Preview

Pfizer Organizational and Design Structure

Good Essays
Open Document
Open Document
808 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pfizer Organizational and Design Structure
Organizational design and structure allow a company to organize itself into different divisions that make work and labor occur more efficiently. Departmentalization is a method of subdividing work into separate organizational units that perform particular tasks. Pfizer uses product departmentalization in order to organize the company into separate units that produce particular products or services. Pfizer manages its operations through five divisions: Primary Care, Specialty Care and Oncology, Established Products and Emerging Markets, Animal Health and Consumer Healthcare, and Nutrition (Reuters, 2012).
The Primary Care operating segment and the Specialty Care and Oncology operating segment are very closely related. The Primary Care segment of Pfizer involves human pharmaceutical products that require a prescription from a physician (Reuters, 2012). These products are generally some of Pfizer’s bestselling and most recognizable. Examples of products in this department are Viagra and Lipitor. The Primary Care segment only involves medications for broad range ailments and conditions that cannot be narrowed down to a specific cause, such as heart disease or sexual dysfunction. The Specialty Care and Oncology operating system involves drugs and medications that are prescribed from specialty physicians such as psychiatrists and oncologists (Reuters, 2012). Drugs such as Enbrel and Geodon are part of the Specialty Care and Oncology segment as well as drugs related to oncology. These drugs are for diseases that do have a specific cause and that are treated with a specific drug or treatment plan.
The Established Products and Emerging Markets operating segment is made up of two separate units: the Established Products business unit and the Emerging Markets business unit (Reuters, 2012). Established Products includes revenues from human pharmaceutical products that no longer have patent protection or are not marketed in certain countries and regions (Reuters, 2012). The

You May Also Find These Documents Helpful

  • Satisfactory Essays

    MGT330 Week 2 Quiz

    • 296 Words
    • 6 Pages

    Jim is the owner of a fried chicken restaurant chain that has more than 10 franchised locations in the Northeast. Which type of departmentalization MOST applies to Jim’s company?…

    • 296 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    Functional structure is departmentalization around specialized activities such as production, marketing, and human resources. Divisional structure is departmentalization that groups units around products, customers, or geographic regions. Matrix structure is an organization composed of dual reporting relationships in which some managers’ report to two superiors –a functional manager and a divisional manager. The most effective structure is the matrix structure because it consists of the other functions, both of which would fail without them. Organizations can determine if they are structured in the most effective and efficient manner by analyzing how their business…

    • 507 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Mgmt 3610 Week 1 Summary

    • 466 Words
    • 2 Pages

    Functional departmentalization can be found in both public and private organizations. Some examples of organizational structure departmentalization are Human Resources, Accounting, Sales and Marketing, and Production. These departments are put into place to ensure efficiency, and increase production within the organization. Structure helps the organization to clarify accountability and responsibilities within the team. Structure should be aligned with the organization’s strategy in order to be organized in a way to best serve the…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Week 5 Assignment

    • 1146 Words
    • 4 Pages

    Divisional organizational structures decentralize the functional organizational structure because the roles of the employees are divided by product or region, rather than function, within your business. For example, you could divide…

    • 1146 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Geographic departmentalization is when organizations are physically isolated to geographical regions. An example of geographical departmentalization is a manufacturing company that has locations in Northern and Southern locations that deal with consumers within their region.…

    • 973 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Organizational Structure

    • 1489 Words
    • 6 Pages

    Altogether, there are about eight organizational structure types. Each company has to find a way of putting these “pieces of the puzzle” into one well thought-out outline to represent the necessary relationships. In this case, we’ll be looking at the divisional structure. According to the text, “as organizations grow and become increasingly diversified, they find that functional departments have difficulty managing a wide variety of products, customers, and geographic regions. In this case, organizations may restructure to group all functions into a single division and duplicate each of the functions across all the divisions (Bateman and Snell 8th edition, 2009).”…

    • 1489 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The Business Strategy Game

    • 3052 Words
    • 13 Pages

    The marketplace is worldwide—production and sales activities can be pursued in North America, Latin America, Europe-Africa, and Asia Pacific…

    • 3052 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Pfizer Industry Review

    • 4325 Words
    • 18 Pages

    The pharmaceutical industry began in the early 1800’s when several chemical companies were founded in Philadelphia, marking the beginning of our current pharmaceutical manufacturing industry (Pfizer, 2008a). Founded in 1849, Pfizer has grown into a multibillion-dollar corporation by providing many of the highest quality drugs available today (Pfizer, 2007). However, many factors impact the continued success of Pfizer and the pharmaceutical industry in general. After reviewing these factors, it is our recommendation that Pfizer focus on short-term consolidation and long-term global expansion into emerging markets while focusing research and development efforts in the biotech sector.…

