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Novartis Pharmeceuticals Ltd.

Extracts from this document...

Introduction

TO : Martin Savery FROM : Aman Mutneja REF : Novartis INTRODUCTION: This report written on the 16th November 2002 has the following information about Novartis pharmaceuticals: > The history of the company. > The objectives of the company. > The corporate structure and the legal identity of the company. > The culture of the company. > The impact of technology. > The internal structure of Novartis. > The management structure and its style. This report was prepared keeping in mind a few objectives: > To understand how a company runs. > To familiarise as to how the company plans its strategies. > To have a practical knowledge of the working of a business. > To understand how a company plans its structure. All of this is followed by the conclusions and recommendations as to how the company can improve/expand its business. The entire report on Novartis is based on the findings by primary research and secondary research. The secondary research included the college notes, the Internet, the information mailed by the company. This was followed by the primary research that included personal interview of the manager of the company, discussion and sharing of information with the college colleagues. Introduction to Novartis: Novartis is a world leader in the research and development of products to protect and improve health and well being. The name Novartis, derived from the Latin novae artes, meaning "new skills," reflects the company's commitment to focus on research and development to bring innovative new products to the society they serve. They are a scientific and educational charity, formed in 1949 by the Swiss company Ciba (now Novartis). They have a mission to bring value to their patients and customers. They want to have a positive impact on people's lives and to discover, develop and successfully market innovative products to cure diseases and enhance the quality of life. In addition, they want to provide a shareholder return that reflects their outstanding performance. ...read more.

Middle

This type of culture is generally found in small organisations. Only one person makes the decision in the organisation. > Role culture This type of culture is mainly found in the government departments. The power is derived from employee's position in the organisation. > Task culture This type of culture mainly requires teamwork. There is an extreme focus on the tasks. There is a democratic approach in the decision-making. > Person culture This type of culture is generally found in the charities, clubs and voluntary organisations. The organisations having this type of culture exist for the benefit if those within the organisation. At Novartis they understand and believe that people do make a lot of difference. This means that they treat each other with respect, support each other's efforts, and work at delivering superior results. They want their associates to take pride in working at Novartis and to have fun in doing so. This requires inspiring leaders at all levels who fully utilize the talent and diversity of their fellow associates. The company invest to attract and retain leaders, professionals, and to develop their associates. They value competence, professionalism, and a positive attitude. They recognize and reward high performance. At every level of the organization, they want their people to become "best-of-class". By fostering teamwork and collaboration, they can enhance learning throughout the organization. Thus, they promote interaction across functions, geographies and hierarchies. Hence, it can be said that Novartis operate and functions based on role culture and task culture. The company values candor, trust and integrity, and they recognize the importance of open, continuous communication. Every day their researchers and managers make decisions about whether or not to take an action that will meet a business interest and a societal need. They must consider the consequences of both action and inaction from many different perspectives. Over a period of time, Novartis has changed its culture in the organisation. ...read more.

Conclusion

* In order to obtain more information about the company they should explain things about their company in much more details. The UN global compact: To unite the power of the markets with the authority of universal values." That is the goal of the Global Compact, a UN initiative that seeks to safeguard sustainable growth in today's global economy. The UN Global Compact promotes core values for meeting the socio-economic needs of people around the world. It asks for the partnership and commitment of multinational corporations to work with the UN in sustaining open markets and in finding solutions to social issues. Novartis has joined with the UN and other corporate partners and organizations (i.e. NGOs) to support the Global Compact. We consider the principles set forth in this compact to be important building blocks for a free and prosperous world economy and essential for sustainable economic and social progress. The compact sets forth nine principles in as follows: Human Rights � Support and respect the protection of human rights within the sphere of our influence � Ensure that our own operations are not complicit in human rights abuses Labour � Freedom of associations and the effective recognition to collective bargaining � Elimination of all forms of forced and compulsory labour � Effective abolition of child labour � Elimination of discrimination in respect of employment and occupation Environment � Support a precautionary approach to environmental challenges � Undertake initiatives to promote greater environmental responsibility � Encourage the development and diffusion of environmentally friendly technologies As a corporate partner, Novartis is asked to make a clear statement of support for the Compact and to post an example of progress made or lessons learned in implementing the principles on the UN Global Compact website at least once a year. We are also asked to engage in or support partnerships with UN organizations by undertaking activities that implement the principles of the Compact, such as eradication of poverty. - 1 - Aman Mutneja ...read more.

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