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Essay / Research Paper Abstract
This 16 page paper is based on a case study provided by the student. In the 1990s Wyeth made a strategic decision to focus on the pharmaceutical industry, and create a global organization to replace the existing fragmented structure. The paper examines the way in which the process took place, looking at the opportunities and threats the organization faced, the areas which were in place, the way in which the organization move towards globalization including the different stages and a final assessment of whether the organization has achieved its goal of being a global company. The bibliography cites 11 sources.
Page Count:
16 pages (~225 words per page)
File: TS14_TEwyethg.rtf
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Unformatted sample text from the term paper:
1. Executive Summary Wyeth was a diversified company with interests in a number of industries, in the 1990s as a result of changing competitive conditions a decision was made to focus
the organization on the pharmaceutical industry, divesting non pharmaceutical operations and to create a global, focused organization. In order to realize this goal, with the opportunities to gain from economies
of scope and scale, synergy and alignment which would help to maximize the use of resources and reduce costs, including the elimination of duplicate tasks from the different business units,
the organization had to overcome a number of threats and barriers. Major barriers included resistance from internal stakeholders, including senior managers of the different business units, the development and implementation
of suitable structures and systems, as well as funding issues. However, over time, despite taking longer than initially projected, the organization was able to implement a global IT system to
support the flow of information between different divisions, and to create alignment in the business processes in order to create an integrated organization. When looking at the organization today it
may be argued that it is not a true global organization when considered in terms of generally accepted definitions, but that the organization appears to be satisfied that the goal
is reached, with the organization operating in a unified manner across the globe, with global standards in many global processes. 2. Introduction Wyeth had developed as a holding company; one
that had undertaken diversification though acquisition. The organization had a clear focus on providing value for shareholders; this had resulted in a business model that allowed the individual businesses that
were acquired a high level of autonomy as long as they were meeting their business targets. When an acquisitions were the existing management structure would usually be the retained if
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