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This edition features a handful of The 10 Most Influential Leaders in Medtech leaders across several sectors that are at the forefront of leading us into a digital future<br>
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David C. Westgate: Early diagnosis helps save lives. The MedTech industry has been making strides in developing increasingly effective tools and techniques to assist healthcare practitioners in making better diagnoses and saving lives in the process. One of the companies whose products are making a difference every day is Carestream Health Inc. Carestream Health is a worldwide imaging company. It provides digital X-ray products and X-ray film for the medical and non-destructive testing market worldwide. It also provides technical and service support, including remote equipment and software management services. In addition, the company owns over 1,000 patents in digital imaging, film, and imaging chemistry.
Serving Healthcare Providers, Improving Clinical Outcomes, Leading MedTech Industry to New Heights David C. Westgate, Chairman, President and CEO of Carestream Health is a leader with a very diverse portfolio having experience across several industries and having held a variety of roles in a business vertical. He is a go-getter executive who doesn’t wait for opportunities to fall into his lap but instead focuses on remaining ahead of the technological trends and industry curves. In an exclusive interview with Insights Success, David shares his insights to serving healthcare providers globally in support of Carestream’s mission to diagnose and treat patients more efficiently.
Below are the highlights of the interview: Briefly describe your professional journey up until now. I have been fortunate in that my professional career has allowed me to work in many industries and a variety of roles. I entered the workforce at Rockwell focusing on engineering, operations, and quality, leading to the first 25 years of my career in the automotive industry where customer focus and execution were the imperatives. This allowed me to then progress into diversified industries and I have been able to apply those experiences to benefit my role in the healthcare industry. I have had the opportunity to be an executive leader as CEO of global businesses for the last 25 years.
What challenges did you face along the way? I’ve had the opportunity to be in businesses with tremendous growth and also businesses that require restructuring of costs. Both have their own set of challenges; the key is to be completely transparent with the organization to align with the direction required. I learned how to lead organizations in a very nimble way to adapt to market realities and adjust in real-time.
What advice would you like to give the next generation of aspiring business leaders? Regardless of industry, the most important aspect of any business is having in-depth knowledge of your customer, the markets, and your own business. Understand your competitive advantage and deliver a solution that improves the lives of your customers and their patients. Understanding your finances and having a strong financial partner are also key to being successful. Achieving success also requires multiple leadership traits. You need to have a customer-first mentality, both internally and externally. Acting quickly with data-driven decisions is essential to responding to the dynamic needs of your customers and the market. And above all, doing the right things the right way is critical to establishing a reputation of quality, care, and integrity.
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