Codman Essay

735 words - 3 pages

TO:Professor Vasu RamanujamFROM:Tatsunori SasakiSUBJ:Analysis of Codman & Shurtleff, Inc.DATE:February 15, 2007! Johnson & Johnson relies on decentralized management system and its autonomous operating subsidiaries to compete in high-competitive health care markets. The planning and control system has benefits and detriments.The system creates a decentralized culture which is necessary for their success. The center of the control function is the Executive Committee comprising the chairman, president, chief financial officer, vice president of administration, and eight Executive Committee members with responsibilities for company sectors. In some ways, each subsidiary reports to a member of the Executive Committee. However, each company develops its own plans and strategies. In addition, those strategic plans remain fixed over a five-year period. Therefore, the managers are not only effectively delegated but also strongly accountable for their actions. They set their targets by themselves. Then, they move toward the goals based on their own decisions. So, there is no excuse for them to miss the objectives. That's why Roy Black states that decentralized management is "unequivocal accountability for what you do."Five- and Ten-year plans at Johnson & Johnson let them have long-term views and learning opportunities. It is in the fast-moving, complex, high competitive health care businesses. It is hard to make a prediction for the future and so the view point is likely to be short-tem focus. It might have adverse effect on long-term corporate performance. At Johnson & Johnson, however, each subsidiary has to develop a five- and ten-year strategic plan and use it as a guiding vehicle for short-tem profit plans and budgets. Its long lasting performance proves effectiveness of the system. Using the five- and ten-year planning concept, Johnson & Johnson requires managers to include in their plans an explanation of how and why their estimations have changed over time. This allows the company to adjust their thinking over time and to achieve ex-post learning. Tied with subjective and qualitative compensation systems, highly decentralized planning and control system at Johnson & Johnson enhance innovation within the company. The company delegate strategic planning to operating subsidiaries. It asks each subsidiary to report the plan and review the result with the corporate. By controlling output rather than process, it...

Find Another Essay On codman

Factors that Led to Northern Victory during the Civil War

2250 words - 9 pages and Richard Nelson. Current. Baton Rouge: Louisiana State UP, 1960. 93-113. Print. Robertson, James I. The Civil War. Washington, D.C.: U.S. Civil War Centennial Commission, 1963. Ropes, John Codman, and W. R. Livermore. The Story of the Civil War: A Concise Account of the War in the United States of America between 1861 and 1865. New York: G.P. Putnam's Sons, 1894. Print. Smith, Andrew F. Starving the South: How the North Won the Civil War. New York: St. Martin's, 2011. Print.

Design Trends In Architecture Essay

2250 words - 9 pages century saw a great deal of influence in terms of classical design. A classical revival had brought a return of emphasis on Palladian architectural motifs, which could be seen in large cities throughout the world, but especially in New York and Boston. In terms of interior design, Edith Wharton and Ogden Codman advocated a similar classical revival, which gave a sense of classical order to ornate interiors. (Severens, 85) Interior design at the

When the Bubble Burst

1539 words - 6 pages By the time I arrived state side from my second tour in the Middle East the housing bubble had already burst. I noticed a drastic change in the way that many of my friends and family were living. Several of my friends that worked in real estate had sold their boats and seconds houses. My own stock portfolio had lost a third of its value. My sister and her husband had defaulted on their home mortgage leaving them scrambling for a place to live. I

phase diagram

4456 words - 18 pages Introduction: Chemical equilibrium is a crucial topic in Chemistry. To represent and model equilibrium, the thermodynamic concept of Free energy is usually used. For a multi-component system the Gibbs free energy is a function of Pressure, Temperature and quantity (mass, moles) of each component. If one of these parameters is changed, a state change to a more energetically favorable state will occur. This state has the lowest free energy

Revolutionary Work of Art

1890 words - 8 pages Walter Benjamin emphasizes in his essay, “The Work of Art in the Age of its Technological Reproducibility” that technology used to make an artwork has changed the way it was received, and its “aura”. Aura represents the originality and authenticity of a work of art that has not been reproduced. The Sistine Chapel in the Vatican is an example of a work that has been and truly a beacon of art. It has brought a benefit and enlightenment to the art

Enlightenment Thought in New Zealand Schools

1594 words - 6 pages In this essay I will be looking at how the political and intellectual ideas of the enlightenment have shaped New Zealand Education. I will also be discussing the perennial tension of local control versus central control of education, and how this has been affected by the political and intellectual ideas of the enlightenment. The enlightenment was an intellectual movement, which beginnings of were marked by the Glorious Revolution in Britain

Psychological Egoism Theory

2240 words - 9 pages The theory of psychological egoism is indeed plausible. The meaning of plausible in the context of this paper refers to the validity or the conceivability of the theory in question, to explain the nature and motivation of human behavior (Hinman, 2007). Human actions are motivated by the satisfaction obtained after completing a task that they are involved in. For example, Mother Teresa was satisfied by her benevolent actions and

How Celtic Folkore has Influenced My Family

1587 words - 6 pages Every family has a unique background that influences the way they live and interact with other people. My parents, who emigrated from Ireland to the States with my three brothers in 1989, brought over their own Celtic folklore and traditions that have helped shaped the way our family operates and lives. One aspect of folklore that has helped shape my family dynamic is the Celtic cross—both its background and what role it has played in our lives

Julia Margaret Cameron

1406 words - 6 pages At a time when women were looked upon as being homemakers, wives, mothers and such the late 1850's presented a change in pace for one woman in specific. Photography was discovered in 1826 and soon after the phenomenon of photography was being experimented with and in turn brought new and different ways of photo taking not only as documenting real time, but also conceptualizing a scene in which an image would be taken. Julia Margaret Cameron will

Evaluation of School Improvement

1403 words - 6 pages The evaluation process should be progressive to incorporate overall planning, implement changes, which contribute to success. In order to focus on school climate and norms, the evaluation design must include the students, instructions, and outcomes to improve communication and building-level concerns to be address in this response. School Climate and Social Norms The school principal, other staff leaders, and personnel set the tone and the

Case Study: The Benefits of Animal Testing

1757 words - 7 pages Nine year old Amy has already had a rough start in life. She was born with an abnormal heart that hinders her everyday activities. Amy is unable to keep up with kids her own age because she often tires out easily. As a consequence, she has very little friends and is often alone. Amy is forced to take different medications everyday just to survive. Amy’s life consists of medicine, doctors, and constant hospital visits. However, Amy is due for a

Similar Essays

Diversity Paper

1571 words - 6 pages , religions, and so on. My company does not rule out against any of these groups because they bring people together. Codman Square Health Center encourages them and they encourage these groups to share with other people in the company. We have multicultural day which there are about 10 tables and people bring in different items from their country to represent it and then they show them off. They usually have information about the culture and life

Graphic Arts / Contextual Studies Essay: 'punch And Judy' Hand Puppet

1372 words - 5 pages Codman was one of the 1st to introduce these puppets to Liverpool. After learning puppetry skills from his father he travelled to the northwest in a horse-drawn caravan with a range of original puppets and a theatre. It was the custom in the early days to find traditional puppet shows in a market place and on Richard Codman's arrival in Liverpool, after approaching the City Council, was granted a primary site in 1860 - an open cobbled square

The Life And Works Of Edith Wharton

680 words - 3 pages whom were both governors of New York City, Wharton was expected to be and uphold the top tier of a wealthy high classed New Yorker. Wharton started out writing poetry and anonymously publishing it in the Atlantic Monthly in 1880. She married Edward Wharton in 1885. Edward was a Rhode Island banker who obviously is not in the same economic class as Edith but somehow won over her heart. In 1897, Wharton along with the Ogden Codman wrote a book based

Transitional Living Program Internship Essay

2758 words - 11 pages , Massachuessets (MA) 02124 detailed profile. City Data. Retrieved from MA.html. Ashmont Nursey School. Retrieved from YMCA Great Boston (2011.) Dorchester YMCA. Retrieved from Codman Square Health Center (2010.) Codman Square Health Center: Your good health shouldn’t wait. Retrieved from http