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CEO too focused on the stock price so that he can continue selling it

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Software Engineer  in  Sylmar, CA
Current Employee - Software Engineer in Sylmar, CA

I have been working at St. Jude Medical

Pros

Technology that save lives and improves patient quality of life
Pretty good pay for relatively easy work
Somewhat flexible work hours

Cons

CEO and upper management mostly care about the stock price
Cost cutting all the time
Crappy benefits compared to many tech companies

Advice to ManagementAdvice

Replace the CEO
Focus on making high quality products, and stop rushing product deliveries
Focus on making employees happy
Focus on making patients happy
Stop focusing on the shareholders, and stock price
Happy employees will increase productivity and quality, and eventually the stock price will follow.

Recommends
Disapproves of CEO

Other Reviews for St. Jude Medical

  1.  

    I would not work for NMD again

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Plano, TX
    Current Employee - Anonymous Employee in Plano, TX

    I have been working at St. Jude Medical

    Pros

    cross divisional initiatives and training ops

    Cons

    incompetent management, favoritism, no structure or guidance

    No opinion of CEO
  2.  

    Still Deciding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Principal Project Engineer  in  Saint Paul, MN
    Current Employee - Principal Project Engineer in Saint Paul, MN

    I have been working at St. Jude Medical

    Pros

    Career advancement
    Good direct management
    Great people
    Creating devices that improve people's lives
    My co-workers are very smart and diverse

    Cons

    Pushing the envelope of quality
    Minimal customer interaction
    Minimal employee training and investment
    Not a good work - life balance

    Advice to ManagementAdvice

    Senior Management needs to manage the AF Division like the potentially large revenue stream that it is and could be instead of running it like a small company

    No opinion of CEO
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