Saturday, March 2, 2019

Pfizer-Pharmacia Merger

Problem description Pfizer, Inc. announced the acquisition of the familiarity Pharmacia, Corp. In the months leading up to the meeting of the two companies, there were issues with the employees of Pharmacia. The announcement of 2. 5 billion in monetary value savings as a result of the confluence of the two companies, had round worried be fountain it would be in form of labor approachs, which would potentially cause disclosure of local operations. Staff was concerned about their financial incomings, loosing their income would not just affect their personal lives, and families but the community in general.A sink in level effect, would effect businesses that provide products, and services to the consumers, as strong as the tax bases of local communities (Stamper, 2). The issue of having to potentially seek a financial bailout, and also possible bankruptcy of the city if Pfizer were to close down the operations of Pharmacia was a larger issue as easy. The core committal of ty pical pharmaceutical company is drug discovery, clinical development, manu occurrenceuring, and sales and marketing. in the first place the merging of the company, the core mission of the company was met.Now the issue is, due to the merging of the companies, there was a loss of discovery, clinical development, and sales marketing. Why did the problems slip away? The problem of staff being worried about their financial future, and the future of the company mainly aroused because of the 2. 5 billion dollar in total cost savings that would be implemented as a result of merging the two companies. Emotions were a major concept that was pass the staff at Pharmacia, everyone was in a certain state of bumptiousness at times, due to the uncertainty of subcontracts, and the uneasiness with staff members caused mainly from the distributed memo.Misunderstanding of the memo, magnanimous the impression that Pfizier was going to pull out of downtown Kalamazoo, was a misunderstanding. This c aused uncertainty avoidance within the company, tidy sum felt threatened by ambiguity and uncertainty. It also caused stress the well being of staff members was at stake. The problem of staff being overwhelmed by the memo was due to the fact that Pfizer did not take the time to properly explain the meaning of the cost savings, from the very beginning.Loosing core essential missions for the company due to the merger occurred because the police squad at Kalamazoo was extremely effective the decline of efficiency within the new merged company could prevail been caused by the new collectivism of the company. With the merging, people got swapped around the concept of job rotation, and moving employees could be seen as a bad thing in this situation, because the Pharmacia had a very victorious company to begin with, now with the merging it caused the company to defecate to graze with less resources than prior to the merge. AlternativesIn assessing the case, the main problems with th e merging of the company were communication. The neediness of communication with the two companies, and the staff created a lot of problems, not besides with staff but with government. If there was more communication within the companies from the beginning, it would bring in saved a lot of emotion, and stress due to the potential job loss and financial problems trickling to the whole community. To fix this initial problem, CEO of Pfizer Hank Mckinnell could pose re-assessed the memo going out, and maybe spent more time intellection about the staff of the company, and how it would affect them when writing it.Within the newly devolved company, they could adapt high-performance-work-practices that could help oneself the company get to where it was before the merge. Gathering the knowledge and skills and abilities that all the employees have, and act to built them so the company can be successful. Conclusion The inherent Subsystems could have been looked at more in depth, looking at how the company worked as a whole, kinda of automatically making changes to the system. In rove to have a successful company, you need to be able to have not only efficient, but adaptive and innovative.There could have been organizational efficiency, so when merging the two companies, it was helping the company grow and develop instead of putting it behind on its mission statements. Before the merging of the company, they should have taken a better look at the Internal Systems, and how well the company was operating internally. If this was done, they could have maybe found alternative ways for savings, and realized that the organizational efficiency of the company to begin with, was extremely strong.

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