...Johnson & Johnson Johnson & Johnson is known around the world today as the most competitive and broadly based manufacturer of health care products. J & J also provides other services to the pharmaceutical and medical diagnostic markets. In 1887, three brothers, Robert Wood, Edward Mead, and James Wood Johnson set out to create Johnson & Johnson; which became one of the largest health care companies. The company started in Brunswick, New Jersey with only fourteen employees, today employs more than 110, 000 employees. J & J’s objective is to provide scientifically sound, high quality products and services to help, heal, cure disease and improve the quality of life. With their objective set high, J & J has social responsibility, sets guidelines for FrameworkS to help with creativity within the company, infuse ethics into its decision making, and strives to keep ahead of the competition in the fast paced market. The Johnson and Johnson (J & J) company has been motivated to accomplished its Credo which is its social responsibilities. J & J has been reaching out to support social and public health programs as well as medical educational initiatives around the world. Its Credo emphasizes the vision of Global responsibility toward communities in which they live in and work, its customers and global environment, employees, finally its stockholders. J & J’s community responsibility has been made by providing financial support, product donations and health care expertise through...
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...Johnson & Johnson Company I. History Johnson and Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturing company. Johnson and Johnson was founded in 1886 in New Brunswick, New Jersey by three brothers Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson. Between 1888 and 1921 Johnson and Johnson had a lot of first with products such as first aid kits, dental floss, sanitary napkins for women, band aids, baby powder( which later leads to the company's booming Baby business products). Also it was the first company to provide disaster relief to citizens of Galveston, Texas after a hurricane( the tradition begins). Beginning in 1924 is when Johnson and Johnson expanded its company overseas to countries such as United Kingdom, Mexico, South Africa, Australia, Argentina, and Brazil. Between 1954 and 1989 Johnson and Johnson made expansions to their company such as putting operating companies in India, China, and Egypt. They entered new eras of health care such as vision care, diabetes management and mechanical wound closures. Johnson and Johnson was the first company to introduce disposal contact lenses, they also joined forces with big companies such as Neutrogena, Kodak's Clinical Diagnostics, Cordis Corporation and Centocor. Johnson and Johnson has been around for 126 years providing care for patients and communities around the world. Today Johnson and Johnson has over 250 companies in bout 57 different countries...
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...Johnson & Johnson History and Products Team “A” has chosen to research Johnson & Johnson and their baby care products. Their leading competitors are Aveeno and Burt’s Bee. J & J’s History and Their Products Even if an individual does not use Johnson & Johnson products, he or she has heard of them. Many parents trust their baby’s soft skin to Johnson & Johnson, whether it is for shampoo, soap, lotion, baby oil, or diaper rash. After over hundreds, Johnson & Johnson has established itself in households across the globe, but it did not start out that way. In 1886, three brothers started their company, Johnson & Johnson, in New Jersey (www.jnj.com, 2013). The first good produced by the brothers was a book covering the treatment of wounds in 1888. In that same year, J &J made available first-aid kits; this had never been done before. It was not until 1894 that J & J broke into the infant market, creating baby powder and maternity kits. Nearly 60 years later, J &J released its trademarked baby shampoo, promising users, “No more tears” (www.jnj.com.). Since then, J & J has been making baby products covering a variety of needs and ages. The company produces goods for baby skin care, bath time, bedtime, playtime, and all-natural products. J & J covers a baby from the time he or she is born to early childhood. They even carry products for mommy, too, like nursing needs. In addition to basic infant needs, J & J have produced items for a baby’s hair care and sunscreen for little...
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...Accounting 461-Project No.1 Part I JOHNSON & JOHNSON Corporation HISTORY Johnson & Johnson is an American multinational medical device, pharmaceutical and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500. Johnson & Johnson consistently ranks at the top of Harris Interactive National Corporate Reputation Survey,[2] ranking as the world's most respected company by Barron’s Magazine,[3] and was the first corporation awarded the Benjamin Franklin Award for Public Diplomacy by the U.S. State Department for its funding of international education programs.[4] The corporation's headquarters is located in New Brunswick, New Jersey, United States with the consumer division being located in Skillman, New Jersey. “The corporation includes some 250 subsidiary companies with operations in over 57 countries and products sold in over 175 countries.” Johnson & Johnson had worldwide pharmaceutical sales of $65 billion for the calendar year of 2011.[7] Johnson & Johnson's brands include numerous household names of medications and first aid supplies. Among its well-known consumer products are the Band-Aid Brand lines of bandages, Tylenol medications, Johnson's baby products, Neutrogena skin and beauty products, Clean & Clear facial wash and Acuvue contact lenses. In 2012, Johnson & Johnson announced that they will start to fund the therapeutic...
