What happens when great innovation and corporate responsibility come together? Johnson and Johnson happens. J&J has been a benchmark for both innovation and customer relations their entire history, which has been a long one. From the original Band-Aid, to Tylenol, to the famous Johnson’s Baby Shampoo, J&J has created numerous highly successful brands. They control over 275 subsidiaries in over 60 countries giving them a huge global presence. By examining its history, ethical investigations, and organizational analysis, I will paint a clear picture for which J&J stands.
J&J is best summed up by the words in their credo. To be concise, I will summarize the credo instead of stating it in its entirety. They rank their responsibilities by the importance they place on them. These responsibilities are as follows: customers first, employees second, the community third, and stockholders fourth. These aren’t pure rankings but rather the order in which they consider the results of their actions. This approach has been instrumental in creating the customer revered company J&J is today.
J&J hasn’t always been a powerhouse. Its humble beginnings began in Brunswick, New Jersey in the year 1886. The founders were the Johnson brothers, Robert, James, and Edward Johnson. Their focus hasn’t changed much from its founding principles. They began by selling first aid kits to railroad workers and health products to families. In 1888, they came out with the first commercial First Aid Kit,
The second responsibility of J&J is to the employees of the company. The employees are all the men and women throughout the world that work for J&J. Each of these employees is considered as an individual and the company strives to respect their dignity and recognize their merit. Each employee is valued to the company and therefore the company strives to give all employees a sense of security in their jobs as well as providing a fair and adequate compensation. Employees of J&J can also expect to work in clean, orderly, and safe environments and be able to give suggestions and complaints to competent management who must be just and ethical. All employees are given the opportunity for development and advancement if they are so qualified. The third responsibility of J&J is to the communities where the business operates. The Credo states that the communities are not only the places where they live and work but also the world community as well. J&J attempts to be good citizens by supporting good works and charities as well as paying taxes in order to support public works, civic improvements, and better health and education. J&J also strives to maintain the “property we are privileged to use” while protecting our environment and natural resources. The final responsibility of J&J is to its stockholders. Therefore J&J must make a profit and develop new ideas through research and innovative programs all while paying for any mistakes that have
The purpose of this report is to provide analysis of SEC 10K for Johnson & Johnson (JNJ). JNJ was incorporated in the State of New Jersey in 1887. JNJ and its subsidiaries have approximately 117,900 employees worldwide engaged in the research and development, manufacture and sale of a broad range of 250 operating companies conduction business in all countries of the world. JNJ’s primary focus has been on products related to human health and well-being.
J.Crew began in 1947 as a low priced clothing company that sold its merchandise door-to-door. It was originally called Popular Club but the name was eventually changed to J.Crew to better suit its preppy image. In 1983 the company released its first catalog in an effort to mimic the success of like Lands’ End and L.L. Bean. People fell in love with the company’s preppy aesthetic that was much more affordable than designers like Ralph Lauren. Within the decade, the company grew its customer base exponentially. Their sales increased from $3 Million to $100 Million in less than 10 years. In 1989 the company expanded into retail stores with their first brick-and-mortar location in South Street Seaport in New York.
For Johnson and Johnson to continue being an industry leader, change is needed. An overhaul of the company’s
In 1982, Johnson & Johnson (J&J) faced a major crisis that had the potential to send the company into financial ruin. Tylenol, the country’s most successful over-the-counter product, with over one hundred million users, was under attack.
J.P. Morgan Chase & Co. Is a conglomerate company with a very specific purpose. According to their website, the mission and values of J.P. Morgan Chase is "To be the most profitable, respected and influential investment bank in the world for the long term." To adequately quantify a company's mission or its vision, the firm must first determine, at the strategic level, what its core principles are. J.P. Morgan Chase is a firm with very specific business principles that they believe are at the very core of achieving their mission. Many of these basic principles include: Aspire to be the best, Execute superbly, Build a great team and a winning culture. (J.P. Morgan business goals).
Johnson & Johnson, a 130 years old famous multinational healthcare company through its family of companies is involved in the research and development, manufacture and sale of a wide range of products in the healthcare. Product that related to human health and well-being has always been their main interest over the years and also presently. Johnson & Johnson was incorporated in the State of New Jersey in 1887 by three brothers; Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson.
