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Glaxo Smith Kline GSK
International Management Government &
Sustainability
Module code : MMW226465
Monday 3pm-5pm Group No. xx
Contents
• Introduction
• Company’s profile
• Company’s Founder and History
• Corporate Governance Analysis of GSK
• Financial overview
• Sustainable Development Goals (SDG)
Approach of GSK
• Business Model
• PESTELAnalysis: Factors Influencing
GSK
• PWC’s Report Insights
• Triple Bottom Line Model at GSK
• Governance Score for GSK
• Conclusion
• Future Recommendation
• References
Introduction
 Global pharmaceutical, biologics, vaccines and consumer healthcare company
 3rd largest pharmaceutical company in the world based on revenues
 Leading market share in 4 of the 5 largest therapeutic markets-- anti-infective , central nervous system, respiratory, and
gastrointestinal/metabolic.
 5 % of the global pharmaceuticals market.
 1,100 prescriptions are written for one of its products every minute (GlaxoSmithKline, 2000).
Company’s Profile
 Headquarters: London, UK
 Founded in 2000 through a major merger.
 Employee Strength: 99,000 globally.
 Global operations: Over 100 countries
 Stock Listing: Primary - London Stock Exchange
 Secondary – New York Stock Exchange.
 Net worth: over 75 billion $.
 Branches over 100 countries.
 Pharmaceuticals, Vaccines and consumer Health care (GlaxoSmithKline, 2000).
Founder and History
Founder:
Early History:
Merger Growth:
GSK was formed through the merger of Glaxo Wellcome and SmithKline Beecham in 2000,
bringing together two legacy pharmaceutical giants (GlaxoSmithKline, 2000).
Glaxo Wellcome and SmithKline Beecham each had rich histories in
pharmaceutical innovation, dating back over a century(GlaxoSmithKline, 2000).
Since the merger, GSK has grown into one of the largest healthcare companies
worldwide, known for its advancements in pharmaceuticals and vaccines
(GlaxoSmithKline, 2000).
CEO and CFO
Lead’s GSK’s vision, fostering innovation and
growth the pharmaceutical sector
(GlaxoSmithKline, 2000).
Oversees financial strategies, ensuring robust
fiscal health and sustainable growth
(GlaxoSmithKline, 2000).
Corporate Governance Analysis of GSK
 Overview of GSK's corporate governance framework, including board structure, ethics
policies, and transparency.
 Highlights include:
 - Board Composition and Diversity
 - Independent Directors
 - Governance Initiatives and Ethical Standards
Financial Overview
2023 Financial Performance
 In 2023, GSK delivered robust financial results with total sales reaching £30.3
billion, marking a 5% increase (GlaxoSmithKline, 2023) .
 This growth was primarily driven by substantial contributions from their Vaccines
division, which saw an impressive 25% rise in sales, and their Specialty
Medicines (GlaxoSmithKline, 2023).
 Operating profits surged to £6.7 billion, a 10% improvement over the previous
year.
 Moreover, GSK’s adjusted earnings per share (EPS) saw a 16% increase, bolstered
by higher royalty revenues and strategic cost management.
 These figures underscore GSK’s strategic direction and resilience in a
competitive market (GlaxoSmithKline, 2023).
Sustainable Development Goals (SDG) Approach of GSK
GSK's alignment with UN Sustainable Development Goals, focusing on health, innovation, and
sustainability:
- Health and Well-being Initiatives
- Environmental Sustainability Efforts
- Innovation and R&D Programs Supporting SDGs
(GlaxoSmithKline, 2023).
International Management Environment of GSK
GSK's global presence and analysis of international market challenges and opportunities:
- Global Market Footprint and Key Markets
- Regulatory and Cultural Adaptability
- Strategic Market Operations
(GlaxoSmithKline, 2023).
Business Model
(GlaxoSmithKline, 2020)
PESTELAnalysis: Factors Influencing GSK
sustainability initiatives and
environmental regulations
Regulatory changes and
government policies impact,
influencing GSK’s market access
Political Factor Economical
Environmental
Economic Fluctuation affect
health care budget, directly
impacting GSK’s revenue
streams.
Intellectual property laws
and compliance challenges
affect
Legal
Technological
Advancement in Biotechnology
and digital health care , reshaping
and presenting opportunities for
GSK.
