Abstract
The Johnson & Johnson Company, which one of the highly admired publicly traded Companies in the US, engages in researches, develops, manufactures and sells of products in the field of healthcare. Its headquarters are in New Brunswick, New Jersey. It operates through the consumer, pharmaceutical and medical segments. The focus of the consumer segment is on products that are used in baby care, beauty, the health of women, oral care and wound care. The focus of the pharmaceutical segment is on areas that need therapy which include oncology, neuroscience and immunology. The medical devices segment, on the other hand, produces products which are used in surgery, diabetes care, eye care, orthopaedic and cardiovascular fields. Johnson & Johnson has sufficient resources to tackle the most pressing issues in the field of health since the number of companies it has in 57 countries exceed 250. The approximate number of employees in these companies is 120, 000. Often, the Company experiences an increase in annual sales, double-digit earnings and steady dividends. By working across various segments, Johnson & Johnson believes that it can continue growing and improve the healthcare field by focusing on the needs of the customers and emerging trends. As many types of research have shown, it is only a few companies that can match the standards of the Johnson & Johnson Company in all continents. This research paper will extensively focus on the Company’s analysis, whereby the overall organization of the Company and relevant issues that can affect the financial performance of the Company will be assessed.
TABLE OF CONTENTS
The Company’s history
The main products of the Company
The Company’s organizational assessment.
The present-day stock price of the J&J Company
The financial ratios of the J&J and an industry Comparison of these ratios
A SWOT analysis of the Johnson & Johnson Company.
J&J’s concerns about planning and budgeting.
J&J’s prospects
Recommendations
Conclusions
The project’s learnings
References
The Company’s history
The Johnson brothers, who include James Wood, Edward Mead, and Robert Wood Johnson, started the J&J Company over 125 years ago. However, the period between 1959 and 1973 marked the Company’s outstanding presence in the Pharmaceutical industry. Rumour has it that the three brothers drove their inspiration to create an entity that was to provide ready-made surgical dressings from an antiseptic advocate’s speech- Joseph Lister, in 1885. Robert Wood Johnson was the first president of the J&J. He worked throughout the nineteenth century in improving its sanitary practices.
In 1887, the incorporation of the Company occurred. A year later, the Johnson & Johnson designed the first kits for First Aid, which were used in treating railroad workers. The year 1894 marked the birth of the Company’s baby business as the J&J launched the maternity kits. The purpose of these kits was to make the process of giving birth is safe. The Johnson’s baby powder was produced in this year and was first used by Robert Wood’s baby. The Company made significant steps in the years that followed by creating products for sanitary protection and surgery. Till now, the Company continues to supply the same products.