Danish hearing aid manufacturer
Oticon is a hearing aid manufacturer based in Copenhagen , Denmark. The company is a subsidiary of Demant A/S . It was founded in 1904 by Hans Demant, whose wife was hearing impaired . The company claims to be the world's second-largest manufacturer of hearing aids , and uses a management style known as "spaghetti organization"[ 1] [ 2] introduced by Lars Kolind [ 3] [ 4] [ 5] under his leadership between 1988 and 1998.[ 6] [ 7] [ 8]
Oticon has branches in several countries, including a production plant in Poland , with more than 3,000 employees worldwide.[ 9]
Oticon hearing aid
Oticon Medical
Oticon Medical is a sister company of Oticon, both being subsidiaries of the Demant Group.[ 10] Whereas Oticon specialises in hearing aids, Oticon Medical specialises in hearing implants and released its first products in 2009.[ 11] The company's Ponto bone conduction implant is now in its fifth generation.[ 12]
In 2013, Oticon Medical acquired Neurelec , a French producer of cochlear implants.[ 13]
In April 2022, Demant announced it had agreed to sell Oticon Medical to Australian company Cochlear Limited for DKK850 million and would exit the hearing implant business.[ 14]
References
^ "Oticon A/S: Spaghetti Organization and Beyond" . IBS Center for Management Research. Retrieved 12 September 2012 .
^ "Case Study: Revolution at Oticon A/S: The Spaghetti Organization (Condensed)" . Harvard Business Review. Retrieved 10 September 2012 .
^ Peters, Tom (January 1994). Liberation Management . United States: Ballantine Books. p. 880 . ISBN 0-449-90888-7 .
^ Ewing, Jack (6 August 2007). "Denmark's Masters of E-Mail Marketing" . Bloomberg Businessweek. Archived from the original on 9 July 2012. Retrieved 12 September 2012 .
^ Poulsen, Per Thygesen (1993). Tænk det utænkelige: Revolutionen i Oticon . Denmark: Schultz Erhvervsbøger. p. 174. ISBN 87-569-7920-7 .
^ Tænk det utænkelige: Revolutionen i Oticon . 1993. ISBN 9788756979207 . Retrieved 12 September 2012 .
^ "Think the Unthinkable (in Danish: Tænk det utænkelige!)" . Kolind Kuren. Retrieved 12 September 2012 .
^ Morsing, Mette; Eiberg, Kristian (1998). Managing the Unmanageable for a Decade . Denmark: Oticon A/S. p. 244.
^ "Oticon Hearing Aids" . Apex Hearing. Retrieved 6 May 2014 .
^ "Oticon Medical – A company founded on care" . earcommunity.org . Retrieved 24 March 2022 .
^ "Our history" . www.demant.com . Retrieved 24 March 2022 .
^ "Oticon Medical bone-anchored hearing devices" . Healthy Hearing . Retrieved 24 March 2022 .
^ Apr 2; Ear, 2013 | Behind the; Implants, Cochlear; News | 0 |, Industry (2 April 2013). "William Demant Acquires Neurelec, a French Manufacturer of Cochlear Implants" . The Hearing Review . Retrieved 24 March 2022 . {{cite web }}
: CS1 maint: numeric names: authors list (link )
^ Ogg, Matt (27 April 2022). "Cochlear to acquire loss-making Oticon Medical for $170 million" . Business News Australia . Retrieved 6 May 2022 .
External links