Kaleidoscope E-magazine

KALEIDOSCOPE Expression of ALKEMITES Vol : 2 | JANUARY 2021 Who’s The N ext Edison? Celebrating Values 2020 Go Happy Festivit ies! ing Digital!

I NDEX KALEIDOSCOPE 1 Expression of ALKEMITES Editorial Vol : 2 | JANUARY 2021 6 2 HAPPY NEW YEAR! 4 Half Yearly New year Management Financial Highlights Message Interacts 7 10 Going Digital! Celebrating Cover Story our Values 15 20 26 2020 Brushstroke Know Your Champions Who’s the Company of Change Next Edison? 29 28 35 Happy My Story Employee’s Festivities! Desk 46 37 49 Travelogue CSR Chef ’s Corner 54 50 COVID safety/Talk to Rewards & Me/Contributors Retirement

Editorial S Bushil arkur (AVP- L&D, TM and OD) I am happy to present the 2nd edition of culture and winning spirit of Alkem intact. The cover story “Going Digital! The game Kaleidoscope to you and take the changer for Alkem” highlights the key opportunity to wish you and your family a digital initiatives to make the business happy, prosperous and healthy 2021. processes nimble and agile. The Spotlight section offers the opportunity to know our As the world cautiously takes steps towards business leaders closely. Employee section normalcy and news of the arrival of vaccine offers some interesting reads. Apart from against COVID has kindled a new set of these there are many more things to be expectations that the year 2021 is going to explored inside this issue. I am sure you will be the year of resurgence. The year gone by find this issue interesting and worth has further reinforced our faith in the reading. indomitable spirit of mankind to overcome any obstacles. Regardless of hardships we I am thankful to all the contributors who all faced in 2020, there are still lessons we have spared their valuable time to share can derive from our experiences that teach their personal space with us. Special thanks us to accept that nothing is constant, to and gratitude to the Creative team, IT team prepare for the unexpected, to be agile, to and the entire Kaleidoscope team to bring recognise the importance of teams, to keep out this edition. innovating and the importance of sticking to our values. Wishing you a happy reading In this edition of Kaleidoscope, you will get to know how Alkemites were kept bound together in these difficult times through various people engagement initiatives across organisations to keep the vibrant 1

New Year Message B. N. Singh (Executive Chairman) Dear Alkemites, For our domestic business, we realise that Anitbiotic market showed degrowth We enter the New Year of 2021 with a new leading to many of our mega brands not ray of hope leaving behind a challenging performing well. However, it was year 2020. Covid-19 pandemic posed a heartening to see brands like Uprise D3, A challenge not only to Alkem but entire to Z group, PAN group, Dabiclot etc. humanity. Many of our fellow Alkemites perform well and reach significant also got infected with the virus. I would like milestones in 2020. This could be achieved to stress upon all Alkemites to continue only because of your commitment & hard taking precautionary measures like work. wearing masks and maintaining social distancing in the New Year 2021 to Strong doctor Connect and Innovative safeguard themselves and others from digital marketing strategies played a key Corona virus. I wish you all a very Happy & role in driving brands. We also successfully Prosperous New Year. Let me take this launched new brands like Obetohep, opportunity to thank every stakeholder of Prulastin group, Dapanorm, Tofe which the Company for supporting us and for achieved top rankings from the launch your non-stop collaborative efforts amidst month itself. We should take a resolution such difficult times. that we will give full energies to make the new products launch a success & make As we reach the 50th anniversary of the them big brands of tomorrow. year of establishment of Alkem, we should commemorate by achieving our collective Doctor coverage becomes crucial for better vision to become a 2 Billion dollar performance as doctors have started Organisation by FY 24. I would like to thank meeting Marketing Executives and all Alkemites for their stupendous efforts Managers. Brand building is the strength of amidst such challenging times which will Alkem. Hence brand focus assumes utmost help us cross another milestone of INR significance. Both Acute and Chronic 9,000 Cr. in revenue for Alkem group this cluster must ensure that Alkem should financial year. To achieve our vision by FY have at least 20 brands in top 300 brands 24, International business should of the IPM by FY 24. Recently, Uprise & contribute INR 5,000 Cr. and domestic Hemfer entered into the elite club of top business should contribute INR 10,000 Cr. 300 brands. Focusing on increasing the including INR 2,500 Cr. from trade generic productivity of all Alkemites at every level cluster. will be crucial to achieve our vision. I urge all the leaders of domestic business to 2

solve the problem of regional imbalance in quality team. Finance department has been 2021 and make it a part of your KRA. Follow instrumental in our journey guiding us in up from Head office will be crucial to making important decisions & their focus minimise regional imbalance. on cost optimisation has helped us improve profits. I congratulate our IT team International business progressed well in for driving digitisation initiatives like 2020 as we will cross the INR 3,000 Cr. connect to clinic which proved to be a revenue mark from our international major support to our field force in engaging operations by end of this financial year. We their customers. Not to forget other key congratulate the international team for support functions like HR, Procurement, their commitment towards our vision. Next Supply Chain, Corporate Strategy & year, we aspire to achieve higher Business Development, Medical & Logistics benchmarks & milestones in our teams who strive for our success. international business. Similarly, our domestic generics division will also In this digital age, it has become imperative surpass an important milestone of INR for all Managers and Leaders to build 1,400 Cr. by end of FY 21. International capabilities of people reporting to them business and Generic business will play and ensure development of functional & crucial role in achieving Alkem’s vision of 2 behavioural competencies. All Executives Billion dollars by end of FY 24. must also reciprocate the efforts of their respective Managers by acquiring a Our R&D has been the backbone of Alkem learning mind set and improve their and has been doing appreciable work effectiveness. Our Human Resource because of a capable and result oriented department will ensure full support to help team. Future of our Organisation depends you achieve your full potential. Alkem is on R&D as they give us new products to committed to develop its most valuable drive growth for both domestic & asset that is ‘Our people’ as we believe that international markets. They also aspire to is the key to success for Alkem. come up with some innovative products. Complex generics holds great potential for Let us all embrace 2021 with positivity. I international markets. wish all our Alkem representatives working in distant parts of India & across the globe In line with our PM’s vision of an to be a winner in 2021 in their personal & “Atmanirbhar Bharat”, our manufacturing professional lives. Let the new calendar facilities for both formulation and APIs year bring good health to you & your become crucial in providing medicines for family!!! global consumption. Our manufacturing plants provide healthcare to millions of Best Regards, people not only in India but across the globe. Needless to say, we are able to serve B.N. SINGH millions of people because of our strong quality controls enforced by our capable 3