dow chemicals company unique management practice

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DOW CHEMICAL COMPANY Presented by : ABHINAV KP MBA 1 ST SEM WELCOME

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Page 1: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

DOW CHEMICAL COMPANY

Presented by : ABHINAV KPMBA 1ST SEM

WELCOME

Page 2: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

DOW CHEMICAL COMPANY • Founder: Herbert Henry Dow (1987)

• CEO: Andrew N Liveris

• Number of Branches: in about 160 countries

• Headquarters: Midland, MI, USA

• Number of employees: about 54000 people

• Position in fortune 500:48th position

• Market postion:3rd largest company

Page 3: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

DOW CHEMICAL COMPANY • The Dow Chemical Company (Dow) is as an integrated

science and technology company.

• The Company is a diversified, manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services across the world.

• The Company serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, oil and gas, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.

Page 4: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

Basic Products and Services

• Chemicals,

• Catalysts coatings,

• Crop technology,

• Crude oil and natural gas exploration and production

Page 5: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

Products•Dow is a large producer of including plastics, polystyrene, polyurethane, polyethylene, polypropylene, and synthetic rubber.

• It is also a major producer of ethylene oxide, various surfactants, and cellulose resins.

•It produces agricultural chemicals including the pesticide Lorsban and consumer products including Styrofoam.

•Some Dow consumer including products Saran wrap, Ziploc bags and Scrubbing Bubbles

Page 6: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

UNIQUE MANAGEMENT PRACTICEProduct StewardshipAt Dow, each employee has a responsibility to make health, safety and environmental protection an integral part of all daily work. For this reason, we have implemented throughout our entire global operations a Product Stewardship Program based on the American Chemistry Council's Responsible Care® initiative. Dow Product Stewardship guidelines cover all stages of a product's life cycle and are closely monitored to ensure continuous improvement.

Page 7: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

Dow’s Product Stewardship standard:• Ensures that adequate EH&S information is available to

assess the safety of each product for its intended uses.• Establishes product stewardship programs and business risk

review requirements based on risk-based prioritization tier.• Ensures product stewardship is engaged in product/process

design and improvement processes and assessments of external manufacturing.

• Ensures that product stewardship expectations are established for suppliers and distributors.

• Ensures that customers are provided appropriate product stewardship information and assessment and product stewardship programs aligned with risk-based prioritization tier is implemented.

Page 8: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

Product stewardship is a team effort, requiring the knowledge and expertise of a variety of disciplines. Within Dow, many people work together to protect human health and the environment through the appropriate use of Dow's products.Each Dow business employs a Global Product Sustainability Leader (PSL) whose responsibilities include developing, maintaining and leveraging resources to ensure implementation of a global product stewardship plan for the business.

Page 9: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

PSLs are aided in accomplishing these responsibilities by Product Stewardship Specialists, who implement all the relevant aspects of the global product stewardship plan and assure regulatory compliance in a specific geographic region.

In addition, Dow employs over 100 scientists, many with doctoral degrees, with expertise and/or board certification in the fields of mammalian toxicology, eco-toxicology, environmental science, industrial hygiene, human medicine and epidemiology. These scientists advise Dow’s businesses on relevant environment, health and safety aspects with regard to Dow’s products.

To stay abreast of product safety regulatory requirements around the globe, Dow employs over 50 regulatory experts who interpret and apply applicable regulatory requirements to Dow’s products.

Page 10: Dow chemicals company UNIQUE MANAGEMENT PRACTICE

Thank you….