John Medina: An interview by Bob Morris

First Friday Book Synopsis

He has spent most of his professional life as a private research consultant, working primarily in the biotechnology and pharmaceutical industries on research related to mental health. John Medina is a developmental molecular biologist focused on the genes involved in human brain development and the genetics of psychiatric disorders.

Follow These 4 Tips to Increase Your Business Visibility

Strategy Driven

When people want to search for something, they open up a search engine or go on social media. It isn’t enough to have an online presence, it must also be search engine optimized. How widespread is your business’s brand awareness?

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3 Business Models That Could Bring Million-Dollar Cures to Everyone

Harvard Business Review

With dozens of other genetically engineered therapies moving through clinical trials, the long-promised era of personalized, gene-based medicine seemed to be at hand. Innovation Business models Entrepreneurship Healthcare Pharmaceuticals Technology Digital Article

How Japan Is Creating New Opportunities in the Field of Regenerative Medicine - SPONSOR CONTENT FROM THE GOVERNMENT OF JAPAN

Harvard Business Review

Regeneratives are pharmaceutical cell therapy products that replace or restore cells and tissues lost to disease or aging. Some regenerative medicines stimulate our bodies to regrow or repair, so the field can include the use of stem cells for tissue engineering. “To be able to do that, they need to entice companies to come to Japan, and they need to entice their own pharmaceutical companies to license in and obtain the best.”

An Exercise to Get Your Team Thinking Differently About the Future

Harvard Business Review

The question we asked: How might a shortage of science, technical, engineering, and math (STEM) talent affect the growth of life sciences companies? Here are a few of the provocative ideas the group advanced: Pharmaceutical and biotech firms will make smaller bets, and more of them.

Ethics Is Serious Business

Great Leadership By Dan

Building and maintaining physical infrastructure requires a certain kind of know-how, which we call engineering. Ethical dilemmas are at least as hard to resolve as engineering problems, and at least as urgent, particularly in our complex and fast-moving world. When does pharmaceutical pricing become price gouging? It is a relatively straightforward matter to hire staff with engineering competence.

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Veterans Among the Best Civilian Leaders

Strategy Driven

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.

PRINCIPLES OVER PROCESS

N2Growth Blog

One of our pharmaceutical clients was recently recognized for successfully executing his company’s strategy and told us: “If I had to do it over again, I would have had the human resources organization intimately involved much sooner to ensure that our organization and people were prepared to deliver. Engineered to Win. Your approach to strategy management should be specifically engineered for your organization. By Mark Hefner. Global Practice Chair, Strategy N2Growth.

Why CEOs have Liberal Arts Degrees

Mills Scofield

They are leading global airline, chemical, healthcare, pharmaceutical, and financial companies, among others. My uncle pushes engineering. Some of today's top CEOs were history, political science, sociology, chinese and music majors in college.

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Your Leadership Mission Should Fit on a T-Shirt!

Marshall Goldsmith

Not long ago, a pharmaceutical company called me up, and said, “We want you to coach Dr. X.” I can’t make a bad doctor a good doctor, a bad scientist a good scientist, or a bad engineer a good engineer. My mission is simple.

How To Discover Your Organization’s Next Big Growth Opportunities

Tanveer Naseer

For example, they might say, “We’re a bank,” or “We make office furniture,” or “We’re in the pharmaceutical business.” For example, if you asked Larry Page, CEO of Google, to define his company, do you think his answer would be, “We’re a search engine”?

Problems with leadership development processes…

EnLeadership

I was working with a major pharmaceutical company that had an internal two-week management development process. The “engineer&# in me has just realized that it is what works!

Why CEOs have Liberal Arts Degrees

Mills Scofield

They are leading global airline, chemical, healthcare, pharmaceutical, and financial companies, among others. My uncle pushes engineering. Some of today's top CEOs were history, political science, sociology, chinese and music majors in college.

