Post on 11-Jun-2015
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Schering-Plough
To earn trust, every day
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About Schering-Plough
• Global health care company with three integrated businesses:• Pharmaceutical• Animal Health• Consumer Health Care
• Business, research, manufacturing and sales operations in more than 140 countries
• Approximately 55,000 colleagues worldwide
• 2007 *Adjusted Net Sales: $15.2 Billion**
* Includes assumed 50% contribution from joint venture sales of VYTORIN and ZETIA. Please refer to reconciliation tables under “Financial Highlights” on the Investor Relations section of the Schering-Plough Web site: http://phx.corporate-ir.net/phoenix.zhtml?c=89839&p=irol-fundamentals2
** Includes $626 million of Organon BioSciences net sales for the period as of the closing date of the acquisition on Nov. 19, 2007, through Dec. 31, 2007.
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Key Human Prescription Pharmaceuticals
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Consumer Health Care
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Research & Development
• 2007 R&D Investment of $2.9 billion*
• Research facilities in the United States, Switzerland, Italy,the Netherlands, Scotland, Germany, Japan and France
• Areas of therapeutic focus:• Cardiovascular Disease• Central Nervous System• Immunology and Infectious Disease• Oncology• Respiratory• Women’s Health
* Includes $111 million in R&D investment for OBS for the period as of the closing date of the acquisition on Nov. 19, 2007, through Dec. 31, 2007.
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Our Foundations
Attitude drives behavior, which drives a business culture aiming to deliver long-term high performance
How we work determines what we deliver long term.
Our Approach: Listen, Learn, Lead
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• Shared Accountability and Transparency
• Cross-Functional Teamwork and Collaboration
• Listening and Learning
• Benchmark and Continuously Improve
• Coaching and Developing Others
• Business Integrity
Our Leader Behaviors
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Environment Recognized SP in 2007
• Galen Prise (Noxafil)
• SCRIP Prise (for company of the year, executive team of the year and CEO of the year)
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AttractAttract EngageEngage
DevelopDevelop RewardReward
Winning Attitudes and the Right Skills, Winning Attitudes and the Right Skills, Experiences, Values & BehaviorsExperiences, Values & Behaviors
Cornerstones of the People Strategy
People
People
Products
Products
ProcessesProcesses
Customers
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Our Goals in People Strategy
We strive to become the best company in our industry in three areas: people, products and processes.
Our people will make the decisive difference in executing the Action Agenda and becoming a long-term, sustainable high-performance company.
Our people and their attitudes and behaviors differentiate us from our competitors — One Company, One Culture, One Team.
Peo
ple P
roducts
Processes
Customers
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Key Outcomes
• Place the right people in the right jobs. In this way, we can position the Company to be a high-performance competitor for the long term
• All colleagues working towards creating a stimulating working environment with competitive compensation and opportunities for professional development
• A culture that incorporates the values, leader behaviors and operating principles
People
People
Products
Products
ProcessesProcesses
Customers
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Development Programs
• Performance Management Program• Talent Management & Planning• Professional Pathways• Global Competency Framework• Management Excellence Program• Situational Coaching• S-P Learning Center• Management Challenge
People
People
Products
Products
ProcessesProcesses
Customers
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Key Messages
• Every colleague is accountable for the People Strategy and “owns” his or her own development
• Every colleague should strive to be the best he or she can be, whatever the role or position
• Professional Development at Schering-Plough is defined as learning and increasing contributions/value
• Performance is differentiated and directly linked to rewards
• Managers have a special responsibility to be the ambassadors — or transmission link — between our executive management strategy and our people around the world who make the strategy a reality
• Some programs are global and others such as technical training are local
People
People
Products
Products
ProcessesProcesses
Customers