SWOT analysis of novartis pharma
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Transcript of SWOT analysis of novartis pharma
Human Resource Management
HUMAN RESOURCE MANAGEMENT
Project SUBMITTED TO:
SIR .YASIR AFTAB FAROOQI
SUBMITTED BY:
Gulam Abbass 08011420-012
Group #2
MBA 2nd
UNIVERSITY OF GUJRAT
Human Resource Management
History
Novartis pharmaceutical is established in 1996.The history of Novartis traces back to three companies
Geigy Pharmaceutical Ciba pharmaceutical Sandoz pharmaceutical
Giegy whose origin goes back to the middle of the 18th century. CIBA founded around 1859and Sandoz established in 1886
In1970 CIBA and Giegy merged .the newly created CIBA-Geigy ltd and Sandoz continued to follow separate path for two and half decades
In1996 Sandoz and CIBA-Geigy joined to form Novartis pharmaceutical.
Head Office
Novartis International AGCH-4002 Basel
Switzerland
Tel: +41 61 324 11 11
Fax: +41 61 324 80 01
Head office in Pakistan
Novartis Pharma (Pakistan) LTD.15 West Wharf Road, Karachi 74000, Sindh, PakistanPhone: 9221-2313389 / 2316286 / 2313387 / 2313390Fax: 9221-2310241
Human Resource Management
Mission:
We want to discover, develop and successfully market innovative products to prevent and
cure diseases, to ease suffering and to enhance the quality of life.
We also want to provide a shareholder return that reflects outstanding performance and to
adequately reward those who invest ideas and work in our company.
Vision:
We want to discover, develop and successfully market innovative products to prevent and cure diseases, to ease suffering and to enhance the quality of life. We also want to provide a shareholder return that reflects outstanding performance and to adequately reward those who invest ideas and work in our company.
Sector Head
Farhan Baider Malik
15 West Wharf Road, Karachi 74000, Sindh, PakistanPhone: 9221-2313389 / 2316286 / 2313387 / 2313390Fax: 9221-2310241
Managers
Khalid Ashraf (National Sales Manager)
Moiz Haider (Brand Manager)
Zubair Ahmed (Training Manager)
Ali Imran (Human Resource Manager)
Moin Khan (Factory head)
Regional Sales Managers
Tuyyab Nazir LahoreMujeeb Alam MultanM Shakeel KarachiArshad Iqbal Islamabad
Human Resource Management
Zonal Sales Managers
Lahore
Muhammad Zeeshan AltafM. Sohail Aslam
Faisalabad
M. EjazQamer Shahzad Ali
Islamabad
Naveed BasheerIkram Ulah KhanM.Usman
Multan
Shahzad JamilGhazanfar Aziz GhauriQamar Zaman
Gujranwala
Abaid ur Rehman
Sukhar
Imtiaz SoomroAbdul Hameed
Karachi
Faizan Ur RehmanSyed Ather HussainAsif Ali Khan
Human Resource Management
Hyderabad
Jawaid JabbarSyed Shoaib HussainNaveed Farooque
Peshawar
Noorullah JanInayat Ullah Khan Afridi
Designation of contacted person
Ali Imran
ACCA, MBA (HRM)
(Human Resource Manager)
Phone: 9221-2313388 / 2316289
Fax: 9221-2310242
Human Resource Management
Company Competitors
Human Resource Management
PRODECTS CAC-1000 CAC 1000 Plus CAC 1000 Plus Pineapple VEG 20mg T DAY SPASMO CIBALGIN CALCIUM SAN. SYP.120ML TRIAMINIC SYP. 60ML TRIAMINIC SYP. 120ML TRIAMINIC-E SYP. 60ML TRIAMINIC-DM 60ML Triaminic Cold & Allergy Triaminic Cough Triaminic Chest Congestion Triaminic Cough, Cold & Fever TANDEGYL D TANDEGYL SYRUP NEO-INTESTOPAN 60 ml QALSAN MINT QALSAN MIX CALCIUM+VIT. C A50X10ML SANCOS TANDEGYL T-30 TANDEGYL-DS T-10 TANDEGYL INJ. A50X2ML LAMISIL CREAM LAMISIL SPRAY NEO-INTESTOPAN T 250 OPTALIDON T-200
Human Resource Management
SWOT ANALYSIS
Strengths
Market Leader Strong CNS image of Novartis Strong brand image-Heritage,
Valuation Strong rapport with KOLs High acceptance of carbamazepine as
an anti epileptic FDA approved Effective in multiple indications First line, first choice therapy
Weaknesses
Only one formulation is available No formulation for children Mostly under dosage is recommended Lack of resources to tap attractive
opportunities
Opportunities
High growth rate of the market More doctors particularly GPs are
diagnosing epilepsy High treatment gap Lot of potential in different indications
(PDN) New Molecules are high cost & with
low safety profile
Threats
High SoV of competition Increasingly high acceptance of
valproates Increased penetration of low cost
Generics in institutions Epival has many galenical forms Introduction of new molecules Compliance is low
Human Resource Management
WEAKNESSES
AND
THREATS
Weaknesses
Only one formulation is available No formulation for children Mostly under dosage is recommended Lack of resources to tap attractive
opportunities
Threats
Existing Threat: High Share of Voice of competition.
