Glaxo Wellcome's curious chemistry: after Glaxo's swiftly executive takeover of pharmaceutical giant Wellcome, it gave itself 100 days in which to mould the two sprawling operations into a pruned and productive whole
Article Abstract:
Glaxo's successful bid fo Wellcome made it the largest UK company by market value and gave it a little over 5% of the drugs market. The company set itself 100 days for integration and has made sweeping changes including the restructuring of its R&D facilities and the closing of Wellcom's Beckenham R&D site. It has reduced R&D staffing levels to 9.700 from 11,500 worldwide and nearly 70 projects have been scrapped. The annual R&D spend will remain with more going on links with specialist external research bodies and increased automation. Everyone in the company was kept informed about the integration through literature, videos and letters.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1996
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Today's news, tomorrow's company: for an organisation whose first employees were pigeons, Reuters hasn't done too badly. An uncompromisingly long-term approach has transformed it from wire services into the world's biggest provider of electronic information
Article Abstract:
Reuters has seen turnover increase almost 600% since it was floated in 1984 and it is predicted to generate sales of over 2 billion pounds sterling in 1995. The company the largest provider of electronic information in the world and it provides news and market data to over 280,000 terminals throughout 149 countries. The on-line information market is predicted to reach 4.8 billion pounds sterling by the turn of the century, and Reuters already has a large propotion of the business. Its income from electronic trading has increased 142% over the past five years.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1995
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The charge of the heat and light brigade
Article Abstract:
There is a wide range of choice of energy suppliers, services and terms of payment and many major companies appoint energy managers specifically to look after their heat and power requirements. Smaller operations often use energy cost analysts and buyers to negotiate on their behalf. Most will have made significant savings in energy and further savings should be expected.
Publication Name: The Director
Subject: Business, international
ISSN: 0012-3242
Year: 1995
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