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Management and Leadership at Cvs Caremark Essay Example

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Management and Leadership at Cvs Caremark Essay Example
Management and Leadership at CVS Caremark Michell McGill MGT/330 September 10th, 2012 Ed Robinson

CVS Caremark is the largest pharmacy health care provider in the United States with integrated offerings across the entire spectrum of Pharmacy Care. CVS Caremark is a market leader in mail-order pharmacy, retail pharmacy, specialty pharmacy, and retail clinics and is a leading provider of Medicare Part D Prescription Drug Plans. As one of the country’s largest pharmacy benefits managers (PBM’s) CVS Caremark provides access to a network of more than 65,000 pharmacies, including more than 7,3000 CVS/pharmacy stores that provide unparallel services and capabilities("Recruiter contact information," 2012). The size and components of the company CVS Caremark has implemented a leadership team comprised of talented and diverse leaders who’s abilities makes the company a leader among retail and specialty pharmacies in the United States. CVS Caremark divides the company into a Business Unit that consists of MinuteClinic, Pharmacy Benefit Management and Retail Pharmacy. Leadership, defined as influencing individual and group activities toward goal achievement. Executive leadership is a key component to the success of CVS Caremark. CVS Caremark fill many of their Executive Leadership opportunities from within, colleagues are offered development plans and encourage open dialog with colleagues and managers. Regular training and leadership development programs ensure that talent can be promoted from within the company. CVS Caremark employs Senior Executive Teams and department and line executives these positions are responsible for support and to work
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