gskmanagement-120421080717-phpapp01 (1).ppt
TRANSCRIPT
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AN ORGANIZATION STUDY
GLAXOSMITHKLINEPresented by:-
Mr. Mehsum Ali
Mr. Ali Ather Mohsin
Mr.Mohammad Arif
Mr. Taj-ud-din
Mr. Muhammad Ali Hashmi
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TOPICSTOCOVER
Introduction and Background
Vision and Mission
Product line
GSK Management Organizational Chart
Management Levels
SWOT Analysis
Porters Strategies
Questions and Answers
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INTRODUCTIONANDBACKGROUND
GlaxoSmithKline plc (LSE: GSK NYSE: GSK), often
abbreviated to GSK, is a global pharmaceutical,
biologics, vaccines and consumer healthcare
company headquartered in London, United
Kingdom. It is the world's Fourth largestpharmaceutical company measured by revenues
(after Johnson & Johnson, Pfizer & Roche.
GSKwas formed in 2000 by the merger of
GlaxoWellcome plc (formed from the acquisition ofWellcome plc by Glaxo plc), and SmithKline
Beecham plc (from the merger of Beecham plc, and
SmithKlineBeckman Corporation).
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VISIONANDMISSION
The opportun i ty to make a
di f ference to the l ives o f bi l l ions of
people.
GlaxoSmithKline has a challenging
and inspiring mission their mission is
to improve the quality of human life by
enabling people to do more, feel better
and live longer
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PRODUCTLINE
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GSK MANAGEMENT
The company is managed by the Board of Directors
and the Corporate Executive Team.
The Board is comprised of executive and non-
executive directors who are responsible for their
corporate governance and ultimately accountable
for their activities, strategy and performance.
The Chief Executive Officer (CEO) is responsible
for the management of the business and is assisted
by the Corporate Executive Team that managestheir activities. Each member is responsible for a
specific part of the business.
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ORGANIZATIONALCHARTBoard of Directors
Chairmain & CEO
Deput
chairman
ExecutiveDirectors
MarketingManagement
Dept.
StrategicManagement
Dept.
ProductManagement
Dept.
HumanResource
Dept.
Selection &Recruitment
Dept.
FinanceDepartment
Audit Dept.
QualityControle Dept.
Product LineQ.C. Dept
Product Q.C.Dept
SalesManagement
Dept.
National SalesDept.
ProviosionalSalels Dept.
Area SalesDept.
Trade Net Dept.
InternationalTrade Ins.
GeneralAdministration
Dept.
Planning &Finance
Dept.
Overseas &
DomesticBranch office
AdvisoryCommittee on
Administration
Development
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MANAGEMENT LEVELS
The management levels of GSK
are as follows:-
Executive-LevelDirector-Level
Manager-Level
Staff
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SWOT ANALYSIS
STRENGTHS
WEAKNESSES
OPPURTUNITIES
THREATS
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Strengths:
Strong Management Team
Large Market Share
Highest research Products in Pakistan
Wide range of Products
Weaknesses:
No online presence in Pakistan
Strong focus on UK market (losing
opportunities in Pakistan)
Less checking on the sales
representatives for their working in field
Opportunities:Emerging markets and expansion abroad
Have great chance to cash its brand
name in the field of surgical market
GSK can be able to cash its name in
baby foods
Threats:Lower cost competitors or imports like
Chinese and Indian medicines etc
Patent expiry on drugs that generate
strong income
Increasing cost of drug trials (research)
and ever higher standards imposed by
national drug approvals bodies.
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PORTERS STRATEGIES
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TO GROW A DIVERSIFIED GLOBAL BUSINESS.
DELIVER VALUE PRODUCTS
SIMPLIFYING THE OPERATING MODEL
CHALLENGING AND INSPIRING MISSION
LONG TERM INCENTIVE PLAN
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Increase growth in the pharmaceutical business in
its core market.
GSK is diversifying its business to bring balance in
product portfolio & go away from a reliance on
traditional markets.
GSK expects to generate future sales growth by
strengthening its core pharmaceutical business &
supplementing it with increased investment in
growth such as; vaccines, dermatology andconsumer health care.
Business expansion inn Japan
Build a leadership in dermatology.
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Focusing on the best science
Focus on research and development
Diversifying the level of externalization in research
to focus on disease area, where GSK believe the
prospects for successful registration and launch ofdifferentiated medicines.
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As GSK continue to change shape, so it is essential
that reduce the complexities in operating model,improve efficiencies and reduce cost.
Re-shape manufacturing
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GSK has a challenging vision and mission is to
improve the quality of human life by making peopleto do more, feel better and live longer.
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Long term incentive plan.
awards are made to executives under the
following long term incentive plan,
i) Deferred annual bonus planii) Performance share plan
Explanation: Deferred Annual bonus plan:
The deferred annual bonus planencourages long term shareholding, discourages
excessive risk taking and help focus on GSKS
key strategic priorities.
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Performance share : the performance share plan
ensure focus on the delivery of GSKS strategic
priorities and long term share holders returns
relative to other pharmaceutical companies.
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Meeting with DR. AHMED FARHAN
Questionnaire MANAGER AND STAFF
Interview DR. AHMED FARHAN
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GSK annual report 2011.
www.gsk.com
Term report of GSK
Wikipedia,2011
http://www.gsk.com/http://www.gsk.com/