Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies:...

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Transcript of Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies:...

Innovative ProductsInnovative Products

Homer Stryker, M.D. and Wedge Turning Frame - 1939

Dr. Stryker’s Philosophies:Dr. Stryker’s Philosophies:

• Improve the Efficiency of the Healthcare Provider

• Provide Cost Effective Solutions

Stryker CorporationA Global Healthcare Company

Stryker CorporationA Global Healthcare Company• Medical

• Instruments

• Endoscopy

• Biotech

• Leibinger

• Howmedica Osteonics

• Physiotherapy…And more!

• Canada

• Europe

• Japan

• Pacific

• Puerto Rico

• Ireland

•Germany

• France

• Switzerland

LOCATIONS

LOCATIONS

DIVISIONS

DIVISIONS

John W. BrownPresident & CEO

1977 = $17 Million200 Employees

Today = $2.58 Billion10,925 Employees

Rock Solid LeadershipRock Solid Leadership

Stryker Corporation Net Sales Compound Annual Growth Rate 21%

Stryker Corporation Net Sales Compound Annual Growth Rate 21%

1100

2000

280.6225.9

1000

681.9

477.1

178.6

557.3

364.8

148.1129.2

910.1872.8

0

200400

600800

1000

12001400

16001800

2000

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

$ M

illio

ns

“The Cost of Leadership”Research & Development

“The Cost of Leadership”Research & Development

Strong New Product Flow

40% of Sales from Products less than 3 years old

Firm Commitment to R & D 0

10

20

30

40

50

60

70

1986 1988 1990 1992 1994 1996 1998

Stryker Corporation R&D Spending

$ Millions

$

Stryker StretchersStryker StretchersStryker StretchersStryker Stretchers

World Leader: 60%

Broad Range ofProducts

Most Reliable inthe Industry

RUGGED™ Ambulance CotsRUGGED™ Ambulance Cots

Maternity Suites / FurnitureMaternity Suites / Furniture

Specialize inCustom Furniture

Leader in Single-room Maternity Care

ComprehensiveProduct Line

Stryker ICU BedsStryker ICU Beds

Stryker Invented theICU Bed in 1982

Clinically DrivenFeatures

New Pressure ReliefProduct — Isoflex

Entry-Level OpportunitiesEntry-Level OpportunitiesDesign EngineersDesign Engineers

Manufacturing EngineersManufacturing EngineersQuality EngineersQuality EngineersBuyer / PlannersBuyer / Planners

Accounting / FinanceAccounting / FinanceSales: Marketing AssociatesSales: Marketing Associates

Information ServicesInformation ServicesDesignersDesigners

Human ResourcesHuman Resources

MBA’s: Team / Project LeadersMBA’s: Team / Project Leaders

InternshipsInternshipsInternshipsInternships

Great Benefits!Great Benefits! Two Choices of Medical CoverageTwo Choices of Medical Coverage

Dental PlanDental Plan401(k) Plan401(k) Plan

Profit SharingProfit SharingStock Purchase PlanStock Purchase Plan

Prescription CoveragePrescription CoverageWellness TestingWellness Testing

VisionVision

and…..and…..

Tuition ReimbursementTuition Reimbursement

Available immediately, from the day you start!Available immediately, from the day you start!

A = 110%A = 110%

B = 100%B = 100%

C = 80% C = 80%

Available immediately, from the day you start!Available immediately, from the day you start!

A = 110%A = 110%

B = 100%B = 100%

C = 80% C = 80%

Retention StrategiesRetention Strategies•Recognize / Reward Best Employees

Performance Based PayEmployee Of the MonthAchievement Awards

•Provide: Challenges / Lots of Responsibility

•Don’t “Pigeon Hole” Individuals

•Unstructured Work Environment

Why Stryker?Why Stryker?• Fast Growing Company

•Committed to Quality

•Reward/Recognition

•Professional Growth

•New Challenges

Company CultureCompany Culture

Exciting: Intense / Extremely Fast Paced

Learning: Tuition program “A” = 110%

Rewarding: Helping Patients / Nurses

Challenging: Goal Oriented - 20%

Empowering: Autonomy / Freedom

Advice For StudentsAdvice For StudentsFind Out What You do Best:

What are Your Natural Talents?

Be Active on Campus:

Develop Leadership Skills

Seek out Co-ops / Internships

Find Cultural Fit !

Thank You!Thank You!