...Robert W. Johnson Jr. Robert W. Johnson Jr. was an American businessman who turned a struggling family business into one of the largest healthcare corporations. He joined the company while still in his teens. By the age of 25 he had become a vice-president of J&J. He took Johnson & Johnson to another level by deciding to expand the business overseas, in which was an accomplishment for both Robert Jr and the business. His father was Robert W. Johnson I and was the co-founder of Johnson & Johnson. Robert W Johnson Jr was sixteen when his father died. He left behind an estate of $2,000,000 for his son. He attended Rutgers Preparatory School before he decided to drop out and worked full time at J&J. On January 30, 1968 Robert Johnson Jr died at the age of 74. His net worth was $1 billion...
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...Robert Johnson Robert Johnson laid the foundation for blues rock. After Eric Clapton, world-renowned guitarist, heard Robert Johnson for the first time he said, “I realized that, on some level, I had found the master, and that following this man’s example would be my life’s work.” It isn’t only Clapton that believes Johnson to be one of the best guitarists of all time. Spin magazine, Rolling Stone, and Guitar.com all rate Robert Johnson as one of the greatest guitar players of all time. He has inspired legendary musicians such as Bob Dylan, Keith Richards, Muddy Waters, Jimi Hendrix and others (4). If, in today’s world of hip-hop and heavy metal, a person knows of only one country blues artist, odd are it is Robert Johnson (3). Let’s explore how this young man’s life impacted blues and rock music. Robert Johnson was born on May 8, 1911. Although there are differing dates on documents, this is the date that is most commonly believed to be correct (1). He was born in Hazelhurst, Mississippi and spent much of his early life in levee camps and on plantations. In 1918 his stepfather sent him to a plantation by Robinsonville, Mississippi. This is where he started playing harmonica and meeting older blues musicians such as Willie Brown, Charley Patton and Son House. He eventually moved back to Hazelhurst and met his wife but she died rather quickly after getting married (5). After his wife passed he went back to Robinsonville and met back up with his old blues musicians and friends...
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...As a consequence of fracture, administration conveyance in AUSTRALIA social insurance has confronted various issues. There is absence of single national wellbeing arrangement in the AUSTRALIA. Diverse social insurance associations are confronting issues poor human services administration conveyance. By considering these provisos of social insurance framework, key arrangement will be made. Robert Wood Johnson Foundation has been decided for the vital arrangement advancement. Vision: To accomplish stewardship through simple general wellbeing access will be the vision proclamation for the vital arrangement of RWJF. Mission: To give simple access to general creating so as to wellbeing environment of administration quality fabulousness and esteemed patient through expecting their aggregate consideration and responsibility by staff individuals is the statement of purpose for this vital arrangement. Values: To keep up humanistic qualities in medication is the center estimation of RWJF. Alongside this, the medicinal services association is additionally dedicated to keep up its honesty in the practices when contrasted with other human services firms that are just occupied in cash making business exercises. To end up changes specialists successfully is another estimation of RWJF in the field of social insurance....
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...Robert Wood Johnson Job Training Shana L Jones ENG-201-0L009 Written Assignment 9/ 13.6 B Mentor Sidney Nevels Thomas Edison State College October 2015 DATE: December 6, 2015 TO: All Senior Technologists FROM: Shana L Jones, Supervisor SUBJECT: On-The-Job Training It was presented to me by staff, the “lack of training” in our laboratory. On November 23, 2015, I spent the week among staff to assess these complaints. My assessment was done with a check list and visual observation of the following: I arrived 15 minutes before shift change. I checked the communications and automation maintenance log books. I checked inventory and the storage supply room. I observed the ergonomics of the department. I observed staff etiquette. I survey all recently hired laboratory staff. My findings were that all staff promptly reported 10 minutes before shift change. The communications and automations maintenance log books were legible and satisfactory. Inventory was in its routine order and the supply room was adequate for the needs of the laboratory. In observing the work flow operations of the lab, I’ve estimated it to be an ergonomically correct environment. Phone etiquette and staff interactions made a pleasant atmosphere to work in. However, survey showed that recently hired staff was not trained in how to operate the hospital’s phone system. My assessment of the complaints weren’t that laboratory staff had a lack of technical bench training...
