Performance Management System

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Performance Management System

HUMAN RESOURCES MANAGEMENT
HRM-401(A)

DR. KHALID AMIN
KIRAN DEEP

GROUP MEMBERS
M. NOMAN KHAN
ALI KHAN
TAHA KIZiLBASH
ADNAN JAITAPKER

Table of Contents

THE PAKISTAN PHARMACEUTICAL INDUSTRY OVERVIEW3

COMPANY OVERVIEW:4

Glaxo Smith Kline4

Herbion International Inc.4

Opal Laboratories (Pvt.) Ltd5

PERFORMANCE MANAGEMENT SYSTEM ANALYSIS6

CONCLUSION11

RECOMMENDATIONS12

THE PAKISTAN PHARMACEUTICAL INDUSTRY OVERVIEW

The Pharmaceutical Industry in Pakistan commenced its business operations a few years after the country came into existence. With the passage of time most of the multinational companies began manufacturing activities to cope with the requirement of quality drugs and medicines for the rapidly increasing population in both wings of the country. Presently the number of registered or licensed manufacturers in the country is close to 300 units out of which are 32 majority control multinationals and there are many joint ventures with foreign collaboration. According to the IMS (International Market Survey) the total pharmaceutical market in Pakistan in 1996 was valued at US$900 million which grew at the rate of 20 per cent in 1996. The total world market for pharmaceuticals is estimated to be about US$248 billion in 1994 out of which North America had a share of 33.5 per cent followed by Europe at 27 per cent and Japan 21.5 per cent. Pakistan's share was about 0.3 per cent. The per capita consumption of pharmaceuticals is about US$4 in Pakistan. In the last year (Jan 2010 to Dec 2010) sales reported is 139.65 billion PKR with a growth rate of 14%. Share of national companies is reported to be 55.33% with a growth rate of 18%. Share of foreign companies is reported to be 44.67% with a growth rate of 10%. GSK is the leading pharmaceutical company in Pakistan

COMPANY OVERVIEW:

Glaxo Smith Kline

GSK is the Leading pharmaceutical company of Pakistan. GSK’s mission is to improve the quality of human life by enabling people to do more, feel better and live longer. GSK is a research-based pharmaceutical company with a share of around 5% of the world's pharmaceutical market. GSK is committed to tackling the three "priority" diseases identified by the World Health Organization: HIV/AIDS, tuberculosis and malaria. In the developing world, GSK provide certain medicines at preferential prices ensuring that the poorest can still benefit from their treatments and vaccines. Their business employs 96,500 people in over 100 countries worldwide. Around 13,000 people work in their research teams to discover new medicines all year round. Their vaccines are included in immunization campaigns in 182 countries worldwide. They delivered 1.4 billion vaccine doses to 179 countries.

Herbion International Inc.

Herbion started off with a well defined vision in 1983, the company has grown to become an organization comprising of more than a thousand employees today. Their sales and marketing network is spread over 4 regions across the 3 continents of the globe i.e. North America, Europe and Asia, covering USA, Canada, Russia, Ukraine, Belarus, Lithuania, Moldova, Georgia, Armenia, Czech Republic, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, Azerbaijan, Mongolia, Malaysia, Singapore, Turkmenistan, Vietnam and Pakistan. Best of all it’s a Pakistani based company whose brand is flourishing throughout the world. Herbion's products are being used confidently by millions of people around the world due to their proven efficacy and safety while some of its strongest brands like LINKUS, INSTY, VERONA and BONJIGAR have gained top of the line status in the markets where Herbion operates. It has emerged as one of the rare Pakistani manufacturing unit to have acquired state of the Art manufacturing facility that qualifies the GMP and ISO 9001 certification. Herbion is passionately focused towards brand development in the foreign markets thus...
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