CTO Straight Talk - Issue 1 - 23

technology portfolios, to define what is truly
core to us. Where do we need to be best in
class? And what are the areas where others
have deeper expertise than Baxter and do
work on a scale and/or in a specific area that
we never could or should?
We must understand what the true needs
of our customers are. We need to understand
the use cases of our devices and our products,
and know how our drugs are used. We need
to be able to translate customer needs into
design requirements and those requirements
into specifications and clearly define what that
circuit board, for example, needs to be doing
for us. Then we can give all that information
to a partner that does circuit boards really

Making the Most of Career
Opportunities
When I was asked to overhaul
Baxter's R&D function, the move
represented for me a great challenge
and opportunity to learn and to
lead. Here are three principles I've
found useful:
* Define your mission and vision,
develop a strategy for how you're
going to get there, and drive
ruthless execution.
* Always have a goal and know
what you want to achieve, but be
open to making a sharp turn if the
opportunity arises.
* Weigh your choices wisely,
keeping in mind what you want to
achieve overall-and then go for it.

well, and have it design, build, validate, and
verify that for our use.
At Baxter we have identified key areas for
this type of collaborative innovation and
forged strategic partnerships for work in these
areas. For example, we have outsourced many
non-core electromechanical engineering
tasks to world-class specialists at partner
organizations. These engineers, dedicated to
Baxter, work on our projects every day and are

accessible to our colleagues around the world
via our resource management tool. We've
assigned in-house employees to stay in touch
and help guide the partnership.
This collaborative innovation has really
helped us maximize our resource utilization.
And several times it has helped us quickly
ramp up in response to demand signals we
had not anticipated. The ability to flex up and
down has been a major factor in our success.
Collaborating with Idea Generators



CTO Straight Talk - Issue 1

Table of Contents for the Digital Edition of CTO Straight Talk - Issue 1

Contents
CTO Straight Talk - Issue 1 - Cover1
CTO Straight Talk - Issue 1 - Cover2
CTO Straight Talk - Issue 1 - Contents
CTO Straight Talk - Issue 1 - ii
CTO Straight Talk - Issue 1 - iii
CTO Straight Talk - Issue 1 - iv
CTO Straight Talk - Issue 1 - v
CTO Straight Talk - Issue 1 - 1
CTO Straight Talk - Issue 1 - 2
CTO Straight Talk - Issue 1 - 3
CTO Straight Talk - Issue 1 - 4
CTO Straight Talk - Issue 1 - 5
CTO Straight Talk - Issue 1 - 6
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CTO Straight Talk - Issue 1 - 12
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CTO Straight Talk - Issue 1 - Cover3
CTO Straight Talk - Issue 1 - Cover4
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