Medtronic should stop hiring MBAs with fancy finance degrees to run the company. It doesn't matter how smart they might be; you need to have innovative people who can produce innovative products from within. That had been the key to the company's competitive leverage over the years. Then came shortcuts to innovation through acquisitions in the last 10-15 years. That has not panned out well at all. I don't have the exact success rates of acquisitions, but I think it might be 1-2 out of 10. What a shame! A major rehaul is needed. Start from the top with the leadership and work your way down.
@5yum+1lLdNLgd made an excellent point.