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Human Resource Management at Cipla Pharmaceuticals

   

Added on  2023-04-03

8 Pages2200 Words226 Views
Leadership Management
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HUMAN RESOURCE MANAGEMENT
CIPLA PHARMACEUTICALS
Human Resource Management at Cipla Pharmaceuticals_1

HUMAN RESOURCE MANAGEMENT
Contents
INTRODUCTION.....................................................................................................................................3
MAJOR CHALLENGES.............................................................................................................................3
STRATEGIC HUMAN RESOURCE MODEL................................................................................................5
REFERENCES..........................................................................................................................................8
Human Resource Management at Cipla Pharmaceuticals_2

HUMAN RESOURCE MANAGEMENT
INTRODUCTION
Cipla Pharmaceuticals is an Indian pharmaceutical company which is leading
globally. Cipla is always dedicated to high quality, branding and generic medicines. Being
one of the best pharmaceutical company it is trusted by healthcare professionals, patients and
the people who are associated with the company. It was started in 1935 by its founder Dr.
K.A. Hamied. Cipla’s founder has started the company with a vision to make India self-
sufficient in healthcare especially. Nobody from India should anywhere else for any type of
disease or treatment. In last almost 80 years they have got the best and most respectful name
among the pharmaceutical companies. Everybody knows the company name and it is very
popular for ensuring highest quality medicines at very affordable prices. (Gudiguntla, 2012)
Cipla has more than 25000 employees and more than 2000 products in many therapeutic
categories above all. They have a very good and bigger level presence in the market all over
either it is India or in other 170 countries. They have won many of the awards and recently
they have got lifetime achievement award in 2014. Cipla main headquarters is located in
Mumbai, Maharashtra itself and other offices are in United States, UK and Belgium also.
There are many challenges that the company or the organization has to face in the future like
retaining same talented candidates, best future leaders, flexible work arrangements, better
compensations and many more like open leadership and work culture.
MAJOR CHALLENGES
The main problems or the challenges Cipla has to face, is to retaining and rewarding
the talented candidates and their future leaders. Second, the most important is to same work
culture with better compensations. Cipla is a fastest growing pharmaceutical company from
many years but nowadays there is a huge competition either in the pharmaceutical segment or
generic medicine segment. Many competitors or even new local players are getting into the
business very fast. They are always ready to compete with Cipla at Doctor’s level which is
tough for them as Cipla has a huge and respectful name for Doctor’s especially but when the
other pharmaceutical companies are offering other benefits to the Dr’s or in fact to the
employees then definitely it breaks the chain of Cipla and giving a loss to the company.
Every person needs a growth time to time in his/her life but if by their hard work other
companies or the competitors will offer them more than their present then. Definitely
everybody will switch his/her company. (Sharma, 2011)Today competition level is so high
that retaining talented and well performing candidates is the toughest job for any of the
Human resource management. (Kiran Kabbta Somvanshi, 2017) Loyalty of an employee is
Human Resource Management at Cipla Pharmaceuticals_3

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