Increased penetration of low cost Generics in institutions
Rapid growth of below the line and direct to consumer advertising
Increasingly high acceptance of valproates
Epival has many galenical forms Potential Threat: Introduction of new
molecules Compliance is low Entry/exit into the Industry: Increase
in number of neuroscience competitive products. Consumers have been offered more and more choices.
Proposed Strategies
1. Formulation should be introduced for children and young adults.
2. Promotional Strategy to create awareness and increase mind share
3. Promote KOLs to increase the number of patients
4. Optimize the loyalty base of Tegral users
5. Switch Epival users to Tegral 6. Low dosage range extension should be
introduced7. In regions other than Karachi, Lahore
and Peshawar, distribution should be made more extensive to increase availability. More agents should be contacted
8. Management should strategize their aims to retain their sales force through benefit planning and incentives.
Human Resource Management
WEAKNESSES
AND
OPPURTUNITIES
Weaknesses
Only one formulation is available No formulation for children Mostly under dosage is recommended Lack of resources to tap attractive
opportunities
Opportunities
High growth rate of the market More doctors particularly GPs are
diagnosing epilepsy High treatment gap Lot of potential in different indications
(PDN) New Molecules are high cost & with
low safety profile
Proposed Strategies
Conduct seminars and workshops to train GPs about Epilepsy and the usage of Tegral.
Treatment gap should be reduced by awareness programs in rural areas.
Cost - plus pricing should be practiced for new molecules exposures and regulations for safety should be enhanced
Local firms desirous of export but lacking necessary export structure
Human Resource Management
STRENGTHS
AND
OPPURTUNITIES
Strengths
Market Leader Strong CNS image of Novartis Strong brand image-Heritage,
Valuation Strong rapport with KOLs High acceptance of carbamazepine as
an anti epileptic FDA approved Effective in multiple indications First line, first choice therapy
Opportunities
High growth rate of the market More doctors particularly GPs are
diagnosing epilepsy High treatment gap Lot of potential in different indications
(PDN) New Molecules are high cost & with
low safety profile
Proposed Strategies
Capitalize on strong CNS franchise – build further rapport with KOLs
Patient Evaluation Programs: For KOL Development
KEEP (Key Experts Evaluation Programs)- Painful Diabetic Neuropathies for 30 Physicians
BOC - 2 Programs for 30 Doctors each for PDN
Epilepsy Project
- CME Programs for Family Physicians (Epilepsy)
- Epilepsy Camps (28 camps organized so far)
Neuroscience Summit: Patient Evaluation Program for major Brands of Neuroscience, Total 35 Top KOLs from Neurology & Psychiatry
Human Resource Management
STRENGTHS
AND
THREATS
Strengths
Market Leader Strong CNS image of Novartis Strong brand image-Heritage,
Valuation Strong rapport with KOLs High acceptance of carbamazepine as
an anti epileptic FDA approved Effective in multiple indications First line, first choice therapy
Threats
Existing Threat: High Share of Voice of competition.
Increased penetration of low cost Generics in institutions
Rapid growth of below the line and direct to consumer advertising
Increasingly high acceptance of valproates
Epival has many galenical forms Potential Threat: Introduction of new
molecules Compliance is low Entry/exit into the Industry: Increase
in number of neuroscience competitive products. Consumers have been offered more and more choices.
Proposed Strategies
Build further rapport with KOLs Exploit on strong CNS franchise Patient Evaluation Programs should be
conducted for KOL Development Own distribution structure of Tegral,
measuring highest in clinical evaluation, effectiveness & safety
Summits of KOLs for top brands in neuroscience to increase share of voice
Focus to minimize substitution. More Focus on RMOS Better Awareness of Epilepsy Project Refine Advertisement media More sustained branding Powerful message delivery Monitor promotion in different
indications
Human Resource Management
Suggestions
They should provide proper training to employees so that they can easily understand the current technology.
They should organize some seminars.
HR should interact with labor as well as office staff.
HR should look after the problems of each employee and try to solve according his own experience.
They should provide some extra facilities such as bonuses, increments, visits to outside country so that they don’t think switch off.
HR should develop ethical practices. For this purpose they should set some rules and regulations.
Right person for the right job.
Looking for better ways of working after results in new ways of doing things.
HR manager must be prepared to train employees in the new process and help them train new level that may be associated with the “new. Improved” operations.