Medtronic - Great Brand, Great People and Could be Even Better With Slight Changes" | Glassdoor
There are newer employer reviews for Medtronic
There are newer employer reviews for Medtronic

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Helpful (1)

"Great Brand, Great People and Could be Even Better With Slight Changes""

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Sales Representative
Current Employee - Sales Representative
Recommends
Neutral Outlook
No opinion of CEO

I have been working at Medtronic full-time (More than 8 years)

Pros

-Excellent Company Name Recognition
-Products help people live better lives
-Employees are world class
-Wide Spectrum of products
-Great Benefits
-Autonomy to do what you were hired to do

Cons

-Regular Regime Changes among Executives
-Regular downsizing/uncertainty
-Inefficiencies that never get fixed and would be easy to fix
-Product portfolio and marketing as well as strategies do not allow various divisions to be competitive
-Limited loyalty and reward for achieving targets and over performing

Advice to Management

-Hold customers to contracts instead of taking a company loss
-Price more competitively to increase revenue based on customer perceived value and product life cycle vs competition
-Become more strategic vs reactive
-Truly integrate pricing/finance strategy to leverage multiline deals. Customers soon realize that just like in a store that you are spending more money to get something you did not want in the first place and not get a great discount for it. Deals should be a package that is attractive.
-Change customer perception of chaos and instability

Other Employee Reviews for Medtronic

  1. Helpful (4)

    "Good company to work for, exciting work, smart people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Fridley, MN
    Current Employee - Financial Analyst in Fridley, MN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Medtronic full-time (More than 5 years)

    Pros

    Lots of good technology to help patients
    Genuinely interested in the mission

    Cons

    Several straight years of layoffs
    Poor employee development and talent retention

    Advice to Management

    Work on ways to attract, retain, and develop good talent


  2. Helpful (1)

    "Overall it is a good company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Work life balance is strong

    Cons

    Career advancement is slow moving with few opportunities


There are newer employer reviews for Medtronic
There are newer employer reviews for Medtronic

See Most Recent

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