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. The following is a guest post by Russell Bishop. So sue me” was the response.

Bureaucracy 232

Bureaucracy Compliance Learning-by-Doing Engineering 232

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

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. rawpixel/Getty Images. Yet, investments in the U.S. health care system woefully underperform relative to those made in health care in other countries.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 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. a high second number) motivates salespeople to drive short-term results. In the short term, however, these sales are free to the salesperson.

Motivation 8

Motivation Incentives Franchising Short-term 8

Harvard Business Review

SEPTEMBER 13, 2011

You either achieve your goals or you don't. But only athletic events produce clear winners and losers in the short-term — and most organizations are not actively engaged in those. Rather, we need to better understand how these numbers were achieved and what they are actually saying about a company's long-term health.

Short-term 14

Short-term Pharmaceuticals Long-term Maturity 14

Harvard Business Review

MAY 24, 2012

Pharmaceutical manufacturers, insurers, and retailers invest millions in risk avoidance. As people from different departments with different ideas and goals work together, philosophical differences are almost guaranteed. Risk management isn't exclusive to banking.

Merchandising 11

Merchandising Risk Management Supply Chain Retail 11

Harvard Business Review

JUNE 29, 2015

Second, the main goal of PE investors is to increase a firm’s value so that it can be sold for profit. At the same time, there are certain ways LBOs can actually make it easier for firms to invest in the long term. There’s a longstanding debate about whether private equity investors create value for the firms they buy.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

SEPTEMBER 5, 2016

Cigna is the first insurance company to get pharmaceutical companies to agree to value pricing based on results for certain cholesterol-lowering drugs. Another problem we’ve seen is that some providers, seeking to fit in to a payment cycle, focus on short-term results, losing sight of the end goals.

Incentives 8

Incentives Health Care Education Insurance 8

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. Another way for new entrants to turn customers into advocates is by seeking support from existing consumer organizations whose goals align with those of the firm.

Licensing 10

Licensing Proposal Retail Long-term 10

Harvard Business Review

MAY 1, 2013

While currently crippled by inadequate infrastructure in many countries, low- and middle-income countries will be the fastest-growing markets for pharmaceuticals and medical devices over the next decade. What can the health care industry do to help fight disease, while still maintaining its commitments to shareholders? Redefine ROI.

Health Care 8

Health Care ROI NGO Long-term 8

Harvard Business Review

MAY 11, 2017

And life is just too short to be unhappy at work. But we hear this kind of thing all the time from leaders in industries as varied as financial services, education, pharmaceuticals, and health care. This kind of thing stresses me out to the max.” ” Stress a happiness killer.

Stress 15

Stress Health Care Emotional Intelligence Pharmaceuticals 15

Harvard Business Review

SEPTEMBER 10, 2013

In the 1990s and 2000s, for example, several corporate-venture initiatives helped pharmaceutical companies catch up with rapid advances in bioscience that were threatening to undermine the value of their well-established expertise. You know those baby sea turtles that get eaten by birds and crabs on their way from the nest to the water?

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

SEPTEMBER 10, 2013

In the 1990s and 2000s, for example, several corporate-venture initiatives helped pharmaceutical companies catch up with rapid advances in bioscience that were threatening to undermine the value of their well-established expertise. You know those baby sea turtles that get eaten by birds and crabs on their way from the nest to the water?

Venture Capitalist 8

Venture Capitalist Venture Funding Innovation Incentives 8

Harvard Business Review

JUNE 20, 2017

Prasad, CEO of Dr. Reddy’s, a 33-year-old global pharmaceutical company headquartered in India that produces affordable generic medication. The goal was to demonstrate this idea in action, not talk about it. Successful leaders of movements are often masters of framing situations in terms that stir emotion and incite action.

Company 15

Company Agility Innovation Learning-by-Doing 15

Harvard Business Review

DECEMBER 27, 2013

Sure, the company was eventually both punished and sold (it’s now one of the fastest-growing pharmaceutical businesses in the U.S.). February 2013) By the People, Not For the People Maximizing Shareholder Value: The Goal That Changed Corporate America The Washington Post In 1963, IBM CEO Thomas J. But is it actually working?

Armstrong 8

Armstrong Long-term Short-term CEO 8

Harvard Business Review

JUNE 12, 2018

In some specialized industries, such as pharmaceuticals , monitoring consumer behavior can be a legally mandated part of post-purchase experiences, with the ultimate goal of vigilance for brand and consumer safety (such as tracking adverse drug reactions). Mapping adds a new layer to this type of monitoring.

Short-term 8

Short-term Brand Long-term Media 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. The team tasked with overseeing the effort designed an aggressive implementation plan that tied targets to manager compensation.

Execution 14

Execution Strategy Decentralization Short-term 14

Harvard Business Review

JULY 20, 2017

This is the challenge for all kinds of disruptors, whether in the auto industry, pharmaceuticals, service industries, or healthcare. We believe that there’s a better way that can yield radical results — not just the short-term, quarter-to-quarter kind. Such collaboration can take many shapes.

Innovation 13

Innovation Productivity Products Venture Capitalist 13

Harvard Business Review

MAY 12, 2011

Instead of a pharmaceutical industry, I see a new set of mental and physical discontents, like rates of suspiciously normally "abnormal" mental illnesses and drugs whose lists of "side effects" are longer than the Magna Carta. I see, instead of food and education "industries," an obesity epidemic and a debt-driven education crisis.

GDP 21

GDP Hamel Industry Construction 21

Harvard Business Review

OCTOBER 8, 2013

Today, payers and providers are using a range of strategies to accomplish this goal, including patient-centered medical homes , value-based contracting , and accountable care organizations (ACOs). In short, REBP can serve as a bridge to more comprehensive total-cost-of-care approaches. We applaud this trend. How Does REPB Work?

Health Care 8

Health Care Cost Analysis Competitive Advantage 8