Diversity at Novartis Essay -- Novartis Diversity Strategy

Diversity is vital to the success of todays business model. Companies delicate and large have demonstrated benefits from an economic standpoint as well(p) as talent management perspective. Canas & Sondak outline four pillars of change infallible for a successful program. These pillars are described as demonstrate leaders support, engage employees as partners, integrate diversity with management practices and railroad tie diversity goals to business goals (Canas & Sondak, 2014). Novartis as a global company validates the guess to lead diversity within its organization. Company ProfileNovartis is well cognise as a pharmaceutical company and emerging healthcare solutions provider. It is pursue in the research, development, manufacture and marketing of branded drugs, generic pharmaceutical outputs and impediment vaccines, diagnostic tools and consumer health results (Novartis AG, 2013). Novartis is uniquely positioned with a wide breadth of product offerings under one umbrella providing innovation and a diversified product offering to the marketplace. Its competitors are GlaxoSmith Kline, Bayer, Eli Lily, Merck & Co. and Johnson and Johnson to name a few. A big participant in the field, Novartis has annual revenue of 57.9 billion. The company is headquartered in Basel, Switzerland and employees approximately 136,000 associates and operates in more than 140 countries around the world (Novartis yearly Report, 2013). Novartis was created in 1996 through with(predicate) the merger of Ciba-Geigy and Sandoz. Geigy started in 1798 selling dyes, chemicals and drugs of all kinds. In the meantime a competitor in the marketplace, Alexander Clavel is producing and selling his silk dyes which eventually emerge as Ciba (Chemical Industry Basel). S... ...and Inclusion a Priority. Profiles in Diversity ledger, 14(2), 52Novartis Annual Report (2013). Retrieved from http//www.novartis.com/investors/financial-results/annual-results.shtmlNovartis Company History (2013). Retrieved from http//www.novartis.com/about-novartis/company-history/index.shtmlNovartis Diversity and Inclusion Report (2012). Retrieved from http//www.novartis.comNovartis AG SWOT Analysis. (2013). Novartis AG SWOT Analysis, 1-8.Novartis Foundation (2013). Biography of Daniel Vasella. Retrieved from http//www.novartisfoundation.org/platform/ nub/element/298/cv_daniel_vasella.pdfRoyal, M. A., & Stark, M. J. (2006). Why some companies excel at conducting business globally. Journal of Organizational Excellence, 25(4), 3-10.Waltmann, F. (2013). East Meets Best Developing Novartis Talent in Asia. principal(prenominal) Learning Officer, 12(6), 68-72.