Roche

In: Business and Management

Submitted By Tekening
Words 14554
Pages 59
Harvard Business School

9-196-123
Rev. May 10, 2000

Bed Bath & Beyond
Strange as it may seem, there’s something romantic about housewares. Visit the giant Bed Bath & Beyond store in Manhattan on a busy Saturday and you’ll see all kinds of couples kissing and cooing as they discuss what size sofa pillows to buy or whether a certain set of burgundy towels will match their bath mats. It’s just one more bit of evidence that America has been in a cocooning mood the past few years. And few people have benefited more from this nest-building trend than Leonard Feinstein and Warren Eisenberg, who founded Bed Bath & Beyond in Springfield, N.J., back in 1971. After 14 fairly sluggish years in the business, the duo in 1985 started experimenting with large stores, running to 20,000 square feet and stacked to the ceiling with towels, curtains, bedspreads and housewares. Feinstein and Eisenberg haven’t looked back since. This year, with 49 of these superstores in operation, Bed Bath & Beyond is expected to ring up sales of $415 million, an increase of 35% from last year’s $306 million take. Earnings are expected to grow to $28 million, or 82 cents per share, from $21.9 million, or 64 cents last year. But questions are starting to be raised about how long Bed Bath & Beyond can keep up its heady growth. Some smart investors have been selling the company’s high-flying shares, and these sellers include Feinstein and Eisenberg themselves. Rising interest rates have been slowing housing starts and, one imagines, the demand for housewares, too. On top of all that, competition is looming from the likes of Melville Corporation’s Linens ‘n Things and a host of feisty upstarts. The stock market, however, shows little, if any, skepticism. It seems to be assuming that the company’s growth will continue at the current clip, and that’s a big assumption. Since Bed Bath & Beyond went public…...

Similar Documents

How Roche Diagnostics Develops Global Managers

...“How Roche Diagnostics Develops Global Managers” Assignment #5 Tammie Y. Harris Professor William Clampitt Human Resource Management Foundations – HRM500002VA016-1126-001 September 8, 2012 Discuss who is responsible for producing global leaders? Human Resource Department in my opinion has the responsibility also information from the text supports the fact. Human Resource have to plan, select, train, and provide a compensation plan for international settings to also include the global differences among countries that affect an organization’s decision about HR ineffective (Noe, Hollenbeck, Gerhart & Wright, 2011). In your professional field, explain the possible ramifications of not having global leaders. Not having anyone trained to go abroad ramification would cost an organization the opportunity to broaden their opportunity to the international level. Due to the variety of international activities that require managers need to understand HRM principles and practices prevalent in global markets would be the biggest obstacle (Noe, Hollenbeck, Gerhart & Wright, 2011). Roche’s Perspectives Program invests many resources to develop their global leaders. Based on the O’Toole chapter on public policy, the discuss possible changes that can be made in the U.S. to encourage companies to become global leaders. The Perspectives Global Accelerated Talent Development Program is a Roche Corporate program that has......

Words: 572 - Pages: 3

How Roche Diagnostics Develops Global Managers

...Mentee: A mentee is someone who believes in personal growth, takes thoughtful risks, and looks for advice and feedback from a more experienced professional. Mentees actively seek advice and guidance from a mentor, and are proactive in the mentoring relationship to ensure success in the partnership. |Mentee Data | |Date: December 4, 2012 | | |Name: LaWanda Pompey |Preferred Name: LaWanda Pompey | |Job Title: Human Resources Specialist |Corporate Title: | |Length of Industry Experience: 9 |Email Address: lawandap27@gmail.com | | |Phone/Mobile Number: 803.917.6840 | | | | | | | | ...

