22.08.2024 Today’s Inspiration from Joaquin Duato, CEO of Johnson & Johnson, from ROI-NJ
Dear Students,
When considering the reasons for global business success, you’ve no doubt heard of this trio of concepts…
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Principles
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Data
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Technology
…as being contributors to the “formula” of numerous recognized leaders and companies.
Indeed, these have certainly been crucial components of the strategy espoused by today’s featured executive, throughout his career. However, it’s the “people” and “power” skills that have especially fostered CEO and Chairman Joaquin Duato’s outstanding contributions to Johnson & Johnson, the world’s largest and most diversified healthcare company, with $85B in 2023 revenues and operations in 60+ countries.
From his early days growing up in Valencia, Spain, Duato’s grandmother modeled concern for others within her pharmacy business, explaining to him that “the important thing is not the medicine; the important thing is the person.” Such values have informed Duato’s lengthy (35-year) career with J & J, while leveraging a continuous learning mentality throughout an impressive 12 internal moves. Notably, Duato’s growth strategy “led to the turnaround in J & J’s struggling pharmaceutical business, in the early 2000s,” according to Wikipedia.
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Being responsible to patients, medical professionals, company employees and all the communities you serve has been a hallmark of Johnson & Johnson’s famed credo for 80 years — something every employee learns from their first day with the company. That certainly was true for J&J CEO Joaquin Duato, who started at the company 35 years […]
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And while Duato’s tri-lingual communication skills (in Spanish, English and Italian), MBA and Master of International Management have all contributed to his impact, he strongly believes in learning through new experience, saying that “Each [career] move, ‘opened a set of opportunities that I never would have imagined. You have to be willing to take on these opportunities. You have to be willing to say yes.'”
Some great advice on flexibility, perseverance, curiosity and willingness to take risks for ambitious international students like you, who may initially feel more comfortable operating within your perceived academic or professional “comfort zone.”
Our coaches are here to help candidates like you to “become comfortable being uncomfortable,” in trying on “new hats” throughout your career.
Buenas noches,
Amy-Louise