Genentech is an organization which has roots of success and leadership attached to its name. The organization today stands on its long term of efforts and hard work of the employees and teams of scientists. The following paper discusses a few aspects of the organization including its strategic analysis and stakeholders and how the organization has incorporated technology into its processes. The paper also discusses the factors which contribute to motivation of the employees.
Executive Summaryii
Introduction1
Chapter 1: Overview1
Historical Background1
Mission and Goals2
Vision of Genentech3
Goals and Objectives4
SWOT Analysis4
Strengths4
Weaknesses5
Opportunities5
Threats6
CEO of the Company and his leadership qualities6
Chapter 2: The five force model and the macro environment7
The Five Force Model7
Entry7
Buyer Bargaining Power7
Supplier Bargaining Power8
Substitutes8
Rivalry8
Changes in the Macro environment9
Implications of going global9
Chapter 3: Competitive Advantage10
Competitive Advantage in the primary industry10
Generic blocks of competitive advantage10
Efficiency10
Quality11
Innovation11
Customer responsiveness11
Adapting to changing industry conditions12
Chapter 4: Efficiency13
Not Outsourcing13
Business Process Management13
Lean process improvement14
Big Data14
Strategic partnerships14
Chapter 5: Product differentiation and Market Segmentation15
Marketing Strategies and Product Differentiation15
Market Segmentation16
Advantages and Disadvantages associated with Genentech's Strategies16
Limited Liability16
Tax Treatment16
Everlasting16
Costs16
Documentation17
Strengthening the competitive advantage17
Chapter 6: Strengthening of the Business Model18
Chapter 7: Technology20
Technical Standards21
Attributes of the customers21
Chapter 8: Business Internationally and Locally22
Chapter 9: Relationships23
Chapter 10: Entering the industry23
Chapter 11: Stakeholders and the CEO24
Main stakeholders24
Performance of the CEO24
Strategic decisions25
Chapter 12: Employees26
Number of employees26
Authority and responsibility26
Company's culture26
Motivational factors26
Final Questions28
Conclusion28
References29
Genentech
Introduction
Genetech Inc. is a famous and renowned biotechnology company which was founded in the year 1976. Genetech has been listed as number one company by Fortune Magazine as of 2006. The company has maintained to remain in the list for 15 years in a row at number one. It however dropped to the second place in 2007, at the fifth place in 2008 and so on. It has also been known as the best company for working mothers. The ComputerWorld Magazine ranks the company to be the best employer to work with. Genentech has worked hard for long to capture a strong brand reputation and maintain a successful position in the market. Solutions to patient illnesses and their health problems is what which drives the company to excel in everything it does. The following paper discusses the many aspects of the company along with its marketing strategies, how it has been making systems efficient to gain competitive advantage and how Genentech looks for ways for strengthening its business model to maintain visibility in the market. The paper also talks about the importance of technological advancements in the industry and how Genentech aims to remain successful by adopting new technologies and other forms of innovation by delivering best to its customers.
Chapter 1: Overview
Historical Background
The corporation was founded in the year 1976 by Robert Swanson who was a venture capitalist and Dr. Herbert Boyer. The company belongs to the biotechnology industry. Boyer is known as the pioneer in the field of DNA. Genentech today employs 11,000 people. Today, Genentech is owned by a Swiss global company after it purchased Genentech for $46.8 billion dollars in 2009 (Lorette, 2013). The corporation is known worldwide as a market driven organization whose history is followed by various changes and innovations ...