Patient Monitoring and Respiratory Interventions

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anonymous said:
for the sensitive DIE lib-tard, White-Ty is now free to go ruin another business somewhere else
https://www.massdevice.com/a-medtronic-evp-is-leaving-amid-latest-reorganization/
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Good riddance. Bob is a talking figurehead. All talk; no action.
I’ve been on calls with the guy where his ‘short’ intro on how he ‘leans in’ lasts the full 60mins meeting. Never seen a guy talk so much with so little to say. Hos salary must be determined by number of words he spews out
 








anonymous said:
Good riddance. Bob is a talking figurehead. All talk; no action.
I’ve been on calls with the guy where his ‘short’ intro on how he ‘leans in’ lasts the full 60mins meeting. Never seen a guy talk so much with so little to say. Hos salary must be determined by number of words he spews out
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that reminds me of an ExCom panel once about DEI where the Excom members went around the call complimenting each other on how supportive and leading edge they were, round and round, mutual admiration society, and the meat of the call for the rest of us was down to like 10 minutes after all the complimenting of their peers.
 








Respiratory from a vent standpoint could no longer be competitive compared to other vendors. Didnt stop leadership from cascading quotas that effectively fucked the entire field in the ass
 








anonymous said:
Respiratory from a vent standpoint could no longer be competitive compared to other vendors. Didnt stop leadership from cascading quotas that effectively fucked the entire field in the ass
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They are left holding the bag on this one. They tried and private equity would not bite. When the best you can hope to be is Viayre, your thesis is already dead in the water.
 








anonymous said:
Good riddance. Bob is a talking figurehead. All talk; no action.
I’ve been on calls with the guy where his ‘short’ intro on how he ‘leans in’ lasts the full 60mins meeting. Never seen a guy talk so much with so little to say. Hos salary must be determined by number of words he spews out
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They are trained to gaslight using HR word salad to keep unhappy people in their jobs longer.
 
















anonymous said:
They are trained to gaslight using HR word salad to keep unhappy people in their jobs longer.
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The push to eliminate white men push equity in favor of lesser qualified candidates for the sake of Diversity has destroyed so much wealth, ruined so many projects and companies in the last few years. The impact is devastating. Just look at the Disney and Ford messes. Medtronic is just one of many who was seriously damaged by the woke cult.

Go woke go broke.
 








DEI isn’t what’s harmed MDT. It’s poor management. Riding the brand in the hope that it brings price and share increases, instead of investing in products with real innovation. Instead of First-to-Market, settling for Also-to-Market. I stead of inventory, they focused on raising quotas and splitting territories.

And where there was a category-leading product, assuming that it’ll always be that way and shifting budgets to share buyback programs.
 
































anonymous said:
They are left holding the bag on this one. They tried and private equity would not bite. When the best you can hope to be is Viayre, your thesis is already dead in the water.
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I'm just amazed that they were able to foul up this badly and Nnamdi isnt around to take credit. Driving buisnesses into shutdown status was kind of his thing.
 








anonymous said:
I'm just amazed that they were able to foul up this badly and Nnamdi isnt around to take credit. Driving buisnesses into shutdown status was kind of his thing.
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This was a more collaborative effort. Create unrealistic expectations for the field internally, then add in some yes men at the field sales level to nod their heads and take it without speaking up. Now everyone has to go. The danger of being scared to reality check your bosses = current scenario.
 








anonymous said:
This was a more collaborative effort. Create unrealistic expectations for the field internally, then add in some yes men at the field sales level to nod their heads and take it without speaking up. Now everyone has to go. The danger of being scared to reality check your bosses = current scenario.
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It was a wild ride. Dave Anderson says "these buisnesses are worth 8 billion dollars" - Now Geoff says "best thing to do is just shut most of it down and take a write off".

Its like when grandma puts her dining room set on Facebook marketplace for $2000 because it was a nice set when she bought it, and 6 months later shes paying someone $50 bucks to haul it away...
 








anonymous said:
It was a wild ride. Dave Anderson says "these buisnesses are worth 8 billion dollars" - Now Geoff says "best thing to do is just shut most of it down and take a write off".

Its like when grandma puts her dining room set on Facebook marketplace for $2000 because it was a nice set when she bought it, and 6 months later shes paying someone $50 bucks to haul it away...
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the above poster is savage…..so true!
 








anonymous said:
It was a wild ride. Dave Anderson says "these buisnesses are worth 8 billion dollars" - Now Geoff says "best thing to do is just shut most of it down and take a write off".

Its like when grandma puts her dining room set on Facebook marketplace for $2000 because it was a nice set when she bought it, and 6 months later shes paying someone $50 bucks to haul it away...
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What adds gas to the pm/ri fire is how other companies in this space announced spinoffs of their healthcare businesses and completed them in less time than Medtronic took to announce the spinoff and then kill it when no buyers emerged. You might say this is a very bad look for the company, where Wall st is concerned yet it's doubtful anyone on Wall St was surprised when marvel fell on its ass. The day the spin off was announced, Medtronic stock price was down and continued to trend down until the past quarter. Not exactly a vote of confidence from the markets from the start.
 








anonymous said:
yet it's doubtful anyone on Wall St was surprised when marvel fell on its ass. The day the spin off was announced, Medtronic stock price was down and continued to trend down until the past quarter. Not exactly a vote of confidence from the markets from the start.
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Yes. Marvel was a total shitshow. What a waste of time. The amount of man hours spent on that crap is wild... even the amount of time I spent on stupid weekly meetings for something that ended up in nothing... insane.
 
















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