Pfizer – “Need to retain key talents!”

Pros

Passionate to be a part of an organization that is making a major difference in providing drugs that help with patient's lives, health and well-being around the world.

Cons

The organization is too large and is finding a hard time with finding blockbuster drugs to compensate for the patent loses that have impacted the company's sales and led to initiatives that downsize, right-size, and/or outsource groups/functions to reduce costs globally. Unstable environment to work in with all of the mergers and consolidation.

Advice to Senior Management

Be able to minimize unnecessary costs by becoming Lean within the organization, increase revenue with new discoveries or acquisitions, and keep key individuals within the organization while trying to go through mergers and consolidations.