PowerPoint Presentation

Blake Grachek, Kate Eischens,Cameron Wold, Andrew Thomas

Company ProfileEcolab is the global leader in water, hygiene and energy technologies and services. Works to ensure safe food, prevent infection, improve water and energy management, increase operational efficiency, enhance safety, and preserve natural resources.International company: operate in North America, Latin America, Europe, Asia Pacific, Africa, and the Middle East; Headquartered in St. Paul, MNEmploys 47,000 peopleIn 2015, Ecolab received many awards for being a leading organization such as: 2015 Worlds Most Admired Companies, 2015 Worlds Most Ethical Companies, and 2015 Best Companies for Leaders

Key PeopleCEO: DOUGLAS M. BAKER, JR.Began his career with Ecolab in 1989. Worked his way up through marketing and sales roles to become president and CEO in 2004.COO: THOMAS W. HANDLEYResponsible for providing leadership, management, and strategic counsel. Previously was senior executive vice president of the Global Food & Beverage sector.CFO: DANIEL J. SCHMECHELJoined Ecolab in 1995 as an assistant treasurer. Previously served as senior vice president of the Services and Systems sector.Founder: MERRITT J. OSBORNFounded Ecolab in 1923. Created a carpet cleaning product after being driven out of the automobile business by Henry Ford.

Products/IndustryEcolab products and services aim to make the world cleaner, safer and healthierInvolved in many industries including: water, hygiene, and energy technologies, food, energy, healthcare, industrial, and hospitalityWide range of products include: cleaning chemicals, skin care products, water filters, surgical patient drapes, dishwashersMain competitors: ServiceMaster Global, ISS, Diversey Inc., Henkel, Church & Dwight

LawsuitsIn 2015, Ecolab reached a 7.5 million dollar settlement with their exterminators. The settlement was reimbursement for not paying the exterminators for their overtime pay.In 2013, they had an almost identical that resulted in a pay out of 29 million to their exterminators.

Financial InformationNet Sales in 2011: 6.8 billionNet Sales in 2015: 13.5 billion

North America is responsible for 57% of global sales.Their global industry is there most profitable department bringing in 35% of their overall sales.

Code of EthicsAll employees must consider these questions before performing a task they deem questionable.Is my action or decision the right thing to do? Could my action or decision withstand public review?Will my action or decision protect Ecolabs reputation as an ethical company?

Social Responsibility Ecolab has concern for the well being of both people and communities, they strive to conduct business fairly and ethically, respect human rights, and follow the law and government regulations.

Human Resource Management In October of 2011, Ecolab was named one of the top 100 companies in China for human resource management. It was recognized for its employee training, talent recruitment and retention best practices and its corporate social responsibility initiatives.

Operational Management and TrainingPrograms such as PLAN encourage and promote the occupational learning and skills of certain positions within the organization to be able to develop a career and meaningful business relationship within Ecolab.These various programs are used to foster and develop employees and their various specified occupational subjects. Managerial positions are encouraged to innovate these programs through the various amount of positions within the organization.

Global ManagementEcolab operates in North America, Latin America, Europe, Asia Pacific, Africa and the Middle East. Management of essential resources (water):With population trending to grow by 2.4 billion people by 2050, the amount of water needed to support all life would have to rise by 40%. Ecolab is invested into finding ways to manage how we use and reuse water for our future.

Structured InnovationCORE, or the knowledge sharing system of Ecolab, provides nearly 7000 global employees the ability to collaborate and solve anywhere from rudimentary to complex problems presented in the relative industries.These inherent means of constructive innovation and the powerful tools used to share it are what drives the creative and authority based innovation to produce industry related solutions.Our economic value to investors and the communities in which we operate is strengthened by our commitment to environmental and social innovation. We deliver unlimited resourcefulness to the challenge of limited resources to deliver positive economic, social and environmental outcomes.

SummaryEcolab is a diverse and rich environment for contemporary management with the adaptable attitude it has on the training and regulation of employees and all levels of management. This suitable environment for change has allowed it to operate within the industries of petrochemical production, water treatment, and other innovative custom-tailored solutions.

Works CitedEcolab. Annual Report 2015. St. Paul: Ecolab, 2015. Print.Ecolab. 16 Oct. 2016, http://www.ecolab.com/.