Johnson & Johnson's evolution as a global pharmaceutical and healthcare company
Johnson & Johnson has been successful in introducing new and unique products to its consumers throughout the century. One of such famous product is Band-Aid Brand Adhesive Bandages that was invented in 1921 by Johnson & Johnson's employee Earle Dickson. This gave Johnson & Johnson the opportunity of introducing the first commercial dressings of small wounds that consumers could use themselves.
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Johnson and Johnson
Johnson & Johnson (J&J)
Johnson & Johnson (J&J) is the eighth largest pharmaceutical company, sixth largest consumer health care company and the largest seller of medical devices across the globe. It has provided a period of care to its consumers for more than 120 years (1886-2012) and therefore it is a brand that is very famous and well recognized by people in all parts of the world. Johnson & Johnson was started by three brothers which turned out to be consumer's favorite brand due to its thousands of healthcare products including Tylenol, Acuvue contact lenses, Baby Powder and Band-Aids. Johnson & Johnson ranked number 4 in 2009 Fortune Magazine in the list of Most Admired Companies (Fortune Magazine). This is due to its excellent corporate governance and corporate social responsibility (Akerstrom 2).
Company Information
Today Johnson & Johnson has over 260 operating companies that are located in more than 60 different countries having around 128000 people across the globe. This family of companies is organized into a variety of business segments that comprise of franchises and therapeutic categories. The company is run by 13 Board of members. Alex Gorsky is the Chairman, Board of Directors and Chief Executive Officer. Mary Sue Coleman is the President and Ian E.L. Davis is the senior advisor of the company.
History
Johnson & Johnson was founded by three brothers Wood Johnson, James Wood Johnson and Edward Mead Johnson in 1886 in New Brunswick, New Jersey, U.S. Frederick Barnett Kilmer was the first scientific director of the company and he consulted and collaborated with the people of the society to explore their needs. He was with the company from beginning till 1934 and he was always engaged in dialogues with the consumers, patients, doctors and health care professionals through personal meetings and letters to find out the needs of the community. With the passage of time, company introduced several products keeping in mind the needs and wants of the community which made Johnson & Johnson consumer's favorite brand.
Medical devices and Diagnostic Products
Johnson & Johnson has also been successful in manufacturing medical devices and diagnostic products. These include products that are used by health care professionals in the following fields:
1. Orthopedics
2. Neurological disease
3. Vision care
4. Diabetes care
5. Infection prevention
6. Diagnostics
7. Cardiovascular disease
8. Aesthetics
9. General Surgery
10. Insulin Delivery
11. Bariatric Surgery for Obesity
12. Urologic Surgery
13. Hernia Surgery
14. Surgical Instruments and Infection Prevention
15. Self-Measured Blood Glucose Monitors
ArcelorMittal - Saudi Arabia
Introduction
ArcelorMittal is the leading steel and mining company of the world. It operates in more than 60 countries across the globe and has industrial presence in over 22 countries of four different continents. More than 9000 employees work world wide and it has also started developing its first Greenfield in Saudi Arabia.
The Tubular Products Division of ArcelorMittal located in Jubail, Saudi Arabia is the most diversified and largest producer of pipe and tube products in the world. It serves markets of the world from 24 places located in 13 different countries across the globe.
Company Information and History
ArcelorMittal Jubail is an important project in the division of Tubular Products started in 2011 (OECD 604). Indeed it is the largest mill in the Saudi Arabia and provides privileged access to the Middle East market. Sustainability, Quality and Leadership are its core values and it promises to operate in a responsible way taking caring of safety and health of its employees, its stake holders and communities in which it performs its operations. ArcelorMittal also makes the commitment of working along taking proper care of the environment and the natural finite resources.
It has been a successful organization which has taken a leading role in making a breakthrough in the steel making technologies. It is constantly working on research and development of steel-based technologies and looking for solution that helps fighting the climatic changes.
ArcemlorMittal has its set standards and in order to ensure that it meets its standards; it is governed by the board of directors, managed by the management board and assisted by the management committee. The company has 11 Boards of directors that play an important role in giving the strategic direction to the business and hiring the senior management members. The Boards of directors also hire the GMB (Group Management Board) which is directed by chief executive Lakshmi N. Mittal. The management committee consists of senior managers that have the responsibility of the different business divisions and functions.
Products
ArcelorMittal plays a role of a leader in all emerging and mature steel markets that include construction, automotive, packaging and household appliances, captive supplies of raw materials and wide distribution networks provided to the customers.
The Tubular products division of the company located in Saudi Arabia manufactures and markets the full range of tubing products in various sizes. Along with the spiral welded, longitudinal welded and seamless products of small and large diameters, the company is also making products for the Mechanical, Automotive and Energy markets. The Tubular Products Division has the capacity of manufacturing 3 million tone steel pipes and tubes annually.
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- Akerstrom, Anders. Corporate Governance and Social Responsibility. Johnson & Johnson.
- Seminar Paper. 2009: 2
- Fortune Magazine. World’s most admired companies. March 22, 2010. Retrieved from
- http://money.cnn.com/magazines/fortune/bestcompanies/2009/index.html ↗
- OECD. Development in Steelmaking Capacity of Non-OECD Economies in 2010. OECD
- Publishing. 2011:604 – 605.
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