HR Digest

SEPTEMBER 2, 2021

Ascension Health: The non-profit health systems company is requiring all of its associated to get the Covid-19 jab, regardless of whether they work on-site or remotely, by Nov. Cardinal Health: The global pharmaceutical distributor and medical products supplier sent a memo to U.S. Pfizer: The pharmaceutical giant’s U.S.

Company 98

Company Offshoring Airlines Banking 98

Marshall Goldsmith

FEBRUARY 24, 2014

The pharmaceutical company is famous for its Credo, which was written many years ago and reflected the sincere values of the leaders of the company at that time. When I conducted leadership training for J&J, one of its very top executives spent many hours with every class. Leadership'

Ethics 137

Ethics Pharmaceuticals PR Execution 137

Harvard Business Review

DECEMBER 14, 2017

health care system is begging for disruption. Combining an insurance function with a delivery system has ample precedent in health care. The reason this formula works is that when care-delivery systems also act as insurers, they assume financial responsibility for the care they provide. Paul Taylor/Getty Images.

Health Care 8

Health Care System Insurance Pharmaceuticals 8

Marshall Goldsmith

FEBRUARY 8, 2018

Jim Kim (President of the World Bank), Peter Drucker (founder of modern management), Paul Hersey (noted author, teacher, and personal mentor of mine), and Warren Bennis (one of the world’s greatest leadership thinkers of his time). Has been recognized as the World’s #1 Leadership Thinker. Co-founder Partners in Health.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Harvard Business Review

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. Cost reduction requires an honest and thorough reassessment of everything the health system does and ultimately, a change in the organization’s operating culture. PM Images/Getty Images. ” Clearly, more is needed.

Cost 8

Cost System Management Franchising 8

The Recovering Engineer

FEBRUARY 27, 2010

I am not a doctor, pharmacist, attorney, drug company executive or any other person who has deep insights into the intricacies of our health care system. Virtually all of the discussion that I have seen mentions or implies that the system itself is broken. Almost no substantive discussion about how to fix the system.

Health Care 102

Health Care Engineering System Politics 102

The Recovering Engineer

FEBRUARY 27, 2010

I am not a doctor, pharmacist, attorney, drug company executive or any other person who has deep insights into the intricacies of our health care system. Virtually all of the discussion that I have seen mentions or implies that the system itself is broken. Almost no substantive discussion about how to fix the system.

Health Care 102

Health Care Engineering System Politics 102

Harvard Business Review

NOVEMBER 29, 2018

It enables knowledge from activities throughout the organization in the previous 24 hours to escalate up to executive leadership — Tier VI in our model — and be addressed. Interestingly, despite the number of huddles, the number of action items has never overwhelmed the system.

Health Care 9

Health Care System Metrics Report 9

Marshall Goldsmith

NOVEMBER 4, 2013

The changing role of leadership will mean that the relationship between managers and direct reports will have to change in both directions. They would prefer to work with fewer vendors who can deliver not only products, but systems for delivery that are customized to meet their needs. The challenge of leadership is growing.

Short-term 107

Short-term Long-term Trends Telecommunications 107

Coaching Tip

AUGUST 31, 2011

We need to create a climate in which our multi-faceted, robust and resilient American business establishment can thrive through the virtues of the free-market system, starting with deregulation. How can we encourage American business to ride to our nation’s rescue by putting out the “Help Wanted” sign?

Pharmaceuticals 90

Pharmaceuticals Uncertainty Power Long-term 90

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. Revise regulations.

Pharmaceuticals 8

Pharmaceuticals Health Care Industry Committee 8

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 Fitting Employee Personality Into Your Leadership Puzzle?

Bureaucracy 203

Bureaucracy Compliance Learning-by-Doing Engineering 203

Coaching Tip

MARCH 15, 2011

Nothing has ever been able to keep it down for long, and nothing ever will, if we are patient and allow our economy the time to heal itself through the virtues of the free-market system. . Deregulation. It’s no secret that businesses across the country are drowning in a Sargasso Sea of onerous state and federal regulations.