Words: 834 - Pages: 4

Case Memo of Roche

...Case Memo of Roche Group Members: Cai Aiyong, Gong Haoran, Song, Shizhong, Li Wei, Zhou, Wenjun 1. Why is Roche seeking to acquire the 44% of Genentech it does not own? From Roche’s point of view, what are the advantages of owning 100% of Genentech? What are the risks? (1) reasons and advantages are as follows: A. Genentech had become an important part of Roche’s business, representing 24% of Roche’s pharmaceutical product sales in 2008. Several of Genentech’s pioneering products achieved very strong market positions due to their medical differentiation, commanding high prices. Products originating from Genentech represented 46% of total sales of Roche’s 20 top-selling drugs on a worldwide basis. Avastin, for example, accounted for 14% of Roche’s total pharmaceutical sales in 2008. The market had many “me-too” drugs, which were similar in composition and treatment to existing products, and relatively little innovation. Given the lack of success in bringing new and innovative drugs to market, many pharmaceutical companies were also seeking to diversify from the prescription drug business by acquiring generic-drug companies. B. Genentech was increasingly coming into direct competition with Roche in several U.S. markets. In developing small molecular products, Genentech had begun to encroach on Roche’s traditional territory, while Roche was preparing to launch products in the U.S. that would compete with existing Genentech products. A merger of the two companies......

Words: 1671 - Pages: 7

Re: Ifrs vs Gaap-Roche Group(Group 3)

...DAVID (ZHENGDA) GUO 1000 Fulton Ave, Hempstead, NY 11549 Ÿ Phone: 516-754-5202 Ÿ Email: david.zhengda@gmail.com PROFILE M.S. Marketing candidate, strong communication, analytical and multi-tasking skills, adequate in social media marketing. To obtain an Internet marketing internship to gain experience in online analytics, social media marketing and SEO. EDUCATION Frank G. Zarb School of Business, Hofstra University ! Master of Science in Marketing ! • Hofstra MBA/MS Marketing Association - Event Management Officer • Hofstra Business Consulting Group - Associate Consultant Sept 2011 - May 2013 Long Island, NY Asia Australia Business College, Liaoning University ! Sept 2007 - July 2011 Bachelor of Business in International Business; GPA: 3.5 ! Shenyang, China • Art Department at Student Union - Head of Department: Led college team to 1st place in the university Art Contests • Instrumental Club - President: Organized & promoted three rock concerts (sold tickets in one), each attracted up to 200 people in the audience (full capacity) • Scholarship: First-Class Scholarship for 6 consecutive times; National Scholarship; HSBC Scholarship • Student Representative • National First Prize Winner, Semi-Finalist in 15th “FLTRP Cup” National English Debating Competition EXPERIENCE Asian Business Association - America (National Organization)! Oct 2011 - Present Senior President of Marketing! Long Island, NY Design short-term and long-term marketing plan for......

Words: 492 - Pages: 2

How Roche Diagnostics Develops Global Manager

...Discuss who is responsible for producing global leaders The global rotation program of the Roche Diagnostics is the main tool through which the global leaders, managers and directors are produced. In this program, the candidates are facilitated to perform some assignments in different parts of the world for six month period in each location. Through this global rotation programs, these people get a chance to nurture their cultural competence skills and communication upbringing and these things are of cardinal importance in managing any company. The candidates get a chance to work on different workplace environments like in New Zealand, America or Germany and thus their experience increases. The global rotation program is responsible for polishing the interpersonal skills of the candidates so they can manage different problems at the workplace environments (Noe et al, 2011). Candidates taking part in the global rotation program get a chance to communicate with multifarious and ethics kinds of societies that adds a great experience to their portfolio. Explain the ramifications of not having the global leaders The ramifications of not having the global leaders can be grave in professional domain. If the leaders will not be trained according to the traits of the global businesses then the organization will lack the vast exposure. The investments will be limited in the closed domain and the research work will not get open horizons. The lack of global leadership also fails to......

