Johnson & Johnson

Johnson & Johnson

Overview Robert Wood Johnson inspired by a speech by antisepsis advocate Joseph Lister, joined brothers James Wood Johnson and Edward Mead Johnson to create a line of ready-to-use surgical dressings in 1885. The company produced its first products in 1886 and incorporated in 1887. Robert Wood Johnson served as the first president of the company. He worked to improve sanitation practices in the nineteenth century, and lent his name to a hospital in New Brunswick, New Jersey. Upon his death in 1910, he was succeeded in the presidency by his brother James Wood Johnson until 1932, and then by his son, Robert Wood Johnson II. Jamie Johnson, great-grandson of the founder, made a documentary called Born Rich about the experience of growing up as the heir to one of the world's greatest fortunes. Mission Statement Our Credo: We believe our first responsibility is to the doctors, nurses and patients, to mothers and fathers and all others who use our products and services. In meeting their needs everything we do must be of high quality. Company Profile

Type: Public Website: http://www.jnj.com Employee Strength: 122,200 Employee growth: 5.7% Sales 2006: $53,324.0M Yearly growth 2006: 5.6% Net income 2006: $11,053.0M Inc. growth 2006: 6.2% Chairman and CEO: William C. (Bill) Weldon CFO: Dominic J. Caruso VP Corporate Affairs: Brian D. Perkins

Internal Environment

1. Decentralized: in which divisions and affiliates were given autonomy to direct their own operations

2. Rise in the minimum wage

3. Improving conditions in factories,

4. Emphasizing business's responsibility to society

5. Giving respect to employees

6. Skill improvement programs for workers

Board of Directors

1. Mary Sue Coleman

2. James G. Cullen

3. Robert J. Darretta

4. Michael M.E. Johns

5. Ann Dibble Jordan

6. Arnold G. Langbo

7. Susan L. Lindquist

8. Leo F. Mullin

9. Christine A. Poon

10. Steven S. Reinemund

11. David Satcher