Orthopedics was blindsided by the unexpected pandemic. What's next? Nobody knows, but there will be another one. There will be unexpected winds in the future - financial, regulatory, competitive, patents, pricing pressures, lawsuits, etc.
How will your company respond these unexpected winds?
Let's apply Nasim Taleb's principles to the resilience of orthopedic companies. There are three types of orthopedic companies - Fragile, Resilient, and Antifragile. Let's look at three examples and how these three companies weathered unexpected lawsuits.
"Wind extinguishes a candle and energizes ...
