A Learning Culture at Jazz
Pharmaceuticals Creates Better
Employee Performance, Retention,
and Business Results
Eric Fink
...
Jazz Pharmaceuticals’ mission is to improve
patients’ lives by identifying, developing and
commercializing important speci...
Core Values
Pursuit	
  of	
  
Excellence
Innova3on	
  Passion	
  Integrity	
   Collabora3on	
  
Executing on Our Growth Strategy
4
Jun 2005 Jan 2012 Feb 2013
Mar 2003 Feb 2007 Jun 2012 Jan 2014
Acquired	
  Orphan	
  
M...
Why employees love working at Jazz
Pharmaceuticals…
5
Jazz Pharmaceuticals 2013 Qualitative Employee Survey
Why employees join Jazz
Pharmaceuticals…
6
Jazz Pharmaceuticals 2013 Qualitative Employee Survey
Culture
Corporate Culture – A blend of the values, beliefs,
taboos, symbols, rituals and myths all companies
develop over ...
Impact of Engagement
8
Highly engaged employees have
lower loss productivity at work
than disengaged. (7.6% days per
year ...
LOW CHALLENGE
HIGH
SUPPORT
HIGH CHALLENGE
LOW
SUPPORT
9
Learning Environment
Stress
Peak
Performance
Inertia
Comfort
Zone
...
SABA Learning @ Work
SABA Enterprise
External Learning Programs
Internal Learning Programs
Employee Alignment
Annual company-wide survey gauges
employee engagement and alignment
with company goals, while identifyi...
Employee Retention
“A 10 percent attrition rate is average for
companies that have never gone through a
merger. But for th...
Business Results
•  Helped support 3 consecutive years of double-digit volume growth for a product
that is over 11 years o...
Questions
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Jazz pharma webinar

  1. 1. A Learning Culture at Jazz Pharmaceuticals Creates Better Employee Performance, Retention, and Business Results Eric Fink Global Head of Learning & Development and Employee Communications
  2. 2. Jazz Pharmaceuticals’ mission is to improve patients’ lives by identifying, developing and commercializing important speciality pharmaceutical products to address unmet patient needs.
  3. 3. Core Values Pursuit  of   Excellence Innova3on  Passion  Integrity   Collabora3on  
  4. 4. Executing on Our Growth Strategy 4 Jun 2005 Jan 2012 Feb 2013 Mar 2003 Feb 2007 Jun 2012 Jan 2014 Acquired  Orphan   Medical   Merger  with     Azur  Pharma   License  Agreement   with  Concert   Pharmaceu;cals   Acquisi;on  of   Gen;um   Jazz  Pharmaceu;cals   Founded   Licensed  from  Solvay   Pharmaceu;cals   Acquired  EUSA   Pharma   JZP-­‐386   Jan 2014 Acquired  from     Aerial  BioPharma     JZP-­‐110  
  5. 5. Why employees love working at Jazz Pharmaceuticals… 5 Jazz Pharmaceuticals 2013 Qualitative Employee Survey
  6. 6. Why employees join Jazz Pharmaceuticals… 6 Jazz Pharmaceuticals 2013 Qualitative Employee Survey
  7. 7. Culture Corporate Culture – A blend of the values, beliefs, taboos, symbols, rituals and myths all companies develop over time Learning Culture – a term given to an organization that facilitates the learning of its employees and continuously transforms itself Wikipedia 27Mar14 Wikipedia 27Mar14
  8. 8. Impact of Engagement 8 Highly engaged employees have lower loss productivity at work than disengaged. (7.6% days per year vs. 14.1%) Highly engaged employees are less likely to leave their employer than disengaged employees. (18% likely in next 2 years vs. 40%) 2012 Towers Watson Global Workforce Study
  9. 9. LOW CHALLENGE HIGH SUPPORT HIGH CHALLENGE LOW SUPPORT 9 Learning Environment Stress Peak Performance Inertia Comfort Zone Richard Olivier, Mythodrama
  10. 10. SABA Learning @ Work SABA Enterprise
  11. 11. External Learning Programs
  12. 12. Internal Learning Programs
  13. 13. Employee Alignment Annual company-wide survey gauges employee engagement and alignment with company goals, while identifying common themes and opportunities for improvement 13 656 employees participated (93% response) 47% have 3 years or less Jazz tenure Key Highlights: • 95% responded they have a clear understanding of our mission and values • 81% stated they are excited about the opportunities they have to learn, share knowledge and contribute at the company •  95% of employees state they go above and beyond what is expected to help deliver the company’s mission and goal •  88% would encourage people they know to apply for open positions at Jazz Pharmaceuticals Jazz Pharmaceuticals 2013 Quantitative Employee Survey
  14. 14. Employee Retention “A 10 percent attrition rate is average for companies that have never gone through a merger. But for those that have, the rate remains twice that, even nine years after the event.” – Accenture Strategy Services 0 100 200 300 400 500 600 700 800 900 2009 2010 2011 2012 2013 2014 Total Number of Employees at Jazz Pharmaceuticals
  15. 15. Business Results •  Helped support 3 consecutive years of double-digit volume growth for a product that is over 11 years old •  Revenue Growth Total Revenues1 (in millions) $1,100-­‐   $1,1602   1 2011-2013 Audited; 2014G Unaudited. 2 G=Guidance. Guidance provided by Jazz Pharmaceuticals plc on and as of February 25, 2014. Jazz Pharmaceuticals plc is not confirming or updating that guidance, and actual results may differ.
  16. 16. Questions
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