Johnson & Johnson is the world's most comprehensive manufacturer of health care products, as well as provider of related services, for the consumer, pharmaceutical and professional markets. Johnson & Johnson utilizes a structure of decentralized management, based on the principles embodied in our Credo and managing the business for the long term.

The concept of decentralized management is an important difference between our company and most others. Instead of operating as one large $27.5bn corporation, Johnson & Johnson is operate as 190 smaller companies, each affiliate focused on generating multiple options for growth. Through decentralization we combine the advantages of being multinational with the focus of smaller firms.

The unifying force for over 90,000 employees within Johnson & Johnson is the Credo. The Credo is a shared value system that provides a constant reminder of the company's responsibilities in dealings with all of our constituents:

ë  Our Customers
ë  Our Employees
ë  Our Community
ë  Our Shareowners

In addition, Johnson & Johnson continues to be managed for the long term in the most fundamental sense. The combination of innovative thinking, market place focus, partnering with others and a continual commitment to Research & Development has seen Johnson & Johnson sales increase for 67 consecutive years.

Johnson & Johnson's proven track record over the years for creating enduring value has been directly attributable to the combination of these unique underlying strengths.


More information on Johnson & Johnson can be obtained through Johnson & Johnson's website @ www.johnsonandjohnson.com

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