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Glaxosmithkline (gsk) Operations Management

Essay by   •  January 3, 2017  •  Business Plan  •  6,449 Words (26 Pages)  •  1,899 Views

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                                                Operations Management[pic 1]

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Table of Contents

EXECUTIVE SUMMARY        

INTRODUCUTION        

About GlaxoSmithKline        

Effectiveness of the operations management of GSK        

The Input-Process-Output models:        

4Vs typology        

Quality Management Approaches        

Total Quality Management (TQM)        

Quality Management of GSK        

Recommendations        

Basic Phases of Project Management        

Project Management Capability in GlaxoSmithKline        

Change Management        

The Strategy to Implement both Project and Change Management at GSK        

Risk Management        

GSK bribery scandal 'highlights importance of reputation risk management'        

GSK's response to RISK Management - GlaxoSmithKline Supplier Risk Management with EcoVadis        

Lean Management - GlaxoSmithKline Production System (GPS) Lead (Lean Manufacturing/Operational Excellence) at GlaxoSmithKline        

Driving Lean from the Shop Floor        

Supply chain management is a priority for GSK as Brexit looms        

Cut the Diving Lawn        

Diving Insight        

Recommendation and Conclusion        

EXECUTIVE SUMMARY

The pharmaceutical industry is the hyper-competitive industry in the global market. In line with the challenges of the global pharmaceutical industry, companies that adopt strategies from 2001-2013 and are trying to restructure their strategies to maintain their competitiveness in a sustainable way. According to the definition of the Netherlands and include these adopted strategies "companies are moving to biopharmaceutical, expanding to generic drugs, and explore Animal Health, and the emphasis on the health of consumers. Diversification of the base of high margins and innovation "(Johnson et al., 2014 557).

This report aims to prepare analyzes such as strategic, VRIO, maja and the analysis of Porter's five forces to determine future strategic options for the company GlaxoSmithKline, known as GlaxoSmithKline, the British pharmaceutical company. The reader of this report can get an overview of the current strategic situation GlaxoSmithKline and proposes future strategic options with several recommendations.

INTRODUCUTION

About GlaxoSmithKline

Operations management is critical for survival grow and establish commercial companies and world-class business in this competitive era of globalization. Operations management refers to all activities of the organization and management of the Organization for the planning, design and control of the production process and other commercial operations for a higher level of efficiency in the organization. The main concern of the Director of Operations source is the maximum utilization of the resources of the organizations, which are the raw materials, labor and energy to create goods, services and value-added products

In order to demonstrate the practical use and the context of the theory of operations management, I choose GlaxoSmithKline (GSK) company based in Brentford, London. A British multi-national operating in various sectors such as pharmaceutical, biological, vaccines and other health drinks (GlaxoSmithKline, 2014).

This report poses for a critical assessment of the effectiveness of the current framework for the management of operations and the current approach to quality management GlaxoSmithKline. It will be offered the following recommendations on how to overcome the weaknesses that have been identified with the justifications and explanations.

Work strategy is the long-term planning to achieve the objectives. GSK has some strategies for running its business operations. These strategies determine how they will operate their work in a different position in the long term (Johnson and Scholes, 1999). These Strategies are ;

Diversification: To ensure growth, and plans to diversify products and services that always continues to grow. Diversification opens a new horizon for the expansion of your business and also maintains the balance (GlaxoSmithKline 0.2014). If the side of the work facing the challenges and then another branch can regain profits the year.

Provide superior: GSK value of an attempt to provide more value and superior all the time through continuous innovation and market research (GlaxoSmithKline 0.2014). Always upgrade your products to offer more value than your competitors.

Simplify: It is still to change the form and process so that they can reduce the complexity of operations and the other to be more effective and faster response to customers (GlaxoSmithKline 0.2014).

Responsibility in Business Administration: Responsibility is vital in this sector of the company when it comes to health and medicine (Coles, Christensen and L, 2002). GSK assumes its responsibility in all kinds of operations and is handled with great care all mater in offering the quality, according to the culture and the needs of the people.

Business strategies by GlaxoSmithKline, is very effective and responsible. It reflects the objectives and priorities of action. Simply put, they cover almost every aspect of business strategy. This also reflects the credibility, and the desire of the customers of them.

Effectiveness of the operations management of GSK

Management operations are little complex GSK. They work and produce different types of products under another section so it is difficult to analyze the effectiveness of the management of GSK operations (mahadeban, 2010). We will analyze the strengths and weaknesses of using different tools. These are described in the following:

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