Business
Novartis International AG
Novartis is a multinational company that provides healthcare solutions by specializing in research, marketing, manufacturing and development. The company’s portfolio include medicine, eye care, preventive vaccines, diagnostic tool and many others. Novartis was formed in 1996 and since then the company has excelled in providing healthcare solutions to people I different countries. Last year the company made about $60 billion in net sales. The company is located in over 100 countries all over the world ad this explains their high net income. The headquarters is located in Basel, Switzerland. The company has infrastructure in all the countries it is located. The organizational structure of Novartis has the chairman of the board of directors and under him is the CEO and other executives. The organizational style used in Novartis is known as Matrix organizational structure, this is also used by many multinational organizations.
Novartis believes in a strong company culture as the foundation of their success. The company culture allows the employees to show creativity, dedication and high performance to reach their objectives. Novartis also uses innovation in its business to provide the best healthcare solutions to people all over the world. Novartis also encourages leadership standards by urging their employees to drive for superior results, show analytical thinking, continues improvement and energy. The company also gives rewards programs to its employees to show that their hard work is appreciated and to encourage them to challenge themselves to gain superior results for the company.
The mission statement for Novartis reads “to improve patients' lives by providing customers with innovative science and differentiated healthcare solutions delivered by diverse and engaged talent with integrity, passion and focus on performance” (Novartis.com). The mission statement of the company focuses on using innovation to improve the lives of the patients. The mission statement also show that the company embraces diversity, passion and performance as a way to uphold their high standards. The vision statement of Novartis reads “Novartis is committed to timely delivery of any job contracted, with the numerous specialized engineers that carry out the job using the most unique and current technology available” (Novartis.com). The company is focuses on timely deliveries and efficiency using the most unique technology available. The vision of Novartis shows that the company will continue to contract jobs and provide healthcare solutions to other companies that need it. Novartis aims to be the best in the market of providing healthcare solutions. Novartis is ensuring this by expanding to many countries and becoming a global healthcare solutions company. Novartis also gives the employees the benefit of allowing them to grow in the company through benefits and compensations for their performances and hard work. This helps as motivation for the employees and also encourages them to their best every day.
Works Cited
"Company Mission." Company Mission. Web. 1 Dec. 2014. <http://www.pharma.us.novartis.com/info/careers/company-mission.jsp>.
"Company History." Company History. Web. 1 Dec. 2014. <http://www.novartis.com/about-novartis/company-history/>.
"Corporate Publications." Corporate Publications. Web. 1 Dec. 2014. <http://www.novartis.com/newsroom/corporate-publications/download.shtml>.
"Novartis AG (NOVN.VX) Company Profile | Reuters.com." Reuters. Thomson Reuters. Web. 1 Dec. 2014. <http://www.reuters.com/finance/stocks/companyProfile?symbol=NOVN.VX>.
