P&G’s 1,000 PhDs Not Enough to Crank Up New Blockbusters: Retail

For much of its history, Procter & Gamble Co. didn’t just roll out new products, it created new product categories, from the first mass-produced disposable diapers to Crest teeth-whitening kits. That’s one reason P&G has more than 1,000 Ph.D.’s among the 8,000 employees at its 26 innovation facilities around the world.

"P&G is largely a branded science company," said Larry Huston, former innovation officer at P&G who’s now managing director of 4inno, a consulting firm.