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A Learning Culture at Jazz Pharmaceuticals Creates Better Employee Performance, Retention, and Business Results Eric Fink Global Head of Learning & Development and Employee Communications
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Page 1: Jazz pharma webinar

A Learning Culture at Jazz Pharmaceuticals Creates Better

Employee Performance, Retention, and Business Results

Eric Fink Global Head of Learning & Development and

Employee Communications

Page 2: Jazz pharma webinar

Jazz Pharmaceuticals’ mission is to improve patients’ lives by identifying, developing and

commercializing important speciality pharmaceutical products to address unmet

patient needs.

Page 3: Jazz pharma webinar

Core Values

Pursuit  of   Excellence

Innova3on  Passion  Integrity   Collabora3on  

Page 4: Jazz pharma webinar

Executing on Our Growth Strategy

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Jun 2005 Jan 2012 Feb 2013

Mar 2003 Feb 2007 Jun 2012

Jan 2014

Acquired  Orphan  Medical  

Merger  with    Azur  Pharma  

License  Agreement  with  Concert  Pharmaceu;cals  

Acquisi;on  of  Gen;um  

Jazz  Pharmaceu;cals  Founded  

Licensed  from  Solvay  Pharmaceu;cals  

Acquired  EUSA  Pharma  

JZP-­‐386  

Jan 2014 Acquired  from    Aerial  BioPharma    

JZP-­‐110  

Page 5: Jazz pharma webinar

Why employees love working at Jazz Pharmaceuticals…

5

Jazz Pharmaceuticals 2013 Qualitative Employee Survey

Page 6: Jazz pharma webinar

Why employees join Jazz Pharmaceuticals…

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Jazz Pharmaceuticals 2013 Qualitative Employee Survey

Page 7: Jazz pharma webinar

Culture

Corporate Culture – A blend of the values, beliefs, taboos, symbols, rituals and myths all companies develop over time

Learning Culture – a term given to an organization that facilitates the learning of its employees and continuously transforms itself

Wikipedia 27Mar14

Wikipedia 27Mar14

Page 8: Jazz pharma webinar

Impact of Engagement

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Highly engaged employees have lower loss productivity at work

than disengaged. (7.6% days per year vs. 14.1%)

Highly engaged employees are less likely to leave their employer than disengaged employees. (18%

likely in next 2 years vs. 40%)

2012 Towers Watson Global Workforce Study

Page 9: Jazz pharma webinar

LOW CHALLENGE

HIGH SUPPORT

HIGH CHALLENGE

LOW SUPPORT

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Learning Environment

Stress Peak

Performance

Inertia Comfort Zone

Richard Olivier, Mythodrama

Page 10: Jazz pharma webinar

SABA Learning @ Work

SABA Enterprise

Page 11: Jazz pharma webinar

External Learning Programs

Page 12: Jazz pharma webinar

Internal Learning Programs

Page 13: Jazz pharma webinar

Employee Alignment

Annual company-wide survey gauges employee engagement and alignment with company goals, while identifying common themes and opportunities for improvement

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656 employees participated

(93% response)

47% have 3 years or less Jazz tenure

Key Highlights: • 95% responded they have a clear understanding of our mission and

values • 81% stated they are excited about the opportunities they have to learn,

share knowledge and contribute at the company •  95% of employees state they go above and beyond what is expected to help deliver the

company’s mission and goal •  88% would encourage people they know to apply for open positions at Jazz

Pharmaceuticals

Jazz Pharmaceuticals 2013 Quantitative Employee Survey

Page 14: Jazz pharma webinar

Employee Retention

“A 10 percent attrition rate is average for companies that have never gone through a

merger. But for those that have, the rate remains twice that, even nine years after the

event.” – Accenture Strategy Services

0 100 200 300 400 500 600 700 800 900

2009 2010 2011 2012 2013 2014

Total Number of Employees at Jazz Pharmaceuticals

Page 15: Jazz pharma webinar

Business Results

•  Helped support 3 consecutive years of double-digit volume growth for a product that is over 11 years old

•  Revenue Growth Total Revenues1

(in millions)

$1,100-­‐  $1,1602  

1 2011-2013 Audited; 2014G Unaudited. 2 G=Guidance. Guidance provided by Jazz Pharmaceuticals plc on and as of February 25, 2014. Jazz Pharmaceuticals plc is not confirming or updating that guidance, and actual results may differ.

Page 16: Jazz pharma webinar
Page 17: Jazz pharma webinar

Questions


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