Ensuring we deliver high quality products to our customers around the world and complying with the laws and regulations which govern our business activities have been long-standing principles at Johnson & Johnson. Adherence to these principles is the responsibility of every employee, and is critical to help protect and enhance the reputation of Johnson & Johnson.
The Johnson & Johnson Board of Directors recently affirmed the importance of these principles by passing a resolution establishing the “Quality and Compliance Core Objective”. They further directed that this resolution be shared with all Johnson & Johnson employees, as follows:
RESOLVED: The Board hereby establishes the “Quality and Compliance Core Objective” for the Company, under which the Company affirms its resolve to operate its businesses, sectors, entities and franchises:
- in compliance with applicable laws, regulations and Company policies and standards;
- to deliver high quality products that patients and providers can trust;
- to conduct its activities and have policies and procedures in place so as to minimize adverse regulatory enforcement action; and
- to maintain, enhance and support effective quality and health care compliance systems designed to timely detect, correct and prevent activities violative of applicable laws, regulations and/or Company policies and standards.
RESOLVED: The Board hereby authorizes each of the Chief Executive Officer, the Chief Compliance Officer, and the Chief Quality Officer of the Company to take all appropriate and reasonable actions necessary to achieve the Quality and Compliance Core Objective.
Performance Evaluations and Compensation.
Adherence to, and furtherance of, the Quality and Compliance Core Objective must be considered in the evaluation and compensation of all Johnson & Johnson employees. In order to provide additional guidance on applying these long-standing principles to the performance review process, the Quality and Compliance Core Objective is reflected in the “Live Our Credo” behaviors of the Leadership Performance Standards that have been implemented as part of the Performance & Development process. The Performance Standards can be accessed through the following website Performance & Development.