Source: Fortune
Summary
Stanley Bergman, the outgoing CEO of Henry Schein, reflects on his 36-year tenure and the company’s growth from a regional dental supplier to a $13.2 billion-a-year global distributor of dental and medical supplies. Bergman credits the company’s success to its values of social impact and philanthropy, which were instilled by the company’s founders. He shares lessons learned, including choosing character qualities over credentials, diversifying and delegating, betting on winners and partnering to grow, defining the business around who they serve, contributing to society, and making a clean exit.
Our Reading
The numbers tell one story.
Henry Schein’s growth under Bergman’s leadership is a testament to the power of values-driven leadership. Bergman’s emphasis on social impact and philanthropy has not only contributed to the company’s success but also created a positive impact on society. His approach to leadership, which prioritizes character qualities over credentials, has allowed the company to attract and retain top talent. As Bergman passes the torch to his successor, Fred Lowery, it remains to be seen whether the company will continue to prioritize its values-driven approach.
One thing is certain: the company’s commitment to contributing to society will remain a key part of its identity.
Author: Evan Null
