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A Learning Culture at Jazz Pharmaceuticals Creates Better
Employee Performance, Retention, and Business Results
Eric Fink Global Head of Learning & Development and
Employee Communications
Jazz Pharmaceuticals’ mission is to improve patients’ lives by identifying, developing and
commercializing important speciality pharmaceutical products to address unmet
patient needs.
Core Values
Pursuit of Excellence
Innova3on Passion Integrity Collabora3on
Executing on Our Growth Strategy
4
Jun 2005 Jan 2012 Feb 2013
Mar 2003 Feb 2007 Jun 2012
Jan 2014
Acquired Orphan Medical
Merger with Azur Pharma
License Agreement with Concert Pharmaceu;cals
Acquisi;on of Gen;um
Jazz Pharmaceu;cals Founded
Licensed from Solvay Pharmaceu;cals
Acquired EUSA Pharma
JZP-‐386
Jan 2014 Acquired from Aerial BioPharma
JZP-‐110
Why employees love working at Jazz Pharmaceuticals…
5
Jazz Pharmaceuticals 2013 Qualitative Employee Survey
Why employees join Jazz Pharmaceuticals…
6
Jazz Pharmaceuticals 2013 Qualitative Employee Survey
Culture
Corporate Culture – A blend of the values, beliefs, taboos, symbols, rituals and myths all companies develop over time
Learning Culture – a term given to an organization that facilitates the learning of its employees and continuously transforms itself
Wikipedia 27Mar14
Wikipedia 27Mar14
Impact of Engagement
8
Highly engaged employees have lower loss productivity at work
than disengaged. (7.6% days per year vs. 14.1%)
Highly engaged employees are less likely to leave their employer than disengaged employees. (18%
likely in next 2 years vs. 40%)
2012 Towers Watson Global Workforce Study
LOW CHALLENGE
HIGH SUPPORT
HIGH CHALLENGE
LOW SUPPORT
9
Learning Environment
Stress Peak
Performance
Inertia Comfort Zone
Richard Olivier, Mythodrama
SABA Learning @ Work
SABA Enterprise
External Learning Programs
Internal Learning Programs
Employee Alignment
Annual company-wide survey gauges employee engagement and alignment with company goals, while identifying common themes and opportunities for improvement
13
656 employees participated
(93% response)
47% have 3 years or less Jazz tenure
Key Highlights: • 95% responded they have a clear understanding of our mission and
values • 81% stated they are excited about the opportunities they have to learn,
share knowledge and contribute at the company • 95% of employees state they go above and beyond what is expected to help deliver the
company’s mission and goal • 88% would encourage people they know to apply for open positions at Jazz
Pharmaceuticals
Jazz Pharmaceuticals 2013 Quantitative Employee Survey
Employee Retention
“A 10 percent attrition rate is average for companies that have never gone through a
merger. But for those that have, the rate remains twice that, even nine years after the
event.” – Accenture Strategy Services
0 100 200 300 400 500 600 700 800 900
2009 2010 2011 2012 2013 2014
Total Number of Employees at Jazz Pharmaceuticals
Business Results
• Helped support 3 consecutive years of double-digit volume growth for a product that is over 11 years old
• Revenue Growth Total Revenues1
(in millions)
$1,100-‐ $1,1602
1 2011-2013 Audited; 2014G Unaudited. 2 G=Guidance. Guidance provided by Jazz Pharmaceuticals plc on and as of February 25, 2014. Jazz Pharmaceuticals plc is not confirming or updating that guidance, and actual results may differ.
Questions