article thumbnail

9 Tips for Navigating the Inevitable Unexpected

Leading Blog

Given that the global biotechnology market was valued at USD 1.55 Some fail for a host of strategic or operational shortcomings addressed in any decent business school course. The likelihood of making beneficial decisions when facing the unexpected increases if we routinely practice certain values, skills, and approaches.

Tips 338
article thumbnail

Biotech Boom: Executive Search Strategies in Life Sciences

N2Growth Blog

By partnering with executive search firms, organizations operating in the life sciences industry tap into a vast network of experienced professionals with the necessary expertise to excel in these demanding roles and professionals with deep experience identifying and assessing that talent.

Execution 437
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

This isn’t all that surprising given the level of innovation activity in these sectors, but directors operating in similarly disrupted sectors should take note. Director Recruitment and Skills. As one director noted, “We spend a lot of time on operational strategy — growth, acquisitions, etc.

article thumbnail

Companies Can Address Talent Shortages by Partnering with Educators

Harvard Business Review

Although it’s hard to pinpoint when skills shortages became the norm in the U.S., industries face acute skills shortages. And how can companies help to address their own skills shortages to remain competitive in the future? Bernhard Lang/Getty Images. ” Unfortunately, this goal hasn’t been met. .”

article thumbnail

Developing Global Leaders Is America's Competitive Advantage

Harvard Business Review

As global companies focus their strategies on developed and emerging markets, they require substantial cadres of leaders capable of operating effectively anywhere in the world. economy, expands America's global trade, and attracts foreign companies to base operations in the U.S.

article thumbnail

Joining Boards: It's Not Just Who You Know That Matters

Harvard Business Review

It starts with a focus on skills. Although many boards continue to select new members from their own networks, our research suggests that more are beginning to implement objective processes to select members based on the skills and attributes that boards need to be effective. In our survey, we also asked about specific skills.

article thumbnail

It's Manufacturing's Turn for Special Treatment

Harvard Business Review

And if you do not have local plants, you don't need to employ highly skilled technicians to maintain equipment. This tight connection between R&D, innovation, and production is present in sectors like biotechnology, advanced materials, and nanotechnology. But by the 1990s, the R&D had migrated there as well. The Right Policies.