Presentation by:Saima Zia

Beco sp12-021

Fortune 500Fortune 500 is the ranking of the top 500 companies in the world based on their revenues before tax collection. The companies which are ranked are both private and public companies. The concept of fortune 500 was made by Edgar P. Smith.

Edgar P. Smith

General information:

• Rank in 2011: rank 19• Rank in 2012: rank 21• Rank in 2013: rank 50 (according to Wikipedia)• CEO: George S. Barrett.• Number of employees: more than 32,500.• Location: Dublin Ohio United States.• Type of business: It is a public company selling drugs in

wholesale.• Products: Medical and surgical products.

It is a pharmaceutical company

Economical and efficient products which are used in almost 90% of the U.S hospitals.

It provides its products to more than 60,000 locations each day. It also provides ambulatory products at reducing costs.

Financial data of the company:

Revenues:• It made $1.3 billion revenue in 2010.• In 2011 it made 102,644.2 million dollar revenue.• 2012 revenue: 108$ billion.Profits:• In 2011 it had profits of 959.0 million dollars.Assets: • In 2011 it had assets of 22,845.9 million dollars.

Competitors of Cardinal health:

Amerisource Bergen (ABC)

McKesson Corporation (MCK)

Owens and Minors Inc. (OMI)

A brief history of the company:• The company started its

business in 1971 when its founder Robert D. Walter opened a small distribution center in Columbus, Ohio.

• It was a prominent food distributing company till 1979. It was known by Cardinal foods name.

• In 1979 it started the business in pharmaceutical distribution. It was then known as Cardinal distributors.

• In 1983 it owned more than a dozen U.S drug distributors.

• In 1987 its pharmaceutical business grew twice the size of its food distributing business. It sold its food distributing business.

• In 1994 it became the leading drug selling business with the revenue of 6 million dollars.

About the founder: Robert D. Walters:

• Robert D. Walter is a businessman. He purchased Cardinal foods.

• Walter graduated from St. Charles Preparatory School, has an MBA from Harvard University and a BA from Ohio University.

• He retired from Cardinal Health on June 20, 2009. He is no longer CEO or chairman of the board.

Robert D. Walters

Ownership of the corporations:

• Pyxis Corp.• R.P. Scherer• PCI Services Inc.• Allegiance Corp.• Bindley Western and

68 other corporations.

Organizational culture:• Workers get a thirty minutes break only and work

for total eight hours.• The employees are very friendly with the

customers.

• The management arranges many conferences for the management planning which is helpful for the company.

• Workers don’t follow any dress code.

Organization’s vision and mission statement:

Vision Statement:

"To be the healthcare industry leader in providing a diverse, inclusive work environment that reflects the marketplace and communities where we do business while maximizing our competitive advantage through innovation, profit and adaptability".

Mission Statement:

• “Identify, attract, and retain the best talent from each group.

• Create a workplace where all talent can perform at its best.

• Assess/understand the diversity of your marketplace• Ensure we are responding and aligning to our customers• Ensure our customers see themselves in our vision,

actions and workplace.• Use external contributions to eliminate disadvantage and

increase the diversity of the talent pool.”

THANK YOU!

• http://money.cnn.com/magazines/fortune/fortune500/2012/full_list/

• www.google.com• www.cardinalhealth.com• www.wikipedia.com•

http://www.diversitycareers.com/articles/pro/09-octnov/dia_cardinal_health.html

• http://www.indeed.com/forum/cmp/Cardinal-Health/s-company-culture-at-cardinal-health/t22207

References: