Examine individual changes

'{{Infobox Company | company_name = Danaher Corporation | company_logo = [[Image:Danaher Corporation logo.png|243px]] | company_type = [[Public company|Public]] ({{nyse|DHR}})<br />[[S&P 500|S&P 500 Component]] | company_slogan = Invent. | foundation = [[1969]] | location = [[Washington, D.C.]], [[United States|U.S.]] | area_served = Worldwide | key_people = '''[[Steven M. Rales]]'''<br><small>([[Chairman]] of the [[Board of Directors|Board]])</small><br>'''H. Lawrence Culp, Jr.'''<br><small>([[President#Non-governmental presidents|President]]), ([[Chief Executive Officer|CEO]]) & ([[Board of Directors|Director]])</small>| num_employees = 59,000 <small> | industry = Science and technology| products| revenue = $ 13.202 billion <small>(2010)</small>| operating_income = $ 2.166 billion <small>(2010)</small>| net_income = $ 2.164 billion <small>(2010)</small>| assets = $ 22.217 billion <small>(2010)</small>| equity = $ 13.772 billion <small>(2010)</small>| homepage = [http://www.danaher.com Danaher.com] }} The '''Danaher Corporation''' {{nyse|DHR}}, is a Fortune 250, NYSE-listed, science and technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers. The portfolio of premier brands is among the most highly recognized in each of the markets they serve. The Company has 59,000 associates around the world serving customers in more than 125 countries. In 2010, Danaher generated $12.8 billion of revenue from five reporting segments: Test & Measurement, Environmental, Dental, Life Sciences & Diagnostics, and Industrial Technologies. ==History== In the early 1980's, Steven and Mitchell Rales' vision of a manufacturing company, dedicated to continuous improvement and customer satisfaction, was conceived during a fishing trip on the Danaher, a tributary to the south fork of the Flat Head River in western Montana. The origin of the name "Danaher" goes back to the root "Dana," a Celtic word dating from before 700 BC and meaning "swift flowing”.<p> Danaher traces its origins back to 1969 when its predecessor, DMG, Inc., was organized as a real estate investment trust. In 1978, DMG, Inc. changed its name to Diversified Mortgage Investors, Inc., and in 1984 adopted the name Danaher.<p> An important element of the Company’s history has been the evolution of the Danaher Business System (DBS) which began in the Jacobs Vehicle Systems business in the late 1980’s. It was there that Danaher became one of the first North American companies to utilize the principles of kaizen, the Japanese word for continuous improvement.<p> Representing a truly global process today, DBS is utilized by every operating location, function and level at Danaher to shape strategy, focus execution and create value for customers and shareholders alike. In the early 90's, Danaher consisted of a group of discrete, cyclical businesses. The Company’s corporate vision was to achieve above average growth along with reduced cyclicality.<p> In the mid 90's, Danaher began moving from fragmented businesses towards the creation of strategic platforms with sustainable competitive advantages and leadership positions in multi-billion dollar, global markets. Since then the portfolio has evolved to become a more global, higher growth, more scientific and technological set of businesses. Today, Danaher is a science and technology leader that designs, manufactures, and markets innovative products and services to professional, medical, industrial, and commercial customers. The portfolio of premier brands is among the most highly recognized in each of the markets they serve. The Company has 59,000 associates around the world serving customers in more than 125 countries. In 2010, Danaher generated $12.8 billion of revenue from five reporting segments: Test & Measurement, Environmental, Dental, Life Sciences & Diagnostics, and Industrial Technologies.<p> ==Danaher Business System== Success at Danaher doesn't happen by accident. The Company has a proven system for achieving it. Danaher calls it the Danaher Business System (DBS), and it drives every aspect of the culture and performance. They use DBS to guide what they do, measure how well they execute, and create options for doing even better -- including improving DBS itself. In the mid-1980s, a Danaher operating company faced with intensifying competition launched an improvement effort based on the then-new principles of lean manufacturing. The initiative succeeded beyond anyone's expectations - reinforcing the operating company's industry leadership as well as spawning the Danaher Business System (DBS). Fueled by Danaher's core values, the DBS engine drives the Company through a never-ending cycle of change and improvement: exceptional PEOPLE develop outstanding PLANS and execute them using world-class tools to construct sustainable PROCESSES, resulting in superior PERFORMANCE. Superior performance and high expectations attract exceptional people, who continue the cycle. Guiding all efforts is a simple philosophy rooted in four customer-facing priorities: Quality, Delivery, Cost, and Innovation. :[[File:DBS Logo.jpg|thumb||left|Danaher Business System]]<p> <p>Over time, DBS has evolved from a collection of manufacturing improvement tools into a