HR Digest

SEPTEMBER 2, 2021

CEOs need a plan to back their team with vaccination policies. Blackrock: Back in June, the asset manager required all of its employees to report their vaccination status. Cardinal Health: The global pharmaceutical distributor and medical products supplier sent a memo to U.S. productions must also be vaccinated.

Company 98

Company Offshoring Airlines Banking 98

Lead Change Blog

JULY 6, 2015

We spent time discussing how a project or a goal would move our team forward AND would benefit our customers and members of our community. Each of us could articulate how our plans, decisions, and actions aligned with our team purpose and values, plus how they boosted service to our community members. For whom do they do it?

Pharmaceuticals 150

Pharmaceuticals Discount Cooper Tactics 150

LDRLB

AUGUST 24, 2011

It’s been over half a year since a potentially landmark event occurred in the pharmaceutical industry. I spent five years in the pharmaceutical industry, and had the chance to talk to many GSK representatives when the measures were announced. In the case of pharmaceutical sales, I’m not convinced this has been the case for a while.

Pharmaceuticals 90

Pharmaceuticals Incentives Short-term Public Relations 90

LDRLB

AUGUST 24, 2011

It’s been over half a year since a potentially landmark event occurred in the pharmaceutical industry. I spent five years in the pharmaceutical industry, and had the chance to talk to many GSK representatives when the measures were announced. In short, reps’ bonuses aren’t based on individual sales any longer.

Pharmaceuticals 84

Pharmaceuticals Incentives Short-term Public Relations 84

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. First, the Harvard Mentor Manager (HMM) helps colleagues develop the skills they need to thrive in the workforce. These groups provide a forum from which all colleagues can benefit.

Diversity 102

Diversity Commitment Learning-by-Doing Globalization 102

N2Growth Blog

FEBRUARY 4, 2015

Throwing out standard process and procedures in favor of a handful of powerful but easily remembered principles for managing strategy will soon begin to show improvements in your business results. Here are the five principles that guide Advantage Strategy: #1. Priority on People. How many times have you heard this one? That is the good news.

Process 150

Process Agility Competitive Advantage Strategy 150

Lead on Purpose

SEPTEMBER 8, 2009

And I can assure you that the advice I share with you today has stood the test of time… It helped me inspire my Weatherchem team to create the original Flapper® dispensing closure. And yes… Talk is cheap , but it is also invaluable in building trust between management and employees when economic times are hard.

Committee 140

Committee Automotive Ethics Productivity 140

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.

Tactics 66

Tactics Execution Pharmaceuticals Human Capital 66

Marshall Goldsmith

NOVEMBER 4, 2013

Internal partnerships include direct reports, co-workers and managers. Managers of knowledge workers – people who know more about what they are doing than their mangers must be good partners. Partnering with managers. Many leaders will be operating more like the managing director of a consulting firm.

Short-term 107

Short-term Long-term Trends Telecommunications 107

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. What if you really do need to get the other team on board?

Bureaucracy 203

Bureaucracy Compliance Learning-by-Doing Engineering 203

Center for Creative Leadership

AUGUST 26, 2019

Our series of industry trend research reports — created using our flagship 360-assessment tool, Benchmarks® for Managers — shows that great similarities exist among leaders across industries including healthcare, pharmaceutical, financial, tech, energy, and government (civilian). Participative management. Change management.

Benchmarking 57

Benchmarking Leadership Bottom-up Leadership Pipeline 57

Tanveer Naseer

MARCH 10, 2015

For example, they might say, “We’re a bank,” or “We make office furniture,” or “We’re in the pharmaceutical business.” Most senior executives respond to this question by describing what the company is or what it does. This is quite understandable. It’s the most simple and straightforward reply to the question. This is the essential point.

How To 100

How To Retail Core Competence Innovation 100

Harvard Business Review

NOVEMBER 8, 2018

Consider the following scenario: A manager wants to purchase some computer software for her business. She asks an analyst on her team to do an online search for information. The manager peruses that company’s website and requests more information by entering data about her needs through a webform.

Marketing 9

Marketing Team Software Pharmaceuticals 9

Harvard Business Review

DECEMBER 23, 2016

When partners in an alliance come into conflict, it can be just what is needed to produce a technically and commercially successful product. ” This idea that disagreement and conflict between groups can be productive is not new. We see similar findings in research looking at individual work teams.

Productivity 8

Productivity Products Survey Strategic Fit 8

Harvard Business Review

DECEMBER 27, 2016

A simple question was asked: are hospitals ranked more highly when they are led by medically trained doctors or non-MD professional managers? The analysis showed that hospital quality scores are approximately 25% higher in physician-run hospitals than in manager-run hospitals. When asked this question, Dr. .”

Management 13

Management 360-Degree Feedback Mayo Training 13

Harvard Business Review

SEPTEMBER 5, 2013

With scarcely any help from management, knowledge workers can increase their productivity by 20%. If that''s what your team can achieve without you, just imagine what they might do with your support. Knowledge workers own the means of production — their brains.

Productivity 8

Productivity Products Peer Review Short-term 8

Harvard Business Review

APRIL 13, 2012

It's depressing to realize how few of the teams in our lives use their human capital and opportunities well, when it comes to sustaining performance, innovating, or adapting. That's true whether we're talking about families, sports, projects, management, or research. Teams need a shared sense of purpose or shared vision.

Team 14

Team Sports Pharmaceuticals PR 14

Harvard Business Review

SEPTEMBER 21, 2015

Not long ago, I worked with a client who was stepping into management for the first time. Terry, a highly regarded marketing associate in a pharmaceutical firm, had just been asked to lead a marketing team. They just weren’t putting together a high-quality product. Managing Yourself Book. Further Reading.

Management 8

Management Pharmaceuticals Learning-by-Doing Marketing 8

Harvard Business Review

OCTOBER 7, 2014

It can certainly be valuable to have the help of strategy officers or teams on refining and implementing strategy, but the strategy itself needs to be conceived and owned by the CEO (or equivalent for a division). Brent’s team hypothesized that a line of customizable orthotics could help do the trick.

CEO 9

CEO Strategy Pharmaceuticals B2B 9

Harvard Business Review

JULY 28, 2015

Avoid generic terms such as results-driven , proven track record , excellent communication skills , team player. Lead global marketing and commercial operations teams with P&Ls up to $2B.” This immediately tells the hiring manager that you’ve solved the same types of problems she’s dealing with.

Pharmaceuticals 8

Pharmaceuticals Retail Long-term Industry 8

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., Change management Managing people Organizational culture'

Company 8

Company Pharmaceuticals Biotechnology Short-term 8

Harvard Business Review

SEPTEMBER 12, 2012

The study assembles considerable evidence about the hidden business model of major pharmaceutical companies: to devote most of their research budget to developing hundreds of drugs that provide few if any advantages over existing drugs and then market them heavily to doctors and patients.

Business Model 15

Business Model Company Pharmaceuticals Price 15

Harvard Business Review

OCTOBER 29, 2013

Six months later the corporate HR manager visited these mines to help with the transition and was surprised to learn that the planning hadn’t even begun. When he questioned the mine leadership team he was told, “We’ve heard this story before but we produce too much ore for the company to really shut us down.”.

Pharmaceuticals 10

Pharmaceuticals Discount Learning-by-Doing Team 10

Harvard Business Review

SEPTEMBER 4, 2017

Management theorists have increasingly put forward a more nuanced definition , however: resilience as the ability to adapt to complex change. You and Your Team Series. How to Evaluate, Manage, and Strengthen Your Resilience. When we think about “resilience,” we typically imagine bouncing back from major hardship.

