A Brief study on American multinational company Johnson and Johnson

1. JOHNSON & JOHNSON
Assignment 04
Tushar Giripunje
FYMMS Div A Roll no: 43
ADMIFMS Mumbai
Date- 26/2/2021

2. • Johnson & Johnson (J&J) is an
American multinational
corporation founded in 1886
that develops medical devices,
pharmaceutical, and consumer
packaged goods.
Johnson & Johnson Business Details

3. Consumer : comprising the
development and sale of consumer
health and cosmetic products, such
as over-the-counter
pharmaceuticals, and skin care, baby
care and women’s health products.
Johnson and Johnson business segments

4. Medical Devices:
Comprising the Company’s
development and sale of
medical devices,
specializing in the
orthopedic, surgery,
cardiovascular, diabetes
care and vision care fields.

5. • Pharmaceutical: comprising
the Company’s development
and sale of pharmaceutical and
healthcare products, covering
five therapeutic areas –
Immunology, Infectious
Diseases andVaccines,
Neuroscience, Oncology, and
Cardiovascular and Metabolic
Diseases.

6. Logo and Slogan
A Family Company at Work for a Better World.
Slogan:

7. Scale of Business
• The corporation includes some 250 subsidiary companies with
operations in 60 countries and products sold in over 175 countries.
• Johnson & Johnson revenue for the twelve months ending December
31, 2020 was $82.584 billion, a 0.64% increase year-over-year.
• Profit reported to be $14.7 billions.
• the company is ranked No. 37 on the 2018 Fortune 500 list of the
largest United States corporations by total revenue.

8. Mission
 Our credo stems from a belief that consumers, employees and the
community are all equally important.
Vision
 for every person to use their unique experiences and backgrounds,
together – to spark solutions that create a better, healthier world.

9. Evolution and History
Johnson and Johnson was established in 1886
by brothers Robert Wood Johnson, James
Wood Johnson and Edward Mead Johnson. The
Company specialized initially in antiseptic
wound treatment, but soon began to diversify
its product offerings, marketing baby powder,
maternity kits, oral care, and women’s health
products in the 1890s. This diversification
continued into the 20th Century, and led to the
opening of the Company’s first international
office in the UK in 1924.

10. • Johnson and Johnson expanded further during the remaining
years of the 20th Century, establishing global network of
offices and facilities and moving into new product markets such
as prescription pharmaceuticals and medical devices.Today the
Company is among the largest and most well-known
multinational conglomerates in the world, ranked 39th in the
Fortune 500 list.
• Johnson and Johnson has traded its shares on the NewYork
Stock Exchange since 1944.The Company has a current market
capitalization of $324.78 billion.

11. Core Values and Ethics
• Johnson & Johnson core values
comprise “growth &
innovation, investing in future,
global diversity, citizenship
and sustainability, developing
diversity, and global supply
base.”This company has
demonstrated that it is
passionate about people and
their wellness.

12. • To achieve its mission and vision statements that revolves
around caring for humanity, Johnson & Johnson enforces
these core values to ensure everyone remains committed.
The most important aspect is that the company encourages
its workforce and other stakeholders to stay progressive and
keep the desire of finding solutions to problems alive. It does
this by encouraging innovation together with a spirit of
working together. By embracing people with different
capacities and from different backgrounds.
• Johnson & Johnson creates a culture of sharing and
corporation, and this has been the source of its creativity.

13. Johnson & Johnson’s three pillars of
corporate responsibility
• improving global health,
• improving local communities,
• and ensuring the sustainability of
our planet.
CSRActivities

14. • An excellent example of CSR is that they have focused on
reducing their impact on the planet for three decades. Their
initiatives range from leveraging the power of the wind to
providing safe water to communities around the world. Its
purchase of a privately-owned energy supplier in theTexas
Panhandle allowed the company to reduce pollution while
providing a renewable, economical alternative to electricity.
The company continues to seek out renewable energy options
with the goal to procure 35% of their energy needs from
renewable sources.

15. Company Management
• Alex Gorsky (Chief Executive Officer)
• Joseph Wolk (Chief Financial officer)
• Joaquin Duato (vice-chairman of the
executive committee)

16. Board of Directors
• Alex Gorsky
• Mary C. Beckerle
• D. Scott Davis
• Ian E. L. Davis
• Jennifer A. Doudna
• Marillyn A. Hewson
• Hubert Joly
• Mark B. McClellan
• Anne M. Mulcahy
• Charles Prince
• Eugene Washington
• Mark A. Weinberger
• NadjaY. West
• Ronald A. Williams

17. Conclusion
• It is evident from the various practices and policies of J&J that, it
is a company with vision.
• The vision is reflected not only in the credo of the company, but
gets translated at every stage in the form of best practices at the
company.
• Herein lies the human approach, where the focus is not diluted to
reap benefits with a business policy geared towards only ROI
(Return on Investment), but towards ROR (Return on
Relationship.

18. THANK YOU