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When Leadership Coaching Works (And When It Doesn't)

Marshall Goldsmith

One pharmaceutical company called and asked me to coach "Dr. It won't turn bad doctors into good doctors or bad engineers into good engineers. Q: When does leadership coaching work? When is it a waste of time? A: In my work as an executive coach, I only get paid if my clients achieve a positive, lasting change in behavior - not as judged by themselves, but as determined by their key stakeholders.

Why The Health Care Reform Debate Makes Me Sick

The Recovering Engineer

He has degrees in Chemical Engineering and he served as a Nuclear Engineering officer in the U.S. He is an engineer by nature, by training, and experience. Featured Video The Recovering Engineer YouTube Channel From Bud to Boss Connect With Me Subscription Options Email updates.

Why The Health Care Reform Debate Makes Me Sick

The Recovering Engineer

He has degrees in Chemical Engineering and he served as a Nuclear Engineering officer in the U.S. He is an engineer by nature, by training, and experience. Featured Video The Recovering Engineer YouTube Channel From Bud to Boss Connect With Me Subscription Options Email updates.

A Simple Workaround to Overcome the Bureaucratic Mindset

Tanveer Naseer

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. Can We Engineer Them Right Out of Business? The following is a guest post by Russell Bishop.

What Does It Mean to Sell? Ask the U.S. Supreme Court

Harvard Business Review

Supreme Court is expected to rule on whether the work done by pharmaceutical salespeople really counts as "selling." pharmaceutical industry could face billions in retroactive overtime. By any reasonable definition, pharmaceutical salespeople are absolutely salespeople. coordinates a global sales team of more than a dozen of the company's employees, including product specialists, engineers, and finance people. Pharmaceutical companies measure territory sales results.

Using Analytics to Align Sales and Marketing Teams

Harvard Business Review

In another example, a pharmaceutical company used a computerized suggestion engine to help account managers orchestrate the sharing of prescription drug information with physicians. gremlin/Getty Images.

Just How Important Is Manufacturing?

Harvard Business Review

They include ones that produce a million notebook computers a week, a significant proportion of the world's ibuprofen and acetaminophen, sophisticated biopharmaceuticals, microchip engine controllers for 40% of the world's cars, key components for iPhones, commercial jet engines, scientific instruments, heavy construction equipment, tools for making semiconductors, and solar panels.

Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D. We found that, for pharmaceutical industry CEOs, there is a statistically significant relationship between a CEO’s specialist background and the firm’s performance. Pharmaceuticals.

How a Pharma Company Applied Machine Learning to Patient Data

Harvard Business Review

Let’s look at the case of a pharmaceutical company we worked with. All the data were stitched together and fed into an automated-feature-discovery (AFD) machine learning engine that allowed the company to test millions of hypotheses within hours. Liyao Xie/Getty Images.

What’s Different About All These Mergers

Harvard Business Review

Take pharmaceuticals. For example, as blockbuster drug patents expire, the pharmaceutical companies are looking for more nuanced ways to build competitive advantage by focusing on specialties or building scale in over-the-counter medicines. Good thing that they are already adept at genetic engineering—this looks like a careful re-engineering of the DNA of each company. Corporate marriage brokers are again fully employed.

The Internet of Things Will Change Your Company, Not Just Your Products

Harvard Business Review

In addressing the billion-dollar adherence problem, Vitality (since acquired by NANTHEALTH ) considered the interests of the players in the diverse ecosystem, including pharmaceutical companies, retail pharmacies, and health care providers. telemetry, communications and connectivity protocols, electrical hardware engineering). Engineering. It is rare for a single company to have all the required engineering capabilities under one roof.

The Industries Plagued by the Most Uncertainty

Harvard Business Review

Finally, industries in the upper-right quadrant — such as software, pharmaceuticals, and medical equipment — face high uncertainty in both demand and technology.

The Pfizer-Allergan Deal Shouldn’t Be Just About Tax Inversion

Harvard Business Review

To make a combination successful, you need to engineer the economies of scale carefully to target the potential source of joint value. This kind of joint value is more common in computers and industrial products than in pharmaceuticals. HBR STAFF.

