Organisational Change

Till now Near Future

Vivimed Labs Incremental Change Radical Change

Why Incremental basis ???

Technology improvement Product improvement Third Party Production Plant

Neither the requirement for introduction of new departments nor the linkage between these department is necessary
Why is there a necessity for radical change ?

Planned to introduce their products in the market

Requirements for the same ?

1. Need to introduce new departments
2. Linkages between these departments has to be maintained
3. Sustaining the transition among employees Result ?
Revitalizing not just the employees
but also their customers which in-turn
will build momentum and generate
internal confidence within the organisation
and generate more revenue
Organisational Effectiveness

Tangible,
Verifiable, Goal based approach
Measurable

1. Profitability 2. Efficiency

What measures their outcome ?

Sales
Based on the sales changes in the strategy and restructuring of the organisation takes place

Profit : 10crores(PAT) Mar-2018

Market share : 75% of the
ingredient market
CSR Policy
As mandated by the Companies Act, 2013, Vivimed will
spend at least 2% of the average Net Profits made
during the three immediately preceding financial years
calculated
MONITORING
•To ensure effective implementation of the CSR programmes
undertaken, a centralized monitoring mechanism will be
set up under the guidance of the Apex Body Committee.
•The progress of CSR activities under implementation will be
reported to the Committee, through the Company
Secretary of Vivimed, on a monthly / quarterly /
periodic basis.
•The Committee will have periodical inspection /
investigations carried out through independent professionals,
especially for high value programmes.
•The Committee may, independently, obtain feedback from
the beneficiaries about the CSR programmes