Words: 870 - Pages: 4

How Roche Diagnostics Develops Global Managers

...How Roche Diagnostics Develops Global Managers Seena S. Nelms HRM 500 Human Resource Management Foundations Dr. Sue Lowe December 16, 2012 How Roche Diagnostics Develops Global Managers 1. Discuss who is responsible for producing global leaders. With the constant advances in telecommunications and in the era of information technology, many companies have found it easier today to operate around the globe than they did twenty years ago. In order for organizations to attain growth, it is often necessary and profitable for  them to have centers in other countries. According to Noe (2011), there are “more and more companies entering international markets by exporting their products, building facilities in other countries, and entering into alliances with foreign companies” (p. 457). While these companies are building facilities in other countries, they will need new managers to run their operations in these facilities. And if the organizations don’t have enough leaders that have the required skills and capabilities and are willing to accept these important operating positions, it could put the company at a disadvantage in the global marketplace. As most global leaders will develop their skills through experience; it is ultimately the responsibility of the organization to produce global leaders. With global leaders developing their skills through the process of trial and error, it has become expensive and time-consuming; so......

Words: 1044 - Pages: 5

Read the Case "How Roche Diagnostics Develops Global Managers" on Pages 487-488 in Noe.

...Read the case "How Roche Diagnostics Develops Global Managers" on pages 487-488 in Noe. Please complete the case questions after the case. Note: These are not short answer questions. Feel free to cite outside sources to support your positions as necessary. 1. |    | Based on the description in the case and the definitions in the text, would you characterize Roche Diagnostics as an international, multinational, or global organization? Explain.Roche has elements of both multinational and global organizations. Since Roche has diagnostic headquarters in the U.S., Switzerland, and Germany, it operates as a multinational organization and global organization. Multinational organizations go overseas on a broader scale. They build facilities in a number of different countries as a way to keep production and distribution costs to a minimum. In general, when organizations become multinationals, they move production facilities from relatively high-cost locations to lower-cost locations.Roche falls in line with the definition of a global organization as well. Global organizations locate each facility based on the ability to effectively, efficiently, and flexibly produce a product or service, using cultural differences as an advantage. Rather than treating differences in other countries as a challenge to overcome, a global organization treats different cultures as equals. It may have multiple headquarters spread across the globe, so decisions are more decentralized. | 2. |    |......

Words: 1071 - Pages: 5

How Roche Diagnostics Develops Global Managers

...the job market through the years. He expressed a couple of good reason why it can be beneficial to encourage companies to become global leaders. He stated that “Do nothing to discourage the forces of globalization or to limit employer flexibility in the confidence that eventually American industry will find its comparative advantage in the international marketplace”(O’Toole, Pg. 203). It is also good to create global leaders, because of the great tax breaks that a company can receive if a job is planted overseas. Not to mention that the company’s expansion would allow more opportunities to develop global leaders. This will allow businesses to stand out and become more popular amongst competitors. In the absence of resources such as Roche has at its disposal of producing global leaders, describe how smaller organizations can address their global leadership development needs. Smaller organizations can begin to develop global leaders by encouragement and training. These companies should attract multicultural employee base that can aid in this successful project. The reasons why I feel that people of different cultures will benefit from this are; because they get to embark on new cultural experiences away from the parent company. Also, it is great to employ people that are from the actual international location to be able to help translate language and establish business. The best way to address global leaders development needs, would be good training. I......

Words: 1200 - Pages: 5

Mba Hr

...Monday, April 21, 2008 Roche vs CIPLA: The Rhetoric of Patent Busting Roche, a multinational pharma company and CIPLA, a generic manufacturer from India. CIPLA brazenly defied Roche's patent over an anticancer drug, Tarceva and went ahead and introduced a generic version at 1/3rd the price. It claimed that the patent ought not have been granted in the first place. CIPLA's counsel, Arun Jaitley argued very persuasively in court that Roche's drug did not meet the requirements of section 3(d), a unique section introduced into India's patent regime in 2005 to prevent a phenomenon widely known as "evergreening". Under section 3(d), derivatives of existing pharmaceutical substances would not merit patent protection, unless such derivative was more "efficacious" than the earlier existing pharma substance. The section was challenged by Novartis as being violative of TRIPS and of the Indian constitution CIPLA also stressed that since the price differential between the patented drug and the generic version sold by CIPLA was extremely high, "public interest" demanded that no injunction be granted in favour of Roche. In a remarkably sophisticated and well researched judgment, Justice S Ravindra Bhat of the Delhi High Court ruled in favour of CIPLA. The matter is now under appeal. Unless Roche is able to demonstrate empirically that CIPLA's lower prices for Tarceva (the lung cancer drug in issue) does not really translate to increased access to poor patients, it is difficult...

Words: 7301 - Pages: 30

M&a Case Roche

...Roche’s case analysis questions 1. Why is Roche seeking to acquire 44% of Genentech it does not own? From Roche’s point of view, what are the advantages of owing 100% of Genentech? What are the risks? Answer 1: The following are the advantages for Roche which will accrue by owning 100% of Genentech: * Genentech in the current form had become an important part of Roche’s business, accounting for 24% of Roche’s pharmaceutical product sales in 2008. Several of Genentech’s pioneering products had achieved very strong market positions due to their medical differentiation, commanding high prices. Products originating from Genentech represented 46% of total sales of Roche’s 20 top-selling drugs on a worldwide basis. For example, Avastin, which was the best selling Genentech drug accounted for 14% of Roche’s total pharmaceutical sales in 2008. * Biotechnology industry around that time was much smaller and less mature than the pharmaceutical industry, but was growing much faster rate. It generated $89.7 billion in revenues in USA along. Since Genentech along with Amgen were the dominant players in the sector, it could corner a major portion of this market. * Genentech was increasingly coming into direct competition with Roche in several U.S. markets. In developing small molecular products, Genentech had begun to encroach on Roche’s traditional territory, while Roche was preparing to launch products in the U.S. that would compete with existing Genentech products. A......

Words: 1638 - Pages: 7

Discuss How the Business Strategy Affects Information Systems and Organizational Decisions at Roche and How Information Systems Support Roche’s Business Strategy?

...DISCUSS HOW THE BUSINESS STRATEGY AFFECTS INFORMATION SYSTEMS AND ORGANIZATIONAL DECISIONS AT ROCHE AND HOW INFORMATION SYSTEMS SUPPORT ROCHE’S BUSINESS STRATEGY? Business strategy with information systems strategy and organizational strategy can form a Triangle. This triangle is known as the information systems strategy triangle and highlights the alignment necessary between decisions of business strategy, information systems, and organizational design. This means any adjustment to one of them will affect the other two. Organizational strategy, information strategy and business strategy must complement each other and they must be designed so that they support, rather than hinder each other. In successful companies the business strategy is the most important element in the “Triangle”. But to be a real success a firm must balance these three strategies: business, organizational, and information systems (Pearlson & Saunders, 2013). Business Strategy Organizational Strategy Information Strategy The Information Systems Strategy Triangle Business strategy should drive information system decision making, and changes in business strategy should entail reassessments of information systems. Moreover changes in information systems potential should trigger reassessments of business strategy. If a decision is made to change business strategy of the “triangle”, it is......

Words: 1755 - Pages: 8

Glaxosmith and Roche Holdings

...million common shares. Roche Holding AG will continue on implementing its high-end pharmaceutical stratagem in developing markets, persisting to emphasis on the exclusive, groundbreaking medications for which it is well known, relatively than pursuing to compete in the generic market. An advanced cancer drug such as Avastin can be very expensive with a price of $50 thousand yearly per patient. Even though prices differ from one nation to another, Roche will keep the price up considerably for developing markets such as China. Roche is launching their market in the Far East, succeeding its new SFDA approval. The establishment is recruiting salespeople to assist in selling the drug. Roche’s tactic is working pretty well. In Q1 of 2010, profits from global markets except the company’s fundamental markets of the US, Japan and Western Europe raised 27%, whereas industrialized nations documented merely single digit advances. According to The Opinion Leaders (2011), “Avastin, which was approved in the US in 2004, was the company’s biggest revenue producer”. Roche acknowledges that generics would be the firmest products in developing markets in the current world. These drugs are currently the utmost prerequisite in nations such as China, but Roche considers it will be gradually challenging for generic businesses to distinguish themselves over next several years. Therefore, Roche will maintain their focus on groundbreaking, patent-protected drugs. Roche is also pursuing......

