Wyeth Co. Road to Globalization and Integration

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    Wyeth Co. Road to Globalization and Integration - Presentation Transcript

    1. Wyeth Corp.A step towards integration and globalization
      By ErtiDhamo
      Management Information Systems
      Temple University 2009
    2. 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.
    3. Growth of Wyeth
      Primarily Acquisitions
      Licensing of new drugs
      General management style “Meet Your Numbers and we will leave you alone.”
    4. Constant Obstacles
      COMPETITION
    5. Incentives towards Globalization
    6. Business Processes
    7. 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
    8. 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
    9. 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.”
    10. Outcome of Workshop
    11. Second Step
    12. Key Reorganizations
      RESOURCE SERVICE CENTER (PRESENT IN EVERY REGION)
      INFORTMATION MANAGER
      BUSINESS PROCESSES
      IT MANAGERS
      STEERING COMMITTEE
    13. Third Step
      Establishment of Global Data Warehouse
      Primarily used for business data exchange
      Present Software: SAP Corporate Enterprise
      Accessible from all global affiliates
    14. 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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