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...the early years Tylenol was developed by McNeil Laboratories. It has as its active ingredient a generic compound that can be manufactured by most pharmaceutical companies: acetaminophen. After Johnson & Johnson acquired McNeil in 1959, it began aggressively to advertise the product—to health professionals—as an analgesic that was as effective as aspirin but easier on the stomach. By 1970, sales of Tylenol were growing about 20 to 30 percent annually, with projected sales to reach about $60 million by 1975. With the release of a number of studies in the early 1970s which questioned the wisdom of widespread dependency on aspirin as a pain-killer, the use of acetaminophen accelerated with Tylenol accounting for 90 percent of acetaminophen sales. Two-thirds of Tylenol users were introduced to the product by physicians. Others became familiar with it through hospitals, where it was used extensively—not necessarily because it was the medication of choice, but because it was generally less expensive than other analgesics and less interactive than aspirin. When a 1976 survey showed that consumers were generally aware that Tylenol was easier on their digestive system than other analgesics but felt that this benefit was achieved at a loss of efficacy to reduce pain, Johnson & Johnson introduced Extra-Strength Tylenol. Extra-Strength Tylenol became the first nonprescription analgesic to contain 500 mg of pain-killer per unit—the established industry dosage was 325 mg for regular...
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...Information/Additional Perspective Johnson & Johnson Tylenol Case In 1982, Johnson & Johnson's Tylenol medication commanded 35 per cent of the US over-the-counter analgesic market - representing something like 15 per cent of the company's profits. Unfortunately, at that point one individual succeeded in lacing the drug with cyanide. Seven people died as a result, and a widespread panic ensued about how widespread the contamination might be. By the end of the episode, everyone knew that Tylenol was associated with the scare. The company's market value fell by $1bn as a result. When the same situation happened in 1986, the company had learned its lessons well. It acted quickly - ordering that Tylenol should be recalled from every outlet - not just those in the state where it had been tampered with. Not only that, but the company decided the product would not be re-established on the shelves until something had been done to provide better product protection.As a result, Johnson & Johnson developed the tamperproof packaging that would make it much more difficult for a similar incident to occur in future. How Did Johnson & Johnson Make These Decisions? The public relations decisions made in light of the Tylenol crisis had to have come from somewhere. This basis for decision making became a bit more clear in 1983, when the New Jersey Bell Journal published article written by Lawrence G. Foster. Foster, Corporate Vice President of Johnson & Johnson, at the time of the Tylenol...
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...Mission : Johnson & Johnson (NYSE: JNJ) is a global American pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. The company's founder wrote a statement of its values called "our Credo" in 1943 and this still dominates the company's culture. Firstly, “We believe our first responsibility is to the doctors, nurses and patients, to mothers and fathers and all others who use our products and services”.Secondly,” We are responsible to our employees, the men and women who work with us throughout the world. Everyone must be considered as an individual and we must respect their dignity and recognize their merit. Compensation must be fair and adequate, and working conditions clean, orderly and safe. We must be mindful of ways to help our employees fulfil their family responsibilities”. Thirdly,”We are responsible to the communities in which we live and work and to the world community as well”. We must be good citizens - support good works and charities and bear our fair share of taxes. We must encourage civic improvements and better health and education. We must maintain in good order the property we are privileged to use, protecting the environment and natural resources. Our final responsibility is to our stockholders. Our suppliers and distributors must have an opportunity to make a fair profit” . ( “COMPANY STATEMENT” ) Source: http://www.oup.com/uk/orc/bin/9780199296... EXECUTIVE SUMMARY: In 1886 , Three brothers, Robert Wood Johnson...
