It was my OB presentation on Thermo Fisher scientific ltd. We have covered journey of Thermo Fisher, Organisation structure, Organisation configuration, Organisation Design, Integrated Model, Relationship with Organizations, Culture etc topics.
4. Thermofisher
Thermo Fisher Scientific is multinational, Biotechnology product
development company (B2B)
Formed in 2006;After merger of Thermo Electron(founded in 1956)
and Fisher scientific(founded in 1902)
• They are in business of Manufacturing, Servicing, Biotech
Solution & application and R&D.
• We are focusing on their India's operation
• Operations in India:- Sales and Marketing
Servicing and maintenance
Logistics
Application Support
9. Mechanistic or Organic Design?
ThermoFisher has a mix of both the
designs. For operating such a huge
company, bureaucratic rules are
imperative. At the same time this
company which is driven by innovation
needs organic deign for flexibility and
innovation.
10. Strategy
• Differentiation Strategy
• Analyzer Strategy
• Global Strategy for standardize
products
• Multi-domestic Strategy for
marketing, sales and services
11. Measuring effectiveness
1. Goal Approach - Revenue
2. Internal Process Approach
- Globally no union
- No strikes
- Smooth well oiled internal process and good
communication
- Well connected with HR
- Use of SAP and LOTUS notes for sharing information
-Dept. activities are well linked with one another to ensure
high productivity
3. Strategic Constituents Approach
Key stakeholders are community, customers and employees
13. Relationship with Organizations
Resource Dependency Theory
Tie up:- Hitachi for manufacturing PCBs
(patented)Exclusively for TF
It has acquired no. companies in last few year
on whom it was depended.
17. Culture:
Culture: Formals, Open Cubical for all, walls with
picture of DNA and related information
Underlying values: Collaboration, Team Work,
Constant Change, Giving respect to all, Helping each
other, Ethical, High commitment towards work.
CSR
Ethics
Role model
19. ROLE MODEL
Embody the 4-I Values
Delight Customers
Communicate openly and honestly
Focus on growth
Champion employee development
20. Culture change And Thermofisher
LifeTech Co. : Acquired by TF in 2013
• Culture in LifeTech: Employees could spend longer
time with customers for service related issues even
when instruments are out of warranty and contracts,
but it is changed after Acquisition. Converts.
• Now TF is more focused on revenue
24. Size andThermo Fisher
• Global Employees: 50,000
• - Revenue of 17.1 Billion dollars for ‘ 13- ‘14
• - Giant Company but it has flavour of small
co.
- Formalization along with Decentralization
• A giant company with a mindset of a small
company
25. Work Place Technology andDesign
-Semi Automated plants
-Use of machines as well as human labour
-Small Batch production for instruments and large batch
production for consumables
Change Of Strategy with change in technology
• Started obsoleting capillary sequencer instrument
and its services to motivate sales of new technology
based next generation sequencers
(based on semiconductor chip for sequencing)
• Use of Lotus Note software for knowledge and
information sharing purpose as well as for tracking
employees daily activity.
