Essays on Ethical Issues That Have Impacted Product Quality in Glaxosmithkline Case Study

Download full paperFile format: .doc, available for editing

The paper “ Ethical Issues That Have Impacted Product Quality in Glaxosmithkline” is a provoking example of the case study on management. Many companies thrive on the basis of the trust and professionalism that most clients have associated with them. Though ethics are a universal component of many companies, some of them are expected to pose a higher degree of professionalism than the others. Pharmaceutical companies are at the peak of these expectations. These companies are expected to adhere to very strict performance and professional ethics. The right-based ethical criterion applies to a very large scale in most of the businesses and the companies that operate in sensitive areas such as medicine (Mounira 2009, p.

125; Romila, Caldwell, and Dilip 2013, p. 3). However, sometimes it is found that most of these companies do not adhere to the ethical issues that are present in various cases. Most of them are profit-oriented and the cost-benefit analysis using an egotism approach is the design most preferred and adopted for implementation in most of these companies. This paper examines the approaches that one of the world’ s largest pharmaceutical companies, GlaxoSmithKline (GSK) uses when dealing with ethical issues and ethical concerns that have been brought up against this company.

It will be shown that the company has lost a lot of goodwill and trust amongst various clients in the various nations that it operates in. The ethical lapses that the company has been accused of will be looked into and various ways of ensuring that these ethical dilemmas are not repeated in the future will also be examined in this case. The company has been facing a lot of accusations from the public concerning that they have been selling potentially harmful drugs despite the fact that they knew that these drugs could have harmful side effects to patients. Part AThis section shows the journey that GSK has followed since its inception to finally grow itself into an internationally recognized brand.

With numerous mergers and acquisitions, the company has undergone a process of branding and rebranding to an extent that has given it the shape it is in today.

References

Ajmal et al 2011, ‘Role of Leadership in Change Management Process,’ Abasyn Journal of

Social Sciences, vol.5, no.2, pp.111-121

Amat, O and Gowthorpe, C nd, ‘Creative Accounting: Nature , Incidence and Ethical

Issues’, Retrieved from http://econ.upf.edu/docs/papers/downloads/749.pdf

Chew, MM, Cheng, JL and Petrovic-Lazarevic, S 2006, ‘Managers’ role in implementing

organizational change: case of the restaurant industry in Melbourne’, Journal of Global Business and Technology, vol. 2, no.1, pp. 58-65.

Darling, JR & Heller, VL 2009, ‘Organization Development in an Era of Socioeconomic

Change: A Focus on The Key to Successful Management Leadership’, Organization Development Journal, vol. 27, no. 2, pp. 9-26.

Gilley, A. (2005). The manager as change leader. Westport: Praeger

Hartman, L, DesJardins, J & MacDonald, C 2014, Business ethics: decision making for

personal integrity and social responsibility. (3rd ed) New York: McGraw-Hill

Holland, T 2013, ‘Nothing uniquely Chinese about Glaxo bribery case’, retrieved from

http://www.scmp.com/business/companies/article/1293460/nothing-uniquely-chinese-about-glaxo-bribery-case?page=all

Mounira, A 2009, ‘Ethical Investment and the Social Responsibilities of the Islamic Banks’,

International Business Research, vol. 2, no.2, pp. 123-130.

Pratley, N 2013, ‘GlaxoSmithKline should have seen the warning signs in China’, Retrieved

from http://www.theguardian.com/business/blog/2013/jul/24/glaxosmithkline-china-andrew-witty-corruption

Romila, P, Caldwell, L and Dilip, G 2013, ‘Financial transaction and fiduciary obligation:

Ethics, economics or commingled commitment?’ International Journal of Banking and Finance, vol. 9, no. 4, pp.1-27.

Ryan, AM, Schmit, MJ & Johnson, R 1996, ‘Attitudes And Effectiveness: Examining Relations

At An Organizational Level’, Personnel Psychology, Vol. 49, pp. 853-882.

Shobert, B 2013, ‘Why Glaxo’s China scandal needed to happen’, Retrieved from

http://www.cnbc.com/id/100923253

Schuster, CC 2005, “Change Management, Effective Leadership Behaviour and Corporate

Success”. Retrieved from http://tuprints.ulb.tu-darmstadt.de/599/1/Diss_Schuster-Cotterell.pdf

Sun, TQ 2009, ‘From Change Management to Change Leadership: A strategic perspective of

Inspiration’, Retrieved from

http://executive-balance.com/ChangeLeadershipPaper.pdf

Download full paperFile format: .doc, available for editing
Contact Us