Jim Lico

Fortive inherited the Danaher Business System — rebranded as the Fortive Business System (FBS) — the rigorous lean management and continuous improvement methodology that drives operational excellence across the portfolio. Lico himself spent 20+ years at Danaher before leading the spinoff. Fortive operates three segments: Intelligent Operating Solutions (Fluke — the world's leading maker of handheld electronic test and measurement instruments, and Industrial Scientific — gas detection), Precision Technologies (Tektronix — oscilloscopes and signal analyzers, Sensing Technologies), and Advanced Healthcare Solutions (surgical and sterilization workflow software). The company has been shifting its portfolio toward higher-growth, higher-margin software and connected solutions. Key acquisitions include Gordian (facility planning and construction cost data software), Accruent (facility and asset management software), Provation (clinical documentation software), and ServiceChannel (facilities management platform). Key stock drivers include industrial production activity, software revenue growth and mix, FBS-driven margin expansion, acquisition pipeline and integration execution, healthcare technology adoption, and the overall industrial economy cycle.