Johnson and Johnson organizational structure
Johnson and Johnson organization goal is to maintain a standard portfolio management, mainly focusing on the specific health care and therapeutic products. In order to achieve the organizational goal, the company follows the approach of decentralized management. The decentralized approach allows the employees to establish themselves in the company. Power and control are given to local leaders, who will be in a better position to design different products with help of research and development and meet the needs of a particular region. This approach allows the organizational head to look after major global decisions while catering to the specific needs region wise (Johnson & Johnson Strategic Framework | Johnson & Johnson, 2017).
Balancing globalization with local focus
Johnson and Johnson have a unique way of managing globalization keeping in mind of local focus with help of decentralized approach. Currently, it has sixty manufacturing facilities while it is serving around two hundred countries. The company looks at innovation as a mean of developing the product as well as a solution to a problem in healthcare. Innovation is the core component of their business, around a quarter of the revenue generated in past five years comes from launching innovative products in the market. While headquartered in U.S, fifty-five percent of business is carried outside the USA and hence the global presence of the company can be seen. The company believes in developing new products with help of new technology and business models to connect with lives of customers (Johnson & Johnson CEO William Weldon: Leadership in a Decentralized Company - [email protected], 2017).
Promote consisted ethical behavior
Promoting consistent ethical behavior across all the autonomous operating companies under Johnson and Johnson made possible with a firm vision and strong policies. The credo of the company is not just followed but is translated at every step towards achieving best practices for the company. At the base of best practices, the humanistic approach is followed, the focus is not diluted with the only return of investment but also with the return of relationship. This ensures and distinguishes the business identity of Johnson and Johnson and maintains the reputation of the company. As a result, the humanistic approach not only builds confidence in customers but also the employees of the company to maintain ethics (Practices, 2017).
Johnson & Johnson CEO William Weldon: Leadership in a Decentralized Company - [email protected] (2017). [email protected] Retrieved 4 July 2017, from https://knowledge.wharton.upenn.edu/article/johnson-johnson-ceo-william-weldon-leadership-in-a-decentralized-company/
Johnson & Johnson Strategic Framework | Johnson & Johnson. (2017). Jnj.com. Retrieved 4 July 2017, from https://www.jnj.com/strategic-framework
Practices, E. (2017). Ethical Business Practices | Johnson & Johnson. Retrieved 4 July 2017, from https://www.jnj.com/caring/citizenship-sustainability/practices/ethical-business-practices.