HR Digest

MARCH 24, 2023

So now, insurers – including Medicare private plans and Part D plans – are required to charge no more than $35 per month for insulin products. Some pharmaceutical companies said they fear government-set drug prices will ultimately reduce patients’ access to new therapies. of adults – 1.3

Price 52

Price Insurance Pharmaceuticals Cost 52

HR Digest

NOVEMBER 10, 2021

Having joined the world’s largest pharmaceutical company, she is now out to raise the bar for human resources leadership across the organization. Our goal is to remove barriers to access by increasing access and affordability for patients in historically underserved communities. colleagues.

Diversity 102

Diversity Commitment Learning-by-Doing Globalization 102

Eric Jacobson

JANUARY 15, 2016

Author Elaine Quinn wrote the book after working as a consultant for 10 years with small business owners who struggled with organization, time management, workflow processes, productivity and related challenges. The techniques Quinn teaches small home-based business owners also apply to work-from-home employees of large organizations.

Quinn 50

Quinn Pharmaceuticals How To Consultative 50

Eric Jacobson

DECEMBER 19, 2014

Author Elaine Quinn wrote the book after working as a consultant for 10 years with small business owners who struggled with organization, time management, workflow processes, productivity and related challenges. The techniques Quinn teaches small home-based business owners also apply to work-from-home employees of large organizations.

Quinn 59

Quinn Pharmaceuticals Consultative Skills 59

Strategy Driven

DECEMBER 13, 2018

We created this concept of TQ, which diagnoses the team’s strengths and development opportunities and arrive at a collective score. On the other hand the team vision will galvanize the team into action and pull it towards its goals. It should be specific, tangible, and then broken down into meaningful goals.

Team 66

Team Pharmaceuticals Project Learning-by-Doing 66

Harvard Business Review

SEPTEMBER 22, 2015

As the ire over high prescription drug prices in the United States escalates , it’s easy to blame pharmaceutical companies. But pharmaceutical companies aren’t to blame. The annual expense for a recently developed cancer drug cocktail is $295,000. (No They’ve executed well on the rules set by the U.S.

Pharmaceuticals 8

Pharmaceuticals Price Budgeting Insurance 8

N2Growth Blog

FEBRUARY 4, 2015

A move toward the Advantage Strategy Paradigm begins with the adoption and commitment to a set of principles that guides all executives in the decisions and actions they take related to developing, planning, and executing strategy. How many more times do people have to hear it before it actually becomes a priority? That is the good news.

Process 150

Process Agility Competitive Advantage Strategy 150

Eric Jacobson

DECEMBER 3, 2011

Author Elaine Quinn wrote the book after working as a consultant for 10 years with small business owners who struggled with organization, time management, workflow processes, productivity and related challenges. The techniques Quinn teaches small home-based business owners also apply to work-from-home employees of large organizations.

Quinn 55

Quinn Books Pharmaceuticals Consultative 55

Strategy Driven

APRIL 3, 2014

Crafting and writing a branded healthcare executive resume, that differs from the traditional medical resume, can make a significant difference in your executive job search results and improve the opportunities to land that next-level position in pharmaceutical, biotech and medical device industries. You must appeal to all of these audiences.

Tactics 59

Tactics Execution Pharmaceuticals Human Capital 59

Tanveer Naseer

MAY 16, 2011

Russell is an educational psychologist, author, executive coach and management consultant whose clients include Fortune 500 executives in aerospace, healthcare, pharmaceutical and biotechnology, information technology, telecommunications and oil and gas. Are You Using Dialects To Develop Your Employees’ Skills? You’ll be glad you did.

Bureaucracy 203

Bureaucracy Compliance Learning-by-Doing Engineering 203

Harvard Business Review

JULY 20, 2017

The innovation alone is a herculean task, but imagine being that upstart pioneer trying to develop the technology, while at the same time going up against entrenched, powerful competitors with deep industry knowledge, assets, and channels who’ve been around for a hundred years or more. Such collaboration can take many shapes.

Innovation 9

Innovation Productivity Products Venture Capitalist 9

Harvard Business Review

JUNE 13, 2016

Since 1999, three years after OxyContin was unveiled by Purdue Pharmaceuticals, the rate of drug overdoses in the U.S. Meanwhile, the amount of prescription opioids sold by pharmaceutical companies has quadrupled, despite no proliferation in the amount of reported pain. And what can we learn from it?

