Acquired by Medtronics in 2014 for $43 billion, Covidien–a medical device manufacturer– had an interesting perspective to share with EMBA 43 during our tour of their Shanghai manufacturing plant and production facility. Although they expect some changes related to the acquisition to occur over time, they do not expect anything to change drastically, and no changes at all until early 2016.
Eleven members of our EMBA class 43 work in the medical industry. Both Vamsi Narra and Sheyda Namazie-Kummer spoke with familiarity about Covidien products we saw in the plant, and how they are used in hospitals.
Our tour included viewing production rooms through windows, as well as discussions with our guides of the processes and procedures used to insure supply chain efficiency as well as optimal training for workers.
My group’s guide, Cindy Lu, Financial Controller, pictured below, is completing an MBA this year through the Manchester University program in the United Kingdom.