Friday, May 17, 2019
Introduction of Johnson &Johnson
Introduction of Johnson &Johnson As a consumer, youre known with our name. The rich inheritance brands from our operating companies get stand byed lot approximately the initiation, and chances argon your own family has trusted our growths for generations. Johnson & Johnson is the argonnas approximately comprehensive and broadly based manufacturer of wellness dish out products in the industry. Our products get going across the lives of nearly a billion people every(prenominal) day. Our operating companies somewhat the world compete in consumer, pharmaceutical, and medical devices and nosology markets.With approximately 120,000 employees acidulateing in more than 250 companies in 57 countries, our Family of Companies has the skills and resources to tackle the worlds just about pressing health issues. Few companies declare the consistent track platter of public trust, annual gross sales increases, double-digit earnings increases, and steady dividend increases of Jo hnson & Johnson. Working together across our various vexation segments, we conceptualize that we can step on it growth through a dedicated centering on the mathematical product of our existing capabilities, client need, and emerging trends.Because of our wide-ranging technological expertise and orbiculate presence, cross- lineage collaborations provide an enormous opportunity to address unmet health heraldic bearing of necessity and to compound competitive advantage for our Family of Companies. They include In the coming decades, a significant office of our growth will come from the Asia-Pacific, Latin America, and atomic number 63/Middle East/Africa global regions, through supremacy in these markets requires an understanding of local anaesthetic cultures derived only from local experience.By sourcing top affair and technology exercising candidates for positions in their home countries, we can build organizations, facilities, and product marketing systems that respond to local needfully. R altogetherying around the imperative of unflawed execution suspensors our employees around the world Innovations within each of these product platforms shoot put to work through a number of avenues, including Today, and for most of our history, our success is compulsive by our commitment to principles that are inhering in our culture. These principles provide continuity in our begin to pedigree opportunities, but they in like manner stablish consistencies in our care style. Our key strengths serve asa springboard for accelerating our growth and our contribution to military man health around the world. Johnson & Johnson is committed to building on our knowl rim and experience in order to take the take on in a apace evolving health care marketplace. Commitment to the promise of science and technology helps us amaze innovative products and seek cures for diseases. collaborationism across our businesses and franchises expands competitive advantage and helps us address unmet medical needs.Pariticipation inglobal marketsmany with substantial unmet medical needsoffers tremendous potential. Recognition ofthe state inherent in our health care mission compels us to maintain the highest quality and on-time delivery. Explore Our Expansive Business dodging A wide focus on health care As a consumer, youre familiar with our name. The rich heritage brands from our operating companies have helped people around the world, and chances are your own family has trusted our products for generations.Johnson & Johnson is the worlds most comprehensive and broadly based manufacturer of health care products in the industry. Our products touch the lives of nearly a billion people every day. Our 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, our Family of Companies has the skills and resourc es to tackle the worlds most pressing health issues. Our strategicalal principlesFew companies have the consistent track record of public trust, annual sales increases, double-digit earnings increases, and steady dividend increases of Johnson & Johnson. Our strategic principles define our management approach and help us build on the strengths of our heritage. Our approach to a converging health care market Johnson & Johnson recognizes that leverage our world-class giving with cutting-edge technology has the potential to create innovative, effective product solutions and a novel approach to holistic patient care.Our vision for growth Working together across our various business segments, we believe that we can accelerate growth through a dedicated focus on the intersection of our existing capabilities, customer need, and emerging trends. Our growth imperatives and our commitment to instruction capable, taxs-based leading define our vision to rebel to a new level of strength. Our strategic approach Few companies have the public trust in the record sales growth, double-digit increases in earnings, as closely as Johnson & Johnsons steady increase in dividend.Our strategic approach to determine our management approach and help us to consolidate our traditional strengths. The convergence of our approach medical market Johnson & Johnson acknowledged that the use and cutting of our world-class talent, advanced technology, it is possible to create innovative, represent effective product solutions and a comprehensive new method for patient care. Our healthy growth Our work in various business fields, we believe we can accelerate our existing capabilities through a dedicated focus on the junction growth, customer needs, emerging trends.Our growth needs and we are committed to create skills, values-based leaders set out our objectives, creating a new power level. Johnson & Johnson is a company of enduring strength. Weve been internal to play a role in helping millions of people the world over be well and stay well through more than a century of change. As the science of human health and public assistance has grown, weve been able to grow along with it. Even more pregnant, weve helped shape and define what health and well-being means in every day lives. Our products, services, ideas and giving now touch the lives of at least atomic number 53 billion people everyday.We credit our strength and endurance to a consistent approach to managing our business, and to the character of our people. We are draw offd in everything we do by Our church doctrine, a management document authored more than 60 years ago by Robert Wood Johnson, former chairman from 1932 to 1963, and by four strategic principles. Our church doctrine Our directive Philosophy The overarching philosophy