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Organisational Structure of Abbott Laboratories

Discuss Organisational Structure of Abbott Laboratories within the Human Resources Management (H.R) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Organisational Structure of Abbott Laboratories : Abbott Laboratories (NYSE: ABT) is a pharmaceuticals health care company. It has 72,000 employees ...

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Netra Shetty
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Organisational Structure of Abbott Laboratories - January 31st, 2011

Organisational Structure of Abbott Laboratories : Abbott Laboratories (NYSE: ABT) is a pharmaceuticals health care company. It has 72,000 employees and operates in over 130 countries.[3] The company headquarters are in Abbott Park, North Chicago, Illinois. The company was founded by Chicago physician, Dr. Wallace Calvin Abbott in 1888. In 2008, Abbott had over $29 billion in revenue.

In 1985, the company developed the first HIV blood screening test. The company's drug portfolio includes HUMIRA, a drug for rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, moderate to severe chronic psoriasis and juvenile idiopathic arthritis; Norvir, a treatment for HIV; Depakote, an anticonvulsant drug; and Synthroid, a synthetic thyroid hormone. Abbott also has a broad range of medical devices, diagnostics and immunoassay products as well as nutritional products, including Ensure, a line of well known meal replacement shakes, and EAS, the largest producer of performance based nutritional supplements.

Abbott's in vitro diagnostics business is a world leader in immunoassays and blood screening. Abbott's broad range of medical tests and diagnostic instrument systems are used worldwide by hospitals, laboratories, blood banks, and physician offices to diagnose and monitor diseases such as HIV, hepatitis, cancer, heart failure and metabolic disorders, as well as assess other important indicators of general health. Abbott Point-of-Care manufactures diagnostic products for blood analysis to provide health care professionals critical diagnostics information accurately and immediately at the point of patient care. Abbott also provides point-of-care cardiac assays to the emergency room.


CEO
Miles White
3
Director
William Smithburg
3
Director
Roy Roberts
5
Director
Roxanne Austin
3
Director
William Daley
8
Director
James Farrell
2
Director
Laurance Fuller
2
Director
Phebe Novakovic
Director
Lord Owen
3
Director
William Osborn
4
Director
Samuel Scott
3
Director
Glenn Tilton
3
Director
Edward Liddy
Director
Robert Alpern
CFO
Thomas Freyman
Development
RA
Diagnostics Products
EM
Legal
LS
Nutrition
HL
Medical Devices
JC
3
Pharmaceutical Products
Richard Gonzalez
Diabetes Care
HM
Diagnostics
BB
Established Products
MW
Human Resources
SF
International Pharmaceuticals
CA
Medical Optics
JM
US Pharmaceuticals
DP
2
Vascular
Robert Hance
Control
GL
2
Internal Audit
Thomas Dee
Diagnostic Sales, EMEA
JC
Public Affairs
CB
2
International Nutrition
Thomas Chen
2
U.S. Nutrition
SW
Vascular Solutions
CF
Pharmaceutical Manufacturing...
JL
Marketing & Services, Pharma...
MS
2
Pharmaceuticals, Research & ...
JL
Regulatory & Quality Science
MB
Government Affairs
EL

Wheelwright and Clark define scale executive structure among two boundaries; functional organizations are planned according to industrial regulation. Higher functional manager is responsible for apportioning assets. The accountability for entire creation is not owed to a solitary human being. Harmonizations occur all the way through system and events, thorough stipulation, shared customs between engineers and meeting. Thus, light-weighted matrix association remain functional and height of occupation is analogous to that establish in the practical mode. The position and influence puts value to the functional managers, since they have direct right of entry to functioning level community. The project members depart their functional subdivision and dedicate full time to the development, “share the same location. The professionals are less specialized and have brioader tasks, skills and responsibilities. The functional manager is responsible for the personnel development and the more detailed technology research in the functional groups”. Several companies can be classified into organization structures. For example, NASA developed a matrix management system for its space program because it needed to simultaneously emphasize several different functions and projects, none of which could be stressed at the expense of another. It found that traditional management structures were too practical, hierarchical, slow poignant, and inflexible. NASA's matrix solution overcame problems by synthesize projects, such as scheming rocket booster, with executive function, like staffing and finance. Most structure departmentalize, employment and other resource. Functional organizations are segmented by key functions. For example, activities related to production, marketing, and finance might be grouped into three respective divisions. Within each division, moreover, activities would be departmentalized into subdepartments. The marketing for example, might include sales, publicity, and support departments. The chief benefit of functionally structured organization is that there typically realize reasonably capable occupation of labor and are moderately easy for employees to understand.
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Business Education
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Re: Organisational Structure of Abbott Laboratories - June 9th, 2015

Hello Netra, thank you for sharing it. Here are some more information related to Abbott Laboratories.
Marketing Strategy of Abbott Laboratories
Distribution Strategy of Abbott Laboratories
Pest Analysis On Abbott Laboratories
SWOT ANALYSIS ON Abbott Laboratories
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