It was reported in various media outlets that Amedica (that dogg of a spine company), announced that it had added several new executive to its management team. Even Lindsey Lohan hasn't gone through as many changes as this company has. The size of that management team should definitely help in shifting the direction of interbody devices, if not spiritually, at least physically. Talk about a company with too many layers of management. Senior Vice President of Marketing, and then you have the Vice President of Marketing. How many Vice Presidents does one company need. Isn't this the primary reason why nothing gets done in corporate America. Layers upon layers of people, justifying their existence, covering their asses, and attempting to make themselves much more important than they really are. Wasn't it yesterday, that Ben Shapely (sic) was going to take this company public? That the company was going to raise all this capital to take the company to the next level? That silicon nitride ceramic was going to reshape the world of the interbody market? What does one expect? Miracles?
It has been five years since its birth, one acquisition, an infusion of investor capital, and TSB must ask the proverbial question, "where's the beef." By the looks of things, its on the management team. It really doesn't get any funnier than when Eric T. Olsen is quoted as saying, "this is a momentous time for us as we expand our leadership team (LOL) and gain extensive expertise and insights to further our business strategy." So TSB must ask another question, "why, at this moment in time will it be any different than the last five years Eric?" The leadership capabilities of some of those named individuals leads much to the interpretation of how Mr. Olsen defines leadership. With Happy, Sleepy, Sneezy and Bashful on the leadership team, the jury is still out on this dogg of a spine company, but as Chuck once sang,
It was a teenage wedding and the old folks wished them well
You could see that Pierre did truly love the Mademoiselle
And now the young monsieur and madame have rung the chapel bell
C'est La Vie, say the old folks it goes to show that you never can tell
See you in another five years Amedica because your time has come and gone.