Organisational Culture Post-Acquisition Integration

Running Head: INTERNATIONAL MANAGEMENT
INTERNATIONAL MANAGEMENT
Name of the Student
Name of the University
Author Note:

Impact in organisational culture Post-acquisition integration
 The post-acquisition integration made Daiichi Sanko as the first Japanese drug maker
to be engaged in all four primary pharmaceuticals fields that includes new
Prescription Drugs, Generics, Over the Counter and vaccines.
 After developing the resolving strategy, Daiichi Sankyo fired the current CEO of the
company and replaced it by forming a working committee to design and implement a
new global quality organisation at Ranbaxy led by Daiichi Sankyo's former quality
control officer from the US subsidiaries.
 Acquiring and maintaining all the loop holes and faults the Japanese company was
unsuccessful on clearing things and fixing the issues with Ranbaxy resulting in the
third quarter of financial year 20081, Daiichi Sankyo booked the valuation loss of
USD$3.9 billion because of one-time write-down of goodwill pertaining to the
investment in Ranbaxy. For the fiscal year.
 Followed by more issues reporting as human hair found in a tablet, oil spots on tablets
and toilet facilities without running water2. Over the year, Daiichi Sankyo was unable
to turn the Indian unit into a new growth engine because of lack of understanding the
corporate culture of Ranbaxy.
 Post –acquisitions integrations was real challenge for Daiichi and Sankyo which also
reflected for the high turnover rate at Executive level of Ranbaxy starting from the
position of CEO and MD first Atul Sobti after his resignation cames Arun Sawheny
then the resignation of the president and CFO of Ranbaxy Mr. Omesh Sethi was
encountered3.
1 Marschall U, e, "Long-term opioid therapy for chronic non-cancer pain in Germany. – PubMed
NCBI.". in Ncbi.nlm.nih.gov, , 2020,
2Nagasaki, "Cause–effect analysis on Fukushima accident reports – What did McMaster undergraduate students
learn?", in Journal of Nuclear Science and Technology, vol. 53, 2015, 756-765.
3 Verhetsel, A, T Vanelslander, & M Balliauw, "Maritime world cities: development of the global
maritime management network.".in International Journal of Shipping and Transport Logistics, 8, 2016,
294.