innovative products homer stryker, m.d. and wedge turning frame - 1939 dr. stryker’s philosophies:...
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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
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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
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John W. BrownPresident & CEO
1977 = $17 Million200 Employees
Today = $2.58 Billion10,925 Employees
Rock Solid LeadershipRock Solid Leadership
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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
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“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
$
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Stryker StretchersStryker StretchersStryker StretchersStryker Stretchers
World Leader: 60%
Broad Range ofProducts
Most Reliable inthe Industry
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RUGGED™ Ambulance CotsRUGGED™ Ambulance Cots
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Maternity Suites / FurnitureMaternity Suites / Furniture
Specialize inCustom Furniture
Leader in Single-room Maternity Care
ComprehensiveProduct Line
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Stryker ICU BedsStryker ICU Beds
Stryker Invented theICU Bed in 1982
Clinically DrivenFeatures
New Pressure ReliefProduct — Isoflex
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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
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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…..
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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%
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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
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Why Stryker?Why Stryker?• Fast Growing Company
•Committed to Quality
•Reward/Recognition
•Professional Growth
•New Challenges
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Company CultureCompany Culture
Exciting: Intense / Extremely Fast Paced
Learning: Tuition program “A” = 110%
Rewarding: Helping Patients / Nurses
Challenging: Goal Oriented - 20%
Empowering: Autonomy / Freedom
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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 !
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Thank You!Thank You!