Preview

Pfizer Case Study: A New Kind of Structure

Powerful Essays
Open Document
Open Document
2792 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pfizer Case Study: A New Kind of Structure
Date: 09 July 2013 Prof. Dr. Abbas Ali Khan Ahsanullah University of Science and Technology School of Business (MBA Program) Dhaka-1208 Subject: Submitting the Case Study 'A New Kind of Structure'. Dear Sir It is our pleasure to inform you that we are submitting our case study analysis. We studied sincerely and enjoyed lot to complete this case study and doing such work always gives us the opportunity to expand our knowledge. We are confident to say that there was no room for negligence of our sincerity. We tried to do the best on our part and all of the team members equally participated to solve the case study. If you feel to have any additional information regarding this assignment, please notice us; you will always find us ready at your nearest distance. We, hereby, are apprehensively looking forward to your remark on the process, outcomes regarding this case study. Yours Truly,

_______________________

Table of Content
Sl.
01 02 03 04 05 Name of the Topic History of the Company Summary of the Case Question and Answer Conclusion References Page No 04-­‐06 07 08-­‐11 12 13

Remarks

Page

2

A New Kind of Structure

Pfizer History: Pfizer is name after GermanAmerican cousins Carles Pfizer and Charles Erhart (originally from Ludwigsburg, Germany) who launched a chemicals business, Charles Pfizer and Company, from a building at the intersection of Harrison Avenue and Bartlett Street in Williamsburg, Brooklyn in 1849. There they produced an antiparasitic called santonin. This was an immediate success, although it was the production of citric acid that really kickstarted Pfizer's growth in the 1880s. Pfizer continued to buy property to expand its lab and factory on the block bounded by Bartlett Street; Harrison Avenue; Gerry Street; and Flushing Avenue. Pfizer established its



References: 1. Six Organizational Design Elements (http://www.hrtutorials.com) 2. http://www.pfizer.com 3. http://en.wikipedia.org/wiki/Pfizer 4. Text book: Principles of Management - S.P. Robbins - Mary Coulter - Neharika Vohra Page 12   A New Kind of Structure

You May Also Find These Documents Helpful

  • Good Essays

    The organizational design depends on the objectives and strategy of the organization. In a centralized structure the top layer of management has most of the decision- making power and has tight control over departments and divisions. In a decentralized structure the decision making power is distributed and the departments and divisions may have a different degree of independence (BusinessDictionary, 2013). In an organization there should be a common vision and set of values. Employees should be striving to for fill the organization’s vision (Liebler, 2013). The organization has policies and procedures in place to for fill the organization…

    • 825 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Hnc Forms of Construction

    • 3301 Words
    • 14 Pages

    Contents 1.0 Introduction 2.0 Methodology 3.0 Inception 4.0 Feasibility 4.1 Overview of stage 4.2 Assessing the feasibility 4.3 Site investigation 4.4 Effects on design 5.0 Then brief 5.1 Overview of stage 5.2 What the brief should cover 5.3 What the brief should include 5.4 Consultants at this stage 6.0 The concept/outline proposals 6.1 Overview of stage 6.2 Requirements to proceed with concept design 6.3 Developing the brief into concept design 6.4 Planning permission 6.5 Building regulations approval 6.6 Achieved at this point 7.0 The design development 7.1 Overview of stage 7.2 Developing the design 7.3 Finalisation of design 7.4 Planning proposal 7.5 Building regulations 7.6 Sampling and testing 7.7 Health and Safety 7.8 Achieved at this stage 8.0 Technical design 8.1 Overview of stage 8.2 Implications on design 9.0 Production phase 9.1 Overview of stage 9.2 Design implications 10 Other construction projects…

    • 3301 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Mission & Products: Pfizer’s mission is to help increase peoples’ life spans and help them live healthier lives. Its products help treat and prevent minor conditions like back pain and more serious ones such as psychotic disorders.…

    • 3675 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Integrative Case Study Ii

    • 845 Words
    • 4 Pages

    References: Daft, R. L. (2010). Chapter 1: Organizations and Organization Theory. In M. Acuna & E. Guendelsberger (Eds.), Organization Theory and Design (pp. 2-55). Mason, OH: South-Western.…

    • 845 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    One way to provide employees with a clear understanding of what is expected of them is through the creation of written policies and procedures contained in an employment handbook. An employment handbook provides employers with a mechanism for communicating their expectations, and for setting codes of conduct in the workplace.…

