Sustainability at Baxter is a long-term strategic approach to including ...

crunchkingofprussiaBiotechnology

Dec 6, 2012 (4 years and 7 months ago)

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Baxter Healthcare

Making a Meaningful Difference in
Lives Around the World


Industry Day
-

Indiana University

09
/
20
/
12

Mike Iwanski

Baxter Healthcare


Who are we?



A leader in healthcare


More than
75
years of innovation and leadership in healthcare


Assist healthcare professionals and their patients with
treatments of complex medical conditions


Global


$
13
billion global market leader


Approximately
60
% of sales outside the United States


Experts in medical devices,
pharmaceuticals
and biotechnology


Culture grounded in a set of shared values


View sustainability as a long term approach to balancing
business priorities with social, economic and environmental
responsibilities


A Truly Global Presence


Approximately
50
,
000
employees around the world in more than
250
facilities


52
manufacturing facilities in
28
countries


Products sold in more than
100
countries
with ~
60
% of revenues coming from
outside the United States



“Baxter employees around the world are

connected by their enduring commitment

to save and sustain lives. It is this higher

purpose that binds us as a company and as

global citizens.”



Robert L. Parkinson, Jr.



Baxter Chairman & Chief Executive Officer





Baxter’s Business Portfolio


Balanced, global portfolio with strong franchise breadth and
depth


Well
-
recognized global brand that drives market leadership


Focus on essential therapies for life
-
threatening conditions


Leveraging capabilities across businesses to provide high quality,
cost
-
effective products and services

BioScience

Medical
Products

BioScience

$
6.1
billion

Biopharmaceuticals and devices for
chronic conditions, including
hemophilia, immune deficiencies and
other blood
-
related disorders.


Recombinant Proteins


Plasma
-
Based Products


Vaccines


BioSurgery


Transfusion Therapies

Arthur Scott and Alfred Coleman have
hemophilia, but are able to lead active
productive lives thanks to Baxter’s
recombinant Factor VIII.

“I never thought I’d be able to see my
sons grow. I’ve since learned that they
can be normal, active boys as long as
they have their clotting factor.”

Karen Coleman, mom

Medical Products

$
7.8
billion

Systems to deliver fluids and
medication to patients.


IV Therapy/Nutrition


Infusion Systems


Drug Delivery


Anesthesia/Critical Care


Renal

Provide Innovative solutions and
services to pharmaceutical
partners.

Developing Solutions to Meet Patient Needs at All Points of Care

A Responsible Approach to Conducting our
Business

7

Sustainability at Baxter is a long
-
term strategic approach to including business
priorities among social, economic and environmental responsibilities


Baxter’s nine sustainability priorities lead the company’s efforts in areas such as carbon
emissions, natural resource use, inclusion and diversity, ethics and compliance, product
stewardship, access to healthcare and education


Award
-
winning sustainability report available online at sustainability.baxter.com


Baxter has been recognized by or affiliated with many sustainability
-
related
organizations and programs including:

Exercise


Baxter Finance Processes

8

Monthly Operating
Reviews

Long Range Plan

R&D Prioritization

Annual Operating
Plan

Process

Purpose

Monthly/Quarterly
Close

Focused on Company
Strategy; Macroeconomic in
Scope; “Big Picture”

Roadmap to Meeting Internal
Expectations

Management Updates; Forum
to Discuss Near
-
term Risks
and Opportunities

Product Pipeline Analysis and
Portfolio Management

Ensures Regulatory
Compliance and Reporting
Accuracy

Financial Development Program


Rotational Program


Infuse Baxter with strong, top caliber talent


Develop talent, building leadership pipeline


Four rotations, approximately nine months each


Development through training and on
-
the
-
job training in wide
-
range of finance disciplines


Both domestic and international rotational assignments are
available. Approximately
25
%
of the rotations are international:


Europe
: Belgium, Ireland,
Austria
and
Switzerland


Asia / Other
: Canada,
Singapore
and Australia


US
: Northern Illinois, California, Florida and various
manufacturing plants and satellite offices

Financial Development Internship Program


12
-
week internship


Summer
2013


Positions in a number of areas including:


Financial reporting and planning


Business analysis


Manufacturing/cost accounting


Corporate (e.g., tax, treasury, audit)


Exposure to senior leadership and cross
-
functional teams
across the organization


Training and development throughout program

Rotation Assignments

Roles


Financial Planning and Analysis


Corporate Audit


International Finance


Corporate Tax


Financial Information Systems


Manufacturing Finance


Financial Reporting

Environment


Corporate


Global Business


Strategic Business Unit


Region / Country


Manufacturing Plant

FDP Candidate Profile


Accounting

or
Finance

undergraduate major


12
hours of accounting coursework to enter
FDP


15
hours of accounting coursework to
graduate the FDP


Record of academic excellence


Drive & initiative


Positive attitude


Critical/analytical thinking


Interpersonal skills


Sound decision
-
making


Flexibility


Strong communication skills


Willingness to learn from others


Embraces change of culture and
environment


Willing to relocate for rotations

Upcoming Campus Visits

FDP/
FDiP
/SLP Recruiting


Pre
-
night Presentation



10
-
21
-
12


First Round Interviews (UCSO)


10
-
22
-
12


Second Round Interviews


(UCSO)

10
-
23
-
12

The impact of healthcare innovation is
measured in lives. A single life saved has an
impact on generations of lives to follow.

www.baxter.com