Preview

POM Pfizer Case Study

Satisfactory Essays
Open Document
Open Document
712 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
POM Pfizer Case Study
1- Describe and evaluate what Pfizer is doing with its Pfizer Works.

Pfizer is continually looking for ways to help employees be more efficient and effective. Pfizer helps his managers to spend more time on knowledge work when they really needed and less support work by shifting time consuming tasks with a press of a button. They are also happier because they spend time working on what they know and like to do. This strategy saved valuable employee time and for example, when he gave the Indian team a complex project researching strategic actions that worked when consolidating company facilities, the team put the report together in a month that would have taken six months to do.

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 Surfing and making PowerPoint 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 an 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

You May Also Find These Documents Helpful

  • Good Essays

    The main reason behind the development and implementation of a new system should be the value that it adds to the organization. No system, no matter how advanced or how many bells and whistles, is worth the cost in time and resources if it does not add value to the organization beyond the costs. For this reason, one business goal associated with this…

    • 688 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Their teams of employees are knowledgeable in marketing, publishing and media based platforms. XO Group has a duty to its corporate governing teams, its experts, editors and directors, and everyone else working within the company; in the U.S., Australia and China. To keep these highly skilled professionals and other hard-working personnel, the company has to treat them well. That is why, in 2012, there was an increase in operating expenses of 3.6% “primarily attributed to increased personnel and information technology costs to support our growth initiatives” (XO Group Inc., 2012). While spending more might not seem like the best idea for companies, it meant that XO Group was willing to highly regard the needs of their employees. It is important for companies to truly care for their employees. Having satisfied employees leads to an increase in production, enhanced employee morale and ultimately, an increase in profitability. Also, when workers are satisfied, they tend to become more knowledgeable, making them a more valuable asset to the…

    • 9124 Words
    • 37 Pages
    Powerful Essays
  • Good Essays

    “The thirty seven year wait is over, American Pharoah is finally the one, American Pharoah has won The Triple Crown!” The Triple Crown is one of the oldest and most historically valued sports events in America. The Triple Crown takes place as a series of three events including the Kentucky Derby, The Preakness, and the Belmont Stakes. If the same horse wins all three of the races, they are recognized as a triple crown winner. Out of the twelve winners all time, the most significant winner was Secretariat in 1973. He had the most convincing win by more than 20 lengths. Fans adored Secretariat so much that they made a movie about him. His races crown him as the best racehorse in history. The Triple Crown should clash with…

    • 814 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Riordan Information Systems

    • 3338 Words
    • 14 Pages

    Corporations can reduce staffing costs by automating repetitive tasks or using tools that create efficiency beyond human capabilities. The large number of applications deployed within corporations indicates the importance and success of business information systems to increase efficiency within a company. Almost all aspects of business today can benefit from the use of information systems.…

    • 3338 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Work-related project analysis is an investigation to help organizations make better choices about computer systems. The case study of Reliable Pharmaceutical Service is a delivery company who is looking to reduce costs while still providing a great customer experience. The service company analyzed the current situation by gathering information about clients. The project of implementing a new system was successful with satisfied management and a completed that met all the requirements and was within…

    • 1482 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Cost of Capital

    • 282 Words
    • 1 Page

    Emmitt states that while Pfizer goes through many financial challenges the number one challenge in regards to corporate finance for Pfizer is the business environment at Pfizer is constantly changing. While you may have enough capital to pay for debt at one time you may not in the next quarter because of the ever changing environment at Pfizer. Another challenge linked to the changing environment Emmitt states is what the optimal capital structure is for a company such as Pfizer. Cash or liquidity is the two big things Emmitt says to keep in mind when dealing with a risky business like pharmaceuticals. Pfizer is also no different than most companies as they are always trying to minimize tax cost.…

    • 282 Words
    • 1 Page
    Satisfactory Essays
  • Best Essays

    Once classified as bacteria in the domain prokaryotes that is until the analysis of archaea DNA showed that they are very much different from bacteria (Waggoner & Speer, 1994, para.1-2). Archaea are now known to have a different evolutionary history and may even be the closest living relatives to the first organisms on earth (Noel, n.d, para.3). Archaea are extremophiles meaning that they can exist under some of the harshest and most extreme conditions ranging from rift vents in deep sea with temperature over 100 degrees centigrade to extremely acidic or alkaline lakes to digestive track of animals (Waggoner & Speer, 1994, para.4). There are three main divisions of archaea the Crenarchaeota, Euryarchaeota and Koracrchaeota.…

    • 3542 Words
    • 15 Pages
    Best Essays
  • Satisfactory Essays

    Business 220

    • 460 Words
    • 2 Pages

    Scenario: Imagine you are an employee of Party Plates, a company that manufactures decorative paper plates and napkins for special events. Your team has been assigned a new project. The president of your company has tasked you with improving the efficiency of the current information systems used in the sales department, because the current systems are somewhat antiquated. Your organization is currently using Microsoft® Excel® to track all personnel data, but…

    • 460 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Like many, Pfizer organization has shown its willingness to champion a cause, even to the detriment of operations and performance.…

    • 1282 Words
    • 6 Pages
    Better Essays
  • Good Essays

    The advent of technology in the workplace has revolutionized the way the world does business. This is true with computers, which sets the stage for the technology globally. Global businesses can now be run by a single person, and a single computer can do the work of thousands. Large organizations have taken advantage of cutting-edge technology and developed powerful tools to help them harvest, analyze, and disseminate information, in order to make them more competitive. Human Resources, Marketing, and Accounting are just a few organizational departments running “smart” applications to run the business more smoothly.…

    • 720 Words
    • 3 Pages
    Good Essays
  • Good Essays

    There are a number of barriers to effective communication in health and social care. One of these is environment. If the environment gets in the way of effective communication, then the receiver may not understand the message that is being given to them. An example of environmental factors in a health and social setting would be a busy hospital being uncomfortably busy or loud. If a patient is in a busy ward and cannot relax due to excessive noise, phones ringing and people bustling in and out, they will not be able to relax or get any proper rest, which will affect their recovery.…

    • 1407 Words
    • 6 Pages
    Good Essays
  • Good Essays

    One of the newest technologies that was discussed was an interactive spreadsheet software-as-a-service provider called Spreadsheet.com. (Citrano, V., pp 14). It is explained as a way to share translation tasks across the world with one program, in which it uses columns for designated languages. This cleans up the translation confusion that comes along with the use of many different translators deciphering languages during the communication process. It was also explained to be beneficial through its design of including other key people during decision-making processes (Citrano, V., pp15). This is something that can allow a team that is collaborating together to feel that they are all part of important decisions within a company, in turn improving performance. The most beneficial aspect of this software is its ability to be used by more companies quicker due to its affordability. At a mere $25-$149 per month, it is accessible to even the smallest start-up companies.…

    • 537 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Different software such Microsoft office, Oracle and Cxair has created difference on how the data is being searched, filtered, stored and presented. Not only that, but it decrease the paperwork process and data became more easy to access. Moreover, information technology has improved the communication for example through the use of outlook at work. It help me speak to internal and external customers. Communication is essential at my job to ensure operation to work smoothly at all time. In addition, it helped to monitor budgets and produce management reports using spreadsheets and then e-mail them to relevant employees. To make it short, my daily routines are integrated with information technology. Though, my role require me to find ways to develop the software to use more efficiently depend on the work requirement. Therefore, I have continuously learn how to use new software and other technology to keep up to date with the latest…

    • 978 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Improving a company’s system helps aid in its success in today’s market as well as in the future of the company’s growth and stabilization. this new system that will enable the company to promptly accomplish these requirements without hesitation and will not interfere with the company’s time management protocols or add extra unneeded expenses.…

    • 753 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