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Dan W. Gladney
I have been working at Lanx
Pros – New leadership, conscious of family time. Lanx is a highly motivated company who desires to go public. They have increased their efficiency by hiring more competent leadership in the past year.
Cons – They tried to expand too rapidly before , which allowed holes in the management chain and of day to day operations.
Advice to Senior Management – Now that competent leadership is in place, try not to expand beyond critical mass. Maintain a JIT SCM with product and adapt quickly to customer needs.
Yes, I would recommend this company to a friend
2012-01-04 17:26 PST
1 person found this helpful
I have been working at Lanx full-time for more than a year
Pros – Great technology team / leadership focused on patient-centric development.
That's about it unfortunately.
Cons – 1. Constantly dealing with the legal process, royalties/payouts/loses increasing.
2. Poor Senior Management team - if you really look at this team, the CEO has no experience with a company like this or in this market. The Finance VP is outmatched against stronger peers and the company is in a constant flux of turnover (Poor HR Management). 3 Strikes....
3. The talent does not exist today to take the company public, so the only exit strategy is acquisition by a larger entity.
Advice to Senior Management – Advice to the Board - Re-Evaluate the company leadership as there should be a number of red flags. High turnover, constant litgation (internal and external), poor customer perception of the company, which should lead you to clean house and bring in a team more focused on building strong relationships (Physician, Distributor, Hospital).
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2012-07-30 13:22 PDT
I worked at Lanx
Pros – Dedicated coworkers
Initially was fun to be part of a rapidly growing company
Cons – Poor senior management
Lack of product pipeline
Advice to Senior Management – Think more broadly about partnership opportunities
No, I would not recommend this company to a friend
2012-04-16 23:37 PDT
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