Navigation Links
Surveys Find Key Changes in the Role of the Pharmaceutical CFO
Date:3/25/2008

CFOs, with 67% ranking employee attrition as a key concern versus only 25% of IPC respondents. Moreover, three-quarters of MNC respondents say they are unable to attract the best talent compared to one-third of IPC respondents.

"The differences in the concerns of CFOs in Indian-headquartered companies versus India-based subsidiaries of multinationals are significant. As the market matures, we expect these differences will start to disappear," said Murali Nair, Ernst & Young Healthsciences Practice, India.

Consistent with the global survey, respondents in both groups cited bottom-line pressure as a key concern (76% overall), however the focus of their cost-cutting efforts varied. CFOs of India-headquartered pharmaceutical companies are more concerned about cutting costs in the supply chain (67%) compared to 44% of MNC CFOs.
Other findings include:

-- Risk management: 58% of IPC respondents report being unsatisfied with

current risk mitigation measures compared to only 11% of MNCs.

-- Drivers of change: CFOs from Indian pharmaceutical companies agree on

the following top four drivers of change: improving shareholder value,

responsiveness to business needs, globalization, and cost pressures.

This is in contrast with the global survey results for MNCs where

compliance & risk are major change drivers.

-- Paucity of information that matters: Although 81% of respondents have

implemented Enterprise Resource Planning systems, 50% of MNCs and 67%

of IPCs either do not or only partially extract performance measures

from their ERP systems.

-- Key challenges: 42% of Indian pharmaceutical company CFOs feel that the

"ability to maintain and drive growth" is a key challenge over the next

three years.

- To address this challenge, 70% MNC CFOs and one-third of IPC CFOs

would like to increase time spent on partnering.

