Geoff needs to go

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anonymous said:
Geoff blames US sales team . You guys just need to do better
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Yep it’s all the fault of the U.S. sales force. We reorganized operations in the middle of a pandemic causing massive backorders and lost cases/share. We also pulled all the money from the good parts of the company to flush it down the Diabetes and Robot toilet. That was us. We need to better
 
























anonymous said:
Yeah, super cool that Geoff can hop on it and make his alumni hockey game
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Even with all his screw ups, Neuro is going to go down as one of his biggest blunders. he thought he understood it because he was briefly in charge of that group - he hired failure after failure to run it, and they either got promoted or left for other companies. Meanwhile people who knew alot about it (paging Julie Foster) get fired by Que from Diabetes instead of turning around the sinking ship. But if you're not in the Geoff club, there's no point trying. Just crossing fingers the rumors are true about his own brand of VERP on its way.
 




anonymous said:
Even with all his screw ups, Neuro is going to go down as one of his biggest blunders. he thought he understood it because he was briefly in charge of that group - he hired failure after failure to run it, and they either got promoted or left for other companies. Meanwhile people who knew alot about it (paging Julie Foster) get fired by Que from Diabetes instead of turning around the sinking ship. But if you're not in the Geoff club, there's no point trying. Just crossing fingers the rumors are true about his own brand of VERP on its way.
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This board doesn't have the cojones to take care of the abysmal failure that is Geoff Martha
 




anonymous said:
You have to admit it is pretty cool that we have a jet, though
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Are you kidding me? What are you 15 years old with a cool poster of a Countach above your bed? It is NOT cool, if we didn’t have a jet, let alone 10…that would be concerning as we are a 100 billion dollar company. It would be like saying, man that’s awesome that you own your own car.

Just for shits and giggles, how long have you been with MDT?
 




anonymous said:
This board doesn't have the cojones to take care of the abysmal failure that is Geoff Martha
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I get it, but honstly I don't know if Neuro even cracks top 5

1- Ops re-organization including Wal-Mart leadership
2- Mazor purchase (>$1B)
3 - Throwing all our R&D after Hugo (>$1B)
4 - Bungled PM/Vent spin-off (>$7B)
5 - Shut down Heartware vs fix (>$1B)
6 - Putting Brett Wall in charge of anything
7 - Keeping KP

too depressing. time to stop.
 




anonymous said:
I get it, but honstly I don't know if Neuro even cracks top 5

1- Ops re-organization including Wal-Mart leadership
2- Mazor purchase (>$1B)
3 - Throwing all our R&D after Hugo (>$1B)
4 - Bungled PM/Vent spin-off (>$7B)
5 - Shut down Heartware vs fix (>$1B)
6 - Putting Brett Wall in charge of anything
7 - Keeping KP

too depressing. time to stop.
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Adding Ardian - which might pay-off in 2030 but they've got over $2.5 billion invested.

Boston Scientific's market cap will be larger than Medtronic's by late summer. Intuitive Surgical is already higher market cap.
 








A lot of good people lost their jobs over the past two weeks, as the ventilator business is wound down. What's tragic is how this could have been avoided if the leadership would've listened to the vent experts two years ago and pivoted towards design and production of lower-acuity vents, which is where the market was headed anyway. This wasn't chess. it was checkers. And they still did the wrong thing. Like pesci said in goodfellas, "these guys could f_ck up a cup of coffee." or was it casino?
 




anonymous said:
A lot of good people lost their jobs over the past two weeks, as the ventilator business is wound down. What's tragic is how this could have been avoided if the leadership would've listened to the vent experts two years ago and pivoted towards design and production of lower-acuity vents, which is where the market was headed anyway. This wasn't chess. it was checkers. And they still did the wrong thing. Like pesci said in goodfellas, "these guys could f_ck up a cup of coffee." or was it casino?
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A lot of the problems at Medtronic, the deep distrust of spending on engineering "quality" comes right from the top and David Calhoun was on the board for a long time... he's the current Boeing CEO stepping down in disgrace after leading that once great company into its current culture of failure. His voice was loud when he at Medtronic and he colored their view- and the impacts on Medronic have been long term.
 




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