philosophy, set of values, and series of management processes that collectively define who the Company is and how they do what they do. Today, the DBS tools are designed to help Danaher excel in the areas of:<br> 1. Growth<br> 2. Leadership<br> 3. Lean<br> <p>The Company believes the DBS tools are a unique and clear differentiator for the business because:<br> • They have been refined over time into an integrated set of values and processes<br> • They are designed to yield the highest impact<br> • They can be implemented quickly and sustained over time by all Danaher associates<br> • They are shared across all of Danaher’s operating companies<br> ==Business Segments== The Company’s five reporting segments reflect the evolution of the business to a science and technology company. '''1) Test & Measurement'''<br> The Test & Measurement segment is a leading, global provider of electronic measurement instruments and monitoring, management and optimization tools for communications and enterprise networks and related services. The products are used in the design, development, manufacture, installation, deployment and operation of electronics equipment and communications networks and services. Customers for the Company’s products and services include manufacturers of electronic instruments; service, installation and maintenance professionals; network equipment manufacturers who design, develop, manufacture and install network equipment and service providers who implement, maintain and manage communications networks and services. Also included in the Test & Measurement segment are mobile tool and wheel service businesses.<br> '''2) Environmental'''<br> The Environmental segment provides products that help protect our water supply and air quality and serves two primary markets: water quality and retail/commercial petroleum. The Company’s water quality business is a global leader in water quality analysis and treatment, providing instrumentation and disinfection systems to help analyze and manage the quality of ultra-pure, potable and wastewater in residential, commercial and industrial applications. Danaher’s retail/commercial petroleum business is a leading worldwide provider of products and services for the global petroleum market. The solutions and services are focused on fuel dispensing, point-of-sale systems, payment systems and environmental compliance.<br> '''3) Dental'''<br> The Dental segment is a leading, worldwide provider of a broad range of equipment, consumables and services focused on developing, manufacturing and marketing innovative solutions for dental professionals. Products include 2D and 3D digital imaging solutions, instruments, dental hand pieces, and treatment units, as well as infection prevention products, orthodontia, endodontic and implant solutions, and general dentistry consumables. Customers for the Company’s products and services include general dentists, dental specialists, hygienists, and educational, medical and government entities. Products and services are sold directly and through dealer networks around the world.<br> '''4) Life Sciences & Diagnostics'''<br> The Life Sciences businesses offer a broad range of research and clinical tools used by scientists to study cells and cell components to gain a better understanding of complex biological matters. Danaher’s Diagnostics businesses offer a broad range of analytical instruments, reagents, consumables, software and services used to diagnose diseases and make treatment decisions in histopathology labs, hospitals and other critical care settings.<br> '''5) Industrial Technologies'''<br> The Industrial Technologies segment designs and manufactures components and systems that are typically incorporated by original equipment manufacturers and systems integrators for sale into a diverse set of applications and end-markets. The businesses also provide a full range of service and support, including helping customers with integration and installation to ensure maximum performance and uptime. The Product Identification platform provides equipment and consumables for variable printing, marking and coding on a wide variety of consumer and industrial products. The Company’s Motion platform delivers innovative, electromechanical solutions for the industrial automation and packaging markets. Danaher’s Specialty Products businesses offer focused product technologies to targeted industrial markets.<br> ==Leadership== H. Lawrence Culp, Jr., President and Chief Executive Officer<br> Daniel L. Comas, Executive Vice President and Chief Financial Officer<br> Thomas P. Joyce, Executive Vice President<br> James A. Lico, Executive Vice President<br> William K. Daniel, II, Executive Vice President<br> James H. Ditkoff, Senior Vice President, Finance & Tax<br> Jonathan P. Graham, Senior Vice President and General Counsel<br> Robert S. Lutz, Senior Vice President and Chief Accounting Officer<br> Daniel Raskas, Senior Vice President, Corporate Development<br> ==References== {{Reflist}} ==External links== [[Category:Companies listed on the New York Stock Exchange]] [[Category:Manufacturing companies based in Washington, D.C.]] [[Category:Companies established in 1969]] [[de:Danaher Corporation]] [[it:Danaher]]'