Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech

How Johnson & Johnson wants to drive innovation through diversity

October 7, 2019 By Danielle Kirsh

Johnson & Johnson (NYSE:JNJ) today announced its inaugural “You Belong: Diversity & Inclusion Impact Review,” outlining its strategic diversity and inclusion philosophy that is driving innovation at the company.

In the Impact Review, Johnson & Johnson said it developed and launched its diversity and inclusion vision, mission and definition in 2018. The initiative was designed to create alignment throughout the organization to five a better idea of what diversity and inclusion means and how to use it in how the business operates.

The company also continued to roll out an unconscious bias training program that has since been completed by 105,000 employees, 95% of managers and more than 85% of all employees.

Inclusive cultures have been shown to be eight times more likely to achieve better business outcomes, six times more likely to be innovative and agile and three times more likely to be high performing, according to diversity and inclusion data from Deloitte. A Gallup study also reports that improving inclusion can result in a 27% reduction in turnovers, 40% reduction in safety incidents and a 12% increase in productivity.

“We believe that only when our employees can be their true, authentic selves can they spark innovative solutions to the problems facing our world,” EVP and chief HR officer Peter Fasolo said in a news release. “From our humble beginnings more than a century ago, diversity and inclusion have been at the heart of our prescription for success. Our associates around the world work hard to make Johnson & Johnson a welcoming place where diverse ideas can flourish, and with this publication, we’ve tried to bring their stories to life. We’re honored to share it with the world.”

Johnson & Johnson has also integrated inclusion throughout performance management, development and compensation conversations; launched a global diversity and inclusion honors program to celebrate driving business impact in its three strategic pillars; launched a #BelongatJNJ campaign for employees to share their diversity and inclusion stories and hosted TEDTalk events at Johnson & Johnson to allow employees to share unique stories and experiences.

“Having diversity and inclusion as a business imperative is so critical. It’s about far more than checking a box and can’t simply be boiled down to one initiative or program,” chief diversity and inclusion officer Wanda Bryant Hope said. “Instead, D&I needs to inform every component of business operations. Our Impact Review sheds light on our evidence-based approach, and how it has made a difference for our patients, stakeholders and customers around the world. We’re proud of the progress we’ve made and are honored by the recognition we’ve received globally by prominent organizations as we continue to prioritize our culture of belonging. But, we know that there’s always more work to be done.”

Related Articles Read More >

Steris
Steris rises on Street-beating Q4, sets fiscal 2023 guidance
A smiling portrait of AWS Chief Medical Officer Taha Kass-Hout
Amazon Web Services is powering medtech innovation: Its chief medical officer explains
Resonetics buys Hudson Medical Innovations
Machine Bio wins first BioTools Innovator competition

DeviceTalks Weekly.

May 13, 2022
Our Pre-Post-DeviceTalks Boston episode, also MedtronicTalks replay with Gastro CMO Austin Chiang
See More >

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

Enewsletter Subscriptions

Enewsletter Subscriptions

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • MedTech 100 Index
  • Medical Tubing + Extrusion
  • Drug Delivery Business News
  • Drug Discovery & Development
  • Pharmaceutical Processing World
  • R&D World
  • About Us/Contact
  • Advertise With Us
  • Subscribe to Print Magazine
  • Subscribe to E-newsletter
  • Attend our Monthly Webinars
  • Listen to our Weekly Podcasts
  • Join our DeviceTalks Tuesdays Discussion

Copyright © 2022 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • The Big 100
    • Webinars / Digital Events
    • Whitepapers
    • Video
  • 2022 Leadership in MedTech
    • 2022 Leadership Voting!
    • 2021 Winners
    • 2020 Winners
  • Women in Medtech