Michael Lee Stallard

SEPTEMBER 16, 2015

Pfizer, the multinational pharmaceutical giant, has become increasingly intentional about shaping its culture. Developing this ownership culture will be key to our success. They embody our humanity and innovative spirit, and are determined to tackle some of the most pressing health care challenges of our time.

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Ethics Pharmaceuticals Globalization Commitment 150

Tanveer Naseer

MARCH 10, 2015

The following is a guest piece by Innovation Excellence co-founder Rowan Gibson. What most companies understand now is that the only way to drive profitable growth and wealth creation over the longer term is to innovate. But that’s not the way radical innovators envisage their organizations. This is quite understandable.

How To 100

How To Retail Core Competence Innovation 100

Mills Scofield

NOVEMBER 19, 2013

My twelve hours at the conference was an unbelievably stimulating torrent of inspiration, passion, and elegance that began with the gorgeous piece by a 13 th generation Noh performer and continued with a series of Japanese and foreign speakers giving talks on their incredibly innovative work and honest personal stories.

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Conference Pharmaceuticals Education Brainstorming 126

The Horizons Tracker

FEBRUARY 22, 2022

These virtual environments are designed to be exact digital replicas of physical assets and allow organizations to rapidly test changes in the virtual world without having to undergo costly and resource-intensive changes in the physical realm. It’s a market that is already worth $3.1

Stephenson 109

Stephenson Wireless Christensen Automotive 109

Marshall Goldsmith

FEBRUARY 8, 2018

Co-founder of Rose Park Advisors—Disruptive Innovation Fund. A leading thinker on strategy and breakthrough innovation. World leading researcher on the impact of leadership in organizations. 14th Administrator, United States Agency for International Development. Regular contributor to Harvard Business Review.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Strategy Driven

NOVEMBER 29, 2016

Always at the forefront of innovation, technologies pioneered by the military are often adopted by the commercial sector; companies looking for cyber knowledge or network engineering skills can find this expertise among veterans. Attracting former service members is only half the battle.

Agility 50

Agility Pharmaceuticals Self-aware Crisis Management 50

Harvard Business Review

FEBRUARY 16, 2017

The same is true for social innovators. However, unlike many business leaders, it is easy for social innovators to overlook making an intentional effort to drive demand because the need for their innovation is so great. But even the most needed innovation does not sell itself. Consider that 86 million U.S.

Innovation 8

Innovation Rogers NGO Participative 8

Harvard Business Review

FEBRUARY 29, 2016

Organizations sometimes make catastrophic mistakes. Consider NASA, an organization employing some of the nation’s brightest minds. Some people within the organization had concerns with a component (the O-rings) being affected by low temperatures. Why do organizations forget what they learn, even when stakes are so high?

Organization 8

Organization McCombs Pharmaceuticals Learning-by-Doing 8

Harvard Business Review

SEPTEMBER 21, 2018

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

Innovation 9

Innovation Short-term Telecommunications Long-term 9

Harvard Business Review

SEPTEMBER 23, 2014

I often hear this question when I visit companies and speak about how to make an innovative idea less terrifying to high level executives. There are plenty of pundits arguing that big companies need to innovate, and pointing out that it is difficult to do so. The skepticism is warranted. But it does happen.

Innovation 10

Innovation P&L Short-term Company 10

Harvard Business Review

JUNE 7, 2012

The authors conclude that’s between 550 and 600 million people in developing G20 economies. Pharmaceutical patent expirations are increasing the use of cheaper generic drugs. What Impact Will Facebook Have on Organ Donations? So Shimelse Ali and Uri Dadush suggest a new middle-class definition: those who can afford to buy a car.

Disruptive Innovation 22

Disruptive Innovation Innovation Pharmaceuticals Class 22

Strategy Driven

JULY 13, 2011

Medium-term value drivers look forward to indicate whether a company can maintain and improve its revenue growth and ROIC over the next one to five years (or longer for companies, such as pharmaceutical manufacturers, that have long product cycles). As with the other measures, what is important varies by industry. Copyright (c) 2011.

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ROIC Balanced Scorecard Metrics McKinsey 62

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. It's a classic change management problem.

Health Care 15

Health Care Innovation Pharmaceuticals Consensus 15

Harvard Business Review

SEPTEMBER 14, 2011

We recently visited the brand-new R&D lab of Dr Reddy's , one of India's leading pharmaceutical firms. Chirotech specializes in biocatalysis and chemocatalysis, two important subspecialties of biotechnology and chemistry that help develop key biological and chemical intermediates needed for the efficient production of medicines.

Globalization 9

Globalization Innovation Decentralization Chemicals 9

Harvard Business Review

FEBRUARY 11, 2016

But most organizations aren’t set up for getting the most out of non-traditional employment relationships. In this excerpt from their book, Agile Talent , Younger and Smallwood explain how to align your organization with the needs and expectations of a workforce that is increasingly external, project-based, and flexible.

Agility 8

Agility Organization Resources Fixed Costs 8

Harvard Business Review

JUNE 7, 2012

The authors conclude that’s between 550 and 600 million people in developing G20 economies. Pharmaceutical patent expirations are increasing the use of cheaper generic drugs. What Impact Will Facebook Have on Organ Donations? So Shimelse Ali and Uri Dadush suggest a new middle-class definition: those who can afford to buy a car.

Disruptive Innovation 12

Disruptive Innovation Innovation Pharmaceuticals Class 12

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. In a Deloitte study of 7,000 organizations this year, 89% of executives rated “ strengthening the leadership pipeline ” an urgent issue. Insight Center.

