Evaluate the organizational setting of Glaxo pharmaceutical company in UK with regards to HR, strategy, structure and culture and assess as to how these factors enhances or prevents corporate entrepreneurial actvity within this company.
GlaxoSmithKline (GSK) is a British pharmaceutical company that accounts for almost six percent of the world's pharmaceutical market. The executive body of the GSK (also knows as the Board of Directors) consists of 14 Directors, 11 of which are independent. The Chairman of the Board is also a non-executive Director. The company has an executive team that consists of senior mangers which are headed by the CEO. The board has audit, remuneration, nominations, financial results, corporate responsibility, and corporate administration commitees. The key values of the firm are performance with integrity, entrepreneurial spirit, focus on innovation, a sense of urgency, and passion for achievement. According to the GSK Corporate Responsibility Report some of the corporate responsibility principles that the firm adopted and their relationship with entrepreneurial activities are as follows:
The solution evaluates the organizational setting of Glaxo pharmaceutical companies in the UK with regards to HR, strategy, structures and cultures. The factors which enhances or prevents corporate entrepreneurial activity within this company.