Pharmaceuticals 84

Pharmaceuticals Creativity Long-term Power 84

Strategy Driven

MARCH 18, 2011

Further, they need to limit their focus to, at most, six capabilities, and make those capabilities work together as a mutually reinforcing system that perpetuates competitive advantage. That belief stems from having chosen a differentiated way to play that is supported by a strong system of mutually reinforcing capabilities.

Resources 54

Resources Industry System Strategy 54

Harvard Business Review

FEBRUARY 22, 2011

Editor's note: This post is the first in a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. Lack of consensus among players in a complex system is one of the biggest barriers to innovation. In the U.S., Rosabeth Moss Kanter is the Ernest L.

Health Care 15

Health Care Innovation Pharmaceuticals Consensus 15

Chartered Management Institute

FEBRUARY 26, 2024

Since founding the Human Diver in 2016, Gareth has given risk training to a wide variety of organisations, from oil and gas and construction to pharmaceuticals and software. So we need to look at the context and not just focus on the immediate reasons why the adverse event occurred.”

Uncertainty 52

Uncertainty Risk Management Training Compliance 52

Harvard Business Review

MARCH 1, 2011

Editor's note: This post is part of a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. And that's true in many areas: New devices, pharmaceuticals, and surgical techniques regularly get developed and incorporated into practice.

Health Care 14

Health Care Biotechnology Mayo Pharmaceuticals 14

Harvard Business Review

SEPTEMBER 30, 2016

As important as these leadership skills are, just as important to the leadership transition is learning to let go of old ways of thinking, and relaxing into the role. A successful leadership transition depends on substantial cognitive restructuring. This positive mindset is an essential starting point. Insight Center.

Belief Systems 8

Belief Systems Executive Coaching Stress Restructuring 8

Harvard Business Review

DECEMBER 18, 2014

It used to be that hospitals and health systems operated as islands, selecting and purchasing medical supplies, devices and medications in isolation, and keeping their operational and leadership practices to themselves. Those numbers yield a very different type of supplier/customer conversation.

Health Care 8

Health Care Retail Mayo Pharmaceuticals 8

Harvard Business Review

OCTOBER 7, 2014

We found a deeply stressed business that was running essentially as disconnected units: contact lenses and solutions, eye pharmaceuticals, and eye surgery systems. One day he observed a pharmaceuticals sales rep stop the car and run into a Costco for a few minutes. That’s pivotal.

CEO 9

CEO Strategy Pharmaceuticals B2B 9

Harvard Business Review

MAY 10, 2011

A second type of consultants are technical experts , who are brought in to develop or install a system, conduct training on a particular subject, or solve a well-defined problem. In one particular financial services company, for example, IT experts were brought in to update a client management system.

Consultative 14

Consultative Pharmaceuticals Project System 14

Harvard Business Review

APRIL 10, 2012

Not long ago I listened to a senior executive in a pharmaceutical company talk to a team of managers about the limited availability of a particular medicine. However, what they didn't fully appreciate was the human cost.

Power 14

Power Pharmaceuticals Travel Cost 14

Harvard Business Review

MARCH 16, 2015

Ken Frazier of the pharmaceutical firm Merck, put it this way: “The biggest challenges that we faced in our organization was that healthcare in general was undergoing huge, huge pivotal change. As a pharmaceutical company, we obviously were part of that whole ecosystem. Leadership Competition'

CEO 8

CEO Stephenson Pharmaceuticals Globalization 8

Harvard Business Review

SEPTEMBER 29, 2011

This blog post is part of the HBR Online Forum The CEO's Role in Fixing the System. 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.

Long-term 11

Long-term CEO Short-term Asset Management 11

Harvard Business Review

MARCH 24, 2017

For example, compensation tied solely to landing a contract invites abuse of the system. Despite having solid internal anti-corruption rules in place, the pharmaceutical giant wound up facing criminal investigations for bribing doctors and foreign officials , eventually paying a $489 million fine. Consider the case of GSK.

