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    Making Local Knowledge Global

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    Milind Kasi
    The document discusses Lexington Labs, a decentralized pharmaceutical company founded in 1981 that saw $1 billion in sales in the 1990s across 60 offices in 12 countries. While the decentralized structure initially provided advantages, changes in the healthcare industry and a lack of information sharing between regional offices caused internal problems for the company. The preferred solution is a policy that encourages knowledge sharing across borders through staff rotations, incentives, and effective use of email, rather than fully centralizing the organization.

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    Making Local Knowledge Global

    Uploaded by

    Milind Kasi
    399 views9 pages
    The document discusses Lexington Labs, a decentralized pharmaceutical company founded in 1981 that saw $1 billion in sales in the 1990s across 60 offices in 12 countries. While the decentralized structure initially provided advantages, changes in the healthcare industry and a lack of information sharing between regional offices caused internal problems for the company. The preferred solution is a policy that encourages knowledge sharing across borders through staff rotations, incentives, and effective use of email, rather than fully centralizing the organization.

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    The document discusses Lexington Labs, a decentralized pharmaceutical company founded in 1981 that saw $1 billion in sales in the 1990s across 60 offices in 12 countries. While the decentralized structure initially provided advantages, changes in the healthcare industry and a lack of information sharing between regional offices caused internal problems for the company. The preferred solution is a policy that encourages knowledge sharing across borders through staff rotations, incentives, and effective use of email, rather than fully centralizing the organization.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    399 views9 pages

    Making Local Knowledge Global

    Uploaded by

    Milind Kasi
    The document discusses Lexington Labs, a decentralized pharmaceutical company founded in 1981 that saw $1 billion in sales in the 1990s across 60 offices in 12 countries. While the decentralized structure initially provided advantages, changes in the healthcare industry and a lack of information sharing between regional offices caused internal problems for the company. The preferred solution is a policy that encourages knowledge sharing across borders through staff rotations, incentives, and effective use of email, rather than fully centralizing the organization.

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    MAKING LOCAL KNOWLEDGE GLOBAL

    DEEPAK KATARIA MILIND KASI

    SUMMARY
    Lexington labs Founded in 1981 by 3 doctors and an MBA David Martin, COO from past 6 years Decentralized structure Changes in health care industry

    CONCEPTS THAT CAN BE APPLIED


    ANSOFF matrix PEST analysis Decentralization Concept Communication flow in an organization

    QUALITATIVE DATA
    Decentralized structure Government Regulators Generic Drugs Reimbursements Cost-effectiveness, product efficiency, etc.,

    QUANTITATIVE DATA

    $1 Billion Sales in 1990s 60 offices 12 countries

    PROBLEMS

    Internal problem
    Due the decentralized system, everybody are concerned with their own region, lacking information sharing across borders.

    External problem
    Changes in rules and regulations of health care industry

    ALTERNATIVE ACTIONS
    Centralized System. (Or) A system which encourages and facilitates the flow of knowledge across the borders without being centralized system.

    PREFERRED ACTION
    Policy formulation which helps in bringing all country heads together. A system which encourages and facilitates the flow of knowledge across the borders.

    Deputation of one country head to another country for a fixed tenure. Incentives, if performed well in the other countries.

    Proper use of the global e-mail system which has been implemented.

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