Amma Unavagam

Growth through CARS Initiatives Pfizer is the worlds largest and one of the near admired pharmaceutics companies with an income of about US $52 Ban in 2013. In 2001 when wry Hank McKinley took over as Chairman and CEO of the company, Pfizer was very stable and financially sound. It was poised to become the worlds largest pharmaceutical company with revenues doubling In the side by side(p) five years. But the CEO had other serious challenges to contend with.In solution to these challenges, Dry McConnell formulated a new mission of Pfizer to become the worlds most valued company not Just to Investors, patients and customers but also, to employees, partners and communities where we live and work. In line with this mission, Pfizer became the first pharmacy company and one the first collective in the world to sign up for support for the LINE globular Compact (UNC). UNC among other things envisages that businesses should 1. Support and respect the protection of internationally titl e human rights and 2.Uphold the elimination of discrimination in respect of employment and occupation. To sustain on his commitments to these principles of UNC, Dry McKinley created and launched Its The Global Health Fellows Program (GAFF) In 2003 down the stairs his personal oversight. Under this program, Pfizer would send their skilled employees to developing countries on bunco term assignments (2 3 months) to help Noose there build wellness and social infrastructure in communities ravaged by various dread diseases.These employees would transfer their professional, medical and business expertise to the Noose in such(prenominal) a way that the Noose would learn to promote more than in force(p) ingress to quality health services for the needy. Starting with mere 18 people in 2004, today over 300 Pfizer employees participate in assignments in 45 countries in partnerships with 40 international development organizations. realize shows that through GAFF initiative, the MONGO pa rtners gained expertise in capacity-building analysis, think and training that they couldnt otherwise afford.This helped them to set health trends and plan Interventions, enhanced their drug-trial competence helping them attract more western resources, and manage their programs intermit. International social cause as estimable corporate citizen. The Program became a personnel development tool. Returning volunteers came internal with new operational and business insights as well as better understanding of the companys stakeholder including patients, communities, medical professionals and MONGO etc around the world especially in emergent markets.This in turn contributed to better policy making and program planning including bringing better AIDS therapies to the market. This program also served as a valuable recruitment and retention tool. It also helped build better relationships with legislative and regulatory authorities. Interestingly, the success of the GHB Program enthused Pfizer to include reports of philanthropic access programs in their financial reports to the investors.