Ethics 8

Ethics Company Incentives Policies 8

Harvard Business Review

MAY 8, 2013

I recently conducted a study of 56 randomly selected companies involved in major change and innovation efforts in the high-tech, retail, pharmaceutical, banking, automotive, insurance, energy, non-profit, and health care industries. Leadership development Leadership transitions Managing people'

Middle Management 8

Middle Management Management Automotive Pharmaceuticals 8

Harvard Business Review

OCTOBER 23, 2017

We are working with a large travel and tourism firm to introduce a system for real-time employee feedback. In a project for a pharmaceutical company, we were able to isolate the specific information sources that drove positive and negative sentiment toward the client’s brand. Build a Dashboard.

Company 8

Company Management Metrics Tools 8

Harvard Business Review

MAY 24, 2012

Pharmaceutical manufacturers, insurers, and retailers invest millions in risk avoidance. It takes leadership to establish decision management and closed-loop measurement practices. But through decisive leadership and consistent measurement, plenty of companies have shown it can be done.

Merchandising 10

Merchandising Risk Management Supply Chain Retail 10

Harvard Business Review

APRIL 13, 2012

They need a system view of the levels within which the team functions, to avoid a preoccupation with one leader versus the multiple layers of leaders who affect their future. Balancing these tensions requires resonant leadership. Resonant leadership and social identity groups do this. Now to the world of business.

Team 13

Team Sports Pharmaceuticals PR 13

Harvard Business Review

JUNE 3, 2013

Where was its leadership bench? Why are so many companies struggling with a crisis of their leadership bench? The industry breakout was done using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g., Is P&G no longer an academy company?

Succession 8

Succession Telecommunications Biotechnology Real Estate 8

Harvard Business Review

MARCH 2, 2012

America's higher education system is a magnet for talented leaders from all over the world. Here at Harvard Business School, Dean Nitin Nohria has revamped HBS's MBA curriculum to emphasize practical leadership and global experiences. American companies send their most promising leaders abroad for global leadership assignments.

Competitive Advantage 12

Competitive Advantage Globalization Development Intellectual Capital 12

Harvard Business Review

OCTOBER 29, 2012

The nay-sayers, on the other hand, can cite the passionately defended view of the pharmaceutical industry that the cost of discovering innovative disease-curing molecules has been rising crazily — the basis for perennial campaigns for stronger intellectual property rights to safeguard pharma investments.

Cost 8

Cost Innovation Wireless Disruptive Innovation 8

Harvard Business Review

FEBRUARY 2, 2015

industries: 35 advanced manufacturing industries such as automotive and aerospace manufacturing, pharmaceuticals and semiconductors; three energy industries including electric power generation; and 12 service industries, from software design to telecommunications. Equally important are bold reforms in workforce education and training systems.

Industry 8

Industry McKinsey Engineering Innovation 8

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.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

MAY 15, 2013

This is a problem, because without a reasonable definition (or definitions) of culture, we cannot hope to understand its connections to other key elements of the organization, such as structure and incentive systems. Culture is a social control system. Leadership Organizational culture' finance vs. marketing) and units (e.g.

Incentives 8

Incentives Definition Pharmaceuticals System 8

Harvard Business Review

NOVEMBER 10, 2017

Spending on corporate learning, particularly leadership development, continues to increase at a staggering pace. According to one piece of research , spending on frontline leadership development alone increased by over 310% in a three-year period. Pat Canova/Getty Images. Insight center. The Gap Between Strategy and Execution.

Skills 9

Skills Agility Learning-by-Doing Content 9

Harvard Business Review

JULY 7, 2011

These power styles emerge from the emotional and behavioral responses people internalize from dealing with authority figures in the family system. Scarcity issues within the family system are at the heart of the Pleaser power style. Roger, a vice president of sales and marketing in the pharmaceutical industry, was one such Pleaser.

Rogers 14

Rogers Morale Long-term Pharmaceuticals 14