When someone tells you to cut price by 20%,the problem is usually that nobody has measured the value.
Cantel was the premium leader in endoscope reprocessing, and the ground was moving. Colonoscopy volume was shifting out of hospitals and into ambulatory surgery centers, where a large hospital sales force had almost no reach. The recommendation on the table was a 20% price cut to win cost-conscious ASC buyers. Leadership ran the numbers, saw it would not work, and stood up a dedicated ASC team to find another answer.
I was asked to get a talk track to sales. I said we were going to get a listening track first. An ambulatory surgery center is not a small hospital. The owner is thinking about margin, cash flow and survival, and nobody had asked how our equipment showed up in those terms. So the sales team gathered customer research while I analyzed the competitive set in parallel, and the answer came back quickly: our equipment saved nursing staff a meaningful amount of cleaning time, and that time was worth more than the 20% premium we were charging.
I am an industrial engineer before I am a marketer, so I modeled it. What the equipment did to procedure throughput, to staff time, to total cost of ownership. Insights first, then strategy, then tactics. Running it in that order is the whole trick, and it is the order most teams reverse.
Then I built an audit around it. It mapped every step of a center's reprocessing workflow, found the efficiency they were leaving on the table, and flagged infection prevention and quality gaps along the way, with our own nursing staff consulting on each one. Product, sales and leadership had each been carrying a different version of the value. Now there was one version, and it was the customer's. Sales stopped opening with a product and started opening with a diagnosis, and customers were buying the consultation as much as the equipment.
Corinne asked me about this
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You were promoted to lead a $250 million business unit at Cantel after just eight months in the role and in that industry. So most people take years to earn that kind of trust. So what did you deliver in those first eight months that proved you could run a quarter billion dollar business?
I think, you know, trust, I find accelerates when uncertainty is going down and certainty is decreasing, right? So you kind of come in and it's like, oh, everything's uncertain, but the trust starts to accelerate. When you're, you know, steadfast on reducing people's uncertainty about the market and about how that business unit's gonna perform. And so, you know, in those first eight months, I really focused on the voice of the consumer and gathering, you know, the voice of the consumer.
I'll never forget my superior had said, okay, we're ready, we need a talk track, I need you to get a talk track to sales. And I said, okay, that sounds good. We're gonna get a listening track first. We need to understand the voice of the customer.
This focus on ambulatory surgery centers and needing the business needing to be successful with them was new. We were great at hospital, not so sure about ASC. I hadn't been doing very well. And so I needed that, that the insights, I needed the insights in order to drive the strategy and the strategy to then drive the tactics, right?
And so from there, getting those insights from the voice of customer, it was easier to then decide what the strategy is, get a rapid clarity around the business model and then getting really clear about the trade-offs, being very transparent about the trade-offs. This is the approach, but here are the trade-offs. Not gonna take a 20% price decrease on our products across the board. I think that's a good thing, but the trade-off is gonna be, hey, need some investment over here because in order to not take a 20% decrease, we're gonna arm the sales team with some tools that are gonna really help tell our efficiency story.
And then also just ownership of difficult decisions, right? So like, I know it's a difficult decision. I thought about it this way, this way, and this way, here's what I would recommend, right? And it's kind of being transparent around that.
So for me, it's not about trying to look impressive. It's just more about acknowledging what the risks are and reducing that for the executive team. I like to clarify performance drivers. Here's what I think is gonna make a business perform and make the priorities really explicit.
This is our strategy. These are our doctricks, but these are the priorities. And I guess I'm communicating those trade-offs early. So I think that when leaders feel that the business is more predictable and they feel aligned to the strategy, then the trust really follows.