Strategic Management Plan - Control and Evaluation Methods for Johnson&Johnson

Running Head: COMPANY SELECTION PAGE 01

Company Selection

Vanessa Kinney

Rasmussen College

Author Note:

This paper is being submitted on January 3, 2017 for Management Capstone B498

COMPANY SELECTION

I chose Johnson & Johnson for my project; the company continues to stay a widely-based health care enterprise. A company that is a truly unique position capture and develops opportunities that can help individuals all over the world. The organizations medicinal, biologics, devices, diagnostics as well as the customer business, they possess the facts to bring new and necessary health care solutions to the population. The fundamental strategic direction set by the company management team with suggestions and assistance of the Board of Directors. These strategies are then implemented locally at over 275 operating organizations that are placed all over the world. This company is a business that is systematized on the belief of regionalized management. Management that has been with the enterprise for a long time are in charge of their strategic plans.

I selected this company because Johnson & Johnson does not believe in micromanaging every one of its managers. The company allows its senior executives to make their decision, based on the locations problems. It shows that the company believes in independence and letting its senior management make decisions on their own. Not everything is picked apart by Administration, which allows for a better learning experience when there are mistakes; it also gives managers a chance to see what they are capable of while working for this organization.

References:

Johnson & Johnson, Strategic Planning Process, Johnson & Johnson.com

http://www.investor.jnj.com/governance/strategic-planning.cfm