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Financial Strategy Pfizer Triangle

Autor:   •  November 2, 2015  •  Case Study  •  280 Words (2 Pages)  •  925 Views

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Week 7 – Pfizer Information Systems Strategy Triangle

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Business Strategy Elements

Organizational Strategy Elements

Information Strategy Elements

Reach individual patients

Cut back on Research  & Development

Invest in IT in regions low in internet access

Implement loyalty discount cards

Minimize the workforce

Develop mobile applications aimed at consumers

Establish relationships in emerging markets such as Brazil, China and India

Slash overall operations costs

Develop a cloud-based CRM system aimed at physicians

Search for new big pill blockbusters

Win new customers in emerging markets

Create new hybrid business-

technology manager positions

Create huge market access

Provide information customers can’t get elsewhere and make medication affordable

Implement virtual R&D system

Impacts between the elements:

Pfizer have a leading portfolio of products and medicines that support wellness and prevention, as well as treatment and cures for diseases across a broad range of therapeutic areas.  This creates inter-play among the triangle sides. Additionally, market access is the main strategy of Pfizer wherein it can firmly seed its IT platforms and mobile based apps.

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