Social
Innovative Health care
solutions and increased
consumer awareness
(PricewaterhouseCoopers, 2024)
PWC’s Report Insights
 Supply chain innovations: Joint projects like the Medicines Manufacturing Innovation centre address
manufacturing challenges.
 Therapeutic Advancements: Collaborative research into ‘undruggable’ diseases for potential breakthrough
treatments.
 Sustainability Goals: Focus on sustainable practices in healthcare manufacturing and distribution.
(PricewaterhouseCoopers, 2024)
Triple Bottom Line Model at GSK
• Analysis of GSK’s focus on the Triple Bottom Line (People, Planet,
Profit):
• - People: Community Health Initiatives
• - Planet: Environmental Impact and Carbon Reduction
• - Profit: Financial Performance and Revenue Growth
PricewaterhouseCoopers, 2024)
Governance Score for GSK
GSK’s governance score and comparison to industry standards, highlighting metrics such as:
- Board Independence
- Transparency in Operations
- Stakeholder Engagement Score
(GlaxoSmithKline, 2023)
Actionable
Recommendation
s for GSK
01 Enhance Board Diversity
02 Increase Community Engagement
03 Adopt Green Technologies
04 Strengthen Ethical Practices
05
Implement Continuous Governance
Training
Conclusion
Long Term vision: Committed to serving 2.5 billion people by 2030 through innovative
health solution.
Pipeline Expansion: Focus on advancing vaccines and specialty medicines in the
pipeline.
Sustainability Goals: Prioritizing sustainable practices across R&D, sourcing , and
production by 2030.
Future outlook: GSK’s strategic initiatives
(GlaxoSmithKline, 2023)
References
1. GlaxoSmithKline. (2023). Annual financial report 2023. Retrieved from https://www.gsk.com/media/11007/annual-report-2023.pdf
2. GlaxoSmithKline. (2000). Company profile and history. Retrieved from
https://www.gsk.com/en-gb/investors/financial-reports/annual-report-2023/
3. GlaxoSmithKline. (2023). Financial performance overview. Retrieved from https://www.gsk.com/media/11005/financial-statements-2023.pdf
4. PricewaterhouseCoopers. (2024). Global insights on pharmaceutical industry trends. Retrieved from https://
www.pwc.com/us/en/industries/pharma-life-sciences/pharmaceutical-industry-trends.html
5. GlaxoSmithKline. (2020.). Market leadership and therapeutic focus. Retrieved from https://
www.gsk.com/media/5984/gsk-ir-booklet-may-2020.pdf
6. GlaxoSmithKline. (2023). Sustainability goals and environmental impact report. Retrieved from https://
www.gsk.com/media/10342/gsk-position-on-environmental-sustainability-june-2023.pdf
7. GlaxoSmithKline. (2022.). Diversity and workforce composition report. Retrieved from https://
www.gsk.com/media/9956/annual-report-2022.pdf

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GSK company Presentation information about compay

  • 1. Glaxo Smith Kline GSK International Management Government & Sustainability Module code : MMW226465 Monday 3pm-5pm Group No. xx
  • 2. Contents • Introduction • Company’s profile • Company’s Founder and History • Corporate Governance Analysis of GSK • Financial overview • Sustainable Development Goals (SDG) Approach of GSK • Business Model • PESTELAnalysis: Factors Influencing GSK • PWC’s Report Insights • Triple Bottom Line Model at GSK • Governance Score for GSK • Conclusion • Future Recommendation • References
  • 3. Introduction  Global pharmaceutical, biologics, vaccines and consumer healthcare company  3rd largest pharmaceutical company in the world based on revenues  Leading market share in 4 of the 5 largest therapeutic markets-- anti-infective , central nervous system, respiratory, and gastrointestinal/metabolic.  5 % of the global pharmaceuticals market.  1,100 prescriptions are written for one of its products every minute (GlaxoSmithKline, 2000).
  • 4. Company’s Profile  Headquarters: London, UK  Founded in 2000 through a major merger.  Employee Strength: 99,000 globally.  Global operations: Over 100 countries  Stock Listing: Primary - London Stock Exchange  Secondary – New York Stock Exchange.  Net worth: over 75 billion $.  Branches over 100 countries.  Pharmaceuticals, Vaccines and consumer Health care (GlaxoSmithKline, 2000).
