Organisational study on Baxter international

About Baxter international:

In the realm of medical solutions, Baxter, the American multinational healthcare company places its
main focus on developing products that cater to kidney disease and various chronic and acute medical
conditions. Back in 2017, the company achieved impressive sales of $10.6 billion through its two
prominent divisions: BioScience and Medical Products. Baxter’s BioScience division specializes in the
production of recombinant and blood plasma proteins, which are instrumental in treating hemophilia
and other bleeding disorders. Moreover, it offers plasma-based therapies that prove effective in
addressing immune deficiencies and other chronic and acute blood-related conditions. On top of that,
Baxter’s BioScience division is also involved in the development of regenerative medicine solutions and
vaccines. Conversely, the Medical Products division of Baxter primarily focuses on manufacturing
intravenous products and other equipment utilized in the efficient delivery of fluids and medications to
patients. This division is also responsible for the production of inhalational anesthetics, offers contract
manufacturing services, and develops products that aid in treating end-stage kidney disease.

Organisational best practices:

1. Company Overview: Baxter International is a global medical technology company that focuses
on developing innovative therapies and products for the healthcare industry.

2. Patient-Centric Approach: Baxter International is committed to improving patient outcomes and

enhancing the quality of life. They prioritize patient safety and ensure that their products and
therapies meet the highest standards of quality and effectiveness.

3. Research and Development: Baxter invests heavily in research and development to drive
innovation. They continuously strive to develop new and advanced medical technologies,
therapies, and pharmaceuticals to address unmet medical needs.

4. Sustainability and Responsibility: The company follows sustainable business practices and is
dedicated to minimizing its environmental impact. They actively promote responsible
manufacturing, waste reduction, and energy efficiency. Additionally, Baxter promotes social
responsibility through community engagement and philanthropic initiatives.

5. Inclusive Work Environment: Baxter International fosters an inclusive work environment that
values diversity and equal opportunities. They prioritize hiring and retaining a diverse workforce
and promote employee development through training, mentorship programs, and career
advancement opportunities.
Culture:

1. Patient-Centric: Baxter’s culture is deeply rooted in a commitment to putting patients at the

center of everything they do. They prioritize patient well-being, safety, and quality in their
products and services.

2. Collaboration: Collaboration is a core value at Baxter. They foster a collaborative work

environment where employees are encouraged to work together and share their expertise to
achieve common goals.

3. Diversity and Inclusion: Baxter values diversity and inclusion, recognizing that it brings unique
perspectives and drives innovation. They strive to create a workplace that is inclusive, where
everyone feels respected and can thrive.

4. Continuous Learning: Baxter believes in continuous learning and development of their

employees. They provide various training and development opportunities to help employees
grow both personally and professionally.

5. Ethical Behavior: Ethics and integrity are paramount at Baxter. They have established strong
ethical guidelines and compliance practices to ensure that all employees act responsibly and
ethically in their work.

6. Operational Excellence: Baxter is committed to operational excellence, striving for continuous

improvement in their processes and systems. This enables them to deliver high-quality products
and services efficiently.

7. Innovation: Innovation is at the core of Baxter’s culture. They encourage employees to think
creatively, embrace new technologies, and develop groundbreaking solutions to address
healthcare challenges.

Environment:

1. Evolving Healthcare Landscape: Baxter operates in the healthcare industry, which is constantly
evolving due to factors like changing regulations, technological advancements, and shifting
patient expectations. The company must adapt to these changes to stay competitive and meet
the evolving needs of healthcare providers and patients.
 2. Global Presence: Baxter has a global footprint, which means it operates in various countries with
diverse regulatory environments and healthcare systems. Operating in different markets
requires the company to navigate different compliance standards, distribution networks, and
cultural nuances.
3. Product Innovation: Baxter is known for its innovative medical products and therapies. To
maintain its position as a leader, the company must invest in research and development, stay on
top of emerging technologies, and bring innovative solutions to the market to address unmet
needs in critical healthcare areas.
4. Quality and Patient Safety: As a healthcare company, Baxter places utmost importance on
quality and patient safety. Ensuring the safety, efficacy, and reliability of its products is a
constant challenge. The company must continually invest in quality assurance, regulatory
compliance, and risk management to maintain high standards and meet global healthcare
regulations.
5. Competitive Landscape: Baxter operates in a highly competitive market with numerous players
offering similar products and solutions. Competing effectively requires the company to not only
innovate but also differentiate itself through superior customer service, strategic partnerships,
and efficient operations.

Challenges:

1.. Intense competition: Baxter operates in highly competitive markets, facing competition from large
multinational companies, as well as smaller niche players. This requires the company to continuously
innovate and improve its products, processes, and services, to stay ahead of the competition.

2. Regulatory environment: Baxter operates in heavily regulated industries, such as healthcare and
pharmaceuticals, where compliance requirements and laws can be complex and vary widely across
markets. Compliance failures can result in costly fines and reputational damage.

3. Product pricing: Pricing pressures and reimbursement cuts for healthcare products and services are
ongoing challenges for Baxter. As governments and healthcare systems push for lower costs, Baxter has
to manage its pricing strategies strategically while maintaining a focus on quality.

4. Supply chain concerns: Baxter is heavily reliant on its supply chain to deliver products to customers,
and disruptions or delays in the supply chain can have significant impacts on the company's operations
and financial results.

5. R&D investments: Baxter needs to continue investing in research and development to stay ahead of
the market and launch new products that address unmet patient needs. However, R&D investments can
be expensive, and the results may not always be guaranteed.