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Risk Management
Our consumer products, pharmaceuticals, medical devices and diagnostics play a role in helping millions of people be well and stay well every day. In addition, Johnson & Johnson has been a valuable part of people’s investments for more than 60 years. Because all of our stakeholders depend on us, we understand the importance of identifying and managing our risks.
Johnson & Johnson recognizes and plans for several categories of risks, including internal and external factors:
Internal:
• Business strategy
• Quality assurance
• Supply chain management
• Operational efficiency
• Environmental health and safety
• Reputation
• Protection of trade secrets and intellectual property
• Business interruption
• Challenges inherent in product development
External:
Johnson & Johnson recognizes and plans for several categories of risks, including internal and external factors:
Internal:
• Business strategy
• Quality assurance
• Supply chain management
• Operational efficiency
• Environmental health and safety
• Reputation
• Protection of trade secrets and intellectual property
• Business interruption
• Challenges inherent in product development
External:
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• General industry conditions and competition
• Economic conditions such as fluctuations in interest rates and currency exchange rates
• Technological advances
• Competition for talent
• Health care reform and cost containment issues
• Climate change and related policies
A comprehensive list and description of risks can be found in Exhibit 99 to the Company’s Annual Report on Form 10-K, available at www.sec.gov and www.investor.jnj.com.