A
'/>"/>

SOURCE Ernst & Young
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. One of the Largest Post-WHI Physician Surveys Shows More Education is Needed: Patient Misinformation About Hormone Therapy Remains High
2. Parental surveys boost diagnosis abilities of pediatricians
3. Few Employers Addressing Workplace Stress, Watson Wyatt Surveys Find
4. Arbios Announces Management Changes
5. Renovis Announces Management Changes
6. Bradmer announces management changes
7. Streamline Health Announces Executive Management Changes
8. Onyx Pharmaceuticals Announces Management Changes
9. How pitching changes little leaguers shoulders
10. Sontra Medical Corporation Changes Name to Echo Therapeutics, Inc.
11. Medicare Changes Didnt Alter Cancer Care
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... is a seasoned and trusted leader who consistently delivers trendy ... have it lead the wedding dress industry into the future. ... for the global market. , “The CEO of VogueQueen is ... on continuing the goal of operational excellence and giving back ...
(Date:1/22/2015)... New York, New York (PRWEB) January 22, 2015 ... ( http://www.vaginalmeshlawsuit2015.com/ ) in the U.S. District Court, Southern District ... against C.R. Bard, Inc. in that proceeding’s first bellwether trial. ... defense request for a new trial after finding that C.R. ...
(Date:1/22/2015)... For over 20 years, Dr. David Cruz of Cruz ... has treated just about every type of injury that can result ... those same twenty-plus years, the team at Doctors on Liens ... best possible doctor. With the combined breadth of experience ...
(Date:1/22/2015)... Recently, Weddingshe.com has added many trendy ... its highest annual revenues in the past three years. Today, ... wedding dresses. , According to the sales manager of the ... for them in 2015. This point can be reflected on ...
(Date:1/22/2015)... As interest in the value of spiritual support as ... Rev. Eric J. Hall , president and CEO of the ... the keynote speaker on January 27 at an international summit ... The conference, “Hope and Resilience: Innovative and Interdisciplinary Spiritual Care,” ...
Breaking Medicine News(10 mins):Health News:VogueQueen Unveils New Designs of Prom Dresses for 2015 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 3Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 4Health News:Industry Leading Chiropractor in Oceanside Joins the Doctors on Liens Network 2Health News:Weddingshe Announces A Special Offer On Its Popular Glamorous Wedding Dresses 2Health News:HealthCare Chaplaincy CEO to Keynote Spiritual Care Summit in Israel 2Health News:HealthCare Chaplaincy CEO to Keynote Spiritual Care Summit in Israel 3
... the consumer into a false sense of complete protection, ... commission has got its act together on this issue, ... lotions and its allied products. ,The labels that ... labeling a total protection message are: “sun blocker" or ...
... the four-and-a-half-year-old marathon kid of Orissa, declared that his health ... a medical check up after he ran an astounding 65km ... government-run Capital Hospital at Bhubaneswar for a medical check up ... probing allegations that coach Biranchi Das was exploiting the boy ...
... undergo the monthly ordeal of PMS, those who have a ... their counterparts //, reveals a new study. ,Time ... blamed for mood swings, lethargy and pain associated with premenstrual ... husbands who lack compassion for their wives can make matters ...
... Health officials of the NHS Grampian said that people were ... The NHS health board said so defending their decision to ... ,A spokeswoman for NHS Grampian said a doctor ... suitable for a patient to stay outwith the city's Royal ...
... was found on Sunday, has mystified Boston police who are ... to find if anyone filled canisters during the last weekend. ... Park where the body was found. Police say the 19-year-old ... body was moved to a wooded area in Franklin Park ...
... have developed a new vitamin-A drug, which may be ... younger patients, but also added that more research is ... a leading charity committed to fighting breast cancer through ... studying 1,700 women between 12 and 16 years, reported ...
Cached Medicine News:Health News:Marathon Kid Budhia’s Health Not Compromise 2Health News:Supportive Husbands Can Help Ease PMS 2
(Date:1/23/2015)... ATLANTA , Jan. 23, 2015 More than a ... a quarter of those with private insurance, filled a prescription ... to a report in this week,s Morbidity and Mortality Weekly ... health care providers to treat moderate to severe pain.  They ...
(Date:1/23/2015)...  Now available for sale, The Armor1 Ankle Roll Guard is ... sprains by cushioning the ankle from an inversion or ... outside of any shoe type and allows the user ... protection against sprains. With customers in physical therapy, podiatry, ...
(Date:1/23/2015)... , Jan. 23, 2015  CytoSorbents Corporation (NASDAQ CM: ... CytoSorb® extracorporeal cytokine adsorber to reduce deadly inflammation ... receipt of $385,642, net of transaction costs, in ... Technology Business Tax Certificate Transfer Program sponsored by ...
Breaking Medicine Technology:Opioid painkillers widely prescribed among reproductive age women 2Opioid painkillers widely prescribed among reproductive age women 3The Armor1 Ankle Roll Guard is the New Breakthrough Solution for Ankle Sprain Prevention! 2CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 2CytoSorbents Receives $385,000 in Non-Dilutive Funding from the New Jersey Technology Business Tax Certificate Transfer Program 3
... and NUREMBERG, Germany, April 13, 2012 ... of mobile C-arms presents its award-winning product portfolio ... Together with Xograph ( http://www.xograph.com ), its UK ... vascular specialists, interventional radiologists and cardiologists to provide ...
... ("Unilife" or "Company") (NASDAQ: UNIS ;  ASX: UNS) announced ... fiscal 2012 third quarter ended March 31, 2012 after market trading ... scheduled a conference call for 4:30 p.m. U.S. EDT on Thursday, ... AM AEST) , to review the Company,s financial results, market ...
Cached Medicine Technology:CX 2012: Elevating the Boundaries of Interventional Imaging with Mobile C-arms 2Unilife Corporation to Announce Financial Results for Fiscal 2012 Third Quarter on Thursday, April 26, 2012 2Unilife Corporation to Announce Financial Results for Fiscal 2012 Third Quarter on Thursday, April 26, 2012 3
LH EIA Reproductive Markers 025-BC-1031 Luteinizing Hormone...
... The procedure follows the basic principle ... is competition between an unlabeled antigen and ... binding sites of a specific antiserum . ... biotin-labelled estrone) bound to the antibody is ...
... (5-Androstene-3-0L-17-one,Androstenolone, Dehydroisoandrosterone,Transdehydroandrosterone, DHEA) is a ... mostly in its,sulfate form (DHEA-S). ... based on the competition principle ... amount of DHEA-S present in ...
... Angiotensin Converting Enzyme (ACE), also known ... (EC 3.4.15.1) with a molecular weight of ... glycoprotein shows a single polypeptide chain, a ... is present in many different cell types ...
Medicine Products: