article thumbnail

No Pain, No Gain. Life Lesson on Endurance

QAspire

He was a marketing executive with a large pharmaceutical company when he decided to pursue his calling and start a fitness center. “ You get almost nothing without going through some kind of pain, unless you win a lottery.”, replied the man who was himself a fitness freak. He neither had space nor money to start out.

article thumbnail

Recommended Resources – An Interview with Paul Leinwand and Cesare Mainardi, authors of The Essential Advantage

Strategy Driven

In 2006, Pfizer directly redeemed the value built by PCH by selling the business to Johnson & Johnson for an unprecedented US$16.6 Copyright 2007-2011 by StrategyDriven, Inc. It divested a number of personal care and confectionary lines (e.g., Schick razors and Trident) and acquired other products (e.g., billion, or 20.6

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Scaling: The Problem of More

Harvard Business Review

Back in 2011, in Citrus Lane’s first six months, its small founding team worked in a house and ate lunch together every day around a big table. We studied how Wyeth, the large Pharmaceutical firm (now part of Pfizer) made dramatic improvements in cost and quality across its manufacturing operation. After raising $5.1

article thumbnail

To Control Health Care Costs, U.S. Employers Should Form Purchasing Alliances

Harvard Business Review

The proportion of workers with HDHPs (deductibles of more than $1,300/$2,600 for an individual/family) increased from 6% to 22% between 2006 and 2018. Between 2011 and 2017, employees’ premiums and deductibles grew faster than their median income. Insight Center. The Future of Health Care.

article thumbnail

Using Supply Chains to Grow Your Business

Harvard Business Review

Compliance is crucial for pharmaceutical makers such as Abbott and Amgen – a “ Form 483 ” warning from an FDA inspector can shut down a drug facility in an instant and even land top executives in jail. In 2011, Havens’ collaboration with IBM procurement paid off, winning Havens four significant projects.

article thumbnail

U.S. Corporations Don’t Need Tax Breaks on Foreign Profits

Harvard Business Review

corporations responded by bringing back $299 billion in profits in 2005, compared with an average of $62 billion from 2000 to 2004 and a subsequent decline to $102 billion in 2006. Which brings us back to Pfizer, the pharmaceutical drug company that has provoked the new round of patriotic denunciations of corporate tax flight.

Hedge 8