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Novartis Pharmaceuticals – “A Sad Story of Unrealized Potential”
Pros
During my early tenure I worked with some of the most talented and innovated people in the pharma industry. Most of them left or were forced out of the company by incompetent management and went on to achieve highly successful careers with other companies. Unfortunately, while there are still a number of good people with the company, the ethos of the company has declined and with management focus on emerging growth markets (LatAm and Asia), employee morale is lower than low.
Cons
Incompetent front line managers who resort to favoritism and bullying to achieve results; incompetent mid-level managers whose actions are driven by pleasing an even more incompetent senior management team; Incompetent and arrogant global leadership who, lacking insight or knowledge of local market dynamics, rely on terror tactics and ivory tower consultant types to run the company.
Advice to Senior Management
Over reliance on "worker productivity" cannot compensate for corporate strategy driven by hubris and greed. Stop running the company like a bank that makes drugs, and start running the company like an entity that saves lives and improves quality of life. In short....try living the corporate mission and not just promoting it. Heck, just try reading the mission statement for a change.
by Beg to Differ: