The Case Of Pfizer 's Palace Coup

The coercive style can be summed up in three words: "Just do it!" While this approach has its uses, research has repeatedly shown that the coercive style is best used as part of a balanced blend of at least five other leadership styles: "visionary" or "authoritative," "affiliative," "democratic," "pacesetting" and

Angiomax is considered as a potential substitute for heparin. It has 3 major advantages when compared with Heparin. First, the effects of Angiomax are more accurate and more predictable. Second, it works better among patients at risk for bleeding, where heparin often proves problematic. Third, the product works faster than heparin and patients do not need to wait for 2 – 3 hours to identify the results. The major disadvantage of Angiomax is its high production cost against Heparin. As Heparin has a very long history dated back in 1916, the price is only $2 per unit while the production cost of Angiomax takes nearly $40 per unit.

Grojean, Resick & Diskson (2004) suggest that leaders are responsible for facilitating their follower’s to become capable and guide them to improving their capabilities and strengths. Differentiating between different leadership styles can be done in a number of ways. It was determined that the traditional styles of leaders include authoritian (autocratic), democratic, permissive (laissez-faire) and bureaucratic (Viinamäki, 2009).

Our societies, countries and the world at large are not enjoying the best of leaders and leadership today because bad leadership style such as authoritarian leadership style. In this type of leadership styles, citizen especially in the under developed and developing countries such as in leader and a where the leader believes that all power resides in him, an donly him has the power to make decision and exercise control, reward and publish instead of a democratic management style. Such organisations or countries is always a failure.

Leadership styles have significant effects on organizations. For instance, it influences organizational culture and determines how leaders address conflict. Ultimately, it impacts organizational performance. Consequently, leaders must adapt their approach to achieve the desired outcome. Therefore, it is imperative leaders understand and can implement a variety of leadership styles. This essay will describe how an autocratic and participative leader’s style impacts organizational culture, summarize the strengths and weaknesses of each style, and explain how each leader would successfully resolve conflict.

Ghillyer (2014), explains that how organizations are operated and controlled as corporate governance. Pharmaceutical companies have been the focus of questionable conduct in regards to corporate governance for years. Unlawful promotions and marketing of drugs as well as failure to properly and accurately report safety date led to several off-label lawsuits (Ghillyer, 2014).

With that in mind, leadership theory has identified four management styles--authoritarian, democratic, participatory, and laissez-faire. There is inherently nothing wrong with any of them; all have their place at any given time. But it's the communication aspect that is important when implementing any given method of leadership that makes an organization rise or fall, and determines if respect is retained or lost within the group. Stated another way, the problem does not lie in the styles themselves, but rather in the presentation.

Value: Angiomax is a blood-thinning drug, or anticoagulant, used in emergency coronary heart care. Angiomax is positioned as an alternative to heparin, the most commonly used anticoagulant in emergency coronary heart care, so to assess Angiomax value to a hospital is required to compare these two drugs.

According to Frates (2014), Mr. Edwards understood that the physicians played a critical role in the organization and could possibly assist in the plan to control the hospitals cost. However, allowing the new COO to terminate the employment of Dr. Harris (hospitals radiologist) without calling on the physicians to analyze the problems and perhaps recommend any solutions that would be beneficial in cutting cost and did not show good leadership power (Frates, 2014). As evidenced within this study, the way that leaders and individuals in positions of responsibility handle themselves in turbulent times is crucial to any organization and leaders must understand how to use power judiciously when making decisions that would determine the organizations success (Frates,

Within two years, DecisionTech, Inc. had built a reputation as the top technology company in the country. They had a strong business plan that would lead them into the next stages of new technology and investors were lining up to get a piece. Furthermore, they had young qualified engineers submitting resume’s regularly in hopes of employment. However, after a while, their executive team developed internal conflict and was unable to lead this bright and promising company to the next stage. Word of these actions had circulated and the company had now become known for having personal political agendas and backstabbing; therefore, the Chairman of the board demanded change.

Leadership can be defined as the ability to lead a group of people successfully in an organization. Hall, et al (2008) have mentioned that an effective leader has to be visionary, motivating and responsible in order to successfully run a business organization. In business the two key leadership styles, which are widely used in today’s corporate world are autocratic leadership and democratic leadership (Johnson, n.d.). Autocratic leadership may be explained as “a leadership style where the manager sets objectives, allocates tasks and insists on obedience” (Hall, et al 2008 p.g 401). Conversely, democratic leadership encourages “participation in decision making” (Hall, et al 2008 p.g 402). Whilst many people would consider autocratic

An effective leader influences their employees in a desired manner to achieve goals and objectives. Different leadership styles can affect an organization’s effectiveness and performance. The objective of this paper is to analyze the review of literature on various leadership styles over the past years and how effective and ineffective different leadership styles are in the workplace.

In summary of the Pfizer case study, the organization realized executives and key employees were spending 20-40% of their time on support work rather than knowledge work. In response, the company started a “magic button” process. When an employee would like to pass off the tasks that are monotonous or lack luster they can press the “magic button”. The tasks are assigned to individuals of an outside organization for completion. The result is an increase of employee productivity.

With the Shareholders in their contributions which generates efforts in the improvements in policies and also it discoveries new ideas of political doings and other areas in governance. In Pfizer each director which is yearly selected gives their ideas, experiences, professional skills, anything with value to the company. The board of directors composes of very important performance like discussions with leaders, also having communication with counselors for advises for matters of strategy or other things related to the business, supervision of roles for shareholder’s performances and things that affects them too, looking of financial functioning’s, looking at various agreements and also on public policies. The company’s may essential ambition is that the company should have it usual drill in the responsible of the business, also continue showing their investors and stakeholders the assurance to quality value for

Murphy (2005) maintains that leaders are accountable for helping their follower’s to become efficient and support them to develop their strengths and abilities. Distinguishing and categorising between different leadership styles can be done in several ways, (Gopee and Galloway, 2009). In this essay traditional classification of authoritian (autocratic), democratic, permissive (laissez-faire) and bureaucratic styles of leaders will be discussed.