We’ve started to reshape the European operations as well,” Paterson said. ![]() We restructured the US, where I sit, moved a lot of the global commercial functions to the United States, kept the back office functions in Australia, HR, finance, et cetera. “More importantly we put in all the systems and metrics and processes you need to have to run a global organization. So far, Paterson has helped Admedus reduce its cash burn from approximately $5 million down to $2.5 million per quarter, while reducing headcount and increasing sales and business by about 50% at the same time. It’s not a new process from where I sit now,” Paterson said. “The last one I did was Europe for Merck, and we had about 30% out of Europe, and that was hundreds of millions of dollars and thousands of headcounts. His restructuring at Admedus was his 4th, having turned around the European division for Merck previously. Restructuring is a topic Paterson says he knows well. ![]() During his time at Merck, he held positions as president of Japan, president of emerging products and EU president. To lead the restructuring effort, the company turned to 25-year pharmaceutical vet Wayne Paterson, who told in an interview that he’s been able to contribute a unique global perspective to the company, along with a wealth of experience in steering companies in the medical field in the right direction.īefore taking the reins at Admedus, Paterson had spent 25 years in global pharmaceuticals, living in 7 countries over the past 20 years – something he says helped him right the ship at Admedus. The company is finally seeing fruits of its labors, posting its 1st cashflow neutral quarter this year and looking to a hopeful turn to profitability in the future. I run the images through a batch encoder with Irfanview to get rid of black borders on the image, rename the files, and conform them to jpg.Ħ.For over a year, Admedus (ASX: AHZ) has been engaged in a significant restructuring effort as it looks to break trends of overspending and edge towards profitability. and bring down the number of stills to my 60-65 golden number.ĥ. I go through the folder again (immediately)looking at the frames on large preview and try and remove frames that replicate a certain lighting style or framing. I’m then left with usually around 80-100 really interesting frames. I view all the frames as a slideshow and I remove any frame that there are doubles of (someone might be blinking in first frame and normal in second) or remove any that seem less interesting this time around.Ĥ. So the next step is to edit, usually there might be a week or 2 between the first grab and this edit stage. This usually leaves me with around 200-250 frames per film. Depending on mood I could spend a few hours just doing the grabbingģ. ![]() I watch through the movies on VLC, usually between 3x and 4x speed while listening to podcasts, grabbing any frame that interests me. i try to keep a mix of styles.genres/directors and DP’s so I dont get bored while working.Ģ. Make a to do pile, its a combination of recommendations, stuff Ive been enjoying myself, stuff I want to rewatch…. ![]() Hi Arturo, Ive considered having a donate button, but I feel bad for asking for money, maybe I’ll post an amazon wishlist so people can contribute in that way sending me movies I want to feature on the site.ġ.
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