Wyeth Co. Road to Globalization and Integration - Presentation Transcript
Wyeth Corp.A step towards integration and globalization By ErtiDhamo Management Information Systems Temple University 2009
Who is Wyeth Corp? Originally founded in 1920 as “Wyeth Chemical Co.”. Periodically evolved into “American Home Products” holding company primarily composed of 10 subsidiaries. It was mostly present in the U.S. but sales reached overseas markets as well.
Growth of Wyeth Primarily Acquisitions Licensing of new drugs General management style “Meet Your Numbers and we will leave you alone.”
Constant Obstacles COMPETITION
Incentives towards Globalization
Business Processes
Product Delivery Identification of inefficiencies among manufacturers and staff across world Explore IT as an enabler to deficiency problems Create a business solution model that benefits all company members worldwide
Connect With Global Partners Balance production across manufacturing facilities worldwide Establishment of Steering Committees Implement an IT application System JD Edwards was used extensively on AS400 systems worldwide
First Step “The Managers Workshop proved to be an excellent networking event for corporate leaders. Many ideas and processes introduced were similar in conform to ideas generated from other departments.”
Outcome of Workshop
Second Step
Key Reorganizations RESOURCE SERVICE CENTER (PRESENT IN EVERY REGION) INFORTMATION MANAGER BUSINESS PROCESSES IT MANAGERS STEERING COMMITTEE
Third Step Establishment of Global Data Warehouse Primarily used for business data exchange Present Software: SAP Corporate Enterprise Accessible from all global affiliates
Focal Point: Globalization, Standardization, and Integration Optimized business procedures, comprehensible to all participating members Development of trust Inspiration to all employees as “Global Employees”
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