How would you characterize the organizational structure of J&J? Is decision making centralized?

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Johnson & Johnson (J&J) is a large, diversified healthcare company with a decentralized organizational structure. The company has three main business segments – Pharmaceuticals, Medical Devices, and Consumer Health – all of which are managed independently. Each segment is responsible for its own strategy, operations, and financial performance. This decentralization allows J&J to quickly respond to changes in their markets by giving each segment the freedom to make decisions based on local needs. However, there is still some centralization of decision-making at J&J as key strategic decisions are made at the corporate level by the executive committee. This committee consists of senior executives from each of the business segments who work together to decide how best to allocate resources and manage risks across the organization.