that guides our business is Our Credo, a deeply held set of values that have served as the strategic and moral compass for generations of Johnson & Johnson leaders and empl oyees.Above all, Our Credo challenges us to put the needs and well-being of the people we serve first. It also speaks to the responsibilities we have to our employees, to the communities in which we live and work and the world community, and to our shareholders. We believe Our Credo is a blueprint for long-term growth and sustain office thats as relevant today as when it was written Our Credo Values Broadly Based in Human Health Being broadly based gives us a number of advantages. Our more than 250 operating companies have a local window into emerging customer needs, scientific developments, and technologies end-to-end the world.We turn those insights into innovative new products and sometimes whole new businesses. It allows us to fare scientific breakthroughs, marketing insights and manufacturing expertise easily across the full range of our businesses. This broad base has helped us bring more science to the consumer health products that people use every day. To see the breadth o f the Johnson & Johnson companies throughout the world, explore the map. A Decentralized Management Approach We are big and we are small all at once. Each of our operating companies functions as its own small business.They are wholesomely entrepreneurial in character, and they know that their success depends on anticipating customers needs and delivering meaningful, high-quality solutions. While our people operate in a small-company setting, they also have access to the know-how and resources of a Fortune 50 company. Its like having dozens of strategic partners at their fingertips. Explore the map to find out more about our companies throughout the world. Managed for the Long Term We focus on the fundamentals of our business, and manage with future generations in mind.While we keep our eye on brotherly and scientific trends, we make sure our companies balance the short-term and the long-term in their strategic planning. We invest in promising new businesses while maintaining leade rship positions in high growth businesses. We are focused on sustain exponent, and constantly review key economic, environmental, and employee health and safety indicators to reassure we are on the right path. This sometime(prenominal) year we established an internal innovation fund to keep us at the leading edge of transforming health and well-being. People and ValuesPeople and values are Johnson & Johnsons greatest assets. We know that every invention, every product, and every breakthrough weve brought to human health and well-being has been powered by people. Our people extend to to make a difference. We believe the divided values embodied in Our Credo help us attract and keep the most talented values-driven people in the world. Our Credo Values The values that guide our decision making are spelled out in Our Credo.Put simply, Our Credo challenges us to put the needs and well-being of the people we serve first. Robert Wood Johnson, former chairman from 1932 to 196 3 and a member of the Companys founding family, crafted Our Credo himself in 1943, just before Johnson became a publicly traded company. This was long before anyone ever heard the term corporate social responsibility. Our Credo is more than just a moral compass.We believe its a recipe for business success. The fact that Johnson is one of only a handful of companies that have flourished through more than a century of change is proof of that. developing markets Growth in Developing and Underserved Markets In the coming decades, a significant portion of our growth will come from the Asia-Pacific, Latin America, and Europe/Middle East/Africa global regions, through Product marketing innovational manufacturing Product development leaders development activitiesSuccess in these markets requires an understanding of local cultures derived only from local experience. By sourcing top business and technology employment candidates for positions in their home countries, we can b uild organizations, facilities, and product marketing systems that respond to local needs. Established in 2008, one of the tasks of the Johnson & Johnson Office of Strategy and Growth is to identify new growth and strategic opportunities in developing and underserved markets that have the potential to make a significant impact on human health.These opportunities are separate from those being currently pursued by our existing business segments. The Johnson & Johnson International recruitment & Development program is a major component of our global success. By developing future leaders within our international businesses, we build businesses that are better aligned with the pressing health care needs of the regions in which they operate. Our decentralized management structure ensures that Johnson & Johnson operations in countries across the world are run locally, with an emphasis on adapting our products and facilities to local cultures, customs, and economic vitality.Growth is drive n from within these regions, rather than from afar. Our Heritage grammatical construction on the Strengths of Our Heritage Remaining true to the principles that made us strong Today, and for most of our history, our success is driven by our commitment to principles that are ingrained in our culture. These principles provide continuity in our approach to business opportunities, but they also establish consistencies in our management style. Our guiding principles are Adherence to the principles of Our Credo A broad base in human health care Commitment to decentralized management focus on managing the business for the long term Dedication to people and values While Johnson & Johnson is dedicated to Our Credo, which have historically guided our business, our employees, and our culture, we also use these values and beliefs to guide our strategies for the future in a rapidly converging health care marketplace. Our dedication to personal and professional growth among our employees, a s well as an emphasis on developing new technologies to meet the needs of people around the world, positions Johnson & Johnson as a global leader in the 21st century.Flawless Execution Rallying around the imperative of flawless execution helps our employees around the world Maintain the highest quality and on-time delivery of the products, projects, and processes for which they share responsibility Display vision, planning, and the ability to adapt to a changing environment Become better prepared to help