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...Johnson & Johnson (NYSE: JNJ) is the world’s second largest and mostly broadly based manufacturer of health care products. The company holds a significant share of the consumer and pharmaceutical markets, and is the world's largest developer and manufacturer of medical treatment and diagnostic devices. Johnson & Johnson the global American medical devices, pharmaceutical, and consumer package goods manufacturer started when Robert Wood Johnson was inspired by a speech. Robert Johnson then teamed up with his two brothers Edward Mead Johnson and James Wood Johnson to make a line of surgical dressings in the year 1885. A year later, the company rolled out its range of products. Immediately after that year, the company was a legal corporation. Robert Wood Johnson was the first president of the company and worked to improve the sanitation standards and practices during that time. He also lent his name to a medical facility in New Brunswick, New Jersey. When he passed in 1910, his brother James Wood Johnson succeeded him and took over the company. James tenure lasted for 22 years and his son, Robert Wood Johnson II, succeeded him. Johnson & Johnson's products include Consumer Health Care, Medical Devices & Diagnostics and Pharmaceuticals. Some of the most popular merchandise includes baby products, Neutrogena beauty and skin products, the entire line of band-aid bandages, Clean & Clear facial wash, Tylenol medications, and Acuvue contact lenses. Currently the...
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...allegations of misconduct, but while some of these may seem small, every crisis has the potential to damage the reputation of a company. Regardless of the severity of the situation, crises pose a serious threat to companies – not only to their reputation but their fiscal health as well. When Odwalla’s apple juice was thought to be the cause of an outbreak of E. coli bacteria, the company lost a third of its market value. The same allegation against Jack in the Box restaurant in 1993 caused the hamburger chain’s stock price to fall from $14 a share to nearly $3 a share. On the other hand, some companies emerge from crises unscathed in the eyes of consumers and investors. Johnson and Johnson is one such company. After it was discovered that its Tylenol capsules had been laced with cyanide, Johnson and Johnson reacted in such an effective way that the case is now well-documented as an example of successful crisis management. The factor that determines how a company will withstand a crisis is its ability to respond to the crisis. “The public forgives accidents, but it doesn’t forgive a corporation if its response to the public is inadequate.” Once a crisis occurs, the company is suddenly a target for the media, who are acting on behalf of the public to find out the answers to the important questions...
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...BUSINESS DECISION MAKING INTRODUCTION Johnson and Johnson is an American multinational company founded in Brunswick ,New Jersey in 1886 by American entrepreneur Robert Wood Johnson. It manufactures pharmaceuticals, medical devices and consumer products. J&J and its subsidiaries have operations in over 60 countries and sell their products in over 175 countries. Today, it employs 120,000 people worldwide. They are the world’s second largest manufacturer of health care products and the largest developer and manufacturer of medical treatment and diagnostic devices. Is the second revenue earner for the company, focuses on medical needs in cardiovascular, metabolism, immunology and oncology Medical Devices and Diagnostics Is actually the smallest division but include some of them most well know products Prescription Products Consumer Products EXECUTIVE SUMMARY Is the largest segment producing medical equipment, surgical systems and devices LISTERINE, NEOSPORIN, NEUTROGENA, SPLENDA, BAND-AIDS, TYLENOL,VISINE, ACUVUE, ONETOUCH, JOHNSON'S BABY PRODUCTS (LOTION, SOAP, SHAMPOO) COMPETITIVE ADVANTAGE Strong branding and customer loyalty Patient protection Diversification in research and development of new products A single focused business segment in healthcare Company structure / Management approach EXTERNAL & INTERNAL ENVIRONMENTS Consumer bargaining power Threat of entry Threat of substitutes Competition...
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...BUSINESS DECISION MAKING INTRODUCTION Johnson and Johnson is an American multinational company founded in Brunswick ,New Jersey in 1886 by American entrepreneur Robert Wood Johnson. It manufactures pharmaceuticals, medical devices and consumer products. J&J and its subsidiaries have operations in over 60 countries and sell their products in over 175 countries. Today, it employs 120,000 people worldwide. They are the world’s second largest manufacturer of health care products and the largest developer and manufacturer of medical treatment and diagnostic devices. EXECUTIVE SUMMARY Consumer Products Prescription Products Medical Devices and Diagnostics Is actually the smallest division but include some of them most well know products Is the second revenue earner for the company, focuses on medical needs in cardiovascular, metabolism, immunology and oncology Is the largest segment producing medical equipment, surgical systems and devices LISTERINE, NEOSPORIN, NEUTROGENA, SPLENDA, BAND-AIDS, TYLENOL,VISINE, ACUVUE, ONETOUCH, JOHNSON'S BABY PRODUCTS (LOTION, SOAP, SHAMPOO) COMPETITIVE ADVANTAGE Strong branding and customer loyalty Patient protection Diversification in research and development of new products A single focused business segment in healthcare Company structure / Management approach EXTERNAL & INTERNAL ENVIRONMENTS Consumer bargaining power Threat of entry Threat of substitutes Competition / Rivalry • The largest risk is the...
