No. 2 | Novartis Pharmaceuticals | DiversityInc Top 50

WHY THEY’RE ON THE LIST

KEY RESULTS


Promotions for Women into Management: 37.8% higher than the Top 10 and 52.2% higher than the Top 50

Supplier Diversity: Double the Top 10 average and triple the Top 50 average on subcontractors who are minority owned

SupplierDiversity: Four times higher than the Top10 average and nine times higher than the Top 50 average of subcontractors who are women owned

BEST PRACTICES

Novartis Pharmaceuticals Corporation (NPC) continues to maintain an impressive track record on the Top 50 list, and the company is well known for its proven commitment to promoting women into management positions.

D&I strategy places an emphasis on influencing the diversity of patients, customers and suppliers, as well as recruitment, on-boarding and talent development. In 2015, the company increased enterprise engagement and accountability for diversity and inclusion by transitioning ownership of the D&I Strategy to the NPC Pharmaceutical Executive Committee (PEC), an intra-divisional leadership team. The PEC is now directly responsible for setting the strategy and measuring progress/ outcomes aligned with NPC’s business objectives. In addition, NPC is forming new divisional councils that will implement the D&I strategy and key PEC decisions.

The company is also continuing to enhance the level of D&I competencies for human resources professionals and leaders through learning focused on unconscious bias, inclusive leadership, disabilities/accommodations and compensation/pay equity.

DIVERSITY LEADERSHIP

Fabrice Chouraqui

President, Novartis Pharmaceuticals Corporation

“As a healthcare company, we are committed to developing science-based innovations and we put patients at the center of all we do. We view diversity and inclusion as fundamentally important to our business. We understand that our associates’ diverse backgrounds, perspectives and capabilities are critical in helping NPC respond to the needs of diverse patient communities and to succeed in the evolving healthcare landscape.”

Rhonda Crichlow

Vice President and Head of U.S. Diversity & Inclusion

“NPC associates are motivated by the company’s focus on improving the health outcomes of patients through the development of innovative medicines. Diversity and inclusion are essential to achieving this goal, and we are committed to creating a patient-centered culture that celebrates diversity and values inclusion, enabling associates to channel their energy and talent on enhancing the quality of life of patients and caregivers.”

COMPANY FACTS

NVS (NYSE)

U.S. HEADQUARTERS:East Hanover, N.J.

GLOBAL EMPLOYEES:7,103

Last Year’s DiversityInc Top 50 Ranking No. 1

DiversityInc Lists

No. 5 Recruitment

No. 6 Employee Resource

Groups

Latest News

martin, delany

Black History Month Profiles: Martin Delany, Journalist, Author, Physician, Abolitionist, Soldier

During Black History Month, DiversityInc is honoring a series of Black innovators and history makers who are often overlooked in mainstream media coverage and history books. Check back throughout February to learn about more important figures. Related Story: Black History Month Profiles: Claudette Colvin, Civil Rights Activist Born: May 6,…

Dow Named Among Derwent Top 100 Global Innovators in 2020

Originally posted on Dow.com Dow announced it was named among the Derwent Top 100 Global Innovators by Clarivate Analytics in its 2020 report. The annual report identifies and celebrates the world’s most innovative organizations that successfully develop valuable patented inventions that also have strong commercialization potential based on market reach…

Wells Fargo Foundation Increased Access to Housing, Jobs, Financial Coaching in 2019

Originally published on newsroom.wf.com. Grants funded nonprofits in 50 U.S. states, Washington D.C., Puerto Rico, and international cities. In 2019, the Wells Fargo Foundation launched a new philanthropic strategy anchored around unlocking economic opportunity for people and communities by addressing housing affordability, small business growth and financial health. The Foundation invested $455 million…

Hilton

How Do You Become the #1 Best Company to Work For? Ask Hilton – They Just Did It for the Second Year in a Row

Originally posted on Hilton.com Hilton earns the top spot on prestigious list of U.S. employers two years running Hilton has been recognized for its extraordinary workplace culture, earning the highest honor on the prestigious 2020 Fortune Best Companies to Work For® in the U.S. list for the second consecutive year. Hilton is the…

AIG Insurance Careers Month

In honor of the 5th Annual Insurance Career’s Month, AIG is proudly showcasing its dedicated employees. Throughout the month of February, several “Up Close” features have been created following the 2020 themes of philanthropy, diversity and inclusion and insurance as a purpose-driven industry. Priya Kumar from the Investments team shares her…