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Selling Medical Devices: 5 Tips for Entrepreneurial Breakthrough Success

Strategy Driven

It’s a competitive field, for sure, but with the market being large and the demand for medical devices being high, there’s no reason that forward thinking and well prepared individuals can’t make it big in this industry. Conduct Market Research. One of the absolute first things you want to do is to conduct some market research.

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Carefrontation — The Ultimate Leadership Trait

Great Leadership By Dan

Regardless of the markets we serve, every one of us knows that our organization’s providence rests squarely on our ability to make the changes demanded by the fast moving target of customer satisfaction. The company has used this foundation to achieve an incredible 11 straight years of improved clinical outcomes and financial results.

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Entrepreneurs Take On Manufacturing

Harvard Business Review

Likewise, companies like PCH International and Dragon Innovation are now available to manage contract manufacturing and otherwise “make manufacturing feel easy” to entrepreneurs or small companies, as noted by The Wall Street Journal’s Chris Mims last year.

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3 Kinds of Jobs That Will Thrive as Automation Advances

Harvard Business Review

And it’s not just low skilled, manual labor that’s at risk — “knowledge” work like operational analytics and marketing is also being taken over by sophisticated artificial intelligence algorithms. How Technology Is Reshaping Markets. So, what’s the result?

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CEOs Need to Get Serious About Sales

Harvard Business Review

A contract manufacturing company that builds products for IT equipment makers, for example, had a dedicated team of speculative market analysts whose active trend monitoring led to a 15 percent return on investment. You also need to push sales organizations to find overlooked pockets of growth in "tapped" markets.

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It’s OK to Move Down (Yes, Down) the Value Chain

Harvard Business Review

Leaders of many companies — in industries ranging from contract manufacturing, and software services to consulting and health care — tell us the same thing: “We want to move up the value chain.” Defense against attacks from below. Where do new competitors come from?

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In Praise of Going it Alone

Harvard Business Review

A lot of business literature advocates teaming up wherever possible to open the doors to new ideas, draw on the unique strengths of others, and speed time to market. The photography market is highly competitive, populated by famous brand names, and dominated by powerful sales channels.