2.0
Aug 19, 2008
Recommend
Business Outlook
Pros
Prestigious history and reputation; good compensation; broadly based in health care; history of good leadership development (although this needs to be rebuilt); company practices philanthropy and gives back to the community. Excels at marketing, sales, and communications.
Cons
Current management has departed significantly from the Credo tradition especially in its treatment of employees; morale is suffering; performance is deteriorating especially in the pharmaceutical sector. Human Resources is in disarray. Lack of internal research and development capability; company tends to focus on acquisition rather than strategic partnership. A Darwinian approach to employees and career development is leading to a loss of key talent.