us ease up our goals in human health care Develop the discipline that makes tools such as process excellence, shared surpass practices, and review of process metrics an important part of our operating cultureCross-business Collaborations Because of our 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 our Family of Companies. They in clude Collaborations initiated to identify and develop innovative products Grouped purchasing agreements, shared best practices, cooperative talent acquisition and development, and shared research initiatives, undertaken to improve overall performance Their success is due, in part, to strong trust-based relationships.Commitment to the values expressed in Our Credo helps employees of Johnson & Johnson companies demonstrate skill and effectiveness as they establish relationships with colleagues worldwide. The decentralized corporate structure within Johnson & Johnson, when applied to innovation and business growth, military issues in opposite people with different skills, thoughts, and ideas coming together and collaborating to develop products and technologies to advance the standard of health care and conform to unmet medical needs of patients around the world. Innovative Product SolutionsOur opportunities for innovation span a range of product solution platforms that cross our c onsumer, pharmaceutical, and medical devices and diagnostics businesses Anti-infectives Neurology Antifungal Nutritionals Audiology Oncology Cardiovascular Oral care Central nervous system Orthopaedics Dental Pain and inflammation Diagnostics Patient observe Dialysis Respiratory Gastrointestinals Skin care Hematology Surgical instruments IV/vascular access Urology visualise Vision care Immune-mediated inflammatory disorders Womens health Needles and sutures Wound care Innovations within each of these product platforms take shape through a number of avenues, including Aggressive investment in research and development To ensure our continued growth, we make a vigorous commitment to research and development in all business segments. Our R&D network is strong and well-equipped, with substantial annual investments. Through world-class research facilities, exceedingly productive small team settings, and sound scientific methods, we build a pipeline and patent la nd that match the breadth of our product platforms. Focus on new convergence in the marketplaceOur strong commitment to R&D, as well as our focus on new technologies, has positioned Johnson & Johnson as a market leader ready to capitalize on the rapidly evolving health care landscape. As the marketplace sees a new and steady convergence between technology, products, and services, we see ourselves as anomalously positioned to meet the challenges and opportunities that are emerging. Extensive collaboration and strategic alliances Our broad base in health care offers our companies a unique source of innovative product solutoins Internal collaborations both within and across business segments. Experts within peculiar(prenominal) product platforms extend their impact as they identify synergies and establish collaborative development relationships with colleagues throughout our Family of Companies.The ability to work across company boundaries enables true collaborative innovation, and s ets the stage for important health care breakthroughs in the future. Additionally, each year, Johnson & Johnson companies enter into hundreds of strategic alliances. These alliances combine theunique strengths of external partners, which, when combinedwith those of our businesses, build value for customers. selective licensing and acquisition We proactively search for innovations from outside our organizations as well. Our conscientious approach to assessing licensing and acquisition opportunities has helped us expand this important source of growth Advancing to a New Level of StrengthAccelerating growth by excelling as leaders Our key strengths serve as a springboard for accelerating our growth and our contribution to human health around the world. Johnson & Johnson is committed to building on our knowledge and experience in order to take the lead in a rapidly evolving health care marketplace. Our pursuit is grounded in four growth imperatives Innovative product solutions Commitme nt to the promise of science and technology helps us produce innovative products and seek cures for diseases. Cross-business collaborations Collaboration across our businesses and franchises expands competitive advantage and helps us address unmet medical needs.Growth in developing and underserved markets Pariticipation in global marketsmany with substantial unmet medical needsoffers tremendous potential. Flawless execution Recognition of the responsibility inherent in our health care mission compels us to maintain the highest qu quality and on-time delivery. Johnson & Johnson companies have the immunity to develop customized strategies that best contribute to their own growth as well as to the fulfillment of our global business strategy. In this way, our small-company environment contributes directly and uniquely to our big-company impact. Developing capable, values-based leaders Much of our success is the result of skilled leaders who have made smart choices over the years.Jo hnson & Johnson companies rely on the ongoing development of leaders who Demonstrate integrity, passion, and the ability to set a vision and inspire organizations Create and value stimulant environments, learning and growth opportunities, and collaborative settings Guide business growth Champion adherence to the values of Our Credo Looking to the future, we are placing more emphasis than ever on the attraction, acquisition, and development of capable, values-based leaders. The convergence of technology with talent in our organization opens up new doors for our employees to facilitate exciting innovations across many platforms.Our Global lead Profile serves as a framework for developing and assessing future leaders around the world. It defines the leadership behaviors we value in employees at all levels. Our greatest potential is realized when we help employees realize their greatest potential. To help cultivate the leadership capabilities of every individual, we continually ass ess our talent management processes, tools, and leadership effectiveness. Johnson & Johnson is committed to developing the talents and skills of our employees in order to position them to solve the health care needs of the future. picpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpicpic
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