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<p>[QUOTE="Anonymous, post: 2313348"]Convatec is living on its past success. It is probably one FDA visit away from having its inflated value being wiped out overnight. Outdated machinery, staff victimisation,lack of any apparent clue over what validation controls are a legal requirement,strange relocations to the Dominican Republic.</p><p>Bringing in consultant management firms to streamline the business clearly indicates that the current directors are clueless, more interested in trying to not be accused of nepotism.(but what do you expect when the guy in charge at Deeside used to drive forklift trucks for a living, no offence to forklift truck drivers as they usually know there arse from there elbow)Anyone at a middle management level that was any good has jumped ship leaving the crap behind.</p><p>Anyone looking to buy them out will surely only be interested in the woundcare section.The ostomy side of the company is in such a mess that even its economies of scale are being eroded by the lack of decent strategic management that any potential investor will be aware of.</p><p>Woundcare is a good well run section that unfortunately is suffering due to the lack of direction provided by its senior managers.</p><p>I for one feel sorry for the general staff who will undoubtedly be the ones to suffer from the lack leadership. I really hope that somone takes them over and saves convatec from themselves.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 2313348"]Convatec is living on its past success. It is probably one FDA visit away from having its inflated value being wiped out overnight. Outdated machinery, staff victimisation,lack of any apparent clue over what validation controls are a legal requirement,strange relocations to the Dominican Republic. Bringing in consultant management firms to streamline the business clearly indicates that the current directors are clueless, more interested in trying to not be accused of nepotism.(but what do you expect when the guy in charge at Deeside used to drive forklift trucks for a living, no offence to forklift truck drivers as they usually know there arse from there elbow)Anyone at a middle management level that was any good has jumped ship leaving the crap behind. Anyone looking to buy them out will surely only be interested in the woundcare section.The ostomy side of the company is in such a mess that even its economies of scale are being eroded by the lack of decent strategic management that any potential investor will be aware of. Woundcare is a good well run section that unfortunately is suffering due to the lack of direction provided by its senior managers. I for one feel sorry for the general staff who will undoubtedly be the ones to suffer from the lack leadership. I really hope that somone takes them over and saves convatec from themselves.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
ConvaTec
>
ConvaTec
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Medical Equipment/Device Sales
>
ConvaTec
>
ConvaTec
>