Johnson & Johnson, a fortune 500 company, is an American multinational pharmaceutical, medical device, and consumer packaged goods manufacture. The headquarters are located in New Brunswick, NJ. They are currently the sixth-largest consumer health company, and the world fifth-largest biologic company. Johnson & Johnson claims the title of the world's largest and most diverse of medical devices and Diagnostics Company. This company is notorious for running many initiatives in the hopes of helping others and their well beings. For example, in September 2011 J&J announced the launch of every mother, every child, a comprehensive, five year, private-sector effort to improve the health of woman and children in developing countries. It's an initiative which supports the United Nations' April 2010 call for a renewed effort to achieve the Millennium Development Goals of reducing morality in woman and children by 2015. There are four main programs to achieve the goal, which are mobile health for mothers, intestinal worms in children, R&D innovations, and Safe Birth Programs. "Every Woman, Every Child has shown what can be achieved through close cooperation between the UN, governments, and the private sector," said United Nations Secretary General Ban Ki-Moon. "A great deal has been achieved in the last year. Visionary leaders recognize the value of investing in the health of women and
Johnson & Johnson is a global American health care manufacturer founded in 1886. The Family of Companies – as they call themselves – consists of more than 250 operating companies in 60 countries employing about 118,000 people worldwide. (J&J)
To people in America, Christmas occurs on December 25th, a day where children wake up to find presents under the tree. In other traditions, some people go to church to celebrate the birth of Jesus Christ. However, even though many countries celebrate Christmas, there are different traditions and ways of celebrations. In Hispanic countries, like Spain, Cuba, Columbia and Mexico, they celebrate in a way that contrasts with ours yet are similar to things we can identify with.
Johnson & Johnson was founded in 1886 by three brothers in America. It is a company that sells consumer packaged goods, medical devices and pharmaceuticals and has been one of the most trusted and well-respected brands around the world. Many families use their household products, from shampoos to drugs. The worldwide company should handle all business deals and services ethically. This report will look into how well Johnson & Johnson makes decisions in terms of the health and safety of consumers, honesty and its marketing strategies.
Johnson & Johnson (J&J) is a multinational company founded in the the United states in 1886. The company’s create most of their revenue by selling medical devices, pharmaceutical products and consumer packaged goods. Johnson & Johnson’s value in the stock market is listed among the top pharmaceutical companies. The company owns varieties of different extensions to supply the demand of human health product. The company has dedicated their time to help people live longer healthier lives with their research development teams. Even though no all the actions authorized on the C-suite have kept the company apart from decreasing profits. Johnson & Johnson had ups and downs on the past, some mistakes had cause several threats to individuals. But the company has work hard to balance their corporate social responsibility. Johnson & Johnson executives are aware of the ethical issue the company faces daily so by taking severe and more smart decision they plan to boost the company 's profits. Consumers acquire confidence and feel more comfortable when social responsibility forms part of the future plans of the company. Important part of Johnson and Johnson strategic plan to keep being profitable in their upcoming quarters.
Johnson and Johnson, commonly called J&J for short, is one of the world's well known, largest, most decentralized and most diversified health care companies. Since 1887, Johnson and Johnson has been producing, manufacturing and selling products related to human health and well-being. Today J&J has over 200 autonomous operating companies and do business globally specializing in consumer products, medical devices and diagnostics, and pharmaceuticals. Consumer products are the company's most recognizable segment, including popular brands like Tylenol, Johnson and Johnson Baby Shampoo and Band-Aid. The medical devices and diagnostics segment manufactures products including surgical equipment
Johnson & Johnson was founded in 1886 by a New England Druggist named Robert Wood Johnson. Robert had his ingenuity inspired when Joseph Lister revealed that infections in the operating room were caused by airborne germs. Robert joined with his brothers, James and Edward, and started producing dressings in New Brunswick, New Jersey in 1886. They started with only 14 employees and were situated in an old wallpaper factory. Johnson and Johnson became incorporated in 1887. (Johnson & Johnson)
Managers and leaders do not welcome crises because they don't realize that problems and crisis if handled with intelligence become an opportunity for the company. The purpose of writing this paper to discuss the case of "Johnson & Johnson" that became a hero in the eyes of public (Rehak, 2002) and gained their market share back with the help of their effective public relations plan. They accomplished this by making good relations with public and by proving how much they were concerned about the safety of their consumers.