10 Things You Didn't Know about Danaher CEO Thomas P. Joyce, Jr.

Thomas P. Joyce, Jr. is the current President and CEO of Danaher Corporation. For those who are unfamiliar with that name, Danaher Corporation is a conglomerate with an enormous presence in the United States and beyond. Here are 10 things that you may or may not have known about Thomas P. Joyce, Jr.:

1. Thomas Is a Name that Became Popular in the Medieval Era

It is interesting to note that Thomas wasn't a name that saw much use in England until the Norman Conquest, which saw William the Conqueror beating the last Anglo-Saxon king of England to claim the English crown in 1066. Thomas proceeded to become very popular in England, which is a status that it has retained to the present time.

2. Joyce Means Lord

Joyce comes from the Old French Josse, which in turn, comes from the Latin Iudocus. However, the Latin Ludocus is a Latinization of the Breton Judoc, which means "lord." When used as a female given name, it is possible for Joyce to have come from the Middle Englishjoise, which just means "rejoice."

3. Studied at the College of the Holy Cross

Education-wise, Joyce studied at the College of the Holy Cross. Like its name suggests, the College of the Holy Cross is a Jesuit liberal arts college in the state of Massachusetts. However, what stands out about it the most is the fact that it is one of the oldest schools in the whole of the United States.

4. Studied Economics

Eventually, Joyce graduated from the College of the Holy Cross with a Bachelor of Science. As for his field of study, that was economics, which is something with a fair amount of applicability for people who want to enter the world of business.

5. Has Been at Danaher Corporation for More Than 25 Years

Danaher Corporation isn't the sole place where Joyce has worked over the course of his career. However, he has spent more than 25 years at the corporation, meaning that it is no exaggeration to say that he has climbed up its corporate hierarchy step by step to reach his current position as its head.

6. Responsible for the Danaher Business System

Joyce can claim a significant share of the responsibility for the Danaher Business System. In short, this is the plan that Danaher Corporation uses to guide its decision-making as well as gauge the extent of its successes and failures. As such, it is very much based on Danaher Corporation's core values.

7. Has Bought a Lot of Companies

As the head of Danaher Corporation, Joyce has overseen the purchasing of more than two dozen companies. This is interesting because most companies prefer to focus on their chosen fields, meaning that there are limited options for what they can and cannot buy. In contrast, Danaher Corporation's nature as a conglomerate means that it can look for potential purchases from a much wider range of prospects.

8. Believes in a Shared Purpose

Speaking of which, it is interesting to note that Joyce puts a strong emphasis on a shared purpose for Danaher Corporation. This makes sense because Danaher Corporation's revenue-earning operations are so widespread in nature, meaning that it can't count on sharing the same field for a sense of unity. Instead, it relies on a shared purpose instead.

9. The Shared Purpose Is Helping Realize Life's Potential

As for what the shared purpose might be, well, Joyce hasn't been hesitant about revealing it. In short, it is "helping realize life's potential," which is broad enough to make it suitable for a wide range of fields.

10. Uses Shared Purpose to Engage Workforce

Finally, some people might wonder why Joyce cares about having a shared sense of purpose for Danaher Corporation so much. If so, they should know that he sees it as a way for him to engage his corporation's workforce, which is something that a wide range of executives at a wide range of companies have been putting serious effort into for a long, long time. After all, more engaged workers tend to be more productive workers, meaning that it is in the best interests of senior management to convince their workers that they have a reason to be invested in whatever it is that they are doing.