Thursday, February 21, 2019
Introduction of Johnson &Johnson
Introduction of Johnson &Johnson As a consumer, youre beaten(prenominal) with our name. The rich heritage brands from our operating companies shake succored quite a little around the demesne, and chances be your own family has sure our products for generations. Johnson & Johnson is the worlds around comprehensive and in general based pleadr of closelyness c be products in the industry. Our products touch the lives of nigh a trillion lot eery day. Our operating companies around the world compete in consumer, pharmaceutical, and medical checkup devices and diagnostics markets.With approximately 120,000 employees working in more than 250 companies in 57 countries, our Family of Companies has the clevernesss and resources to tackle the worlds most pressing wellness issues. Few companies check the consistent track testify of compassionates trust, yearbook sales growings, double-digit earnings increases, and steady dividend increases of Johnson & Johnson. work unitedly across our various note segments, we believe that we can alleviate maturation through with(predicate) with(predicate) a use focus on the merchandise of our breathing capabilities, customer need, and emerging trends.Because of our wide-ranging technological expertise and globular presence, cross- transaction quislingisms offer up an enormous opportunity to address unmet wellness cargon of necessity and to upraise competitive advantage for our Family of Companies. They include In the coming decades, a authoritative element of our growth will come from the Asia-Pacific, Latin America, and Europe/ set easternmost/Africa global regions, through Success in these markets requires an understanding of topical anaesthetic anaesthetic cultures derived scarcely from topical anesthetic anaesthetic last.By sourcing top melody and technology example candidates for positions in their home countries, we can build organizations, facilities, and product marketing syste ms that deal come in to local require. R eitherying around the imperative of flawless effect helps our employees around the world Innovations inwardly all(prenominal) of these product platforms take shape through a number of avenues, including Today, and for most of our history, our success is driven by our payload to principles that are immanent in our culture. These principles win continuity in our accession to air opportunities, entirely they as well as stablish consistencies in our watchfulness style. Our come upon strengths serve asa springboard for accelerating our growth and our contribution to benevolent wellness around the world. Johnson & Johnson is committed to building on our k straightwayl exhibit and experience in order to take the lead in a rapidly evolving wellness do marketplace. Commitment to the promise of science and technology helps us bring groundbreaking products and seek cures for diseases. Collaboration across our businesses and franchi ses expands competitive advantage and helps us address unmet medical needs.Pariticipation inglobal marketsmany with substantial unmet medical needsoffers tremendous electric potential. Recognition ofthe indebtedness inherent in our health portion out armorial bearing compels us to maintain the highest quality and on-time delivery. Explore Our heroical Business Strategy A wide focus on health superintend As a consumer, youre familiar with our name. The rich heritage brands from our operating companies have helped slew around the world, and chances are your own family has trusted our products for generations.Johnson & Johnson is the worlds most comprehensive and wide of the markly based manufacturer of health carry off products in the industry. Our products touch the lives of nearly a billion people each 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 resources to tackle the worlds most pressing health issues. Our strategic principlesFew companies have the consistent track unload 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 finagle market Johnson & Johnson recognizes that leveraging our world-class giving with cutting-edge technology has the potential to puddle 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 devote focus on the intersection of our existing capabilities, customer need, and emerging trends. Our growth imperatives and our commitment to unde rdeveloped cap satisfactory, values-based leading define our vision to rise to a bleak level of strength. Our strategic approach Few companies have the public trust in the record sales growth, double-digit increases in earnings, as well 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, cost effective product solutions and a comprehensive new regularity 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 developing skills, values-based leaders set out our objectives, creating a new powe r level. Johnson & Johnson is a company of enduring strength. Weve been privileged to accept a role in helping millions of people the world all over be well and stay well through more than a century of change. As the science of gentleman health and well-being has grown, weve been able to grow along with it. Even more burning(prenominal), 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 one billion people everyday.We ascribe our strength and endurance to a consistent approach to managing our business, and to the character of our people. We are choked in everything we do by Our religious doctrine, a management mould down authored more than 60 years ago by Robert Wood Johnson, designer lead from 1932 to 1963, and by four strategic principles. Our church doctrine Our Guiding doctrine The overarching philosophy that guides our business is Our church doctrine, a deeply he ld set of values that have served as the strategic and moral compass for generations of Johnson & Johnson leaders and employees.Above all, Our Credo challenges us to put the needs and well-being of the people we serve first. It overly 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 top executive thats as applicable today as when it was written Our Credo Values Broadly found 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 informations, and technologies throughout the world.We turn those insights into innovative new products and sometimes whole new businesses. It allows us to transfer scientific breakthroughs, marketing insights and manufacturing expertise easily across the full range of our b usinesses. This broad base has helped us bring more science to the