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...History and backgrounds Johnson and Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer found in 1886. The corporation’s head quarter is located in New Brunswick, New Jersey, United States and its consumer division in being located in Skillman, New Jersey. It includes around 250 subsidiary companies operating in more than 57 countries and products sold in over 175 countries. Johnson and Johnson had worldwide pharmaceutical sales of $16 billion for the third quarter of the calendar year of 2011 (Newswire, 2011).Company’s main three founders were Robert wood Johnson, James wood Johnson, Edward mead Johnson. Company have approximately 111,000 employees globally. Johnson and Johnson brand include numerous household names of medication and first-aid suppliers. Among it well known consumer product are the Band-Aid brand line of bandages Tylenol medication, Johnson’s baby products, beauty products, clean and clear facial wash. Johnson and Johnson there is no mission statement that hangs on wall. Instead, for more than 60 years, simple one page documents- the Johnson & Johnson Credo- has guided the company‘s actions in fulfilling its responsibilities to its customers, employees, the community and stockholders. Johnson and Johnson market leading brands in the baby care, skin and hair care, wound care and topical, oral health care, women’s health, over-the-counter medicines, nutritionals and vision care, beauty care...
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...Report Winter 2011 Thursday, March 31, 2011 Johnson & Johnson – Socialization and Culture, and Organizational Structure Mathew Baptista Cassandra Dingli Sophia Jefferson Jessica Mighton Hayley Summers Daniel Vijayakumar SUMMARY Johnson & Johnson (“J&J”), one of the largest, well-known organizations in the world, produces products for consumer health care and for use by medical professionals in care and diagnostics. Some of their most recognizable brands include Tylenol, Neutrogena, Listerine, Band-Aid and Reactine. These, along with their many other brands, are produced in over 60 countries by more than 250 different operating companies that make up the J&J organization. In total, more than 114,000 employees are part of the organization, and they are managed through a system of decentralized management with a wide span of control. J&J faces the unique challenge of trying to create one corporate culture that all parts of their organization believe in and adhere to. One of the strategies used to combat these obstacles is values-based leadership and linking employees and subsidiaries under a common set of values, as outlined in "Our Credo". J&J works extremely hard to uphold their Credo, which was written by Robert Wood Johnson – one of the founders of the organization – in 1943. It is a set of values that J&J vow to work by and which lend to the present culture that is so important in the organization today. J&J also attempts to induce a culture of innovation and...
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...J&J pharmaceuticals has a lot of opportunities as health care industries are not dependent on the financial industry, where as the financial industry is dependent upon the stock market. As the economy is dwindling jobs in that industry are also dwindling or scarce. The more scarcity of the jobs means that more people of the open market and qualified people will take the entry level jobs, where as the pharmaceutical industry is driven by healthcare. Unhealthy volunteers participate in clinical trials to improve upon conditions that have already been sustained. For instance there is no cure for cancer so J&J is trying to come up with ways to prolong patients life alongside to giving them a pain free life. Working in this field would also benefit myself as I am doing something good for someone I am not generating revenue for myself. Making money is a major part of my life as it is a major part of anyones life but to be able to help people who have injuries and have sustained injuries due to medical conditions, health problems, or possible death this to me is very benefical of joining this particular industry. Speaking from my behalf I have my Mother In Law is currently battling cancer and I feel that I want to do everything within my abilities for them and they might not live very long. If I can try to prolong their lifespan I have invested my own time and career goals to be here for them. I have gone to school to learn about the foundation of Marketing so that...
