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THE DIRECTIVE MISSION:
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J&J Credo |
Directive Mission Check |
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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. We must constantly strive to reduce our costs in order
to maintain reasonable prices. Customers' orders must be serviced
promptly and accurately. Our suppliers and distributors must have an
opportunity to make a fair profit. We are responsible to the communities in which we live and work, and to the world community as well. We must be good citizens - and support good works and charities and bear our fair share of taxes. We must encourage civic improvements and better health and education. We must maintain in good order the property we are privileged to use, protecting the environment and natural resources. Our final responsibility is to our stockholders. Business must make a sound profit. We must experiment with new ideas. Research must be carried on, innovative programs developed and mistakes paid for. New equipment must be purchased, new facilities provided and new products launched. Reserves must be created to provide for adverse times. When we operate according to these principles the stockholders should realize a fair return. Source: www.jnj.com |
What: High quality products and services needed by doctors, nurses, patients, mothers and fathers. For Whom:
How:
Why:
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Over the years, Johnson & Johnson’s 50-year old Credo has received much
attention and acclaim. It is unique in that it puts customers first, and
stockholders last…yes, it does mention the stockholder! J & J apparently
understood that both putting the customer first and still paying attention
to the stockholder were essential elements of the firm’s enviable long-term
success.
The Johnson & Johnson Credo is a good example of a Directive Mission Statement in that it sets boundaries and gives direction and guidance. This one-page document outlines responsibilities in great detail in order to have them applied as part of the everyday J & J business philosophy. This was true in 1943 and is still true today. It is indeed a Directive Mission model that is worth emulation.
The J & J Directive Mission could have been slightly improved through the addition of a descriptor of the services that J & J will supply. To make this criticism clear, recognize that the people served by J & J obviously need health insurance, tax advice, office equipment, lawn mowers, etc. Hopefully J & J does not intend to develop or acquire and market these products and services with a Johnson & Johnson label as being consistent with offerings that are “needed by doctors, nurses, patients, mothers and fathers.”
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