Spectrum of Technology:The Past is Prologue

Greater Rome Chamber of Commerce

October 14, 2011

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Consider…

Rules for Success

• Be Unique

• Create Value

• Communicate Value

• Be a Moving Target

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…never forget….

Value-Added

• People +

• Products/Services +

• Productivity = Value-Added

building VALUE, enhancing LIVES

Annual Economic Impact in Georgia

$17.3 billion economic impact

62,033 direct and indirect jobs

$4.2 billion in salaries

$578 million in state and local taxes

$63,000 average pay (50% higher than other sectors)

$90,000 for pharmaceutical manufacturing

$71,000 for surgical and medical instrument manufacturing

$70,000 for research & development

Annual Salaries in Georgia

Georgia Industry Snapshot

• > 300 companies: Pharma, biotech, device, diagnostic, R&D, agbiotech, biofuels

• > $8 billion in annual product sales

• 400+ marketed products, 300+ in development

• Fastest growing industry sector in GA between 2001-2007

So, What Else is Important to Know?

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1 2 3 4 5

YEAR

Total Return

Source: McKinsey Study of 400 Companies over 30 years

Industry Mean

Strategy Is Necessary to Avoid Mediocrity

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• Vision -- on how to compete

• Competitive Advantages -- clearly exploited

• Opportunities -- rather than crises

• Influence -- crafting the environment

A Sustainable Organization Focus…

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Always Remember….

““You miss 100% of the shots you don’t You miss 100% of the shots you don’t take.”take.”

-- Wayne Gretzky…&…David Dodd

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Now….

“Let us endeavor to live so that when we die, even the

undertaker will be sorry.”

-- Mark Twain

Thank You!!!!

Greater Rome Chamber of Commerce

October 14, 2011