Compare and Contrast the Leaders of Pfizer Pharmaceutical Company
Pfizer is one of the leading pharmaceutical companies in the world. The ability of the company to have a positive contribution to wealth creation in America makes it stand out in the business paradigm. The company not only focus on human pharmaceuticals but also on multiple aspects related to consumer healthcare, healthcare products as well as confectionery. Due to the ability to offer various elements, the company can raise a significant amount of revenue. Diversity is critical in every instance since it provides a broader scope regarding revenue collection. According to the various leadership experienced in the company, the focus has been on marketing with the company spending substantial amount annually. The approach is critical in fostering scalability as well as profitability. The essay compares essential leaders of the organization since they are behind its success and failure in various instances.
The top leadership in Pfizer plays a crucial role in its success. Therefore, it is imperative to have an exploration of the critical attributes depicted in these leaders. Comparing and contrasting these leaders illustrates the strengths and weaknesses that will foster further scalability of the enterprise. Ian C. Read is the overall manager in the premise. Ian is up to the task since he served as a Senior Vice President in a worldwide biopharmaceutical business. In the highlighted capacity, Ian managed to help in five global units. They include the Oncology, emerging markets, established products, specialty care as well as primary care. Just like Maslow’s hierarchy, Ian began at the lowest level possible serving as an operational auditor. The position was to serve his personal needs and enable him to grow to the level of self-actualization (Harrigan & Commons, 2015). Rising through the level takes time and requires the necessary skill, which Ian acquired along the way. Ian has the best educational background, with a B.Sc. in Chemical engineering. The accountants’ certification also adds to his credentials, which made him suitable for the position (O’down, 2014). Ian mostly depicted the visionary style of leadership that saw him rise through the various level and have a positive impact on the organization. He understood the vision of the company and that promoted teamwork. The directive part of the leadership style is also crucial in the instance since it enables Ian to have an oversight role while addressing various aspects of the organization.
Frank D’Amelio serves as the executive vice president. Moreover, he incorporates the roles of the business operations as well as the chief financial officer in the company. Frank serves various departments such as business development, finance as well as business operations (Anwar, 2016). Depicting a participating style of leadership enables Frank to minimize the possibility of conflict that can still compromise essential performance with the organization. Maslow’s outlines esteem needs as a significant contribution to success in leadership. Frank controls his ego, and that enables him to foster success within the organization. Just like Ian, he is visionary, which further promoted the success of the team.
Rod Mackenzie is also a significant leader focusing on the development as well as the advancement of various areas including metabolic disease as well as cardiovascular risks. The ability to serve in the portfolio strategy aligns with his visionary leadership style to foster the success of the organization, just like Ian. Nevertheless, Rod depicts aspects of participatory leadership to enable him to lead the investment Committee (Maak, Pless & Borecká, 2014). The main aim of the Committee is the ability to maximize all the returns related to research and development within the enterprise.
Another crucial leader of the team is Angela Hwang, who is the president of Essential Health. The position is demanding since she has to lead a global organization with outlets in over 160 countries. The department also deals with over 600 products, accompanying diverse personalities with different demands. The international portfolio makes it demanding and requires a collaborative approach to leadership, which Angela wholesomely articulates in her leadership approach.
Most leadership styles in Pfizer are the visionary style and participatory styles of leadership. The approaches enable the management to scale performance. Moreover, there is a drastic reduction of conflict, which contributes to the failure of any other organization. Pfizer has a global dimension and encompasses different realities as well as personalities. It requires leaders who can unite people and serve a common goal of prospering. As Maslow outlines, it is imperative to help in five key categories in every process. Every persona, at any given instance, will strive to be at the apex of the hierarchy. Even though every leader within the organization passed through every stage, they never placed their interest at the top, enabling them to serve the group in the best way possible. Having a sense of personal potential as well as self-fulfillment not only result in price but also especially motivates a person. Every leader at Pfizer is indeed motivated.
References
Anwar, S. T. (2016). Corporate inversions and mergers: The case of Pfizer. Global Business and Organizational Excellence, 36(1), 56-69.
Harrigan, W. J., & Commons, M. L. (2015). Replacing Maslow’s needs hierarchy with an account based on stage and value. Behavioral Development Bulletin, 20(1), 24.
Maak, T., Pless, N. M., & Borecká, M. (2014). Developing responsible global leaders. In Advances in global leadership(pp. 339-364). Emerald Group Publishing Limited.
O’dowd, A. (2014). Merger with AstraZeneca will create a scientific” powerhouse,” says Pfizer. BMJ: British Medical Journal (Online), 348.
