Category Archives: Business Case for MBAs Schering: shereholder meeting Ma

Whither the Common "Business" Sense, at Schering?

It does seem “all-too-uncommon” (to paraphrase Mark Twain), of late, at Schering-Plough.

Putting aside for the moment the question of whether this, this [or even this and this] is a fully-lawful course of conduct during a crisis, I am truly-surprised that apparently no one at Schering is asking the business reputation questions — even if it all turns out to be legal — “How is this going to look to our employees, to our medical customers, to Congress, to the SEC, to the DoJ and. . . to our shareholders?” and/or “Is this course of conduct in our longer-term enlightened self-interest?”

Is this wise?”

Will it feel ethical, and trust-building, to the shareholders? Speaking of shareholders, that meeting is only nine (9) days away, now. That should be an interesting meeting — for all four of the above reasons.

[Side note: Tomorrow’s Congressional Hearing Witness List is now up — Deepak Khanna, VP and GM of Merck/Schering Pharmaceuticals, will testify at those DTC hearings tomorrow morning on the Hill — watch this space.]

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Whither the Common "Business" Sense, at Schering?

It does seem “all-too-uncommon” (to paraphrase Mark Twain), of late, at Schering-Plough.

Putting aside for the moment the question of whether this, this [or even this and this] is a fully-lawful course of conduct during a crisis, I am truly-surprised that apparently no one at Schering is asking the business reputation questions — even if it all turns out to be legal — “How is this going to look to our employees, to our medical customers, to Congress, to the SEC, to the DoJ and. . . to our shareholders?” and/or “Is this course of conduct in our longer-term enlightened self-interest?”

Is this wise?”

Will it feel ethical, and trust-building, to the shareholders? Speaking of shareholders, that meeting is only nine (9) days away, now. That should be an interesting meeting — for all four of the above reasons.

[Side note: Tomorrow’s Congressional Hearing Witness List is now up — Deepak Khanna, VP and GM of Merck/Schering Pharmaceuticals, will testify at those DTC hearings tomorrow morning on the Hill — watch this space.]

Whither the Common "Business" Sense, at Schering?

It does seem “all-too-uncommon” (to paraphrase Mark Twain), of late, at Schering-Plough.

Putting aside for the moment the question of whether this, this [or even this and this] is a fully-lawful course of conduct during a crisis, I am truly-surprised that apparently no one at Schering is asking the business reputation questions — even if it all turns out to be legal — “How is this going to look to our employees, to our medical customers, to Congress, to the SEC, to the DoJ and. . . to our shareholders?” and/or “Is this course of conduct in our longer-term enlightened self-interest?”

Is this wise?”

Will it feel ethical, and trust-building, to the shareholders? Speaking of shareholders, that meeting is only nine (9) days away, now. That should be an interesting meeting — for all four of the above reasons.

[Side note: Tomorrow’s Congressional Hearing Witness List is now up — Deepak Khanna, VP and GM of Merck/Schering Pharmaceuticals, will testify at those DTC hearings tomorrow morning on the Hill — watch this space.]