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Wyeth Co. Road to Globalization and Integration
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Transcript of Wyeth Co. Road to Globalization and Integration
Wyeth Corp.
A step towards integration and globalization
By Erti DhamoManagement Information Systems
Temple University 2009
Who is Wyeth Corp?• Originally founded in 1920 as “Wyeth Chemical Co.”. Periodically evolved
into “American Home Products” holding company primarily composed of 10 subsidiaries. It was mostly present in the U.S. but sales reached overseas markets as well.
Growth of Wyeth
• Primarily Acquisitions
• Licensing of new drugs
• General management style “Meet Your Numbers and we will leave you alone.”
Constant Obstacles1 •Product Delivery
2 •Non-Standardized data
3 •Regulatory procedures
4 •Physical distances
5 •Resistance to changes
COM
PETITION
Incentives towards Globalization
Business processes•Management style•“Local Thinking”
Product Delivery•Identifying enablers•Regulate Inefficiencies
Connect with Global Partners•Streamlined Reporting•Comprehensive data format for all members
Business Processes
•Introduce and facilitate ideas that leverage product development
Manager Workshop
•Promote globalization ideas to managersIntroduce global
thinking
•Create formal systems processes Establish global IT strategy
•Researching outsourcing strategies of current AS400 SystemsOutsourcing
Product Delivery
• Identification of inefficiencies among manufacturers and staff across world
• Explore IT as an enabler to deficiency problems
• Create a business solution model that benefits all company members worldwide
Connect With Global Partners
• Balance production across manufacturing facilities worldwide
• Establishment of Steering Committees• Implement an IT application System– JD Edwards was used extensively on AS400
systems worldwide
First Step
• “The Managers Workshop proved to be an excellent networking event for corporate leaders. Many ideas and processes introduced were similar in conform to ideas generated from other departments.”
Outcome of WorkshopNew motivation for key leaders
Many managers realized the important dynamics of enabling solutions to resolve business deficiencies
IT staff was reluctant due to the fact that most ideas proved too costly or non-beneficial to the Globalization effort.
Second Step
Establishment of Resource Service Centers (RCSs)
Resource Service Centers were established in every country where Wyeth affiliates were present
Henry Garcia integrated IT staff with business concepts
Information Manager/Relationship manager
Streamlined Reporting to Corporate IT
Key Reorganizations
IT MANAGERSBUSINESS
PROCESSESINFORTMATION
MANAGER
RESOURCE SERVICE CENTER (PRESENT IN EVERY REGION)
STEERING COMMITTEE
Third Step
• Establishment of Global Data Warehouse• Primarily used for business data exchange
– Present Software: SAP Corporate Enterprise• Accessible from all global affiliates
Global Data Warehouse
Europe
Africa
Middle EastAsia
North America
South America
Focal Point: Globalization, Standardization, and Integration
• Optimized business
procedures,
comprehensible to all
participating members
• Development of trust
• Inspiration to all
employees as “Global
Employees”