2. Company Profile
• Ecolab 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, MN
• Employs 47,000 people
• In 2015, Ecolab received many awards for being a leading organization
such as: 2015 World’s Most Admired Companies, 2015 World’s Most
Ethical Companies, and 2015 Best Companies for Leaders
3. Key People
CEO: 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. HANDLEY
• Responsible for providing leadership, management, and strategic counsel.
Previously was senior executive vice president of the Global Food & Beverage
sector.
CFO: DANIEL J. SCHMECHEL
• Joined Ecolab in 1995 as an assistant treasurer. Previously served as senior
vice president of the Services and Systems sector.
Founder: MERRITT J. OSBORN
• Founded Ecolab in 1923. Created a carpet cleaning product after being driven
out of the automobile business by Henry Ford.
4. Products/Industry
• Ecolab products and services aim to make the
world cleaner, safer and healthier
• Involved in many industries including: water,
hygiene, and energy technologies, food, energy,
healthcare, industrial, and hospitality
• Wide range of products include: cleaning chemicals,
skin care products, water filters, surgical patient
drapes, dishwashers
• Main competitors: ServiceMaster Global, ISS,
Diversey Inc., Henkel, Church & Dwight
5. Lawsuits
• In 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.
6. Financial Information
Net Sales in 2011: 6.8 billion
Net 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.
7. Code of Ethics
All 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 Ecolab’s reputation as an ethical company?
8. 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.
9. 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.
10. Operational Management and Training
● Programs 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.
11. Global Management
Ecolab 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.
12. Structured Innovation
● CORE, 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.”
13. Summary
• Ecolab 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.
14. Works Cited
Ecolab. Annual Report 2015. St. Paul: Ecolab, 2015. Print.
Ecolab. 16 Oct. 2016, http://www.ecolab.com/.
