Qurat-ul-ainBBA IV

Mission statement

Layout

Mission statement Bosch and Indus Pharma Comparison of mission statementsBusiness strategiesComparison of mission statement with business strategies

Mission statement

A mission statement;

Guides the actions Should be simple

Should be built in goals

Mission statement

Incorporated in 1970

Jawad Chawla

10th largest

Incorporated in 1969

Saeed Jamil

15 th largest

Mission statement

Mission statements of Bosch and Indus pharma

Bosch

Bosch believes in QIQO (quality in quality out). We believe quality encompasses

every aspect of our lives. Bosch will pursue every option to continuously up-grade all its facilities (man, machine and material) to meet more than best in the country. Bosch is committed to complete

customer satisfaction through cost effective product and services of world

class quality and delivery to its customer requirements.

Its not what we do, its how we do it

IndusTo develop, implement and continuously

improve the integrated management systems in a culture of continuous

improvement which,

Directs the continual up-gradation for efficient and environment friendly

manufacturing technology

Measured all critical key performance indicators of major business processes in

terms of efficiency and effectiveness

Incorporates CGMP requirements as a unified system in all business processes

Mission statement

Mission statement of Bosch and Indus pharma (cont’d)

Promotes professional and flexible work environment, teamwork and innovation through employee participation and process ownership

Drive customer orientation at levels within the organization

Monitor and economize the cost of quality

Provides fair return to society, employee and stake-holders

Mission statement

1. Committed to customer satisfaction

Bosch: top 6 pharmaceutical industriesIndus: top 10 pharmaceutical industries

2. Economizing cost and quality

Bosch: 10th position (economical prices)Indus: 15th position (economical prices)

3. Committed to “world class quality”

Bosch: South-East Asia, Central Asia and Africa

Indus: Far- East Asia, Middle East and Africa

Comparison of Bosch and Indus mission statements

Mission statement

Business strategies

Mission statement

Business strategies

• Strategy or techniques

•Differs a firm from the other

Types of business strategies

Growth strategyMarket

penetration strategy

Price-Skimming strategy

Acquisition strategy

Types of business

strategies

Mission statement

Current business strategies of Bosch and Indus pharmaceuticals

• Market penetration strategyBosch

pharmaceuticals

• Acquisition strategyIndus

pharmaceuticals

Mission statement

Comparison of mission statement with business strategy (Bosch pharma)

Mission statement

Continuously up-grade all its facilities (man, machine and material)

Current business strategy

Up-gradation of facilities by;

a) 1200 employee

b) 5 plants (6th in process)

c) 15th Rank at the cheap selling products

mission statement

Comparison of mission statement with business strategy (Indus pharma)

Mission statement

Up-gradation of manufacturing technology

Current business strategy

Purchased 5 different foreign brands

2 Abbott3 Novartis

Mission statement

Conclusion