Valeant Pharmaceuticals International North America

This dwindling position of its stock along with its weak resource base was tempting the company to accept continual losses. However with the shift in ownership structure the company managers are now devising newer strategies to help in gaining an enhanced market and thereby counter a rise in potential revenues. The strategies like acquiring of smaller and weaker firms and also of products have helped the company in extending its product and market portfolio in North America. Further the marketing strategies are also being developed to gain hold of potential consumer and market bases. Creation of value addition through the activities of the company in the social sphere has helped it in enhancing the relationships of the company with the consumer profile. Such enhanced relationship helps the company in gaining effective feedback from the consumer profile and thereby in making subsequent modifications in the products and services rendered. However the firm needs to work to enhance its internal resources for helping in the meeting of the extended requirements (Arnold et al. 246-257). The paper in this regard focuses on conducting a situational analysis on the performance parameters of the company in the North American market. …
Leadership Issues The leadership issues at Valeant Pharmaceuticals happened owing to shift in ownership of controlling the company along many hands. It is found that in the initial stage owing to problems in meeting the needs of the shareholders the captainship of the company was given to Robert W. O’Leary who took over as the new Chief Executive Officer. O’Leary strategized the operations to help create a knowledge firm which would help produce quality pharmaceutical products for the extended market. Further the strategy envisaged by him also worked in investing in the growth of strategic units which worked in consonance with the policies of the business organization. On the contrary divestiture plans were envisaged in regards to the units which were not performing in consonance with the organization’s needs. Thus many units pertaining to Central and Eastern Europe and also other units in Russia were subjected to divestiture plans and fund released from such were used to restructure the policies and operations of the business organization. These units along with other units operating in the American regions were closed down which were not considered befitting with the future plans envisaged for the organization. Change in the management structure was also envisaged keeping in tune to the policy directions of the company. Such changes in the management structure helped in creating a more professional board of directors through emphasizing on the parameters of corporate governance and business transparency. During 2005 the ownership of the company again changed from the hands of O’Leary to Timothy C. Tyson who is found to bring about