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...Johnson and Johnson Supply Chain Case Analysis Table of Contents I. Executive Summary…………………………………….3 II. Backgound / History……………………………………4 III. Supply Chain Analysis…………………………………5 IV. Recommendations………………………………………7 V. Work Cited………………………………………………8 I. Executive Summary Johnson and Johnson is a medical devices, pharmaceutical and consumer packaged goods manufacture founded in 1886. They are U.S. multinational company, who is listed among the Fortune 500. Johnson and Johnson Credo is a statement of their values and responsibilities that was written over 60 years ago. It articulates their responsibilities to customers, employees, communities and shareholders. There philosophy and core values are centered and desired to provide the safest and most reliable products and services to their customers. Johnson and Johnson offer’s a diverse business. A business that is a leader and offers many medical devices, pharmaceutical and consumer packaged goods that dominate over their competitor’s. There forecast show’s growth despite them facing challenges. They have successfully employed strategies to differentiate themselves that helps them distinguish themselves from its competitors. Johnson and Johnson does not have control over external supply chain, but are committed to ensure operations on their behalf are consistent with their values. With an annual spending being about $30 billion, they are able to leverage their purchasing power and set expectation...
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...| Johnson & JohnsonSubmitted to:Submitted by: Date: 31st December, 2014 | | | | | | | | Index Particulars | Pg.Nos. | Introduction(about co., credo, history, subsidiary holdings, product) | 03 | Strategic framework | | Environmental analysis(PESTEL,Porter,SWOT,competitor, value chain) | | Business level strategy | | Corporate level strategy | | Strategic acquisitions | | Corporate governance | | References | 12 | Introduction Johnson & Johnson is an American multinational pharmaceutical, medical devices, and consumer packaged goods manufacturer founded in 1886. It is headquartered in New Brunswick, New Jersey and being listed among the Fortune 500. The corporation includes some 250 subsidiary companies with operations in over 57 countries and products sold in over 175 countries. Johnson & Johnson and its subsidiaries (the Company) have approximately 128,100 employees worldwide engaged in the research and development, manufacture and sale of a broad range of products in the health care field. The Company conducts business in virtually all countries of the world with the primary focus on products related to human health and well-being. Our Credo: Credo,a deeply held set of values that have served as the strategic and moral compass for generations of Johnson & Johnson leaders. * We believe our first responsibility is to the doctors, nurses and patients, to mothers and fathers and all others who use our products...
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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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...A prime example is when Johnson & Johnson’s CEO in the 1980s made a series of ethical decisions that contributed to the success of the company. During the Tylenol crisis James E. Burke made decisions that cost the company a substantial amount of money in the short term to protect the public’s safety. In the long term Johnson & Johnson’s productivity increased and it is still a profitable company today. A CEO’s decision making skills often have a direct impact on the success or failure of a company. Although there are many examples of unscrupulous business practices across industries this paper will examine a case where a CEO acted ethically. Specifically, it will discuss the impact of former CEO James E. Burke’s leadership decisions on his company Johnson & Johnson in the 1980s. Both the financial impact and the ethical impact of his decisions will be analyzed. James E. Burke’s heroic decision is a classic example of ethical leadership in action. In late September 1982 a twelve year old girl died after taking Tylenol painkillers (Fletcher , 2009) Later that day a postal worker died after taking the same drug (Fletcher, 2009). In less than a week seven people died and the only thing that linked them is that each of them had taken extra strength Tylenol(Fletcher, 2009). Investigators found that the Tylenol had been laced with very high levels of potassium cyanide (Fletcher, 2009). Although Tylenol generated seventeen percent of Johnson & Johnson’s net income...
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