Stryker Organizational Strategic Plan
Stryker is a world leader in medical technology and works to make healthcare much better. Stryker offers innovative medical devices and technologies reported to include "reconstructive, medical and surgical, and neurotechnology and spine products to help people lead more active and more satisfying lives. Stryker products and services are available in over 100 countries." (Stryker.com, 2014, p. 1) Stryker reports having spent $471 million on research and development during 2012 and 5 to 6.3% of its sales invested each year since 2000 are in research and development having assisted 4,768 patients on a global basis in 2012. Stryker has been recognized by Fortune 500 and is a Gallup Great Workplace Award Winner as well as being recognized by Fortune Magazine as one of the top 100 that are best to work for. While Stryker is a successful company it has recently reported a problem with an urgent medical device due to recall and specifically the Stryker Neptune Waste Management System. According to the report there have been adverse events reported, additional actions recommended for continued use of the devices, additional actions that Stryker will take, and the pre-market status of each device. The adverse events include reports relating serious injury or even death when the Neptune 2 was connected to a passive chest drainage tube or closed wound drainage device following surgery. Due to the repeat of these negative events there has been a recall of these devices. This strategic plan sets out how Stryker can recover from these adverse events caused by the use of its device the Neptune 2.
Objective
The objective of this study is to draft an implementation plan for Stryker including the objectives, functional tactics, action items, milestones deadline and tasks ownership as well as resource allocation all in relation to the situation...
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