Question: i need to write about the formal project scope please help Organization Name: Johnson and Johnson - Well-Known High-Profile Organization Specifics: The company is a

i need to write about the formal project scope please help i need to write about the formal project scope
i need to write about the formal project scope
Organization Name: Johnson and Johnson - Well-Known High-Profile Organization Specifics: The company is a publicly-traded company that centralizes on the commitment of focusing on health and safety of society with the use of their manufactured healthcare products. The product we suggest is the implementation of temperature scanning kiosks that will help reduce not only COVID-related issues but can productively improve the work environment in any industry from IT, schools, hospitals, airports, restaurants, stores, etc. The goal is to not only help protect families and employees, but to also ensure that certain companies can be withstanding with the assistance of these state-of-the-art devices to thoroughly check if they can work within conditions of surroundings without feeling enclosed to not going to work Industry/Type/Market: A Pharmaceutical Medical Devices Consumer Healthcare Industry that seeks into succeeding in innovating products that can evolve in the future with the help of improving the sustainability of the world's global health, the community's support and the employee's overall self-development in order to satisfy consumers. Financials: In 2020, Johnson & Johnson's Pharmaceuticals Business accounted for roughly 53% of the company's total revenue at $43.7 Billion Medical devices brought in $23.8 Billion at 31% of the total revenue leaving Consumer Healthcare to provide 13% at $14 Billion. The total accumulated revenue for 2020 was $81.6 Billion. Johnson & Johnson both develops and sells pharmaceutical products/devices globally including, but not limited to: Orthopedics, Surgery, Interventional Solutions and Vision Care. The consumer base ranges from chain stores like Walgreens, CVS and Rite-aid, health clinics, LTC facilities, health maintenance organizations and retail stores. The company is projected to grow an additional 6,1% by 2022 estimating over $87 Billion in total revenue. Organizational Structure and Culture: This culture is a company-based environment, and its organizational structure is actually divided into several subcategories. The core values behind the organization depend on the unity of employees because they influence decision-making while maintaining common ground. Overall, this ideal structure creates effective communication and teamwork so that way every member can have rightful opportunities to not only share their ideas. but also make sure that the workplace feels flexible to everyone. Project Overview/Initiation Business Justification: . How will this project benefit the organization? Thermal scanners will benefit the organization by helping other organizations reopen their buildings. Many companies are eager to open, but do not have the resources to open. By having a thermal scanner employees and customers can easily come into buildings. Once a person is scanned of their temperature, they can go on about their day. Many companies will want to get a hold of this temperature scanner, since it is a requirement to be able to have a business open. It is contactless and highly accurate. The organization will benefit from the revenue they will acquire, from many other companies purchasing the thermal camera. Johnson and Johnson will also be known for helping reopening business with their product. It will also benefit the organization by going on investors radar, If they get more money from investors Johnson and Johnson will have a much larger budget to deliver more effective products, Initially identify Stakeholders Institutional investors hold a majority ownership of Johnson and Johnson through the 69.69% of the outstanding shares that they control Top 10 stakeholders of Johnson and Johnson, The Vanguard group, SSA Funds management Black Rock Fund Advisors, Geode Capital Management, Wellington management, State Farm Investment, Northern Trust Investments, Massachusetts Financial Services, Norges Bank Investment Management, And Black Rock Management Measures for Project Success Asure the quality of the temperature cameras are accurate, be able to make them economical for many companies to be able to acquire them. Make sure they meet the environmental safety. Able to achieve the scope Schedule when they can be dispersed, budget the expense of the product, have customer satisfaction. Ensure the quality is acceptable Log in all the feedback that is given from the customers to update what the product can improve on. Ensure the product's revenue covers overhead cost and product materials

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