To GSK management

Discussion in 'GlaxoSmithKline' started by Anonymous, Jul 29, 2010 at 8:38 PM.

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Should Deirdre Be Terminated Immediately?

  1. No

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  2. Yes

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  1. Anonymous

    Anonymous Guest

    Can you explain how being at " customer service rep" will help us keep out jobs? I don't understand, we always have given formulary information, samples and patient education etc. Is this really going to help us survive. How is this "new" system going to help us sustain. This is more a political ploy to not be sued in the overtime lawsuit case.

    I see it as a way to eventually have contract sales forces with less expense take care of this. This new world order will show the true limitations of the job and how it can be done for much less, with inexperienced people. This will shine a light on the true lack of access and the falsification of calls on a daily basis. Most people are fabricating calls in order to show activity.

    Please wake up everyone. This is not to help the reps keep jobs ! The metrics people will have to meet will be very interesting. By the way, sales numbers will always be part of the equation. If you hit your metrics the numbers should be there, right ? Even though bonus is not being tied into sales, it will still be measured.
     

  2. Anonymous

    Anonymous Guest

    Someone is now drinking the Global Kool-Aid.

    Sales up 40%? Look at the base size. $100M to $140M? These increases are less than a month's sales of Advair in the U.S.

    And the margins? Even lower. Ex-US is a commodity business--might as well be selling rice and corn. US might be heading that way, but it's not going to happen overnight--the systematic stripping of US resources is being done too quickly and is being executed poorly. The Board doesn't care though, because its all about how GSK looks, to WallStreet, Canary Wharf, the UK Pension Funds, and Global PR. Hopefully they are not as ignorant as GSK wants them to be, but probably are.

    GSK has in effect thrown in the R&D towel. No new innovation. If there were, one new, innovative product in the U.S. would trump all sales and profits in AP, Consumer, and Emerging Markets combined.

    But "sales" in the U.S. no longer matter? At least not in incentive comp?

    Sell. Sell. Sell. (the stock that is)

     
  3. Anonymous

    Anonymous Guest

  4. Anonymous

    Anonymous Guest

    I call bullshit on all of it!!! GSK is pulling in profits, the numbers that dont matter now got 30-50% of the sales force laid off, and ultimately, we are the the brunt of every joke out there. So...how does it feel?
     
  5. Anonymous

    Anonymous Guest

    Amen, you can put this thread to bed.
     
  6. Anonymous

    Anonymous Guest

    Thanks for pushing us veterans out under duress !!!!!!!!!!!
     
  7. Anonymous

    Anonymous Guest

    This industry is kaput and pharma sales reps will be a thing of the past in the very near future. Offices/docs don't want us around for anything but food or samples. The internet and medical conventions provide them with all the clinical info they need - most info we aren't even privy to or if we r, we can't bring it up anyway. Pointless to even try hanging on as it will destroy your mental health and personal integrity. True that economy sucks out there but time to put all efforts into getting out. Nauseated at what my "career" has now become - simply a j.o.b with no hope
     
  8. Anonymous

    Anonymous Guest

    Great post.....most companies are trying to get what ever they can out of existing products. Great article recently on "pharmaceutical companies hiring ?". The whole article is about how contract sales forces will double by 2015. This means more contraction etc.
     
  9. Anonymous

    Anonymous Guest

    Once again we have someone equating the industry with the USA only!


    Wake up Princess - there is a wider world out there
     
  10. Anonymous

    Anonymous Guest

    Unless you plan on moving overseas, who cares about china, india etc. The only thing that matters is what is happening in the U.S
     
  11. Anonymous

    Anonymous Guest

    GSK is a global company. The stock price is how the overall company is perceived to be preforming now and in the near term. If something good is happening in one business unit it helps all of us. Likewise if something bad is happening in an area it impacts us all. These are challenging times worldwide. How people are treated today may provide insights as to how you may be treated in the future. History has a funny way of repeating itself.

    Good news that EM and AP are growing 40%! Not so sure that will continue on a linear path year on year for a decade? Will governments not become interested in dollars spent on meds and profits? Do citizens all have the funds to buy product, or are some unfortunately quite poor?
    Good point about Advair monthy sales earlier versus small markets. If Joe and Ivans deli has 5 stores and grow 40% they now have 7 stores, then 10, and then 14 in 3 years. Not a big threat to chain food outlets like Wendy's, KFC, ect... Likewise if Wendy's loses 10% it is a big number that is lost, many suffer. Still it is significantly larger than Joe and Ivans deli and brings in much more revenue. But Joe and Ivan can and should be proud of thier efforts and success.
     
  12. Anonymous

    Anonymous Guest

    Of course 40% growth can not be sustained forever but as incomes rise in EMAP the private and public markets also expand.

    There is also the question of "Market Access" which you allude to - GSK can and does have price differentials according to the market ie much cheaper in EM than in Western Europe. It has always been that way though with the USA prices being "Market Driven" ie charge as high as the market will take while in other markets such as Europe prices were much cheaper because the buyers had more power.

    GSK is right to be chasing growth in these sectors and "Maintaining" at around 25% of its sales to white pills to western markets.
     
  13. Anonymous

    Anonymous Guest

    And there we have it ladies and gentleman..... the blinkered view.

    Who employed you - they should be out the door along with you!
     
  14. Anonymous

    Anonymous Guest

    What are you talking about?

    Does GSK or any other pharma really really think they can penetrate the so-called "lucrative" overseas market? How many of you have been over "there?"
    India and China, Singapore, Korea, all have generics who are giving the likes of Teva sleepless nights. So, what does GSK et al do? They try and "buy" themselves out of this misery. Too bad, cause as soon as one Indians generic is gone, 3 others are emerging and 10 others yet in China.

    The only "good" thing about these copycats around the world is they are just that...copycats..not innovators. The amount of money GSK has spent in developing the so-called R&D in China is mind boggling.....nothing to show for it, but nontheless, in paper they have saved a ton of money doing nothing.

    The issue is lack of creativity....you can go so far with XL, XR, CR etc, etc.
     
  15. Anonymous

    Anonymous Guest

    "A Maaaan's Ahhh-NOOOS ees LEEKED Like ICE CREAM! LIKE ICE CREAM!"
     
  16. Anonymous

    Anonymous Guest


    GSK has gone from a once great company to a joke of a company. Wake up AW there is no leadership here. Employees with this company have lost all respect for their leadership. Just look at GSK's ranking by physicians. This should really tell you something. I know times are tough but come on...
     
  17. Anonymous

    Anonymous Guest

    Man, thill out. Just accept it. Under a totalitarian environment, leadership is not even in the mix. It is simply do what you are told, and if you don't make any waves, you might get to keep your job, and be paid a stipend to keep a roof over your head, food on the table, and a bottle of vodka in the cabinet to ease the pain of your life quickly sinking into mediocrity. If you want more, then you will have to ask your spouse to go to work. Welcome to the change you voted for almost two years ago.
     
  18. Anonymous

    Anonymous Guest

  19. Anonymous

    Anonymous Guest

    Ahn-ALL-LEEKING!
     
  20. Anonymous

    Anonymous Guest

    Great honest leadership , no hidden agendas.