Incentives 8

Incentives Pharmaceuticals Crisis P&L 8

Strategy Driven

MARCH 18, 2011

PL and CM: Coherent companies – those that possess a capabilities system that aligns their strategy with their product/service portfolio – generate superior performance over time, which is what we call the coherence premium. SD : It sounds logical to develop strategy by starting with one’s capabilities. SD : Why now?

Resources 62

Resources Industry System Strategy 62

Harvard Business Review

APRIL 7, 2017

Infants with SMA1, the most common and severe form, develop progressive paralysis before six months. Food and Drug Administration (FDA) announced its approval of nusinersen (sold as “Spinraza”), an effective SMA treatment licensed to Biogen by Ionis Pharmaceuticals. Most die before their second birthday.

Health Care 8

Health Care Cost System Pharmaceuticals 8

Harvard Business Review

DECEMBER 20, 2011

The two biggest product stories of 2011 were arguably Lipitor and the iPhone 4S. The iPhone 4S's story seems to be about a new beginning: the highly anticipated launch of the latest version of a blockbuster consumer-technology product. 30) of a blockbuster prescription drug. Both Pfizer and. Lipitor's Long Good-bye.

Disintermediation 14

Disintermediation Industry Pharmaceuticals Price 14

Harvard Business Review

APRIL 2, 2018

We invest billions of dollars each year in medicines, new technologies, doctors, and hospitals—all with the goal of improving health, arguably our most prized commodity. In the last half decade, however, several new HCV treatments have been developed with cure rates exceeding 90%. rawpixel/Getty Images. For instance, the U.S.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Harvard Business Review

OCTOBER 23, 2014

Used to its full potential, this is predictive medicine — the ability to integrate and analyze known disease characteristics with a specific patient’s history and health status, and use the resulting insights to change outcomes and inform new directions for life sciences research and development. They’re also sharing risk.

Health Care 8

Health Care Pharmaceuticals Information Technology Supply Chain 8

Harvard Business Review

AUGUST 17, 2012

Most of its sales are in the developing world (including 40% in Africa) — where it sells its HIV drugs for about $350 per year per patient — yet it is as profitable as the pharma giants of Europe, North America, and Japan. and other traditionally developed markets. and other traditionally developed markets.

Company 11

Company Pharmaceuticals Business Model Fixed Costs 11

Harvard Business Review

MARCH 21, 2018

Looking ahead, we will continue to drive productivity, and we plan to conduct a deep dive into the details of our cost structure and allocation of capital to ensure we deliver appropriate returns for shareholders.” Injuries and catastrophic events, in addition to being tragic, are evidence that production is not being managed correctly.

Operations 14

Operations Chemicals CEO Metrics 14

Harvard Business Review

FEBRUARY 29, 2016

We built on qualitative data from NASA’s Challenger and Columbia accidents to develop a model about the role of serious errors in organizations’ cycling between learning and forgetting. We then tested the model using quantitative data about the incidence of safety-related errors in the context of pharmaceutical drugs.

Organization 8

Organization McCombs Pharmaceuticals Learning-by-Doing 8

Harvard Business Review

NOVEMBER 30, 2017

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. It’s clear why pain in the domestic supplier base matters from a policy perspective.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

NOVEMBER 3, 2017

However, beyond the strategic goal of becoming an industry leader in terms of cost structure, there was no “story” for how this effort would complement the business’s broader ambitions. Tension #3: Capability development versus pressure for results. The Gap Between Strategy and Execution.

Execution 10

Execution Strategy Decentralization Short-term 10

Harvard Business Review

OCTOBER 13, 2011

Bank marketing materials focus on the dreams, anxieties and goals of consumers. The pharmaceutical industry also creates products with complex interactions and potentially dangerous side effects. Yet unlike in finance, where distributing risk across institutions is the goal, in drug development the focus is on isolating risk.

Banking 10

Banking Pharmaceuticals Microfinance Risk Management 10

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces. It’s not just products. Experimentation is vital.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

SEPTEMBER 5, 2016

The UK’s Department for International Development uses “results-based” aid to improve the educational outcomes of young girls in Africa and Asia. Pearson, the educational publisher, measures the efficacy of its products to improve educational outcomes. Consider these examples: Education. ” Health care.

