Category Archives: Media

The Next Market Amazon Could Take Over (Article)

Harry shares his thoughts about Amazon’s prospects in the pharmaceuticals market:

As Amazon seeks to continue its healthy pace of growth and leverage its massive distribution network, expanding into pharmaceutical distribution would be a logical move and natural extension of its business. With net sales of $136 billion in 2016, Amazon cannot ignore the potential growth that could be realized from the health care industry, which currently accounts for nearly 18% of U.S. GDP and could reach 25% over the next few decades.

Read the full article here.

What the Downfall of Michael Flynn Teaches Business Leaders About Hiring Bad Apples (Article)

In a recent Fortune article, Harry shares his thoughts on the importance of values-based leadership in assembling the “best team”:

“As a former chairman and CEO of a $12 billion health care company, I can attest that finding the right talent for the team is one of the biggest challenges for any leader, as well as one of the most important responsibilities. And leaders can’t just rely on their own “gut” or previous experiences in picking the right candidates, as Donald Trump discovered when he appointed Michael Flynn as his national security adviser.”

Read the full article here.

FILE – In this Feb. 1, 2017 file photo, National Security Adviser Michael Flynn speaks during the daily news briefing at the White House, in Washington. Trump says his former national security adviser is right to ask for immunity in exchange for talking about Russia. (AP Photo/Carolyn Kaster)

Sound Leadership Begins in Silence (Article)

From near priesthood to CEO of Baxter and now professor at the Kellogg School of Management, a recent profile piece by the Northwestern Office for Research delves into Harry’s upbringing and explores what makes him tick:

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It’s midnight and the house is quiet. Harry Kraemer Jr. is sitting in his study, reflecting on the day’s events — good, bad, indifferent—and filling a journal with his observations.

He’s done this most evenings for years, even back when his five children were all still at home here in Wilmette, Illinois; even when he was chairman and CEO of Baxter International, then a $9 billion global healthcare firm with more than 50,000 employees in 100 countries. He works it in now despite busy days as an executive partner at Madison Dearborn, the Chicago-based private equity firm he joined in 2005, after 23 years with Baxter. The notebook is part of a disciplined routine and values-based leadership model that Kraemer extols in his books, blog, and at the Kellogg School of Management, his alma mater, where he teaches in the MBA and Executive MBA programs.

Read the full piece here.

Self-Reflection Makes Better Leaders (Podcast)

In case you missed it, be sure to check out Harry’s interview on the Top of Mind radio show with Julie Rose on BYU Radio, where he shares his thoughts on the importance of self-reflection and how he has managed to do it consistently for over 30 years, even during his time as CEO of Baxter:

Don’t Let Travis Kalanick Off the Hook for Uber’s Sexual Harassment Culture (Article)

Uber CEO Travis Kalanick’s apparent surprise about the toxic culture at the ride-sharing company, amid allegations of sexual harassment and troubling reports that HR did not sufficiently intervene, sends up a glaring red flag about his leadership and potentially imperils his future at the company.

Read Harry’s full article here on Fortune.com.

Will Trump Reduce the Risk Management Drag? (Article)

Harry shares his thoughts with Tony Chapelle of Agenda on the potential impact President-elect Trump will have on American businesses:
Agenda Logo

Article published on January 3, 2017
By Tony Chapelle

Board members often complain that they devote far too much time ticking boxes for compliance and enterprise risk management and too little discussing strategy.

But now many U.S. directors, investors and business leaders are excited by President-elect Donald Trump’s business-friendly pronouncements and suggestions that he will actively undo regulations. If the new president and Congress instruct the Securities and Exchange Commission, Federal Trade Commission and the Consumer Financial Protection Bureau (CFPB) to ease the regulatory clamps, will directors be less burdened by the rigors of overseeing compliance and risk management?

Read the full article here.
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