Genentech's Work Culture and Practices
|
|
ICMR HOME | Case Studies Collection
Case Details:
Case Code : HROB091
Case Length : 16 Pages
Period : 1976-2006
Organization : Genentech Inc.
Pub Date : 2006
Teaching Note : Available
Countries : USA
Industry : Pharma & Biotech
To download Genentech's Work Culture and Practices case study
(Case Code: HROB091) click on the button below, and select the case from the list of available cases:
Price:
For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Shipping & Handling Charges extra
» Human Resource and Organization Behavior Case Studies
» HRM Short Case Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Area Specific Case Studies
» Industry Wise Case Studies
» Company Wise Case Studies
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
Chat with us
Please leave your feedback
|
|
<< Previous
"Genentech's secret, anybody here (at Genentech) will tell
you, is its culture."1
- A Fortune article, in 2006.
"The vast majority of our employees are motivated to come
to work each day because they're making a difference in people's lives. Our
people know that there are patients out there who benefit from what we're doing.
This is a tremendous driving force for our culture and how our people think
about themselves and our work."2
- Louis Lavigne, Senior Vice President and CFO of Genentech
Inc., in 2004.
Genentech Recognized
|
In January 2006, Fortune, a prominent business magazine, published its annual
list of the '100 Best Companies to Work For' in the United States. Genentech
Inc. (Genentech), a major biotechnology (biotech) company, was ranked number one
on the list. It was the first time that Genentech had been ranked first on the
list, although it had featured on it for seven consecutive years since 1999.
Genentech's Chairman and CEO, Arthur D. Levinson (Levinson), said that it was
'humbling' to be recognized by a magazine like Fortune. Talking about the
culture at the company, he said, "We are a science-based company, and that is
our core. But the real job satisfaction for employees is when great science
becomes something that helps patients."3
|
|
Apart from Fortune, Genentech had featured on the 'Best Employer' lists of
other magazines like Working Mother and Science. In fact, Genentech had
featured as one of the '100 Best Companies for Working Mothers' in the
Working Mother magazine for fourteen consecutive years since 1992.
|
|
From the time it was set up in 1976, Genentech had nurtured a culture
that provided its employees with a great deal of freedom. Employees were
encouraged to derive enjoyment from their work, and to pursue projects
that interested them.
Consequently, they were able to direct their skills and knowledge toward
achieving Genentech's mission of "discovering, developing,
manufacturing, and commercializing life-enhancing and life-saving
medicines for patients with unmet medical needs," while working on
projects they were passionate about.4 |
Genentech's Work Culture and Practices
- Next Page>>
|
|