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

SEPTEMBER 14, 2017

The belief is that at-risk pay motivates salespeople to work hard and direct effort towards sales activities that encourage achievement of sales goals. Customers may buy from a firm because the company has superior products, great branding, effective digital marketing or favorable pricing. Free sales come in two forms.

Motivation 8

Motivation Incentives Franchising Short-term 8

Harvard Business Review

APRIL 5, 2012

The business had ambitious revenue growth goals, and sales leaders wanted to focus sales efforts on the most attractive opportunities. If you know market potential by account segment, you can scale and deploy sales resources appropriately against opportunities and can develop segment-appropriate value propositions and sales processes.

Retail 9

Retail Incentives Tactics Pharmaceuticals 9

Harvard Business Review

SEPTEMBER 4, 2017

One of the common but unfortunate byproducts of major change is the setting of unrealistic goals. Leaders with strong self-knowledge don’t fear pushing back on others, including bosses or customers, and renegotiating goals and timelines when they don’t make sense. They focus on the things they can control.

Supply Chain 11

Supply Chain Self-aware Loyalty Stress 11

Harvard Business Review

SEPTEMBER 15, 2014

A big goal requires a “thick we” network — a community of people who feel responsible for collaborating toward a shared purpose that they see as superseding their individual needs. When networks develop into communities, the results can be powerful. Participants tend to belong for individualistic reasons.

Gilbert 8

Gilbert Participative Cooper Network Economy 8

Harvard Business Review

MAY 1, 2013

Without adequate financing, ministries of health and even private hospitals in developing countries often don''t have the resources needed to purchase diagnostic equipment, train workers, and ensure access to appropriate treatment. Resistant forms continue to thrive, and increased travel makes the global threat very real.

Health Care 8

Health Care ROI NGO Long-term 8

Harvard Business Review

SEPTEMBER 23, 2014

Take the case of Janssen, the pharmaceuticals arm of Johnson & Johnson, which created a breakthrough innovative program called Immersion. They let go of conventional planning and productivity measures and embraced a discovery-driven process. But it does happen.

Innovation 8

Innovation P&L Short-term Company 8

Harvard Business Review

MAY 28, 2013

In one of the most comprehensive global surveys of corporate directors to date, we found that they were very worried about developing and enacting strategic plans that will enable their organizations to succeed. We might expect the regions with the lowest overall averages to be those dominated by developing or emerging economies.

Talent Management 8

Talent Management Company Telecommunications Management 8

Harvard Business Review

SEPTEMBER 5, 2016

Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation. The facility is more than twice as productive as its sister plants in GE Aviation. million individuals for other work that is more creative and productive. Juan Díaz-Faes for HBR.

Cost 8

Cost Bureaucracy GDP Management 8

Harvard Business Review

JUNE 23, 2015

When I was in the midst of researching what caused cross-functional teams to succeed — and finding that many of them failed — I discovered a deeply dysfunctional development project in a huge multinational IT company. maintaining alignment with the company’s corporate goals. meeting a planned budget; 2.)

Team 8

Team Project Software Engineering 8

Harvard Business Review

NOVEMBER 29, 2018

It ensures alignment of goals, resources, and people. It connects to the organization’s overall strategy and performance goals. We also recognized and closed gaps in training on new equipment, replacement parts, new products, and instructional manuals, allowing the system to implement swift training for our caregivers.

Health Care 8

Health Care System Metrics Report 8

Harvard Business Review

MARCH 12, 2012

That strategy could be especially effective if the company priced access at the point just below the competitions' 'go/no-go' price for developing similar technology. Third, the company could earn goodwill from the local communities in which it manufactures its products.

Co-Opetition 13

Co-Opetition Company Brandenburger Game Theory 13

Harvard Business Review

MARCH 24, 2017

You are the newly promoted vice president of business development at an oil company. Most companies talk a good ethics game and even make their goals public. Compensation should be tied to broad-based outcomes and include things such as customer satisfaction and product knowledge, in addition to success at closing deals.

Ethics 8

Ethics Company Incentives Policies 8