Johnson And Johnson: An Overview Of Johnson & Johnson

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EXECUTIVE SUMMARY Johnson & Johnson (J&J) is the world's largest seller of healthcare products and is also the eighth largest pharmaceutical company. The company is mainly engaged in the research, manufacture and sale of consumer health care products, pharmaceuticals, and medical devices through its 265 operating companies across the world. It is headquartered in New Brunswick, NJ, USA and employs about 129,000 people in the 57 countries that it operates in. The company recorded revenues of $74.3 billion in FY ending December 2014, an increase of 4.2% over FY 2013. The operating profit of the company was approximately $21 billion in FY 2014, an increase of 14.1% over FY2013. The net profit was $ 16,323 million in FY2014, an increase of 18%…show more content…
They believe that people who work in health care are responsible for the well-being of all others. This serves as the focus of J&J’s global business activities. Their products ranging from baby care, pharmaceuticals, products for quitting smoking, antiseptics, vaccines and a variety of medical devices touch the lives of over one fifth of humanity. This huge responsibility is the key driving factor for their strong value system. J&J’s credo obligates them to accord top priority to the needs of the people they are working for. The credo is applicable for all business units and represents the standards that all employees at J&J have to observe throughout the world. The focus of their corporate philosophy has been translated into a caring statement, ‘Caring for the world, one person at a time.’ Johnson & Johnson alongwith its family of companies delivers on its promise of comprehensive care with its diversified product portfolio for people through all the key phases of life. This philosophy inspires and unites the employees of J&J. They embrace research in science through innovative ideas, products and services. They work with partners and stakeholders in health care sector to touch the lives of over a billion people daily, throughout the

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