The medical device industry, having enjoyed fast growth and healthy profits for many years, faces much tougher times ahead. The industry is operating in a drastically changed environment with reduced government funding exacerbating the difficulties.
Europe’s medical device industry: leadership challenges in a changing world, reveals that more innovative talent strategies are required to deliver solutions that not only improve patients’ health but also reduce overall healthcare costs. A proactive talent strategy is essential: in many cases, companies need to look outside their own industry to enhance their leadership bench-strength and to remain competitive while coping with high-levels of change.