Harvard Business Review

SEPTEMBER 29, 2011

Not long ago, the chief executive of a global telecommunications firm shared with me his frustration that "even in a meeting with the CEO, most institutional investors seek only granular data points to plug into their models. Some large investors already have a long-term view. Take consumer goods giant Unilever.

Long-term 12

Long-term CEO Short-term Asset Management 12

Strategy Driven

SEPTEMBER 28, 2016

One part of resilience is having grit, a firmness of character, or as psychologist Angela Duckworth describes it based on her studies, the “perseverance and passion for long-term goals.” Those who had developed mentors found them particularly helpful. We all have setbacks, it’s how you get up that makes the difference.

Long-term 50

Long-term Pharmaceuticals Advice Human Resources 50

Strategy Driven

JULY 13, 2011

Good performance measurement can help overcome the short- term bias of financial measures by explicitly monitoring how well a company or business unit is positioned to sustain and improve its financial performance. Short-term value drivers are the immediate levers of ROIC and growth. One dimension of this is the needed flows of talent.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Coaching Tip

AUGUST 31, 2011

Management’s training and development responsibility is to cultivate within the workplace an environment which lends itself to creativity, dreams, and collective spirit larger than the sum of its paychecks and mechanical parts. . Tragically, business leaders have had it drilled into them that the only thing that matters is shareholder value.

Pharmaceuticals 90

Pharmaceuticals Uncertainty Power Long-term 90

Coaching Tip

MARCH 15, 2011

Now I know this may be scant solace to an individual who’s been out of work and looking for a job a long time. Transforming time from an adversary into an ally has helped me develop the positive mindset to be able to dust myself off from my own early business failures and build my company, Weatherchem, into the leader in my industry. .

Pharmaceuticals 84

Pharmaceuticals Creativity Long-term Power 84

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

The Horizons Tracker

NOVEMBER 29, 2023

According to a study conducted by the Indiana University Kelley School of Business, diversity in terms of gender, race, and ethnicity has proven to be beneficial for companies operating in the United States. “We looked at their experiences and not just their demographic background—the more functional aspect of diversity. ” .”

Diversity 95

Diversity Innovation Biotechnology Short-term 95

Harvard Business Review

JULY 23, 2015

For years, there has been a push within the pharmaceutical industry to move “beyond the pill” — in other words, to build and deploy complementary services and solutions to diversify revenue sources. However, many beyond-the-pill efforts have sputtered or died. In addition, many top pharma customers (payers, etc.)

Pharmaceuticals 8

Pharmaceuticals Health Care Industry Committee 8

Harvard Business Review

APRIL 2, 2018

There is an abundance of high-quality comparative effectiveness data for pharmaceuticals, largely because of the drug approval process, but there’s less data on the value of other expensive investments into health, such as doctor visits and hospitalizations.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 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 overcame short-term thinking. A majority of public companies pledge allegiance to short-term profit over long-term vision. But it does happen.

Innovation 11

Innovation P&L Short-term Company 11

Harvard Business Review

JULY 8, 2016

Xiaomi’s phones are not technologically disruptive in hardware terms, but they are revolutionary in customer experience terms; customers come to expect and appreciate their weekly OS updates. As a result, we have missed China’s transition from displacer to disruptor.

Business Model 10

Business Model Innovation Company Apparel 10

Harvard Business Review

OCTOBER 6, 2016

Investments in traditional leadership development are often misguided and a waste of money. It’s not that development itself isn’t important. So they’re looking for ways to cultivate those competencies and, in the process, feeding the fad-driven leadership development market. Paul Garbett for HBR.

Leadership Pipeline 12

Leadership Pipeline Leadership After Action Review Pharmaceuticals 12

Harvard Business Review

DECEMBER 14, 2017

In the CVS-Aetna case, the care provider, a pharmaceutical retailer and pharmaceutical benefit manager, provides a very limited set of health services: drugs, drug purchasing, and selected, basic, routinized primary care at more than 1,100 local Minute Clinics located in communities around the United States.

Health Care 8

Health Care System Insurance Pharmaceuticals 8

Harvard Business Review

JANUARY 27, 2016

Much fanfare has been paid to the term “disruptive innovation” over the past few years. Christensen has even re-entered the fold clarifying what he means when he uses the term. Is 23andMe potentially disruptive to pharmaceutical companies? ” One in ancestry and the other in drug development. .”

Disruptive Innovation 8

Disruptive Innovation Innovation Short-term Long-term 8

Harvard Business Review

SEPTEMBER 26, 2011

The stock market is short-term-oriented. Furthermore, these actions are taken seemingly without regard to the consequences for the community, the employees, the survival of the company as an institution, or the creation of long-term firm value. Yes, those actions would have boosted short-term earnings. I disagree.

CEO 15

CEO Short-term Long-term Restructuring 15

Harvard Business Review

MAY 1, 2014

I learned this while leading a turnaround of NPS Pharmaceuticals , a biotechnology company that now specializes in creating treatments for rare diseases. from that of a fully integrated pharmaceutical company into a company that retained key technical expertise (e.g., Accordingly, I transformed the business model ?

Company 9

Company Pharmaceuticals Biotechnology Short-term 9

Harvard Business Review

JULY 28, 2015

How long will recruiters spend on your résumé before deciding to toss it in the recycle bin? Avoid generic terms such as results-driven , proven track record , excellent communication skills , team player. Develop award-winning, injury-reducing ergonomic equipment. Avoid generic terms.

Pharmaceuticals 8

Pharmaceuticals Retail Long-term Industry 8

Harvard Business Review

SEPTEMBER 21, 2018

Only 13% of directors in the energy and utilities industry consider innovation to be a major strategic challenge, but the swift growth of renewable energy companies and such developments as the use of drones for monitoring oil and gas production suggest that no industry is impervious to the forces of innovation.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

DECEMBER 20, 2011

Lipitor's Long Good-bye. Throughout its history, Pfizer's biggest product and the biggest-selling branded drug in pharmaceutical industry history, has delivered some confounding strategic lessons. Broad expansion of such disintermediation in the pharmaceutical business could, of course, encounter numerous hurdles.

Disintermediation 15

Disintermediation Industry Pharmaceuticals Price 15

Harvard Business Review

AUGUST 23, 2018

By facilitating the transition from school to the labor force, summer jobs can help students apply what they learn in school, learn more work-related skills, and develop contacts with employers. Here is what we’ve found: Short-term program impacts. Long-term program outcomes. Refocusing on Summer Jobs.

Short-term 8

Short-term Participative Long-term Career 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. Any long-term, strategic vision for making U.S. These costs are significantly higher for U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

NOVEMBER 8, 2017

The health care system in the United States, with its technological prowess and massive infrastructure, often serves as a reference point for rapidly developing economies around the world while they build their own medical systems. Over the same period, pharmaceutical exports have doubled. Victor Albrow/Getty Images. Insight Center.

Health Care 8

Health Care Tourism Pharmaceuticals Cost 8

Harvard Business Review

JULY 17, 2014

Likewise, marketing wants to clearly quantify the impact of its long-term branding efforts while finance is more focused on macro-economic drivers of marketing performance, such as interest rates, employment levels, inflation and retail sales. This has spurred re-thinks that include changes to key executive relationships.

Finance 13

Finance Marketing P&L ROI 13

Harvard Business Review

JANUARY 26, 2011

environmental, social and governance) metrics relevant to long-term sustainable corporate performance. Companies included in the ETF include major airlines, pharmaceuticals, industrials, and technology. The exchange has already established listing requirements for responsibility reporting, for example.

Long-term 14

Long-term Sample Report Pharmaceuticals 14

Harvard Business Review

OCTOBER 24, 2017

Lobbying for policy reform isn’t much of an answer, because incumbents generally have the benefit of long-term relationships with government agencies built up over many years. In late 2015, a San Francisco ballot initative proposed new restrictions on short-term rentals. Partner organizations. In the U.S.,

Licensing 9

Licensing Proposal Retail Long-term 9

Harvard Business Review

SEPTEMBER 14, 2017

A less aggressive mix (say 75:25) is typical in industries such as pharmaceuticals that want salespeople to focus on customer education, and for technical sales jobs that have a large problem-solving component. a high second number) motivates salespeople to drive short-term results.