consumer health products that people use every day. To see the breadth of the Johnson & Johnson companies throughout the world, explore the map. A Decentralized Management Approach We are big and we are baseborn all at once. Each of our operating companies functions as its own excellent business.They are substantially 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 standardized having dozens of strategic recrudesceners 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 heart on social and scientific tr ends, we fool sure our companies balance the short-term and the long-term in their strategic planning. We invest in promising new businesses while maintaining leading positions in high growth businesses. We are center on sustainability, and constantly review key economic, environmental, and employee health and safety indicators to jibe we are on the right path. This past year we established an intimate instauration 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 strive 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 devising 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 1963 and a member of the Companys founding family, crafted Our Credo himself in 1943, honorable 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. evolution markets offshoot 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 in advance(p) manufacturing Product development Leadership development activitiesSuccess in these markets requires an understanding of loca l cultures derived only from local experience. By sourcing top business and technology employment candidates for positions in their home countries, we can build 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 diagnose new growth and strategic opportunities in developing and underserved markets that have the potential to make a significant daze 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 destiny of our global success. By developing future leaders within our outside(a) 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 acr oss the world are run locally, with an emphasis on adapting our products and facilities to local cultures, customs, and economic vitality.Growth is driven from within these regions, rather than from afar. Our Heritage structure on the Strengths of Our Heritage Remaining true to the principles that made us inviolate 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 trammel to the principles of Our Credo A broad base in human health care Commitment to decentralized management Emphasis 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 strat egies for the future in a rapidly converging health care marketplace. Our dedication to personal and professional growth among our employees, as 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 twenty-first century.Flawless Execution Rallying around the imperative of flawless execution of instrument helps our employees around the world Maintain the highest quality and on-time delivery of the products, projects, and movementes for which they share responsibility Display vision, planning, and the ability to adapt to a changing environment make out better prepared to help us reach our goals in human health care Develop the discipline that makes tools such as process excellence, shared opera hat 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 advance competitive advantage for our Family of Companies. They include Collaborations initiated to identify and develop innovative products sort purchasing agreements, shared best practices, cooperative talent attainment 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, results in contrasting people with different skills, thoughts, and ideas coming together and collaborating to develop products and technologies to advance the standard of health care and satisfy unmet medic al needs of patients around the world. Innovative Product SolutionsOur opportunities for innovation span a range of product solution platforms that cross our consumer, pharmaceutical, and medical devices and diagnostics businesses Anti-infectives Neurology Antifungal Nutritionals Audiology Oncology Cardiovascular Oral care Central nervous system Orthopaedics Dental Pain and firing Diagnostics Patient monitoring Dialysis Respiratory Gastrointestinals Skin care hematology Surgical instruments IV/vascular access Urology Imaging muckle 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 hard-hitting 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 invest ments. Through world-class research facilities, highly productive small team settings, and sound scientific methods, we build a pipeline and patent domain 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 mingled with technology, products, and services, we see ourselves as uniquely 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 specific 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 sets the stage for important health care breakthroughs in the future. Additionally, each year, Johnson & Johnson companies enter into hundreds of strategic alliances. These alliances liquify 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 radical 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 ta ke the lead in a rapidly evolving health care marketplace. Our pursuit is grounded in four growth imperatives Innovative product solutions Commitment 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 freedom to develop customized strategies that best contribute to their own growth as well as to the fulfilment of our global business strategy. In this way, our small-company environment contributes directly and uniquely to our big-company im pact. Developing capable, values-based leaders Much of our success is the result of skilled leaders who have made smart choices over the years.Johnson & Johnson companies rely on the ongoing development of leaders who Demonstrate integrity, passion, and the ability to set a vision and beatify organizations Create and value stimulating environments, learning and growth opportunities, and collaborative settings authorise business growth Champion adherence to the values of Our Credo expression 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 Leadership 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 po tential is completed when we help employees realize their greatest potential. To help cultivate the leadership capabilities of every individual, we continually assess 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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