Reader Jim T. provided us with a link to some news on CNN about Johnson & Johnson, whose never-ending string of manufacturing debacles have been well-covered in Evolving Excellence. When you get a couple of marketing people, a few scientists and a room full of accountants together – all of whom think manufacturing is not nearly as imporant as margins and brand management - this is what you get … Thanks Jim!
U.S. Takes Over Three Tylenol Plants
NEW YORK (CNNMoney) — The government is taking over three Tylenol plants following a blizzard of drug recalls and a Food and Drug Administration criminal investigation into safety issues at the factories.
Read the rest of the article here
david foster says
I sold my J&J stock a while back, based partly on your coverage and on the very damning Fortune article on the idiotic organizational decisions that led to the quality disasters.
Oddly enough, there’s a Motley Fool article today with the headline: “Is J&J the right stock to retire with?”
John Mette says
Great article in “Wired” recently that reinforces the message you guys have been sharing about on-shoring.
http://www.wired.com/magazine/2011/02/ff_madeinamerica/