Case Study Of The Pharmaceutical Industry

1162 Words5 Pages
Problem Statement To develop an International mobility process that allows the firm to align its business and strategic needs with the necessities of employee. External Analysis Political  Increasing government regulations in Pharmaceutical industry  Increased environment regulations especially for European firms in chemical industry Economic  Economic cycles fluctuation effected sales  Increasing energy prices forced firms for bulk purchases to attain operational efficiency  Government pricing control restrictions and purchasing requirements restrictions by MCOs Social  Stigma associated with certain countries like Korea, language barriers affected employees willingness to move on to that country Technological  Research and Development costs increased (27 bestselling drugs patents to expire by 2007) Legal …show more content…
A lot of things get affected like, they suffer in terms of their kids ‘schooling, health issues, job for spouse, etc. According to Maslow’s Hierarchy theory, family plays a significant role to keep the employee motivated. This is one of the major reasons for the employees’ unwillingness to relocate to other countries. Cultural differences: Culture Differences across countries challenges the initial adjustment of employees with the culture. This makes them develop both on the professional and personal level; however, it makes it difficult for the families to adjust to the changing environment. The company encourages multiculturalism as it enables large exploration of ideas Transparency of the process: The system doesn’t provide the clear information. Also, there was a delay in paper works. The employees have doubts about policies concerning interests of their families; pay package calculation, remuneration, visa and work permit etc. This is also one of the reasons that has led to unwillingness for mobility. Promotion
Open Document