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Leadership Pipeline Leadership After Action Review Pharmaceuticals 11

Harvard Business Review

OCTOBER 26, 2017

“He that will not apply new remedies must expect new evils; for time is the greatest innovator,” stated Francis Bacon. As with many clusters, a university sits at its center: founded in AD 1088, the Studium of Bologna was the major educational innovation of Europe’s second millennium. How did the city make the leap?

Education 8

Education Pharmaceuticals Innovation Industry 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. The translation involves people and processes.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 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

JUNE 20, 2017

For organizations seeking to become more adaptive and innovative, culture change is often the most challenging part of the transformation. Innovation demands new behaviors from leaders and employees that are often antithetical to corporate cultures, which are historically focused on operational excellence and efficiency.

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Company Agility Innovation Learning-by-Doing 15

Harvard Business Review

MAY 29, 2013

We share a common belief that innovation comes from the edges," said Luisa Delgado , an SAP HR director, who noted the company valued the ability of many autistic people to "think differently and spark innovation." Helping determine their professional development and best interests becomes a welter of conflicting interests.

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Competitive Advantage Ethics Human Resources Pharmaceuticals 8

Harvard Business Review

JUNE 6, 2011

4th Place: cycleWoodPlastics from University of Arkansas developed a biodegradable plastic bag to replace grocery bags, which are increasingly being banned around the world. TNG Pharmaceuticals from University of Louisville developed a vaccine for a parasite that strikes cattle, costing the dairy and beef industry over $1 billion a year.

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Pharmaceuticals Entrepreneur Industry Energy 14

Harvard Business Review

JUNE 27, 2012

Paul is an old friend who, until his recent retirement, worked as a senior scientist at a pharmaceutical company, where he managed a group of innovative researchers. Because of the start-up's success in developing drugs, it was acquired by a large multinational company. We think that Paul's analogy is beautifully apt.

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COO Short-term Pharmaceuticals Innovation 11

Harvard Business Review

DECEMBER 14, 2017

Some of the nation’s most innovative, high-performing non-profit health care organizations use this formula. To become a Geisinger or an Intermountain equivalent, Aetna-CVS would have to acquire — or develop — seamless relationships with legions of primary care and specialty physicians and hospitals.

Health Care 8

Health Care System Insurance Pharmaceuticals 8

Harvard Business Review

JUNE 16, 2011

So it is with most breakthrough innovations and banner financial years. There is no line on the balance sheet for "ability to innovate" or "skill at managing brand." And even if there were, it would have to be expressed as a probability statement: How likely is Apple to innovate or out-innovate its peers?

Intangible Assets 15

Intangible Assets Analysis Pharmaceuticals Innovation 15

Harvard Business Review

MAY 22, 2018

To provide a great experience for attendees, you generally want to focus on the topic the organizers have requested – the “greatest hits” that you’re known for. This can easily be accomplished via email or a quick phone conversation with the organizer.

Audience 9

Audience How To Pharmaceuticals Conference 9

Harvard Business Review

MAY 8, 2013

Over the past 20 years, no group has endured greater pain and humiliation within organizations than mid-level managers (MLMs — managers from two levels below the CEO down to the line managers). Nearly 68% of these large-scale change and innovative efforts failed.

Middle Management 8

Middle Management Management Automotive Pharmaceuticals 8

Harvard Business Review

SEPTEMBER 5, 2016

The concept is fairly straightforward: The parties define the result up front, agree on a baseline, work out how confident the organization is in delivering the result, and then specify the expectation and payment in the contract. Samuel Castro. Paying for results is in vogue. Consider these examples: Education. ” Health care.

Incentives 8

Incentives Health Care Education Insurance 8

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 15

Health Care Biotechnology Mayo Pharmaceuticals 15

Harvard Business Review

OCTOBER 7, 2014

Otherwise, strategy often becomes a diffuse product of group thinking and compromises among multiple stakeholders in the organization. Yet it is dangerous to depend on this information flowing up through multiple layers in the organization. Brent developed a decisive strategic insight from riding with sales reps on calls to customers.

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CEO Strategy Pharmaceuticals B2B 9

Harvard Business Review

OCTOBER 22, 2013

Innovation starts with new and novel ideas. When we surveyed over 300 global executives between 2008 and 2009, one of the primary concerns they expressed was their inability to compete long term without a solid innovation engine that can grow their top line. Develop Creative Discontent. Find Pivots.

Skills 8

Skills Power Six Sigma Disruptive Innovation 8

Harvard Business Review

MAY 26, 2014

Four dynamics are driving this new era of health care innovation: Finally, there is a financial incentive to innovate. Accountable Care Organization (ACO) models in both the private and the public sectors are rewarding providers for lowering the overall costs of care and keeping patients healthy.

Health Care 8

Health Care Venture Funding Entrepreneur Pharmaceuticals 8

Harvard Business Review

MARCH 6, 2012

Technological innovation accounted for almost half of U.S. economic growth over the past 50 years, but the country's standing as the world's indisputable innovation leader is now at risk. At Merck, as part of our commitment to scientific innovation, we are working to foster the next generation of scientific leaders.

Education 11

Education Creativity How To Pharmaceuticals 11

Harvard Business Review

DECEMBER 27, 2016

But we would argue that credibility may also be signaled to important external stakeholders — future employees, patients, the pharmaceutical industry, donors, and so on. The course culminates in a team-based innovation project presented to hospital leadership. …and how training can make them even better ones.

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Management 360-Degree Feedback Mayo Training 14

Harvard Business Review

SEPTEMBER 13, 2012

Managers and business analysts will often be called upon to conduct data-driven experiments, to interpret data, and to create innovative data-based products and services. In a new Avanade survey , more than 60 percent of respondents said their employees need to develop new skills to translate big data into insights and business value.

Skills 16

Skills Pharmaceuticals Sample Business Intelligence 16

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.

Globalization 8

Globalization Supply Chain Pharmaceuticals McKinsey 8