Academic Master

Business and Finance, Human Resource And Management

Colgate-Palmolive Inc. Company Analysis

The purpose of this memo is to highlight an overview of Colgate-Palmolive Inc. I found that the company offers internship opportunities. Therefore, I will discuss the Company’s history, type of business, management, competitors, mission statement, and other relevant information.

History

Colgate-Palmolive Inc. is an American multinational manufacturing corporation headquartered in Park Avenue, New York. The Company has a long history in the U.S. The Colgate Company was founded in 1806 by William Colgate. After his death, his son continued the business until 1928, when Palmolive-Peet bought the Company. The company’s first products were candles and soaps, but in recent years, the company has a wide variety of consumer products.

Type Of Business

The type of business for Colgate-Palmolive falls under the consumer products company category. The Colgate-Palmolive Company offers different consumer products that are categorized as households, health care, and personal items. Colgate products include Colgate soaps, detergents, toothpaste, and toothbrushes. The Colgate Company line of products is wide and large, including consumer products, such as oral care, personal care, household care, and health care services. The consumer precuts for oral care include toothpaste, toothbrushes, toothpowder, teeth whitening products, and mouthwash. The household products include dishwashing detergents. Personal care products produced by the Colgate Company body include soaps, liquid hand wash detergents, and skin and hair care products. Also, Colgate Company provides health services that specialize in dental problems. The health care items and services include fluoride therapy, specialty in teeth cleaning, dental sensitivity treatment, mouth ulcer treatment services, and Gingivitis treatment.

Management

The Colgate-Palmolive Company management is led by Ian Cook, who is the Chairman, President, and Chief Executive Officer. The CEO leads the Company’s executive, which comprises six members. Also, since the company is a Multinational Corporation, it has more than 150 corporate officers.

Competitors

According to Nasdaq.com, the Colgate-Palmolive has a high number of competitors. The company’s top competitors include Avon Products, Inc., CCA Industries, Inc., Church & Dwight Company, Inc., Unilever Company, Energizer Holdings, Inc., and Stephan Company.

Mission Statement

The Company’s mission statement can be retrieved from the company website. It states: “Colgate-Palmolive’s mission is to become the best truly global consumer products company. We are committed to conducting ourselves in a socially responsible manner and to keeping our business operations environmentally sound. It is our worldwide policy to manufacture and market our products and operate our facilities so that we comply with or exceed applicable environmental rules and regulations. The health and safety of our customers, our employees, and the communities in which we operate must be paramount in all we do.”

(https://www.colgatepalmolive.com/en-us/core-values/sustainability).

Other Relevant Information

I am very keen on getting a career opportunity at Colgate-Palmolive Company. The information posted on the organization’s website about internships resonates with my college qualifications. Also, the company likes to hire and offer opportunities to recent college graduates. Therefore, it is likely that after my internship, I will get an opportunity to work in the organization as an employee. Moreover, they have indicated that there is an opportunity for career advancement and promotion within the organization. Thus, the fact that I can further my career at Colgate-Palmolive is an indication that is appealing to me. For instance, the current company CEO has started a junior manager position in the company.

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