From a business perspective, the merger was expected to make Pfizer the world’s largest pharmaceutical company, would increase the company’s competitiveness, boost profit growth, and result in cost savings. It is obvious that this cost savings would come from reducing labor costs due to downsizing, and some employees would lose their Jobs and their income. This would also lead to negative effects on the local businesses that provide products and revise to these employees, and reduce the tax bases of the local communities.
We do not know whether the overall outcome for the consumers would be positive or not but we have to face the fact that many of the employees sati in fear of being let go. Analysis Mr… McKinley acted as required by the law: an employer must give notice if there is to be a mass layoff of local Jobs. When the merger was announced the memo was sent as required by the federal Worker Adjustment Retraining and Notification Act (WARN).
The process took long time. It is hard to quantify the impact that such uncertainty had on individual employees of companies. Employees were Just waiting to hear the news.
They were concerned about their future and a future of their Pfizer-Pharmacist Merger case By Geologist layoffs, but they did not know what exactly would happen and as the result they form negative feelings towards the merger and the company. It looks like the whole thing simply wore everyone down. Analysis manner? Did Mr… McKinley handle the Medicare situation and WARN memo in an ethical manner? I think Mr… McKinley did not handle the Medicare situation and WARN memo in an ethical manner did not. It appears that When the memo was sent, Pfizer they did not know what they were going to do and what the expected outcomes would be.
If they knew they must lays Off number of people, close sites, and transfer projects, they should have prepared a plan, taken all things circumstances into consideration and not drag it out in over a long period of time. Their idea perhaps was that the projects could be transferred from closed sites to the surviving ones in a gradual fashion, and that some key people might want to transfer also, but it did not work well. Pfizer as an ‘organizational citizen’ What is your opinion about how Pfizer is acting as an ‘organizational citizen? What have they done that has shown adequate or inadequate social responsibility?
I my opinion Pfizer did not act as a good ‘organizational citizen’. The management did not make an effort to inform the employees, to assure them, to address their concerns despite the fact that the concerns were obvious for quite some time. They promised not to not pull out of “Discovery,” and then they did. In retrospect, this looks like they were misleading the workers. Concerning the community, they did make an effort (an unscheduled visit) but it may appear that the “unscheduled” part was to avoid giving many people an opportunity to come to the meetings with prepared questions.
Mr… McKinley has also biblically put an emphasis on the responsibilities of the state of Michigan rather than discussing the company’s own responsibilities or proposing a joint action. Factors that should have been considered in Pfizer decision 3. What factors should have been considered in Pfizer decision to restructure their newly merged organization? What would you have done differently with regard to laying off employees? The organizational learning usually works for the competitive advantage of an organization.
Pfizer told people that they would take the best from each company. “Discovery’ research and development site was considered by many to be one of the most effective in the industry, yet Pfizer has chosen to halt the “Discovery’ site operations in downtown Kalamazoo. These actions may have been Justified based on the factors we don’t know about, but the way Pfizer handled the matter gives an appearance that the company was determined to cut costs at expense of organizational citizenship, good will with the local communities, and long term placement.
With regard to laying off employees, I would give more consideration to preserving the established R&D capacities, make a comprehensive plan of the transition and announce it to everybody affected, and work closely with the local political bodies to preserve the good will that was built prior to the merger. I would also organize the CEO visit to allow it to be a forum rather than a PR opportunity. This would mean announcing it ahead of time, giving the employees an opportunity to prepare the questions, openly address the concerns raised.
Many of these actions may hurt the financial bottom line. But this willingness to sacrifice some profits for makes a corporation a good organizational citizen. Applications of the theories, models, and concepts of organizational behavior to a place of work Describe how you might apply the theories, models, concepts to an organization where you have worked or have some knowledge of. I am proud to be working in the company which is one of the Canadian 100 top employers (Mediators Canada Inc. , 2014). The company promotes organizational learning by hiring and retaining knowledgeable individuals.
One of the competitive advantages of the company is free tuition for the employees. The company organization is actively engaged in activities intending to that benefit society and the environment. For example: the company recognizes the power as of a community to reduce waste footprint in a big way. We have recently introduced Zero Waste initiative was recently introduced. The company is working to support the sustainability commitment to be a leader in zero waste operations and to meet the aggressive targets of 70% waste diversion reduction by 2015.
The company supports a variety of local charitable initiatives every year. Community highlight are: he annual United Way campaign, the Annual Campus Community Bursary Fund, the Student Food Bank, the Multicultural Canada Conference, and the Spring Garden Sale for Student Bursaries (theist popular spring sale was initiated by a group of the employee volunteers), to name Just a few. The company organization participates in voluntary program by providing up to 5 paid days off to volunteers.
The company has introduced “Ethical training” program, with which helps keeping each employee informed about the ethical issues, while hopefully preventing errors in Judgment that cast a negative light on the company. In general, most of my coworkers will readily go an “extra mile” beyond the required Job duties. The employees will help and support each other in many different ways. They generally show genuine courtesy towards each other, and they pay attention to the interests of all stakeholders…. And there They is are always strive striving to be better as a worker and a person.
I would like to offer some observations about my employer that help illustrating the practical implementation aspects for the organizational behavior. First, the ideas for the initiatives described above may not have been obvious before they were implemented. Many of them were suggested by the employees, because the organization is seeking the input from the workers rather than reserving all the decision making for the managers. Seeking such input from those who are affected by the programs makes sense because they possess relevant information and have stakes in the outcomes. Second, many of these programs have obvious costs.
For instance, reducing waste requires effort and resources, tuition waivers are missed opportunities to collect more revenues, and paid days off for the volunteers increase the payroll obligations. But they also create great payoffs in other areas. For example, a very significant part of SF revenues comes in the form of donations from alumni and from the businesses. These businessmen and former students are not obligated to support the institution but they want to, and their commitments very much depend on their experience that the company’s attitude is excellent and the company’s vision is admirable.
Finally, many of these programs are really not exceptionally complicated. I would like to point out that they did not come about as a result of processing and analyzing large amounts of complex data. Rather, they reasonably clear situations. The benefits are there, but the costs are also clearly present, and willingness to accept some of those costs is a characteristic of a company that would become a good organizational citizen. Http://www. Compassionate. Com/national/ Insights and recommendations Conclusion In today’s world we are seeing an increase in mergers and acquisition.
Many would say this is good news as mergers usually occur when the economy is doing better, and some will say that they benefit the few making the deals over the boardroom. Yet, the irony is that most, if not all, mergers have led to mass layoffs. It would be nice f all of this these aspects were taking taken into consideration by employers, and if they make made an extra effort to make it less harsh on the effected affected employees. The case illustrates a situation when many aspects of good organizational citizenship may be neglected, or willfully sacrificed in the pursuit of the short term gains.
There is evidence for a trend of corporations moving toward accepting greater social responsibility in the last several years. For instance, Tim Minion (2012) discusses such trends as businesses accepting more responsibility all along their supply chain (including worldwide operations), the triumph of renaissance, greater emphasis on employee engagement, and sustainability efforts. If I were to advise a company, the following would be among my recommendations. Commit to pay attention to the employees input as much as possible.
Cite this Pfizer-Pharmacia Merger case
Pfizer-Pharmacia Merger case. (2017, Jul 20). Retrieved from https://graduateway.com/pfizer-pharmacia-merger-case-6265/