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...Assignment #1 Johnson & Johnson and Guidant FIN 648 February 13, 2006 Shreyasee Kothari Shalini Ramchandren Mattia Valdisolo William Smith Guidant, a company in the surgical & medical instruments & apparatus, is in the process of being acquired by Johnson & Johnson (J&J), a company that engages in the manufacturing and selling of various products in the health care field. By evaluating each company’s current strategy, it can help to decipher if J&J is undertaking a company that can add value to its business. Using several strategy models, such as Porter, Kauppi, the BCG Growth Matrix, and a Strength, Weakness, Opportunities, and Threats (SWOT) analysis for each company, we can identify how these companies operate in their own industries, as well as compare each to assess compatibility. Porter’s Model: 1. Barriers to Entry a. Regulatory restrictions: Guidant has extreme federal restrictions, as mandated by the industry it is in. By operating in the United States (US), Guidant must comply with the laws of the Federal Drug Agency (FDA). Operations in other countries (over 100) must comply with FDA equivalents in their respective countries. (Guidant 10-K 2004) Primary operations are in the US, Asia, and Europe. “The regulations also hold true for J&J due to the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA) that took effect on January 1, 2006. It will have a major impact on how drug companies negotiate...
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...Eastern Michigan University DigitalCommons@EMU Master's Theses and Doctoral Dissertations Master's Theses, and Doctoral Dissertations, and Graduate Capstone Projects 5-13-2003 Human Resources Practices in Corporate Culture Communication: A Case Study of Johnson & Johnson Flavia Xavier Follow this and additional works at: http://commons.emich.edu/theses Recommended Citation Xavier, Flavia, "Human Resources Practices in Corporate Culture Communication: A Case Study of Johnson & Johnson" (2003). Master's Theses and Doctoral Dissertations. Paper 4. This Open Access Thesis is brought to you for free and open access by the Master's Theses, and Doctoral Dissertations, and Graduate Capstone Projects at DigitalCommons@EMU. It has been accepted for inclusion in Master's Theses and Doctoral Dissertations by an authorized administrator of DigitalCommons@EMU. For more information, please contact lib-ir@emich.edu. HUMAN RESOURCES PRACTICES IN CORPORATE CULTURE COMMUNICATION: A CASE STUDY OF JOHNSON & JOHNSON by Flavia Xavier Thesis Submitted to the Department of Management Eastern Michigan University In partial fulfillment of the requirements For the degree of MASTER OF SCIENCE In Human Resources Management & Organizational Development Thesis Committee: Stephanie Newell, PhD, Chair Mary E.Vielhaber, PhD Diana Wong, PhD May 13, 2003 Ypsilanti, Michigan iii DEDICATION To God who has been a blessing my life with my beloved husband, Luis Felipe. iv ...
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...Introduction of Johnson &Johnson As a consumer, you’re familiar with the name. The rich heritage brands from their operating companies have helped people around the world, and chances are your own family has trusted their products for generations. Johnson & Johnson is the world’s most comprehensive and broadly based manufacturer of health care products in the industry. Their products touch the lives of nearly a billion people every day. Their operating companies around the world compete in consumer, pharmaceutical, and medical devices and diagnostics markets. With approximately 120,000 employees working in more than 250 companies in 57 countries, Johnson & Johnson has the skills and resources to tackle the world’s most pressing health issues. Few companies have the consistent track record of public trust, annual sales increases, double-digit earnings increases, and steady dividend increases of Johnson & Johnson. Working together across various business segments, Johnson & Johnson believe that they can accelerate growth through a dedicated focus on the intersection of existing capabilities, customer need, and emerging trends. Because of their wide-ranging technological expertise and global presence, cross-business collaborations provide an enormous opportunity to address unmet health care needs and to enhance competitive advantage for their Family of Companies. Success in these markets requires an understanding of local cultures derived only from local experience...
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...Human Resource Management, 10e Lloyd L. Byars and Leslie W. Rue Johnson & Johnson: Creating a Global Learning Organization To provide current, cost-effective training in the fast-paced global business environment, many companies are turning to e-learning. One study shows that about 35 percent of large companies have implemented learning management systems, and another 45 percent are planning them.1 While the trend is to centralize learning to control quality, costs, and management, Johnson & Johnson launched a successful e-learning system using a different approach. Headquartered on a small campus in New Jersey, Johnson & Johnson is one of the world’s most globalized firms, manufacturing health care and personal care products in 60-plus countries and selling them in virtually every country in the world. Known for its customer-based values, the highly decentralized corporation faces a major challenge managing its more than 230 diverse, independent business units. Central to the Johnson & Johnson culture and a source of competitive advantage is its Credo, a set of values that for 70 years has created the cultural ties that bind the organization. But by design, the Johnson & Johnson family of companies is anything but tied together. Johnson & Johnson, which began to decentralize long before it became fashionable in corporate America, enables each business unit to operate as a separate entity, deciding whom to hire and what products to produce. The organization gains...
