PRINCIPLES OF MANAGEMENT

Principles of Management

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Principles of Management

Introduction

Bausch & Lomb is an American company based in Rochester, New York, is one of the world's leading suppliers of eye health products, such as contact lenses and lens care products today. In addition to this main activity, in recent years the area of medical technology has been developed. Bausch & Lomb became well known because of its famous Ray-Ban brand of sunglasses, which was sold in 1999 to the Italian Luxottica Group. Today, the company employs about 13,000 people in 36 countries. The company was founded in 1853 by two Germans, John Jacob Bausch and Henry Lomb. In the early years, Bausch & Lomb manufactured revolutionary rubber eyeglass frames as well as a variety of optical products that required a high degree of manufacturing precision. By 1903, the firm had been issued patents for microscopes, binoculars, and even a camera shutter based on the eye's reaction to light.

History Of Bausch & Lomb

Bausch & Lomb has been developing high-quality, innovative products since the company began in 1853. By 1903, the company had patented microscopes, binoculars and a camera shutter based on the eye's reaction to light. As the 20th century progressed, Bausch & Lomb produced the first optical-quality glass made in America, developed groundbreaking sunglasses for the military, and created the lenses for the cameras that took the first satellite pictures of the moon. In 1971, Bausch & Lomb introduced the first soft contact lenses, and remains one of the largest global providers of eye care products. As the trusted leader in eye health, we have the heritage of discovery and the continuing commitment to technological innovation and knowledge sharing that brings eye health professionals and patients together to perfect vision and enhance life.

In the 1900's, Bausch & Lomb continued to demonstrate its place at the forefront of technological innovation for optical products. Bausch & Lomb produced the first optical quality glass made in America, developed ground-breaking sunglasses for the military in World War I, and created the lenses used on the cameras that took the first satellite pictures of the moon. Although products and times have changed, Bausch & Lomb still adheres to the legacy of dedication to innovation, quality, and craftsmanship established by John Jacob Bausch and Henry Lomb.

Diversification

Bausch & Lomb is committed to creating and maintaining a diverse workforce and providing an environment open to the expression of ideas, where diversity is valued and frankness is encouraged, and where creativity, innovation, teamwork, and receptivity to change are prized and rewarded. We achieve this with programs, policies and initiatives that enhance our talented professionals and build strategies to keep us on the cutting edge.

"Genuine workplace diversity addresses more than gender, race, age and sexual orientation; it encompasses diversity of thought, of experience, and of culture. As a multinational company serving a broad spectrum of consumers and customers, such diversity isn't just ideal; it's absolutely critical for embracing innovative viewpoints and ideas that are central ...