Tune In To Get ‘Unplugged’
Fridays just got a whole lot more fun with #CiplaUnplugged!
I look forward to Fridays as much as the next person. Don’t get me wrong, I love my job. But unwinding on the weekend is pretty special too. And then, one Friday, I discovered I could unwind right here, at work! It was the day that #CiplaUnplugged went on air.
For the uninitiated, #CiplaUnplugged is the company’s in-house radio program that airs twice a month (yes, on a Friday) and can be heard by our employees all over the world – that’s 26,000 tuning in across offices in India, South Africa, North America and several of our emerging markets!
So, what’s special about this? Well, for one, it unblocks, unfreezes us and infuses fun at work along with being a platform to promote leadership interactions, disseminate company updates, reinforce our #OneCiplaCredo, share success stories and more. You can request for songs, make dedications and even get some wellness tips on air. This is in between snippets of interesting information about our organisation and our legacy and much, much more.
My personal favourite though, are the interviews with leaders. Where else can you get to know the person behind the persona and ask them all those questions you’ve always wanted to? Right here – on #CiplaUnplugged – so much more than a Corporate Radio Program, it’s a platform that opens up the lines of communication between leaders and employees, celebrates achievements and energises the entire organisation in a fun way.
— ashwani (@ashwanidahiya1) May 19, 2017
My primary role at Cipla involves engaging employees and fostering a happier workplace; I can’t think of a better way to do it than on this platform. Here’s a big shout out to the team that brilliantly choreographs #CiplaUnplugged with so much passion – Swati Prasanna, Tajman Bhullar & Snehal Patade – you guys rock! And big thanks to Prabir Jha & Ashwani Dahiya for being the inspiration behind this and orchestrating this welcome change at Cipla.
And of course, when the next #FunFriday rolls around, you know where to find me – unblocked from routine and tuned in to ‘Unplugged’. For the rest of you, stay tuned – glimpses from #CiplaUnplugged are coming soon!
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Cipla Announces Q4 & FY18 Results
Vatch the video.
Cipla Limited (BSE: 500087, NSE: CIPLA) today announced its audited consolidated financial results for the full year and quarter ended March 31, 2018.
The Company reported full year revenues of Rs 15,219 crores, growing 6%# y-o-y. EBITDA margins, before exceptional items, increased by over 160bps to 18.6%. For the quarter ended March 31, the Company reported revenues of Rs 3,698 crores, growing 5%# y-o-y. The R&D investments in the quarter ramped up to ~7.6% of revenues. Key markets including India and South Africa continued to deliver strong growth.
“This financial year, our focus remained on strengthening our portfolio and deepening our presence in priority markets. We are happy that our efforts on cost and efficiency improvement helped us deliver the full year margin ahead of our guidance range. Our focus for next year will be to continue our growth trajectory in key markets and investments in portfolio for sustainable growth. We continue to strive to make a difference to patients through meeting unmet needs and our continuing focus on quality & innovation”
– Umang Vohra MD and Global CEO, Cipla Ltd.
Overall P&L (in INR Cr)
- FY18 EBITDA, before exceptional items, grew by 14.2% on a year on year basis with PAT growing by 40% .
- Strong momentum continues across key markets with India business delivering a strong quarter with growth at ~21% (GST Adjusted) y-o-y. South Africa, API, Europe and Sub-Saharan markets continued strong momentum. The US business saw launches of key products.
- South Africa business delivered yet another record quarter of R1bn+ sales (adjusted for one-offs) recording 18% growth for Q4 vs last year in US$ terms.
- Strong pipeline maintained during the year with 24 new filings during the year.
- Focused efforts towards building a strong Specialty portfolio for US. Steady progress in development of Tizanidine patch.
- R&D investment for this quarter stood at ~7.6% of revenues. Increase was driven by clinical trial charges related to Advair among others.
How Cipla’s Self-Learning And Continuous Learning Approach Is A Game-Changer
Learnability is the biggest skill one can possess in the hyper-dynamic times that we exist in. There is a need for people to quickly learn and unlearn, and re-invent themselves if they seek to survive in the professional arena. At the same time, owing to how automation and technology are changing the nature of jobs, even organisations need to focus on continuously adding to the knowledge and skills of their people to stop them from becoming redundant. Gone are the days when learning and development were seen as a cost burden. It has now become essential for businesses that seek to sustain and grow in the existing volatile business scenario.
Cipla has been transforming its approach towards learning through focused efforts by its learning and development arm, Cipla University. In line with its philosophy of continuous learning, Cipla University believes in offering best-in-class training while promoting continuous learning that would enable all its associates as well as the organization on the whole Learn-Excel-Grow in a regular manner. This would not just lead to performance excellence in the present, but more importantly make individuals and the organization, future ready as well.
Hemalakshmi Raju, head- learning and development, Cipla says, “It’s not knowledge but a continuous learning approach that provides a competitive advantage.”