    • 4325 Words
    • 18 Pages
    Best Essays
  • Better Essays

    Procter and Gable

    • 1374 Words
    • 6 Pages

    1. What are the benefits of organizing by product rather than function? By using the product strategy brand managers in the same product division competed in the marketplace but shared access to strong divisional functions. Those transferred best practices and talent across many brands foresting leading edge competencies in the R&D, manufacturing, market research in the rapidly developing consumer product industry.…

    • 1374 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Week 3 Assignment

    • 496 Words
    • 2 Pages

    Departmentalization describes a very formal way of structuring an organization and provides the organization a number of ways to address the unique demands which they are facing. Departmentalization can be structured through placing the focus on programs, functions, processes, markets, the consumers and/or clients, and geographical areas. An advantage of departmentalization includes the ability to place the focus on the specifics of the organization, which allows for very precise results. However, the disadvantage of departmentalization in this case, is that it is only an ideal structure for those organizations which employ a very small number of employees.…

    • 496 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Eli Lilly and Company has been in the pharmaceutical business for a long time and has undergone a variety of changes and re-organizations in its management style. This had to happen for the company to grow and expand from a small company in Indiana, to the global Fortune 500 Company it is today!…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Pfizer Overview

    • 550 Words
    • 3 Pages

    Pfizer Incorporated is a major pharmaceutical company and is one of the leading in the world for pharmaceutical sales It currently has the largest Research and Development department out of any Bio-medical company in the world. Some of the products that Pfizer produces that readers might be familiar with are: Lipitor (atorvastatin); oral antifungal medication Diflucan (fluconazole), another popular antibiotic Zithromax commonly reffered to as a the “Z” pack (azithromycin), the well-known erectile dysfunction drug Viagra (sildenafil citrate), and the anti inflammatory drug Celebrex (celecoxib)…

    • 550 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Presentation on: Pfizer and the Pharmaceutical Industry Fletcher Leung Analyst Investment Analysis Group February 15, 2002 Presentation Agenda • Industry Overview: Research Based Pharmaceuticals • Pfizer – Company Specifics – Performance – Growth Drivers • Valuation – Comparables Analysis – DCF • Recommendation February 15, 2002 Page 2 Investment Analysis Group 1 Industry Overview Economic •Cost Effective Demographic Sociocultural •Aging Population •Quality of Life General Environment Political/Legal Global •Gov’t Regulation •Unauthorized Imports •Price Controls •Intellectual Property Technological •Human Genome •Development Time February 15, 2002…

    • 1027 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    a new kind structure A Case Study Presented to the Faculty of the Department of Business and Management College of Management and Economics of the Visayas State University ______________________________________________________ In Partial Fulfillment of the Requirements in MGMT 101: Concepts and Dynamics of Management ______________________________________________________ Submitted by: GROUP I (Write your Group Number) (Names of Members in Alphabetical Order with Family Names First, followed by the First Name, then Middle Name) Submitted to: Mr. Stephen Alexeus G. Baltazar Date of Submission CASE STUDY ANALYSIS Title Page Acknowledgement Table of Contents I. Introduction II. Statement of the Problem III. Objectives IV. Situational Analysis V. Alternative Courses of Action VI.…

    • 1260 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Pfizer Case Study

    • 1500 Words
    • 6 Pages

    Pfizer is the world’s largest research-based pharmaceuticals firm and also a well known Pharmaceutical company. So their most of the work depends on research, developing Strategies and innovate. They were trying to find a new way of system which makes their Work more effective and efficient. Pfizer find out that their worker spends more time on Business research and data analysis to the creation of documents and other routine Support like Goggling and making power points and also spending so much time on Menial tasks rather than knowledge work. The average Pfizer employee was spending 20 Percent to 40 percent of his or her time on supporting work (creating documents, typing Notes, doing research, manipulating data, scheduling meetings) and only 60 percent to 80 Percent on knowledge work (strategy, innovation, networking, collaborating, critical Thinking. That’s why Pfizer starting to find a solution of this problem to increase their Efficiency and effectiveness. Pfizer build a new kind of structure by using Microsoft Outlook where their connecting to a outsourcing company where Pfizer can connect with Different worker by email where they can connect with any worker around world and get Cost specification for their requested work. By using this process the time spent on Analysis of data has been reduce, also have many financial benefits and employees also get rid of their boring work.…

    • 1500 Words
    • 6 Pages
    Powerful Essays