Motivation 8

Motivation Incentives Franchising Short-term 8

Harvard Business Review

APRIL 4, 2018

Or the notorious case of Martin Shkreli, the former CEO of Turing Pharmaceuticals, who failed to apologize for dramatically raising the price of a life-saving drug. ” Creativity is a key criterion for a team’s long-term effectiveness and success. Develop your humility.

Creativity 13

Creativity Pharmaceuticals Learning-by-Doing Team 13

Harvard Business Review

JULY 16, 2013

Consider the pharmaceutical industry, the focus of a recent global survey my colleagues and I conducted. We asked nearly 200 life sciences executives about long-term trends that posed fundamental threats to their businesses and how management was dealing with them. Only, it''s not at all funny.

Industry 8

Industry Pharmaceuticals Disruptive Innovation Strategic Planning 8

Harvard Business Review

JUNE 29, 2015

It also takes a long time for returns on R&D investments to be realized—longer than the average five-to-seven-year period before the portfolio company is sold off. At the same time, there are certain ways LBOs can actually make it easier for firms to invest in the long term. ” There were other limitations.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

JANUARY 15, 2016

I teach at Rutgers University in New Jersey, the epicenter for many major companies in pharmaceuticals, insurance, and banking. The BPV leadership team knew content marketing represents a long-term investment … but also a huge opportunity for competitive differentiation. We’re regulated.” Be patient.

Industry 8

Industry Marketing Company Compliance 8

Harvard Business Review

OCTOBER 26, 2017

She recommends explaining your interest in terms of your career objectives.” ” The hiring manager might assume you’ll be bored and won’t stay long. She recommends a longer-term approach. “I think she was impressed both with my confidence and my desire to be a long-term employee.”

How To 13

How To Long-term Marketing Case Study 13

Harvard Business Review

JUNE 22, 2016

For example, do you make and sell things, hire skilled employees and provide services, develop and new IP like software or pharmaceuticals, or build and manage digital networks, be they transactional, informational, or social? Digital transformations, however, face even more risks because they require brand new skill sets and mindsets.

Intangible Assets 10

Intangible Assets Business Model How To Intellectual Capital 10

Harvard Business Review

JULY 7, 2011

Roger, a vice president of sales and marketing in the pharmaceutical industry, was one such Pleaser. While he longed to advance in his career, Roger had developed a bad habit of avoiding conflict. Years of longing for attention from his loving but preoccupied parents had conditioned him to avoid making waves.

Rogers 14

Rogers Morale Long-term Pharmaceuticals 14

Harvard Business Review

JANUARY 31, 2013

First we see major shifts in demand: developing economies such as China and India are morphing from the world's source of low-cost manufacturing capacity to the world's best market opportunities. They will not, it must be noted, alter how the role of manufacturing evolves as economies develop. Demand is Shifting.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

MAY 16, 2011

But most true collaborations cannot be controlled with fixed terms that are defined in advance — they must be managed through relational contracts that allow you to respond flexibly to new information. Sun did briefly maintain an arrangement that it termed an "alliance," one of the few times it used that term publicly.

Software 15

Software Licensing Long-term Telecommunications 15

Harvard Business Review

MAY 11, 2017

But we hear this kind of thing all the time from leaders in industries as varied as financial services, education, pharmaceuticals, and health care. Other researchers agree (see here , here , and here for examples): Expressing empathy produces physiological effects that calm us in the moment and strengthen our long-term sustainability.

Stress 15

Stress Health Care Emotional Intelligence Pharmaceuticals 15

Harvard Business Review

APRIL 24, 2017

and governments around the world to develop an equivalent to the Defense Advanced Research Projects Agency (DARPA), that focuses cross-sector efforts on advancing biological and pandemic risk readiness. We believe an important first step in this effort is for the U.S. Why should the public sector lead the way? It’s not enough.

Project 8

Project Disaggregation Globalization Comparison 8