Royal Prestige

Royal Prestige

1. No Poverty 3. Good Health and Well-Being 4. Quality Education 8. Decent Work and Economic Growth

Overview

This idea began with a brainstorming that this team had regarding which company to carry out the interview but also comply with everything requested in Aim2Flourish, when thinking about it, we concluded that the most practical and simple option was to go for Royal Prestige, a company in which one of our colleagues knows very well and has a good relationship with someone in high command who is knowledgeable about the company.


Authors

constantino dimopulos mora

constantino dimopulos mora

José Bernardo Pérez Barraza

José Bernardo Pérez Barraza

Jorge Eduardo Payan Lomeli

Jorge Eduardo Payan Lomeli

Ricardo Noriega

Ricardo Noriega

Jose daniel Acosta

Jose daniel Acosta

School

Universidad TecMilenio

Universidad TecMilenio

Professor

CARLOS SANCHEZ OCHOA RUSSELL

CARLOS SANCHEZ OCHOA RUSSELL

Innovation

This company offers the most innovative kitchen utensils and accessories for the home, these are designed with demanding quality standards, this innovation is the type of material with which its products are made, since they will not need oil to cook and would reduce the use of salt, this material allows you to save money while cooking.

Going into the history of the company, we saw that its success began in 1959, when the founder Peter Johnson Sr., as a young student, was in his first year of university, began to take an interest in the kitchenware business and decided to create his own distribution company in Madison, Wisconsin.



Royal Prestige

Inspiration

The people involved in the innovation of this company were Peter O. Johnson Sr. and his friend Dave Johnson, who, in 1959 were college students who, inside their garage in Madison, Wisconsin, bought, stored, and distributed a line of kitchen products.

So over time, considering themselves a company, they decided to establish a mission, their mission is to create and market products of the highest quality and thus promote family well-being with good health and nutrition, as Vision has to be a leading company in the branch, dedicated to improving health through three main benefits for life (water quality, air quality, and good nutrition), so we could easily deduce that the general purpose is people's health.

Overall impact

When we asked about this point, Luque Alberto mentioned “Royal Prestige was the first kitchen utensil company to take this step of innovation and it has been the best company in the world of this type for 61 years with a sales volume that exceeds 400 million dollars annually. ”

When we asked about the inspiration for this project, Luque explained to us that this idea came up in 1959 by Peter O. Johnson Sr., who had the idea, but it was expanded by his friend Dave Johnson, seeing that people had a problem with the market transportation of materials.

Business benefit

When asking about Peter's motivation, the obvious motivation was that like any business, to generate income and market but his second motivation was to improve people's health indirectly through his product.

Luque concluded, “Royal Prestige sets records, exceptional worldwide, exceeds $ 400 million in retail sales, ends the year with 98 territory directors, 2,551 distributors, and 2,250 joint ventures, and obtains an increase in sales volume of more than 19%. ”

Social and environmental benefit

When we got to the part of asking about the impact of this company, Luque mentions that the impact of this innovation within the company was that they made it stand out from the competition in this market and they managed to create quality products that help society.

Regarding society, it tells us that these products help their consumers when cooking because less fat is used than in common utensils, in addition to being more durable, supporting the economy in the aspect that you do not need buy more products for many, many years.

If we now look at the impact of this innovation on the environment, it is that being products of such high quality considerably reduces the use of disposables.

In the short term, this innovation has an impact on people's lives, being an affordable cost within the branch of luxury kitchen utensils, in addition to generating thousands of jobs around the world, in the long term it would continue to generate thousands and thousands of jobs, in addition to continuing to donate to different causes that help the world to be a better place.

The company's sales that continue to grow constantly, in addition to the reviews of its clients continue to be very positive, adding that the foundations they support continue to grow thanks to this.

When we ask about the impact of this company, Luque responds "In this company every day we are constantly trying to grow, to continue providing our clients with the best possible service, and so that our footprint continues to be visible around the world."

Interview

Luque Alberto, Distribuidor Blue

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Royal Prestige

Royal Prestige

Culiacan, Sinaloa, MX

Business Website: https://www.royalprestige.com/

Year Founded: 1959

Number of Employees: 501 to 1000

They offer the most innovative kitchen utensils and accessories for the home, which are designed with demanding quality standards. Innovation is the type of material with which they are made and that you will no longer need oil to cook and you will greatly reduce the use of salt, and thanks to the material you save money at the same time that you cook.