Corporate Vision Issue 3 2018
14 CORPORATE VISION / Issue 3 2018 , Boston Scientific (BSC) is a Fortune 500 company with $9 billion in sales and seven operating divisions, that helps clinicians treat more than 24million patients each year in a range of interventional medical specialties. We speak toMaria Galainena-Johnsonwho tells us more about the inner-workings of the innovative company. Advancing Science for Life™ Boston Scientific (BSC) transforms lives in 100+ countries with 27,000+ employees with 13,000 life changing products. Approximately 40% of Boston’s 2017 net sales were international. Maria outlines the firm’s overall mission statement, explaining why it is important and why clients and patients benefit from the team working towards these targets. Outlining the firm’s overall mission, Maria describes the firm’s vision of transforming patient’s lives, and also mentioning how all staff working towards this mission provides a great sense of unity. “BSC is dedicated to transforming lives through innovative medical solutions that improve the health of patients around the world.’ This mission is important to us as it helps to define the purpose of the company, and in turn guides its overall strategy, as well as uniting employees on a common mission. Lastly, it is helpful as the mission serves as a constant reminder to staff and the team of why we do what we do. “Furthermore, our brand declaration is ‘advancing science for life,’ and accurately reflects what we do for patients, physicians, and healthcare systems globally. Looking to advance our solutions, we are pushing the boundaries of today’s innovations that lead to tomorrow’s medical solutions. Calling out science, our heritage of discovery, driving our passion for transforming lives. For life, we are committed to helping patients live healthier and longer lives.” Placing an emphasis on putting the patient first, the team at BSC ensures that a firm focus is placed on the patient and works hard to define what a successful outcome would be and how this would benefit the patient. Maria explains how team cohesion. a “WINNING SPIRIT” approach, higher R&D investment as a percent of sales than peers and living our values allows us to transform patients’ lives through meaningful innovation. “BSC focuses on the patient journey and specifically in emerging markets we focus on expanding ACCESS to patients. For us access has as a multi- dimensional definition: available therapy options; hospital or centers where these can be performed; available MDs trained to provide minimally invasive procedures; reimbursement or health care coverage for the same; and patients educated on their treatment options. BSC works with all the stakeholders of the healthcare ecosystem to provide a value proposition that helps patients have access, lead more productive lives, and financially helps the ecosystem in the treatment of certain disease states.” Maria is of the opinion that it is BSC’s culture and values which differentiate it from other companies in the health sector and why the company has been recognized for our innovations that impact patients’ lives, our performance, our workplace culture and our contributions to communities around the world. “From the CEO, Mike Mahoney, down to every employee we make sure we don’t only speak our corporate values, but also live them. Our culture and values are what differentiate Boston Scientific from other companies, and we are very proud of who we are as a company. We have 27,000 employees globally that bring this company to life every day around the world. These are the values that tie Boston Scientific together, whether you’re in Valencia or Shanghai or Sao Paulo or Maple Grove, Minnesota, or at any of our other locations globally. “CARING: We act with integrity and compassion to support patients, customers, our communities and each other. MEANINGFUL INNOVATION: We foster an environment of creativity to transform new ideas into breakthrough services and solutions that create value for patients, customers and employees. HIGH PERFORMANCE: We strive for high performance to benefit our patients, clinicians and shareholders. GLOBAL COLLABORATION: We work collaboratively to pursue global opportunities that extend the reach of our medical solutions. DIVERSITY: We embrace diversity and value the unique talents, ideas and experiences of our employees. WINNING SPIRIT: We adapt to change and act with speed, agility and accountability to further improve patient care. 1802CV30 “This was demonstrated in how BSC and our employees responded to our on-island employees and stakeholders of the ecosystem during and after Hurricane Maria, the largest hurricane to make landfall on the island of Puerto Rico in +80 years. Ultimately, BSC has an exciting future ahead, and in her concluding comments, Maria outlines the organisation’s future aspirations, alluding to the importance of continuing to focus on the healthcare ecosystem and more importantly on our patients. “Going forward, BSC’s aspirations for the future are about living BSC values and continuing to be the employer of choice. Impacting the lives of 35 million patients per year by 2020 is a real aim of ours as we transform lives on a great scale. “As we all truly believe: it takes GRIT to make science more purposeful; it takes IMAGINATION to make science more transformative; and it takes SPIRIT to make science more collaborative” Company: Boston Scientific Corporation Contact: Maria Galainena-Johnson Address: 2700 South Commerce Parkway, Suite 105, Weston, Florida, 33331, USA Phone: 15615432002 Website: www.bostonscientific.com
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