Medtronic Takes a Hard Look in the Mirror

Every now and then, however, a company will surprise me. The most recent case in point comes from Medtronic.

Speaking at Cowen and Company's annual healthcare conference in March, Medtronic CFO Karen Parkhill admitted that medtech has not historically been best-in-class manufacturing and supply chain operators. It was refreshing to hear such candidness from one of the industry's top executives.