    • 2399 Words
    • 10 Pages
    Satisfactory Essays
  • Good Essays

    Pfizer - Financial Analysis

    • 2555 Words
    • 11 Pages

    Pfizer (NYSE: PFE) is involved in the development, manufacturing and marketing of pharmaceutical products. The industry is intensely competitive. There are a few unique characteristics. Pharmaceutical products have long and expensive development periods – upwards of ten years and $100 million depending on the nature of the drug and the scope of the clinical trials process. In order to encourage companies to engage in innovation, companies are given lengthy patent protection for their drugs upon receiving regulatory approval. This allows them to charge monopoly rents so that they may recover the development cost. A product brought to market is often highly lucrative, so success in the industry depends largely on the firm’s ability to bring product to market and capitalize on the monopoly rents.…

    • 2555 Words
    • 11 Pages
    Good Essays
  • Better Essays

    The Pin Factory

    • 1119 Words
    • 5 Pages

    Cited: Jones, G. R., Mills, A. J., Weatherbee, T. G., & Mills, J. H. (2006). Organizations and Organizational Effectiveness. Organizational Theory, Design, and Change (ch. 1-4). Toronto: Pearson Education Canada.…

    • 1119 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Organizational and management analysis is an integral part of any organization that desires to be successful. In the world we live in today and its environment, teamwork, delegation, information technology has a lasting impact on any organizations core and character. This type of characteristic lends to an organization’s cost reduction, waste reduction, employees satisfaction as well as the overall efficiency of the company. To possess the ability to have an organizational and management analysis and review with departmental managers, senior executives are necessary. This lends to a multi-dimensional examination and gives a detailed insight of how the organizations actually functions and were it needs to be restructured if necessary, (Jones, 2006). Understanding and identifying the various styles of organizational theories can aid any organization in preparing for its future success. For managers, it is imperative that they have the capability to adapt their managerial styles in order to push through and keep the success of the organization intact. This paper is designed to give a description of the different styles of organizational theories; a comparison of management styles and theories and which style currently describes the writer’s present organization theory and management style.…

    • 1547 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Jones, G. R. (2010). Organizational theory, design, and change. (6th ed.) Upper Saddle River, NJ: Pearson/Prentice Hall.…

    • 672 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    organizational structure

    • 715 Words
    • 3 Pages

    Read Hax and Majluf ' 's 1981 article, "Organizational Design: A Survey and an Approach."…

    • 715 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Pfizer Industry Review

    • 4325 Words
    • 18 Pages

    Pfizer. (2008a). A pioneering spirit on the frontiers of medicine. Retrieved March 19, 2008, from: http://www.pfizer.com/about/history/timeline.jsphttp://www.pfizer.com/about/history/timeline.jsp.…

    • 4325 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Long Term Care

    • 39594 Words
    • 159 Pages

    Leatt, P.; Shortell S.M.; & Kimberly J.R. (1997). Organization Design, In Essential of Health Care Management, Delmar, New York, pages 256-285.…

    • 39594 Words
    • 159 Pages
    Powerful Essays
  • Powerful Essays

    References: Mejia-Gomez, R.L & Balkin, B. D. (2002). Managing the Structure and Design of Organizations. The McGraw-Hill Companies…

    • 2032 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Organizational design and structure allow a company to organize itself into different divisions that make work and labor occur more efficiently. Departmentalization is a method of subdividing work into separate organizational units that perform particular tasks. Pfizer uses product departmentalization in order to organize the company into separate units that produce particular products or services. Pfizer manages its operations through five divisions: Primary Care, Specialty Care and Oncology, Established Products and Emerging Markets, Animal Health and Consumer Healthcare, and Nutrition (Reuters, 2012).…

    • 808 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Pfizer Case Study

    • 1500 Words
    • 6 Pages

    Pfizer is the world’s largest research-based pharmaceuticals firm and also a well known Pharmaceutical company. So their most of the work depends on research, developing Strategies and innovate. They were trying to find a new way of system which makes their Work more effective and efficient. Pfizer find out that their worker spends more time on Business research and data analysis to the creation of documents and other routine Support like Goggling and making power points and also spending so much time on Menial tasks rather than knowledge work. The average Pfizer employee was spending 20 Percent to 40 percent of his or her time on supporting work (creating documents, typing Notes, doing research, manipulating data, scheduling meetings) and only 60 percent to 80 Percent on knowledge work (strategy, innovation, networking, collaborating, critical Thinking. That’s why Pfizer starting to find a solution of this problem to increase their Efficiency and effectiveness. Pfizer build a new kind of structure by using Microsoft Outlook where their connecting to a outsourcing company where Pfizer can connect with Different worker by email where they can connect with any worker around world and get Cost specification for their requested work. By using this process the time spent on Analysis of data has been reduce, also have many financial benefits and employees also get rid of their boring work.…

    • 1500 Words
    • 6 Pages
    Powerful Essays