Words: 762 - Pages: 4

Genentech Case Study

...Genentech case study In 2009, Genentech, a medical company, came up with a strategic plan on how to manage its clinical research and design processes. Genentech presented the plan to Roche, a company that acquired all publicly held shares of Genentech in the same year. Roche acknowledged Genentech’s strength in biotechnology for the provision of personalized medicine. Genentech recognized the weakness that arose from the clinical failure of Avastin as a cure for early stage cancer. One of the major reasons of Roche to acquire Genentech was an opportunity to own the rights of Avastin. Roche planned to rely on the Avastin as part of the company’s growth strategy. The main threat that Roche faced was introduction of new drugs to the market for cure of cancer. Strengths Genentech has exceptional expertise in biotechnology. The company is known for its exemplary performance in biotechnology. Roche believes that the expertise in biotechnology will create and sustain competitive advantage of Genentech to the lead in the personalized medicine industry (Rothwell 69). Weaknesses The major weakness of Genentech was the recent clinical failure in the trial of Avastin. In 2004, Avastin was certified to treat advanced colon cancer and other types of metastatic cancer. The drug worked by blocking a protein known as VEGF used by tumors to form blood vessels. Avastin failed the phase III trial, showing a major inefficiency in the drug. The negative results of the test caused a major......

Words: 1454 - Pages: 6

Roche

...Chapter 11 The Cost of Capital  Sources of Capital  Component Costs  WACC  Adjusting for Flotation Costs  Adjusting for Risk 11-1 What sources of long-term capital do firms use? Long-Term Capital Long-Term Debt Preferred Stock Common Stock Retained Earnings New Common Stock 11-2 Calculating the Weighted Average Cost of Capital WACC = wdrd(1 – T) + wprp + wcrs   The w’s refer to the firm’s capital structure weights. The r’s refer to the cost of each component. 11-3 Should our analysis focus on before-tax or after-tax capital costs?  Stockholders focus on A-T CFs. Therefore, we should focus on A-T capital costs, i.e. use A-T costs of capital in WACC. Only rd needs adjustment, because interest is tax deductible. 11-4 Should our analysis focus on historical (embedded) costs or new (marginal) costs?  The cost of capital is used primarily to make decisions that involve raising new capital. So, focus on today’s marginal costs (for WACC). 11-5 How are the weights determined? WACC = wdrd(1 – T) + wprp + wcrs   Use accounting numbers or market value (book vs. market weights)? Use actual numbers or target capital structure? 11-6 Component Cost of Debt WACC = wdrd(1 – T) + wprp + wcrs    rd is the marginal cost of debt capital. The yield to maturity on outstanding L-T debt is often used as a measure of rd. Why tax-adjust; i.e., why rd(1 – T)? 11-7 A 15-year, 12% semiannual coupon bond sells for $1,153.72. What is the cost of debt......

Words: 1135 - Pages: 5

Roche

...How Roche Diagnostics Develops Global Managers Lucinda P. Williams Strayer University Human Resource Management Foundation –HRM 500 December 6, 2011 Dr. William Clampitt How Roche Diagnostics Develops Global Managers 1. Discuss who is responsible for producing global leaders. The tasks of producing global leader is the responsibility of the organization, parent country, and the host country. Global organizations compete with a much broader group of companies than their domestic counterparts. They operate at the highest level of involvement in the global marketplace and must develop several strategies that are efficient and cost-effective. These organizations are flexible and compete by offering top products tailored to segments of the market while keeping costs as low as possible. They may have multiple headquarters spread throughout the world and have a decentralized decision making structure. The location of each facility is based on the ability to effectively, efficiently, and flexibly produce a product or service base using cultural difference as an advantage. Global organizations threats different cultures as equals, rather than challenges they have to overcome. This type of organization requires human resource management practices that encourage flexibility and are based on an in-depth knowledge of differences among countries (Noe, Hollenbeck, Gerhart, & Wright, 2011, p. 461). Global leadership is an important factor in future business success. The......

Words: 2964 - Pages: 12

Comédie Dramatique | More Details | 4X logo BMW 60mm Centre roue Embleme badge jante cache moyeux E46 E90 E60 E81 M