1) Describe the essence of the Danaher Business System and how it has contributed to the pro?table growth
of Danaher Corporation. How broadly do you think this system can be applied across sectors? What
surprised you most about Danaher's long-term record of successful growth?

1.

- The Danaher Corporation began as a real estate corporation, with Steve and Mitch Rales as the primary founders. They went out and bought a slew of badly managed industrial companies that they thought had promise for expansion. They desired such industries in order to rehabilitate and operate them profitably. They thought it was a better investment than real estate. The company went from nearly nothing to a market worth of $395 million in 15 years after the rebuilding process. The business system of Danaher Corporation was founded in 1986. The company's success did not happen by chance. That's because the organization has a tried-and-true structure in place to assist them in achieving their goals. It's known as the Danaher Business System (DBS), and it serves to drive every area of the company's operation. The system aids in the direction of what the company does, how it performs, and the creation of options for improved performance.