Glaxo smith kline
-
Upload
ahmad-zia-lodin -
Category
Health & Medicine
-
view
282 -
download
0
Transcript of Glaxo smith kline
Welcome
Ahmad Zia “Lodin” M.Umar Farooq Khan Habibullah
Group Members
Introduction History Mission and Vision Organization & Culture Strategy & Managing Change Global Prospective SWOT Analysis Conclusion
Layout
GlaxoSmithKline (GSK) is a British multinational pharmaceutical, biologics, vaccines and consumer healthcare company headquartered in Brent ford, London. As of March 2014, it was the world's sixth-largest pharmaceutical company after Johnson & Johnson, Novartis , Hoffmann-La Roche, Pfizer, and Sanofi, measured by 2013 revenue.
Introduction
GlaxoSmithKline plc is a public limited company incorporated on 6th December 1999 under English law. Its shares are listed on the London Stock Exchange and the New York Stock Exchange.
On 27th December 2000 the company acquired Glaxo Wellcome plc and SmithKline Beecham plc, both English public limited companies, by way of a scheme of arrangement for the merger of the two companies.
History
History GSK and its subsidiary and associated undertakings constitute a major global healthcare group engaged in the creation, discovery, development, manufacture and marketing of pharmaceutical and consumer health-related products.
GSK has its corporate head office in London and has its US headquarters in Research Triangle Park, North Carolina, with operations in some 120 countries, and products sold in over 150 countries.
Con…
Mission and Vision
‘’Improve the quality of human life by enabling people to do more, feel better and live longer’’.
Mission
We carry out our business with the enthusiasm of entrepreneurs, excited by the constant search for innovation.
We also have a strong culture of performance achieved with integrity.
We are confident of attaining our set goals because our people bring to the workplace an attitude of passion and positive attitude.
Vision
Organization
BOD CEO Deout Chairman
Advisory committee on administration
development
Trade net Dept
Sales
Managemen
t Dept
Quality Control Dep
t
Finance Dept
Human
resource
s Dep
t
Marketing Managemen
t Dept
International Trade Ins
General Administration Dept
Planning and finance Dept
Overseas & Domestic Branch Office
National Sales Dept
Provisional sales Dept
Area Sales Dept
Product Line Q.C
Dept
Product Q.C Dept
Audit
Dept
Strategic Manage
ment Dept
Product Manage
ment Dept
Selection & Recruitment Dept
The management levels of GSK are as follows:-
Executive Level
Director Level
Manager Level
Staff
The main challenge for GSK; Use of Un-ethical practices in the
market
Challenge In Market
But as GSK is a trustworthy Multi National brand (Controlled from UK).Has a developed an Anti Bribery department.Customer has a trust on GSK.For making this trust even stronger & assuring transparency, The MRs (Medical Representative) are given no Sales targets to avoid the use of unfair sales purposes in the lower staff.
Respect people Patient focus Transparency Integrity In GSK, MR has the same respect as that
of the MD. Empowerment of the staff & Team work
Organizational Culture
Change In Manager Job
In market we have to highlight the plus points of our product and the negatives of the competitors.
For example: competitive products. Both are used for Respiratory Tract
Infections.
Competitive Strategy
Why people resist CHANGE?
Lack of expertise is the main reason. GSK follows the Top down Bottom up design.
Managing Change
GSK has same basic strategies all over the world. But the secondary strategies are aligned with the market. As we believe on the policy of,
“Think Globally Act Locally”
GSK has the main focus on emerging markets (Mainly China & other Asian countries)
Global Prospective
While our products can mainly be divided into:
Innovative Products More investment,
higher profitability & are the future of the Co. Mature Products Not much Investments.
E.g. Ampiclox Classical Products Big volumes but still
have less growth as compared to innovative products. Lesser investments.
Cont…
Strengths Strong management team. Large market share. Majority research based products in
Pakistan. Wide range of products.
SWOT Analysis
Less checking on the sales representatives for their working in the field.
Weaknesses
High growth rate in emerging market of pharma business.
One of the good brand names in pharma industry.
GSK can be able to cash its name in baby foods.
Opportunities
Lower cost competitors or imports like Chinese and Indian medicines etc
Un-ethical practices while GSK have strong SOPs.
Mighty company so lower growths. Instability of the country .
Threats
Working in a competitive & the market where un-ethical practices are common is very hard.But still continuous hard work on the behavior and values of the organization and its employees can be fruitful, i-e Expanding profits.
Conclusion
Thank you
Q & A