Supply Chain 13

Supply Chain Self-aware Loyalty Stress 13

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. In some instances, the end results were firm closures and lost jobs. But the future trajectory of U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

The Practical Leader

APRIL 6, 2022

McGill University management professor and author, Henry Mintzberg said, “an organization without human commitment is like a person without a soul: Skeleton, flesh, and blood may be able to consume and to excrete, but there is no life force.” ” Pharmaceutical company: “ Preserving and improving human life.”

Mintzberg 111

Mintzberg Pharmaceuticals Energy McKinsey 111

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. Then assemble small, cross-silo teams and get them in-country to find ways to better deliver healthcare access in that emerging market. But it does happen.

Innovation 9

Innovation P&L Short-term Company 9

Harvard Business Review

NOVEMBER 29, 2018

A core challenge of management is to ensure that the organization’s priorities, strategies, and metrics are consistently embraced and that any impediments are identified and addressed quickly. Beginning at 8:45 AM, care teams and managers in our hospitals and clinics gather in more than 1,500 Tier I huddles.

Health Care 9

Health Care System Metrics Report 9

Harvard Business Review

JUNE 16, 2016

Pharmaceutical companies spend millions upon millions preparing meticulous plans for new drug launches – and yet their route-to-market strategies haven’t changed in decades, even though the reality of the market has. We must start to think differently about how business, management, and strategic intelligence works.

Planning 8

Planning Competitive Intelligence Pharmaceuticals Brand 8

Harvard Business Review

JULY 7, 2011

It's amazing how much one troubled employee can undermine a department's productivity. Otherwise positive and productive team members begin to dread coming to work, and the group's best thinking gets siphoned off the company's mission as everyone scrambles to stay out of the bully's crosshairs.

Rogers 14

Rogers Morale Long-term Pharmaceuticals 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. But for others, chasing this kind of financial dream alone is not enough. There also needs to be some deeper and more personal aspiration.

Power 15

Power Pharmaceuticals Travel Cost 15

Harvard Business Review

SEPTEMBER 13, 2011

Here are some common examples: When pharmaceutical companies announce that a new drug has been "approved," they are actually saying that their researchers made some breakthrough discoveries as far back as fifteen years ago. She also found that some sales teams were able to hit their numbers despite these factors.

Short-term 14

Short-term Pharmaceuticals Long-term Maturity 14

Harvard Business Review

AUGUST 14, 2018

Many leading American digital firms, including Google, Amazon, eBay, and Uber, have successfully expanded internationally by introducing their products, services, and platforms in other countries. poor management of relations with Chinese regulators and the government. Paper Boat Creative/Getty Images. market on China.

Competitive Advantage 9

Competitive Advantage Business Model Technology Marketing 9

Harvard Business Review

SEPTEMBER 21, 2018

In contrast, 70% of respondents think their boards have effective processes for staying current on the company; 69% for compliance; 66% for financial planning; and 55% for risk management — although we should note that managing risks is a crucial consideration when pursuing innovation.

Innovation 8

Innovation Short-term Telecommunications Long-term 8

Harvard Business Review

NOVEMBER 9, 2011

That's what we found when we studied the top management teams of companies in Europe over the past three years. In several industries, such as consumer goods, financial services, industrial products, and logistics, COOs usually had backgrounds in either managing operations or information technology departments.

COO 12

COO Sample Telecommunications Automotive 12

Harvard Business Review

JANUARY 25, 2012

Because I figured out how to embrace networking I found myself in the plum role of leading one of the highest visibility company teams as a new marketing manager at the age of 26, and representing the company at a United Nations conference in Geneva. This pre-introduction leads to a more relaxed and productive in-person connection.

Pharmaceuticals 17

Pharmaceuticals Conference Learning-by-Doing Strategic Planning 17

Harvard Business Review

MAY 31, 2018

The pharmaceutical company Valeant raised the price of Cuprimine — invented in 1956 and used to treat Wilson’s disease, a rare condition in which the body cannot process copper — from about $500 to about $24,000 for a 30-day supply, causing outrage from consumers.

CEO 8

CEO Short-term Long-term McKinsey 8