  • 5. Founder and History Founder: Early History: Merger Growth: GSK was formed through the merger of Glaxo Wellcome and SmithKline Beecham in 2000, bringing together two legacy pharmaceutical giants (GlaxoSmithKline, 2000). Glaxo Wellcome and SmithKline Beecham each had rich histories in pharmaceutical innovation, dating back over a century(GlaxoSmithKline, 2000). Since the merger, GSK has grown into one of the largest healthcare companies worldwide, known for its advancements in pharmaceuticals and vaccines (GlaxoSmithKline, 2000).
  • 6. CEO and CFO Lead’s GSK’s vision, fostering innovation and growth the pharmaceutical sector (GlaxoSmithKline, 2000). Oversees financial strategies, ensuring robust fiscal health and sustainable growth (GlaxoSmithKline, 2000).
  • 7. Corporate Governance Analysis of GSK  Overview of GSK's corporate governance framework, including board structure, ethics policies, and transparency.  Highlights include:  - Board Composition and Diversity  - Independent Directors  - Governance Initiatives and Ethical Standards
  • 8. Financial Overview 2023 Financial Performance  In 2023, GSK delivered robust financial results with total sales reaching £30.3 billion, marking a 5% increase (GlaxoSmithKline, 2023) .  This growth was primarily driven by substantial contributions from their Vaccines division, which saw an impressive 25% rise in sales, and their Specialty Medicines (GlaxoSmithKline, 2023).  Operating profits surged to £6.7 billion, a 10% improvement over the previous year.  Moreover, GSK’s adjusted earnings per share (EPS) saw a 16% increase, bolstered by higher royalty revenues and strategic cost management.  These figures underscore GSK’s strategic direction and resilience in a competitive market (GlaxoSmithKline, 2023).
  • 9. Sustainable Development Goals (SDG) Approach of GSK GSK's alignment with UN Sustainable Development Goals, focusing on health, innovation, and sustainability: - Health and Well-being Initiatives - Environmental Sustainability Efforts - Innovation and R&D Programs Supporting SDGs (GlaxoSmithKline, 2023).
  • 10. International Management Environment of GSK GSK's global presence and analysis of international market challenges and opportunities: - Global Market Footprint and Key Markets - Regulatory and Cultural Adaptability - Strategic Market Operations (GlaxoSmithKline, 2023).
  • 12. PESTELAnalysis: Factors Influencing GSK sustainability initiatives and environmental regulations Regulatory changes and government policies impact, influencing GSK’s market access Political Factor Economical Environmental Economic Fluctuation affect health care budget, directly impacting GSK’s revenue streams. Intellectual property laws and compliance challenges affect Legal Technological Advancement in Biotechnology and digital health care , reshaping and presenting opportunities for GSK. Social Innovative Health care solutions and increased consumer awareness (PricewaterhouseCoopers, 2024)
  • 13. PWC’s Report Insights  Supply chain innovations: Joint projects like the Medicines Manufacturing Innovation centre address manufacturing challenges.  Therapeutic Advancements: Collaborative research into ‘undruggable’ diseases for potential breakthrough treatments.  Sustainability Goals: Focus on sustainable practices in healthcare manufacturing and distribution. (PricewaterhouseCoopers, 2024)
  • 14. Triple Bottom Line Model at GSK • Analysis of GSK’s focus on the Triple Bottom Line (People, Planet, Profit): • - People: Community Health Initiatives • - Planet: Environmental Impact and Carbon Reduction • - Profit: Financial Performance and Revenue Growth PricewaterhouseCoopers, 2024)
  • 15. Governance Score for GSK GSK’s governance score and comparison to industry standards, highlighting metrics such as: - Board Independence - Transparency in Operations - Stakeholder Engagement Score (GlaxoSmithKline, 2023)
  • 16. Actionable Recommendation s for GSK 01 Enhance Board Diversity 02 Increase Community Engagement 03 Adopt Green Technologies 04 Strengthen Ethical Practices 05 Implement Continuous Governance Training
  • 17. Conclusion Long Term vision: Committed to serving 2.5 billion people by 2030 through innovative health solution. Pipeline Expansion: Focus on advancing vaccines and specialty medicines in the pipeline. Sustainability Goals: Prioritizing sustainable practices across R&D, sourcing , and production by 2030.
  • 18. Future outlook: GSK’s strategic initiatives (GlaxoSmithKline, 2023)
  • 19. References 1. GlaxoSmithKline. (2023). Annual financial report 2023. Retrieved from https://www.gsk.com/media/11007/annual-report-2023.pdf 2. GlaxoSmithKline. (2000). Company profile and history. Retrieved from https://www.gsk.com/en-gb/investors/financial-reports/annual-report-2023/ 3. GlaxoSmithKline. (2023). Financial performance overview. Retrieved from https://www.gsk.com/media/11005/financial-statements-2023.pdf 4. PricewaterhouseCoopers. (2024). Global insights on pharmaceutical industry trends. Retrieved from https:// www.pwc.com/us/en/industries/pharma-life-sciences/pharmaceutical-industry-trends.html 5. GlaxoSmithKline. (2020.). Market leadership and therapeutic focus. Retrieved from https:// www.gsk.com/media/5984/gsk-ir-booklet-may-2020.pdf 6. GlaxoSmithKline. (2023). Sustainability goals and environmental impact report. Retrieved from https:// www.gsk.com/media/10342/gsk-position-on-environmental-sustainability-june-2023.pdf 7. GlaxoSmithKline. (2022.). Diversity and workforce composition report. Retrieved from https:// www.gsk.com/media/9956/annual-report-2022.pdf

Editor's Notes

  • #10: This slide outlines GSK’s international management environment, highlighting its approach to navigating global markets. Key areas include GSK’s global market footprint, focusing on strategic regions and key markets for growth. The company also emphasizes regulatory and cultural adaptability to ensure compliance with local laws and alignment with cultural expectations. Finally, GSK employs strategic market operations to optimize its international business practices, addressing both the challenges and opportunities of operating in diverse markets globally. These factors collectively support GSK’s competitive positioning on a global scale, as reported in 2023.
  • #11: Business model of GSK world wide
  • #13: PwC’s collaboration with GSK is multifaceted, addressing critical industry challenges through joint initiatives. A notable project, the Medicines Manufacturing Innovation Centre, focuses on improving the pharmaceutical supply chain, particularly for challenging drug types. Together, GSK and PwC are also researching treatments for ‘undruggable’ diseases, targeting conditions traditionally difficult to treat. Additionally, the collaboration emphasizes sustainability, aiming to incorporate eco-friendly practices in healthcare manufacturing, which aligns with both companies' commitment to responsible business practices and future-focused solutions.
  • #14: This slide presents GSK's approach to the Triple Bottom Line (TBL) model, which emphasizes the balance of People, Planet, and Profit. In the "People" pillar, GSK invests in community health initiatives, improving healthcare access and supporting public health. For "Planet," the company focuses on reducing its environmental footprint through carbon reduction and sustainable resource use. Under "Profit," GSK aims for strong financial performance while ensuring its growth aligns with responsible social and environmental practices. Together, these elements support GSK's commitment to sustainable and equitable growth,
  • #15: This slide focuses on GSK’s governance score, which reflects the company’s alignment with industry standards in areas such as board independence, transparency in operations, and stakeholder engagement. These metrics emphasize GSK’s commitment to strong governance practices, ensuring accountability and ethical management. The diagram highlights specific governance initiatives, including automation for efficiency, data harmonization, and an internal control framework. Together, these initiatives support clearer roles, consistent standards, and strengthened controls, all of which contribute to GSK’s high governance performance as reported in 2023.
  • #16: This slide provides key actionable recommendations for GSK to enhance its governance and sustainability efforts. These include enhancing board diversity to bring varied perspectives to leadership, increasing community engagement to strengthen stakeholder relationships, and adopting green technologies to reduce environmental impact. Additionally, strengthening ethical practices across operations and implementing continuous governance training for employees can further reinforce GSK’s commitment to responsible and transparent business practices. Together, these recommendations aim to support GSK's long-term growth and reputation in line with best governance standards.
  • #17: GSK’s future outlook is defined by an ambitious commitment to reach over 2.5 billion people by 2030, driven by innovation and strategic pipeline growth. The company’s long-term focus on advancing vaccines and specialty medicines, particularly in infectious disease and oncology, is foundational to its growth strategy. Furthermore, GSK’s dedication to sustainability, with clear goals in eco-friendly R&D and sourcing practices, aligns with its objective of responsible, impactful healthcare. This forward-looking approach places GSK in a strong position to address global health challenges effectively and sustainably.