Pfizer Organizational Anaylsis

Running head : PFIZER ORGANIZATION Pfizer Organization

Final Plan

Executive Summary

Purpose of the plan : To propose opportunities for Pfizer Inc . to execute a wide-range of strategic changes to transform all areas of its business , grow current and new medicines , and to drive productivity improvements

Pfizer Inc , founded in 1849 , is a corporation dedicated to better health and greater access to health care for people and their animals Headquartered in New York , Pfizer is the world 's largest research-based pharmaceutical company . Everyday approximately 98 ,000 employees in more that 150

countries work to discover , develop , manufacture and deliver quality , safe and effective prescription medicines to the masses Pfizer has a broad portfolio , with strengths in the areas of cardiovascular disease , central nervous system diss , inflammatory disease , metabolic diss , infectious diseases and oncology

This business plan represents a comprehensive internal strategy to assist in addressing the areas of opportunity currently not being explored in to improve internal business operations . This strategy depends on cooperation from all departments within Pfizer 's organizational structure . The five essential components of this plan are organizational structure , financial strategies , operational framework , vertical integration and diversification . In these five areas , 15 recommendations and supporting action step are proposed for implementation over the course of this long-term plan . In summary form these recommendations are as follows

Implementation of management maintenance through regularly schedule meetings to eliminate bottle-necking of information within the current matrix structure , clear definition of goals and expectations through management , and additional management training to increase leadership abilities

Examine and establish new billing processes to improve effective cash flow management , establish a dividend reinvestment plan , and realignment of their compensation practices

Strategically partner with leading companies to increase brand awareness and market share through the Internet , accelerate and refocus its pipeline and exploit new opportunities for global growth , and develop a public policy for the regulation and use of its products

Downsize departments where technology can perform the duties , invest in technological advances that determine market trends so development of new products can be proactively pursued , and enhancing the implementation process to allow more products to be developed at a faster rate

Diversify product line by entering untapped treatment areas , create multiple avenues for growth by offering these new medications , and increase the effectiveness of advertising and extend patent expirations

The next step is to develop a detailed implementation plan setting priorities , then assessing the potential alignment of proposed action steps with the interests of all involved , adopting short and long term time lines , and formulating feasible approaches for evaluation

Organizational Pro

Pfizer Company

Organizational Structure

Prior to a corporate wide restructuring effort , the Pfizer Corporation operated with a divisional structure . This divisional organization prevented realization of full organizational efficiency and effectiveness . Although this organizational structure provides for defined accountabilities , creation of professional development opportunities , and cultivates the process for local performance management , the divisional structure can create extreme inter-organizational competition , while requiring a duplication of functional specialists and inter-division personnel throughout each divisional area (Iqbal...