Wyeth Pharmaceuticals
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Transcript of Wyeth Pharmaceuticals
![Page 1: Wyeth Pharmaceuticals](https://reader036.fdocuments.in/reader036/viewer/2022073103/55cf9a1f550346d033a08e45/html5/thumbnails/1.jpg)
WYETH PHARMACEUTICALSMain Problems Top selling drugs are nearing their expiry patent
durations.Increasing competition in terms of pricing pressures.
Effects
• revenue shortfall
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SOLUTION SUGGESTED To reduce operating expenses by 25% to
remain competitive in Pharmaceuticals industry.
HOW Process improvement with the help of
external advisory firms with more focus on cultural changes.
BARRIER Less coordination between sites and
between site and company.
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Transformation Programs offered by External Advisory firmOperating system improvements through
lean & six sigma by eliminating waste, variability and inflexibilities from production systems.
Making improvements in management infrastructure-how the site was organized and managed.
Improving mindsets and behaviours of all employees through training, communication and incentives.
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INTERNAL CHALLENGEs1. Leadership Coalition- To get the 12
most senior people in TO&PS to believe & allign with the management goal of 25% savings.
HOW Central Guiding principles to assist in
decision making and addressing internal challenges.
No compromise on customer service, coordinated approach, emphasis on employee engagement, sharing common processes.
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Central Guiding PrinciplesNo compromise of expectation for customer
service, quality & compliance.Consistent and coordinated approach
across all sites.Fully integrated improvement across
functions and willingness to make fundamental, step change improvement in processes.
Explicit emphasis on engagement of all employees, and on capability building and changing mindsets and behaviours to ensure sustainability.
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Central Guiding Principles..Sharing and development of best practices.Standardization of common processes
across all sites.Bias for action, tolerance for ambiguity and
willingness to make mid course correction.
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2. Communication within sites HOW Bringing together managing directors and
quality managers from all sites. Employing mini transformation activities
across all sites Engagement of operators through cultural
changes with the concept of mindsets and behaviours.
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3. Quality management concerns- Many Quality heads were skeptical of meeting the aspirations laid out by senior managers with the help of lean processes.