Smith & Nephew in the health care industry

James Foreman-Peck

The health care industry is one of the few sectors in which Britain can claim a competitive advantage. Widely recognized as one of the most successful British manufacturing companies of the early 1990s, Smith & Nephew is the ideal example from which to isolate the sources of competitiveness. Smith & Nephew, a Hull based firm, was founded in 1856 and later linked up with Lancashire's cotton mills and the small workshops of Birmingham and London. During the 1980s Smith & Nephew grew from essentially a British company, with subsidiaries in Commonwealth countries and part ownership of some continental European firms, into a global health care business firmly established in Europe, North America and other key markets around the world. By the 1990s Smith & Nephew had become one of the select band of world class British manufacturing companies. This authoritative book provides an...

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