Strategic Leadership Series: Peter Farrell, Founder of ResMed

Dr. Peter Farrell, founder and chairman of ResMed, is a veteran healthcare R & D executive and entrepreneur.   Dr. Farrell’s background and education in engineering and science laid the foundation for the founding of ResMed in 1989, a San Diego-based medical device company has evolved from its humble 6 person staff to 4,500 employees globally today. With 14% market share globally, ResMed is a leading developer, manufacturer and marketer of products for the screening, treatment and long-term management of sleep-disordered breathing including sleep apnea and other respiratory disorders.
The company's revenue exceeded $1.5 billion in 2013, with revenue expected to more than double in the next decade.

Within the medical industry and beyond, Dr. Farrell is known for fostering an entrepreneurial spirit within his company.
A firm believer in selecting people who are the right fit for the company and whose values are in alignment with the company’s values, Dr. Farrell attributes the success of ResMed to its exceptional people.

In this Strategic Leadership Series, Farrell will reveal what he calls the Five Elements of Leadership, which are applicable in every field of work. He will discuss why selecting the right people lays the foundation for long-term success, why he considers meetings a waste of time and how to make them more efficient and productive, and how to apply to 4/2 rule to managerial pronouncements - everything takes four times as long as you thought it would and costs twice as much money.
Farrell will also discuss his business strategy approach, which includes asking practical but crucial questions such as, “How big is the market for this?” and “How to we access the market?” to more long-ranging questions such as, “Is it going to happen in our lifetime?” Attendees will learn first-hand Dr. Farrell’s hard-won insights into leadership and management, and gain an understanding of how Dr. Farrell successfully grew his company from a small local start-up in San Diego to one of the leading medical device companies in the world. 

The Strategic Leadership Series event takes place on Thursday, March 27 from 11:15 a.m. to 1 p.m. at Admiral Baker Clubhouse in San Diego.  Registration costs $49 for SDEA members and $59 for non-members and includes lunch and networking.
Eligible for 1 Strategic HRCI unit.