Академический Документы
Профессиональный Документы
Культура Документы
Group Members
Hardik Gandhi Roll No. 8
Sneha Mhatre Roll No. 19
Kingslin Nadar Roll No. 21
Sandeep Nair Roll No. 23
Sumit Panjwani Roll No. 26
AGENDA
About the Company
Mr. Clateo Castellini and his
concerns
SWOT Analysis
Issues
DRBC Model
Key Takeaways
equipment.
world
Market Leader
Diabetes-care
devices - 80%
Pharmaceutical
systems 70%
Hypodermic
syringes 50%
BD Medical
BD Diagnostics
BD Biosciences
HIS CONCERNS
Improvement in BDs financial performance
Foresee long term goals
Achieve strong performance after crossing 100th year at BD
His main objectives
- Global perspective
Becton Dickinson as best managed & admired company
Becton Dickinson a company known for eliminating suffering & death from disease in the world
SWOT ANALYSIS
Strength
Solid, Long standing reputation within
industry
Largest producer of medical syringes,
needles & tissue collection devices.
Largest supplier of hospital laboratory
instrumentation
Weakness
Lack of standardized ethical procedures
Employees looking for greater guidance
from top management regarding ethical
practice to follow
Going through a stressful time of
ambitious growth that presents
challenges
SWOT ANALYSIS
Opportunities
Build on existing relationships with
customers and vendors worldwide
Aging populations throughout the
industrial world
New Emerging markets in China &
India
Threats
Increased competition within industry
Cultural differences and challenges
worldwide
Cope with complex legal & regulatory
environment
Dynamic & fast changing market
ISSUES
BD being an ambitious company needed new customers
Difficulty distinguishing between normal and acceptable or improper and unlawful payments
Ethical Challenges -
- A prospective customer wanted to go to training in California and visit Disneyland later with his family
- A purchasing official wanted a 2% processing fees in cash before placing the order
- A purchasing official of a new company wanted computer equipment's and refrigerator as donations
ISSUES
Paul McAuliffe, Director of Ethics and Business Practices knew employees needed guidance on such
issues.
DRBC MODEL
Duties
Rights
Best
Practices
Commitment
DRBC MODEL
Duties
Ensure best quality of medical products & equipments
Involved in advanced research, discovery of new drugs & vaccines
Legally obligated to act in a socially responsible manner
Refrain from frauds
Protect human health & safety
Business should respect, protect, and make efforts to restore the environment
Increase its shareholder wealth
DRBC MODEL
Rights
Consumers :- to get best quality medical products
Shareholder:-
DRBC MODEL
Best Practices
BD follows
Active Participants in
DRBC MODEL
Best Practices
Meeting Unmet Health Needs
DRBC MODEL
Commitments
Purpose
KEY TAKEAWAYS
A lot of Utilitarianism exists where results are important
A lack of Universalism exists wherein the means dont justify the ends
Thought Guidelines like Good Clinical Practises exists, various unethical practices are followed by
companies
Companies should follow the policies and not keep it just on paper.
THANK YOU
Medical practitioners and the healthcare industry serve interests that sometimes overlap and sometimes
conflict.
There is strong evidence that associations between industry and doctors influence the behavior of the
latter in relation to both clinical decision making and the conduct of research.
In view of the risk of compromising relationships with patients and the integrity of the research process,
doctors tend to be biased.
Clearly articulated procedures are sometimes not well developed to deal with specific issues such as travel
subsidies, receipt of gifts, sponsorship of conferences and continuing education activities, and dualities of
interest arising in clinical and research settings
Once technologies are directed towards making humans 'better than well', assuming the body is
manipulative in nature according to individual preferences, then real ethical and theological concerns arise.
The abuse of technology threatens inherent human dignity and challenges the equal moral status of all
human persons
When should life-sustaining treatments like breathing machines or feeding tubes be started, continued,
or stopped?
What should family members and health care professionals do if a patient refuses treatment that
promises to be medically helpful?
Who should make health care decisions for patients when they are unable to communicate or decide
for themselves?
What should patients do when they do not understand what professionals are saying and feel they are
not offered the opportunity to participate in their own health care decisions?
HCA is based out of Nashville,USA and its one of the competitors of BD.
The corporation initially had federal lobbyist and had registered lobbying presence across 12 states.
In 2000,The company had paid out a total of $1.7billion in fines, refunds and lawsuit settlements admitting that through its subsidiaries it
had -
falsified records to generate high payments for minor treatments or treatments that never occurred
Charged for home-health care for patients who did not qualify for it
Ever since these issues occurred, company has designed a code of conduct and enforced ethical practices in the long run ( It has
been rated as one of the best ethical company couple of years ago)