Raju shares that the organisation observed that there was a hunger for learning, and people needed guidance to be more efficient at what they do. More so, as the sales representatives in the pharmaceutical industry are mostly on the field and spend a significant amount of time, on-the-go. In addition, they have to deal with people who are way more qualified than them — the doctors. Even more challenging is the fact that their interaction window is limited to a few minutes versus the wait time that may be an hour or more.
It’s not knowledge but a continuous learning approach that provides a competitive advantage.
“Keeping all these challenges in mind, we realised that the field force required learning on the go such that they have anytime, anywhere access to relevant content. We launched mobile learning for the field force, a year ago. It allows them to utilise their wait time for learning, along with constant self-assessment on the same,” Raju explains.
The Company follows the 70:20:10 principle for its learning initiatives, and focuses majorly on continuous learning and self-learning. It has a unique programme called ‘Keep educating yourself’, under which it has provided its people access to a set of curated MOOCs. ‘My learning challenge’ is another unique initiative, that was organized sometime back, wherein employees could enroll themselves, pick a topic of their choice and spend at least half an hour every day, for ten days, learning the same.
Raju shares that over 250 people had enrolled for this programme across the globe, of which the best 10 were selected as learning champions. “The idea behind all these initiatives has been to inculcate in our people a habit of learning on their own,” Raju opines.
Cipla recently organised a learning expo at its office in Mumbai, with an aim to encourage self-learning and learning on the go. The event attempted to sensitise people and orient them to utilise various tools for self-learning through gamification.
Raju shares that the buy-in from the top management towards these digital learning efforts is extremely high and Cipla’s CEO, Umang Vohra and group chief people officer, Prabir Jha are strong proponents and ambassadors of the same
Looking ahead, Cipla is planning to organise social-learning drives, through digital platforms. It will include strong peer-to-peer learning through ‘tag and learn’ initiatives.
“Learning is not just about individual capability building but organisational capacity building” is a strong perspective held by Jha and Raju feels that Learning On the Go will be a key lever in bringing this alive.
This article originally appeared in HR Katha.
5 Ways To Create A Positive Image At Work
Employees who exhibit positive behaviour at work not only tend to be more productive than others but also encourage others to push themselves harder.
Here are tips from experts on how to wear just the right attitude at work.
1. Organisational Culture
Every organisation has its individual work culture. “As an employee, do your best to understand the values behind it and try actively to be part of it,” says Sashi Kumar, managing director, Indeed India. “You must demonstrate willingness to work towards the company’s goals and its larger vision.
2. Be Vibrant & Lively
Don’t be dull at the workplace. “Show energy, initiative and enthusiasm. This strength is infectious and attracts people. Conversely, cynicism, cribbing and endless moaning destroy your image,” says Prabir Jha, global chief people officer, Cipla.
3. Company Counts
Never forget that the people you hang out with define you in a way. It is very important to keep the right company. “Be seen as one who attracts good talent and works with high-performers. You do get a positive rub-off from this,” says Jha.
4. Be Meticulous
“Staying on top of your assignments will not only help create a stress-free environment for yourself and others working with you but also allow leeway for you to explore new avenues of work,” says Kumar. “Everyone loves a person who consistently over-delivers,” says Jha.
5. Go the Extra Mile
“Positive thinking, even in difficult situations, can help showcase your professional maturity to supervisors and garner trust from your colleagues. Having an approachable manner can encourage peers and subordinates to seek advice,” says Kumar.
This article originally appeared in the Economic Times.
Innoventia – Search For Disruptive Innovation in Healthcare
Keeping up with Cipla’s innovation-driven credo, happy to share one of our big initiatives towards the same. Check out Innoventia.Cipla.Com to participate & reinvent the way we deliver healthcare.
I take this opportunity to also write my thoughts on why an initiative like Innoventia is much needed in our times.
They say when data is tortured enough, it will confess to anything! This couldn’t ring truer than now- when ‘sharing’ has become a way of life, thanks to the digital takeover of our lives. Everything is under the impact of the fastest moving phenomenon in recent times: CHANGE. In fact, change is the new technology, permeating everything, especially healthcare.
Have an IDEA that can disrupt healthcare? Here’s your chance to bring it to life with @CiplaInnoventia, an #Innovation challenge by @Cipla_Global. Curious to know more? Visit https://t.co/PBY16PKla2. #CiplaInnoventia pic.twitter.com/wEfBCGlnaJ
— Cipla (@Cipla_Global) May 4, 2018
We are already witnessing applications for blockchain and more uses for AI, especially in diagnosis. Analytics has become the new buzzword. In the broad sweep of AI’s current worldly ambitions, machine learning healthcare applications seem to top the list for funding. Clearly, healthcare is no longer about the passive delivery of diagnostics, drugs and infrastructure. Guess why?
Along with the diseases, patients are changing too – across the spectrum of understanding, knowledge, and management of diseases given the emerging technology canvas.
So what’s next? Innovation is the only answer – to tide this wave of life-altering times to transform the delivery of care.
Therefore, is it healthcare or tech care? A question that will perhaps be answered through the lens of innovation.