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...In conceptualizing a business plan and understanding the value alignment with a company and an individual, Team A has selected Johnson and Johnson (J&J). Team A will analyze the values of each team member and how his or her values compare to the values of Johnson and Johnson. Enclosed below is an outline of subsequent evolution values and action alignment between plans and actions. Team A has reflected the degree of differences in individual values versus J&J stated values. Origins of Personal and Workplace Values A person’s values derive from family, friends, and life experiences shaping each individual’s perspective. Values are “a person’s principles or standards of behavior; or judgment of what is important in life” (Definition of Value, 2012, p. 1). The values each individual in Team A may differ in some form but to become a team the individuals must come to an agreement about a single set of values. Individual values are instilled through those closest such as family, friends, and mentors. As the person grows older and wiser these values sets him or her apart from others around them; although all share a set of common values. Similar to Team A corporations must have a foundation that guides the company and at the same time communicate to employees and the public the company’s vision and mission. Explain how your team values drive its actions and behaviors Team A’s values are important because they set us apart from other teams. In the academic setting Team...
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...UNIVERSITA’ DEGLI STUDI DI CATANIA FACOLTA’ DI INGEGNERIA Corso di Gestione aziendale Prof. A. Ancarani Analisi strategica Caso studio: “ Johnson & Johnson” Allievi Asero Alfredo Basile Nicolò Di Mauro Daniele ANNO ACCADEMICO 2009 – 2010 1 Indice 1 L’AZIENDA…………………………………………………………….......………….…3 1.1 Informazioni generali....................................................................................................3 1.2 Alcuni numeri .............................................................................................................8 2 ANALISI DEL MODELLO STRATEGICO: STRATEGY PROCESS………………13 2.1 Generalità....................................................................................................................13 2.2 Strategic thinking........................................................................................................14 2.3 Strategic formation......................................................................................................17 2.4 Strategic change...........................................................................................................21 3 STRATEGIC CONTENT…………………………………..............….......………….…24 3.1 Business level strategy............................................................................................... .24 3.2 Corporate level strategy.................................................................................................
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...MANAGING STRATEGY OF JOHNSON & JOHNSON I. INTRODUCTION TO STRATEGY Strategy is a long-term and future-oriented plan which interacts in the competitive environment in order to achieve company goals. (Thomson, 2003) Picture 1: Three levels of Strategy Source: Created by author An organisation contains three-levels of strategy. The top hierarchy refers the corporate-level strategies that attempts to make use of the firm’s unique competencies by accepting a portfolio to the business management by developing long term plans. And the middle is the decision-making hierarchy at business-level that translates the statement’s direction and generates corporate-level strategies for business units or SBUs. And the bottom hierarchy is functional-level that develops short term strategies and annual objectives in different areas of organisation. (David, 2003) II. ORGANIZATION & BUSINESS SEGMENTS Company Profile Johnson & Johnson- A most comprehensive health-care firms in the world and most diversified. J&J manufactures health care products for consumer & personal care, pharmaceutical, medical devices and diagnostics markets. It is operating its firms in 57 countries and nearly 200 companies around the world. J&J generates nearly half of its revenues from outside US; through its operating networks and marketing organizations that sells products in 175 countries. (Web 1) Key Facts- Johnson & Johnson Incorporated | 1887, Public Company | Employees...
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...J&J Organization Structure Johnson & Johnson is a global American health care manufacturer founded in 1886. The Family of Companies – as they call themselves – consists of more than 250 operating companies in 60 countries employing about 118,000 people worldwide. (J&J) The companies of the family are organized into three business segments: Consumer Health Care, Medical Devices and Diagnostics, and Pharmaceuticals. It is a typical instance of a product based divisional organization that collects all functions contributed to a given product under one division. This model makes it easier to manage a wide variety of products, customers, and geographic regions. Another advantage is that managers have to deal with less amount of information regarding a certain product. It also generates greater job awareness for the employees. Managers are more independent and therefore more accountable. This concept assumes wide general skills of the management, which goes along very well with the board opportunities for training managers receive. However, in some cases more in-depth skills are required turning this advantage into a disadvantage. Since functions are duplicated for each division, the organization has more expenses. (Bateman) Johnson & Johnson is known by its strong work design concept, the decentralized management. On the top of the organization is the Board of Directors lead by the CEO. Members of the Board are selected annually by the shareholders. The...
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