Overview and research of Beximco Pharma, Bangladesh

Beximco Pharma (BPL) is the leading pharmaceutical company based in Bangladesh. Beximco was included in 1976 and commenced functions in 1980 of manufacturing and marketing of Bayer AG, Germany and Upjohn Inc. In 1983, the company started manufacturing its formulations and it launched export procedure in 1992. In 2005 BPL created a subsidiary known as Beximco Infusions Ltd, the business produced intravenous products, and down the road Bexicom Infusion Ltd was merged with the parent company i. e. BPL. Inside the same time it completed the state-of-the-art oral solid dosage seed in conformity with the united states FDA and UK MHRA specifications, which includes been approved by major global regulatory systems.

Today Beximco Pharma is the major exporter of pharmaceuticals in the Bangladesh and really the only company to get Country wide Export Trophy (Silver), the highest countrywide accolade for export, for record three times. The company is the greatest producer of Metered Dosage Inhalers (MDIs) in the united states, and the first to produce CFC free inhalers. BPL is also the first company to create anti-retroviral drugs (ARVs) locally. Like a public limited company, its stocks are actively traded in Dhaka STOCK MARKET and Chittagong Stock Exchange, and Beximco Pharma has the unique distinction to be the only real company in the united states listed on Goal of London Stock Exchange.

Beximco Pharmaceuticals Ltd (BPL) is a leading producer of pharmaceutical formulations and Working Pharmaceutical Elements (APIs) in Bangladesh. The business is the largest exporter of pharmaceuticals in the united states and its own state-of-the-art processing facilities are qualified by global regulatory bodies of Australia, Gulf countries, Brazil, amongst others. The business is consistently building upon its profile and presently producing more than 400 products in several dosage forms covering broader healing categories which include antibiotics, antihypertensive, antidiabetics, antireretrovirals, anti asthma inhalers etc, among numerous others. Ensuring access to quality medications is the powerful aspiration that motivates more than 3000 employees of the organization, and all of them is led by the same moral and social responsibilities the company prices most. (www. beximco-pharma. com)

1. 1 Need for Strategic Human Source of information Management:

To accomplish company's goals and aims, it's important to understand the consequences of Strategic individual reference management within the organisation and their performance. Strategic human reference management ensure that employees are able to meet up with the organization's goals. Strategic Human being learning resource management establish plans, standards and types of procedures, to assimilate these with the organisation's aims, to provide advice and consistency, and also to coordinate and offer training and development. It also analysis competitive good thing about a an company for competition.

Strategic management can be involved with the entire direction of the organisation and therefore it is vital management activity. Today's trends in business mean that a lot more managers than recently have the ability and responsibility to donate to the tactical management. (Paul N Finlay, 2000)

Strategic human learning resource management is a complicated process which is constantly evolving and being studied and reviewed by academics and commentators. Strategic Human being Resource Management (SHRM) can be an area that continues to evoke a lot of debate in regards to what it actually embraces. (Wright and McMahan 1992).

As a new manager of the company, After all company need to a strong human tool management. Because In Bangladesh Pharmaceuticals industry is too competitive market. In Bangladesh has more than 250 Pharmaceuticals Company. Now BEXIMCO Pharma has maturity position in business level, it's a risky position. BEXIMCO Pharma carefully integrated human resource insurance plan, effectiveness and successful workforce.

Its strategic talents include strong acknowledgement of brands, very skilled work force and diversified business mix. Being truly a Learning Corporation the core substance of Beximco Pharma is its entrepreneurial spirit atlanta divorce attorneys sphere of its management. Within this spirit, the jobs of each managerial function are completed through HRM.

To maintain this strategic strength Beximco Pharma need to a strong and effective real human resource management.

1. 2 Reason for Strategic Human Tool Management Activities: