Research Paper on:
The Management Practices of Danaher Corporation

Unformatted Sample Text from the Research Paper:
that routinely makes little news but is dedicated to efficiency and diversity. Danaher seems to be an anachronism in todays tech environment, but its focus on old items has  proved to be highly profitable. History Recalling an article appearing in Forbes 15 years eariler,  Copple (2000) writes that Forbes was less than charitable in its assessment of the plans that brothers Mitchell and Steven Rales had to build Danaher. It was to be  a "curious investment vehicle - a bankrupt real estate investment trust with two years of tax-loss carryforwards that were to be used to shelter profits from newly acquired manufacturing businesses"  (Copple, 2000; p. 98). The Forbes article ridiculed the Rales brothers on a personal level as well, calling them "Raiders in short pants  mocking not only their ages (34 and 29), but also their real-estate mentality. We called the strategy cocky to the point of foolishness. Good thing they didnt listen. The  Raleses used their dealmaking skills and their efficiency instincts to make a mint from such mundane businesses as socket sets" (Copple, 2000; p. 98).  In the days that technology was beginning to peek out from various corners in the early 1980s was when the Rales brothers decided to found Danaher. Its focus  then was in real estate, but the Rales brothers were not averse to expanding into other areas. At a time that American business was undergoing dramatic change and manufacturers  were learning that they should have listened to Deming 30 years earlier, the prospect of going into manufacturing of any old-time product seemed to be ludicrous. It shares its