We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Management of Change in the Pharmaceutical Industry - Research Paper Example

Comments (0) Cite this document
Summary
The paper “The Management of Change in the Pharmaceutical Industry” seeks to evaluate online tools, which have a series of advantages, including the increased potentials of firms. The use of online tools would help pharmaceutical firms to resolve a series of operational problems…
Download full paperFile format: .doc, available for editing
Polish This Essay94.3% of users find it useful
The Management of Change in the Pharmaceutical Industry
Read TextPreview

Extract of sample
"The Management of Change in the Pharmaceutical Industry"

Download file to see previous pages According to Lerer and Piper (2003, 201) ‘digital technologies have offered new opportunities to pharmaceutical firms’; it is further explained that using these technologies pharmaceutical firms have been able to cooperate more effectively with patients and physicians. Moreover, Bakeev (2010) notes that the continuous improvement of knowledge management in the pharmaceutical industry would allow the industry’s firms to become more effective in supporting patients and healthcare professionals. Online tools have a series of advantages, including the increased potentials of firms involved in managing knowledge. At the same time, the costs of representatives in the pharmaceutical industry are quite high; a research developed in 2007 showed that ‘in 2006 the pharmaceutical firms spent approximately $150,000 for each representative in primary care and $330,000 for each representative in specialty drug’ (Bak and Stair 2011, p.137). The use of online tools would help pharmaceutical firms to resolve a series of operational problems and to decrease the costs of representatives, a practice followed by Janssen Pharmaceuticals, Inc., as explained below. 1.2 Diagnosis of change The implementation of change in pharmaceutical firms is unavoidable, in the context described earlier. ...
scribed as follows: a) to check the level at which online tools are used in the pharmaceutical industry, b) to identify the benefits and weaknesses of these tools, as reported by the industry’s firms, c) to check the effects of online tools on the operations of Janssen Pharmaceuticals, Inc., d) to identify the strategies used by the above organization for implementing change, as related to these tools, and to evaluate these strategies’ requirements, implications and risks, and e) to identify the potential long-term benefits and consequences of online tools in the pharmaceutical industry. 1.3 Implementation of change Under the pressures of the rapid development of technology globally, especially in regard to the involvement of the WWW in organizational activities, the pharmaceutical industry had to face the following dilemma: should its operations be transformed meeting the global trends in regard to the use of online tools in prescribing and informing customers on the drugs’ use and implications? This issue is made clear in the case of Janssen Pharmaceuticals, Inc. In 2010 the firm launched Prescribe Responsibly, ‘an online system for supporting appropriate treatment of pain’ (Johnson & Johnson 2011). In August of 2011, the firm updated the specific system adding new tools and features so that the support provided to health care professionals to be increased (Johnson & Johnson 2011). This initiative has resulted because of the failures and the delays that the company had to face in regard to the support provided to the physicians for handling pain. 2. Literature review The efforts of continuous improvement of operations are often related to the appearance of Taylorism, a trend that changed the manufacturing processes in the automotive industry in the USA. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Management of Change in the Pharmaceutical Industry Research Paper”, n.d.)
The Management of Change in the Pharmaceutical Industry Research Paper. Retrieved from https://studentshare.org/management/1446226-change-management-research-project
(The Management of Change in the Pharmaceutical Industry Research Paper)
The Management of Change in the Pharmaceutical Industry Research Paper. https://studentshare.org/management/1446226-change-management-research-project.
“The Management of Change in the Pharmaceutical Industry Research Paper”, n.d. https://studentshare.org/management/1446226-change-management-research-project.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The US Pharmaceutical Industry
The United States pharmaceutical industry can be considered as a highly competitive market. This is demonstrated through several factors that collectively lead to its positive performance such as market trends, profit, and productivity. Ultimately, the competitiveness of the industry is fundamentally ensured by the fact that it relies on research.
3 Pages(750 words)Essay
Pharmaceutical industry: pain relievers
Market structure – This section analyzes the characteristics of the market that exists in the US pharmaceutical industry as well as comparison of the US market with other world markets. Producers and suppliers – This part discusses major producers and suppliers of pharmaceutical products in the US market and their performance by use of sales, R&D expenditure and net income as major indicators.
4 Pages(1000 words)Research Paper
The Global Pharmaceutical Industry

The study will describe how internal and external environment forces have affected the industry. In order to determine the issues, PESTEL Analysis and Porter’s Five Force Analysis have been implemented in the study. This strategic framework will determine the industry’s internal strengths, weaknesses and external opportunities, threats.

6 Pages(1500 words)Case Study
Global pharmaceutical industry
Due to the every increasing cost and expenses that adversely affected the company's profit margin, even though the company was having substantial increase in turnover and revenues, the management decided to launch a workforce reduction program in the year 2003.
10 Pages(2500 words)Essay
Pharmaceutical Industry
However, prior to testing the drug in humans for the first time the following requirements have to be met: The study drug must have undergone preclinical research in the laboratories needs to be undertaken to determine which compounds will result in a chemical effect on the disease, and the drug compound will have to have been placed in a living biological system to check for safety in human disease, which involves testing the compound in at least two animals.
2 Pages(500 words)Essay
The pharmaceutical industry
With companies losing patents over blockbuster drugs without adding new drugs to their repertoire, the profits are bound to fall. Then there is the negative publicity attracted by the adverse side-effects
2 Pages(500 words)Essay
Pharmaceutical Industry Critisizm
The pharmaceutical industry is one of the largest and most powerful industries in the world. In 2009 the pharmaceutical industry generated $837 billion in revenues worldwide . The industry serves a critical role in health care because the drugs they develop are prescribed by doctors to treat thousands of potential illnesses.
2 Pages(500 words)Research Paper
Pharmaceutical Industry
This means that the hospital needs to have a way of getting the money for the services and expenses that they have incurred. This is generally done through reimbursement systems that rely on patients having health
2 Pages(500 words)Research Paper
Pharmaceutical Industry

According to the author, the production of a drug in this industry involves testing to eliminate any chances of dangerous or life-threatening side effects in the final product. The Food and Drug Administration of the US Government tests and approves all pharmaceutical products in America before such products reach the pharmaceutical market.

3 Pages(750 words)Essay
Counterfeit Pharmaceutical Drug Industry
However, this regulation is constantly facing a conflict between its own efficiency and fairness of social objectivity (Baldwin et al., 2012, p. 31). Thus, setting the extent of counterfeit drug regulation is important through critical synthesis of both
13 Pages(3250 words)Essay
Let us find you another Research Paper on topic The Management of Change in the Pharmaceutical Industry for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us