I would greatly appreciate your assistance with the following information I created as this will help to enhance my understanding of an organizations external environment.
An organizations external environment has three components: the remote environment, the industry environment, and the operating environment. Please conduct an environmental analysis of Pfizer Pharmaceuticals. If you would, please describe several major changes that you expect to have a major impact on the remote, industry, and operating environments over the next 10 years or so. Based on your analysis, please create a set of long-term objectives for the organization.
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Pfizer was incorporated in 1942 and is headquartered in New York City. The company is the world's largest research-based pharmaceuticals firm. It produces the number-one selling drug Lipitor (atorvastatin, used to lower blood cholesterol); the oral antifungal medication Diflucan (fluconazole), the long-acting antibiotic Zithromax (azithromycin), the well-known erectile dysfunction drug Viagra (sildenafil citrate), and the pain reliever Celebrex (celecoxib).
Pfizer's best-known products include erectile dysfunction therapy Viagra, antidepressant Zoloft, and cholesterol-lowering Lipitor. In addition to prescription drugs, the firm makes OTC remedies, including sniffle-and-sneeze treatments Benadryl and Sudafed. Pfizer also keeps Fluffy and Fido in mind with its animal health products, including Revolution (antiparasitic). Subsidiaries in the Pfizer family include Warner-Lambert, Parke-Davis, and Goedecke.
Pfizer manufactures both pharmaceutical medications and over-the-counter consumer products.
Strong Research and Development
Pfizer's research and development organization is headquartered in New London, CT. The company has R&D labs in the following locations: Groton, Connecticut, Sandwich, England, Nagoya, Japan, Amboise, France, La Jolla, California, Cambridge, Massachusetts, Ann Arbor, Michigan, St. Louis, Missouri, Kalamazoo, Michigan
In 2004, Pfizer invested $7.68 billion in research and development, the largest investment in R&D by a private biomedical research organization.
Diversity in Human resource
Pfizer received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004, the third year of the report.
Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals, as well as consumer healthcare products worldwide.
It operates in three segments: Human Health, Consumer Healthcare, and Animal Health.
The Human Health segment offers treatments for cardiovascular and metabolic diseases, central nervous system disorders, arthritis and pain, infectious and respiratory diseases, urogenital conditions, cancer, eye disease, endocrine disorders, and allergies.
The Consumer Healthcare segment markets over-the-counter medications for oral care, upper respiratory health, tobacco dependence, gastrointestinal health, skin care, eye care, and hair growth. Its principal products include Listerine mouthwash, Listerine PocketPaks oral care strips, Nicorette for tobacco dependence among others
The Animal Health segment discovers, develops, and sells products for the prevention and treatment of diseases in livestock and companion animals. Its products include parasiticides, anti-inflammatories, vaccines, antibiotics, and related medicines. ...
This explains the environmental analysis and formulation of goals of the organization with the help of an example of Pfizer Inc., including an overview of the organization and its products and operations. Three references are provided and the answer is approximately 1,854 words.
Environmental Analysis for Pfizer, Inc.
An organization's external environment has three components: the remote environment, the industry environment, and the operating environment. Using the Pfizer, Inc. organization chosen for my Strategic Plan, conduct an Environmental Analysis. Describe several major changes that you expect to have a major impact on the remote, industry, and operating environments of Pfizer in the next 10 years. Based on your analysis, create a set of long-term objectives for the organization. Please provide detailed explanation and supporting facts.View Full Posting Details