Top Company for Diversity Management Progress: Novartis Pharmaceuticals Corporation
Accepting Award: Christi Shaw, President
Reasons for Honor:
How does a company go from being No. 21 on the DiversityInc Top 50 to No. 13 the next year to No. 6 and then to No. 1
Two things: deeply committed leadership and hard work.
Novartis Pharmaceuticals Corporation is a case study of diversity-management progress. The company developed a disciplined, two-year plan focusing on human-capital results. The executive-leadership team’s annual performance-management goals include a 20 percent weighting toward objectives that have specific diversity initiatives.
The diversity leadership of President Christi Shaw and Chief Diversity Officer Rhonda Crichlow is apparent in everything this company does. Today, women represent more than 50 percent of senior-level management, including scientific positions, and all of the demographics are improving significantly.
Novartis Pharmaceuticals Corporation uses diversity to understand the marketplace and connect with drug patients. The company has 15 employee resource groups, including groups for working parents, caretakers and a group called Cancer Hope. More than 40 percent of employees are members of these groups.