[Audio] Brittany D. Richard MGT/ 526: Managing In A Changing Environment Professor : Leon Daniel Jr..
[Audio] In 1886, three brothers – Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson – founded Johnson & Johnson, in New Brunswick, New Jersey in the United States. It's said that the Johnson brothers were inspired to start the business in order to create a line of ready-to-use surgical dressings, after hearing a speech by antiseptic advocate Joseph Lister in 1885. Robert Wood Johnson served as the first president – the company became incorporated in 1887 and throughout the nineteenth century, Robert worked to improve sanitation practices. It was in 1961 that Belgium's Janssen Pharmaceutica N.V. joined the J&J Family of Companies. Its founder, Dr Paul Janssen, is recognized as one of the most innovative and prolific pharmaceutical researchers of the 20th century. Today, Janssen is one of the world's leading research-based pharma companies and markets prescription medicines in the areas of gastroenterology, women's health, mental health, neurology and HIV/AIDS, to name a few. https://pharmaphorum.com/views-analysis-sales-marketing/a-history-of-johnson-johnson/.
[Audio] Before COVID- 19, the most severe pandemic in recent history was the 1918 influenza virus, often called "the Spanish Flu." The virus infected roughly 500 million people—one-third of the world's population—and caused 50 million deaths worldwide (double the number of deaths in World War I). The epidemic mask was made of several layers of sterile gauze (another Johnson & Johnson invention) to block germs and prevent the transmission of the influenza virus. The masks were later used in other outbreaks of pneumonia, scarlet fever, measles, whooping cough, diphtheria, meningitis and tuberculosis. https://www.jnj.com/our-heritage/how-johnson-johnson-has-helped-improve-public-health-during-outbreaks.
[Audio] Johnson & Johnson has 134,500 employees. 42% of Johnson & Johnson employees are women, while 58% are men. The most common ethnicity at Johnson & Johnson is White ( 54%), followed by Hispanic or Latino ( 16%) and Asian ( 15%). 16% of Johnson & Johnson employees are Hispanic or Latino. 15% of Johnson & Johnson employees are Asian. On average, employees at Johnson & Johnson stay with the company for 5.0 years. https://www.zippia.com/johnson-johnson-careers- 6372/demographics/?src=sp-popout-timed.
[Audio] Johnson & Johnson, through its Family of Companies ("the Company"), is the largest and most diversified healthcare company in the world. Our operating companies employ approximately 144,300 employees in virtually all countries of the world, who are engaged in the research and development, manufacture and sale of a broad range of products in the healthcare field. We work with more than 45,300 suppliers and hundreds of external manufacturers to support the development and manufacturing of our products worldwide. The Company's product portfolio includes thousands of Pharmaceutical, MedTech and Consumer Health products that address the health and wellness needs of people every day. https://healthforhumanityreport.jnj.com/about-johnson-johnson.
[Audio] The current leadership style at Johnson and Johnson is democratic. Employees are encouraged to share their ideas, and input is valued. The company also has a flat organizational structure, meaning there is less hierarchy and more collaboration opportunities ( Johnson & Johnson, 2022). Leadership styles can vary greatly and be effective in different ways depending on the company, the industry, and other factors. However, Johnson and Johnson's current leadership style appears effective. The company has recently been successful, posting strong financial results and winning multiple awards (Johnson & Johnson, 2022). Additionally, Johnson and Johnson's employees have consistently ranked it as a great workplace, indicating that employees are happy with the company's leadership ( Wen et al., 2019). There is no guarantee that an alternative style would be more impactful. Gopalratnam, M. (2022). The Decline of Conglomerates: Case Studies on GE, Johnson and Johnson and Toshiba. IUP Journal of Business Strategy, 19( 1). Fruechte, M. (2019). Requirements of an Effective Leader. Leadership As We Know It, 51..
[Audio] Leadership Model Changes Johnson and Johnson should encourage a more collaborative and open leadership style. This could help to improve communication and allow for better decision-making. The company should encourage leaders to focus on developing their team members. This could help to create a more engaged and motivated workforce. Wen, T. B., Ho, T. C., Kelana, B. W. Y., Othman, R., & Syed, O. R. ( 2019). Leadership styles in influencing employees' job performances. International Journal of Academic Research in Business and Social Sciences, 9( 9), 55– 65.
[Audio] Leadership Model Changes Johnson and Johnson should encourage a more collaborative and open leadership style. This could help to improve communication and allow for better decision-making. The company should encourage leaders to focus on developing their team members. This could help to create a more engaged and motivated workforce. Wen, T. B., Ho, T. C., Kelana, B. W. Y., Othman, R., & Syed, O. R. ( 2019). Leadership styles in influencing employees' job performances. International Journal of Academic Research in Business and Social Sciences, 9( 9), 55– 65.
[Audio] Aligning Operational Needs with Business Strategy The company should: Conduct a comprehensive review of the company's operations. Identify areas where operational improvements could support the business strategy. Develop action plans to implement changes in operations. Monitor progress and results to ensure operational changes have the desired effect. The company should ensure the necessary resources to support its growth plans. The company should design efficient and effective processes to meet customer demand. The company should invest in technology and data analytics to improve decision-making. Wen, T. B., Ho, T. C., Kelana, B. W. Y., Othman, R., & Syed, O. R. ( 2019). Leadership styles in influencing employees' job performances. International Journal of Academic Research in Business and Social Sciences, 9( 9), 55– 65..
[Audio] Aligning Operational Needs with Business Strategy The company should: Conduct a comprehensive review of the company's operations. Identify areas where operational improvements could support the business strategy. Develop action plans to implement changes in operations. Monitor progress and results to ensure operational changes have the desired effect. The company should ensure the necessary resources to support its growth plans. The company should design efficient and effective processes to meet customer demand. The company should invest in technology and data analytics to improve decision-making. Wen, T. B., Ho, T. C., Kelana, B. W. Y., Othman, R., & Syed, O. R. ( 2019). Leadership styles in influencing employees' job performances. International Journal of Academic Research in Business and Social Sciences, 9( 9), 55– 65..
[Audio] Aligning Operational Needs with Business Strategy The company should: Conduct a comprehensive review of the company's operations. Identify areas where operational improvements could support the business strategy. Develop action plans to implement changes in operations. Monitor progress and results to ensure operational changes have the desired effect. The company should ensure the necessary resources to support its growth plans. The company should design efficient and effective processes to meet customer demand. The company should invest in technology and data analytics to improve decision-making. Wen, T. B., Ho, T. C., Kelana, B. W. Y., Othman, R., & Syed, O. R. ( 2019). Leadership styles in influencing employees' job performances. International Journal of Academic Research in Business and Social Sciences, 9( 9), 55– 65..
[Audio] Aligning Operational Needs with Business Strategy The company should: Conduct a comprehensive review of the company's operations. Identify areas where operational improvements could support the business strategy. Develop action plans to implement changes in operations. Monitor progress and results to ensure operational changes have the desired effect. The company should ensure the necessary resources to support its growth plans. The company should design efficient and effective processes to meet customer demand. The company should invest in technology and data analytics to improve decision-making. Wen, T. B., Ho, T. C., Kelana, B. W. Y., Othman, R., & Syed, O. R. ( 2019). Leadership styles in influencing employees' job performances. International Journal of Academic Research in Business and Social Sciences, 9( 9), 55– 65..