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:...

Page 1: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.
Page 2: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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

Page 3: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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

Page 4: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

John W. BrownPresident & CEO

1977 = $17 Million200 Employees

Today = $2.58 Billion10,925 Employees

Rock Solid LeadershipRock Solid Leadership

Page 5: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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

Page 6: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

“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

$

Page 7: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

Stryker StretchersStryker StretchersStryker StretchersStryker Stretchers

World Leader: 60%

Broad Range ofProducts

Most Reliable inthe Industry

Page 8: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

RUGGED™ Ambulance CotsRUGGED™ Ambulance Cots

Page 9: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

Maternity Suites / FurnitureMaternity Suites / Furniture

Specialize inCustom Furniture

Leader in Single-room Maternity Care

ComprehensiveProduct Line

Page 10: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

Stryker ICU BedsStryker ICU Beds

Stryker Invented theICU Bed in 1982

Clinically DrivenFeatures

New Pressure ReliefProduct — Isoflex

Page 11: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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

Page 12: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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…..

Page 13: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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%

Page 14: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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

Page 15: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

Why Stryker?Why Stryker?• Fast Growing Company

•Committed to Quality

•Reward/Recognition

•Professional Growth

•New Challenges

Page 16: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

Company CultureCompany Culture

Exciting: Intense / Extremely Fast Paced

Learning: Tuition program “A” = 110%

Rewarding: Helping Patients / Nurses

Challenging: Goal Oriented - 20%

Empowering: Autonomy / Freedom

Page 17: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

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 !

Page 18: Innovative Products Homer Stryker, M.D. and Wedge Turning Frame - 1939 Dr. Stryker’s Philosophies: Improve the Efficiency of the Healthcare Provider Provide.

Thank You!Thank You!