Organizational Culture
Polymedica Corporation is a fast-growing medical products and services company, well-known for its Liberty brand name that addresses the needs, mainly, of seniors suffering from diabetes and respiratory ailments. Since 1989, Polymedica has been continuously expanding product lines and services to these clients and operating through its three business segments, namely, Liberty Diabetes, Liberty Respiratory and Pharmaceuticals (Polymedica 2004). The company and subsidiaries' manufacturing, distribution and laboratory facilities are located in Massachusetts and Florida..
It has made a name as the leading direct-to-consumer provider of diabetes supplies and related products and services in response to the growing numbers of seniors who develop diabetes. Its own findings showed that the incidence of the chronic disease rose by 49% from 1990 to 2000 and trends indicate that it would continue to grow to 65% till 2050 (Polymedica). The findings also revealed that diabetes among the seniors increased from 18.4% in 1999 to 20.1% the following year alone.
Responding to this trend, the company combined a technology-based operating platform and its successful compliance management approach (Standard and Poor 2003) through its three business segments.
Its Liberty Diabetes segment offers testing kits, insulin, syringes and other products and services directly to Medicare-eligible clients who are unable to buy them at drug stores. Selling is done through contracted managed chronic care organizations (McLellan 2004), professional products and consumer health care markets. This segment is the busiest and most profitable, accounting for 76% of its 2001 fiscal revenues.
Its Liberty Respiratory section makes available respiratory medications and supplies to senior customers using nebulizer therapy in a simple, easy and reliable way (Polymedica). This is also the company response to the more than 16 million Medicare-eligible Americans who are afflicted...
Organizational Culture and Values The alignment of organizational and nurse values can affect nurse engagement, and therefore patient outcomes. It has been well-documented that in many instances workers and the organizations for whom they work can have conflicting values (O'Reilly, Chatman & Caldwell, 1991). This fit has been found to be a predictor of many things, including job satisfaction and organizational commitment. Nurses are no exception to this rule, so it
Organizational Cultures: Annotated Bibliography and Summary Annotated Bibliography Aronson, Z. And Patanakul, P. 2012. "Managing a group of multiple projects: do culture and leader's competencies matter?" Journal of the Knowledge Economy, 3(2): pp. Web. Retrieved from: LexisNexis Database. [Accessed on 21 May This article focuses significantly on how team culture within an organization is a pivotal factor that contributes to a team being able to successfully complete a project. A focus is made on
Organizational Culture Integrating culture and diversity in decision-making:The CEO and organizational culture profile. Historically, there are many definitions about organizational culture, which different literatures offer different definitions. The most popular definition is "the way a company does their thing around the company." In addition, organizational culture refers to the attributes of an organization, or in other terms, it is appropriate to link organizational culture as the right ways in which companies understand
This is the starting point. Here, the organization's mission and core values are developed to make sure they address all important issues of the organization Rosenthal & Masarech, 2003() The second step was communication whereby the Navy made sure all members of the organization were well aware of the mission and core values by hanging them in every corner of the organization. This made sure that nobody in the organization
Org Culture The scholarly website on organizational culture that is being reviewed is the Harvard Business Review, which produces content on a variety of business issues, among them organizational culture and mentoring. Within this website there are a number of articles, some of which were written for publication in the Harvard Business Review itself, and others of which were produced for the HBR.org blog network. The blogs are produced by experts
Organizational Behavior Terminology Organizational Culture and Behavior: Author Edgar H. Schein, professor of management at the Sloan School of Management, MIT, believes that organizational culture has in the recent past embraced themes from a number of disciplines, including sociology, social psychology, anthropology and cognitive psychology as well. And although all of these fields of study feed into today's concept of organizational culture, Schein asserts that organizational culture "has become a field
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