Transcription of DANAHER BUSINESS SYSTEM
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DANAHER BUSINESS SYSTEMTom Joyce, President & CEODan Comas, EVP & CFOMAY 20182 Forward Looking StatementsStatementsinthispresentationth atarenotstrictlyhistorical,includinganys tatementsregardingeventsordevelopmentsth atweanticipatewillormayoccurinthefuturea re"forward-looking" , ,amongotherthingsdeteriorationoforinstab ilityintheeconomy,themarketsweserveandth efinancialmarkets,contractionsorgrowthra tesandcyclicalityofmarketsweserve,compet ition,ourabilitytodevelopandsuccessfully marketnewproductsandtechnologiesandexpan dintonewmarkets,thepotentialforimproperc onductbyouremployees,agentsorbusinesspar tners,ourcompliancewithapplicablelawsand regulations(includingregulationsrelating tomedicaldevicesandthehealthcareindustry ),ourabilitytoeffectivelyaddresscostredu ctionsandotherchangesinthehealthcareindu stry,ourabilitytosuccessfullyidentifyand consummateappropriateacquisitionsandstra tegicinvestmentsandsuccessfullycompleted ivestituresandotherdispositions,ourabili tytointegratethebusinessesweacquireandac hievetheanticipatedbenefitsofsuchacquisi tions,contingentliabilitiesrelatingtoacq uisitions,investmentsanddivestitures(inc ludingtax-relatedandothercontingentliabi litiesrela)
1984 1991 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017E Evolution of the Danaher Business System (DBS) As portfolio evolved, so has DBS –from Lean to a balanced approach
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