8 Ways Brands Can Fight Counterfeits in China

Harvard Business Review

In order to improve product safety, China’s pharmaceutical, alcohol, and food industries already use QR codes and RFID tags to track products as they move from factory to consumer. It takes counterfeiters a month to reverse engineer a genuine product and bring it to market. VCG/Getty Images. Counterfeit luxury goods are big business in China. Together, China and Hong Kong are estimated to be the source of 86% of the world’s counterfeit goods—an amount that the U.S.

The 3 Things CEOs Worry About the Most

Harvard Business Review

Tim Solso, of the engine manufacturer Cummins, spoke for many when he said, “I think an issue we had was that we were a good multinational company that was headquartered in the United States. As a pharmaceutical company, we obviously were part of that whole ecosystem.

75% of Cross-Functional Teams Are Dysfunctional

Harvard Business Review

I studied cross-functional teams in industries including communications, software, pharmaceuticals, semiconductors, agricultural, chemical, manufacturers, retail, utility, consulting, internet software, government, insurance, and banking.

The Olympics' Greatest Feat: An Unpaid, Highly Engaged Workforce

Harvard Business Review

Of course, we sometimes see such passion in the business world, in the wild enthusiasms of R&D professionals in innovative engineering and pharmaceutical companies. They are all over the Games. They greet you at the airport. They direct you from the trains. They guide you through the Olympic Park. Danny Boyle acknowledged them as the key to the success of the opening ceremony.

A Partial Defense of Our Obsession with Short-Term Earnings

Harvard Business Review

If you’re Amazon, Disney, some of the pharmaceuticals…the markets support their huge long-term investments because they can see where the investments will lead. It’s fashionable to put your engineers onto solving customer problems.

In a New Culture, Wait to Cut to the Chase

Harvard Business Review

A Zurich-born manager with 10 years’ experience working in Germany and Switzerland, Xavier had just landed a few days ago in Monterrey, Mexico, at a small pharmaceutical company that was recently purchased by Xavier’s company, a major European pharmaceutical firm. Xavier had been such an effective engineer in Europe, but there clearly was something different here. Xavier Frei wanted to get down to business.

7 Traits of Companies on the Fast Track to International Growth

Harvard Business Review

Even companies in industries that pre-dated the web, such as manufacturing and pharmaceuticals, tend to have faster rates of global growth if they invest heavily in online and software-based models for strategic areas of the business.

The Rise of the COO

Harvard Business Review

COOs are relatively common in service industries such as financial services, energy, information technology and telecommunications, but in manufacturing sectors — such as automotive, chemical, and pharmaceutical companies — they are relatively rare. Almost half of the COOs we studied had business degrees and around a third had engineering degrees. Does your company have a COO today? What role does he or she play in the organization?

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This Pharma Company Stays Innovative by Doing Two Things

Harvard Business Review

When one of us (Vivek) and his team launched Roivant Sciences in 2014 and began developing treatments for Alzheimer’s disease — they were determined to learn from the pharma industry’s innovation issues and build a more sustainable innovation engine. In a recent Gallup poll , the pharmaceutical industry was the most widely disliked private industry, ranking even lower than lawyers. For industries that depend on innovation, sustaining it is a constant challenge.

Using Supply Chains to Grow Your Business

Harvard Business Review

Compliance is crucial for pharmaceutical makers such as Abbott and Amgen – a “ Form 483 ” warning from an FDA inspector can shut down a drug facility in an instant and even land top executives in jail.

3 Mistakes in U.S. Health Care That Emerging Economies Can’t Afford to Repeat

Harvard Business Review

The rising flood of hardware, pharmaceuticals, and technical expertise from American manufacturers and hospital companies, which is connected to the needs of a growing number of hospitals, is also pushing many systems closer to the U.S. Over the same period, pharmaceutical exports have doubled. Victor Albrow/Getty Images.

Bologna Shows How a Business Cluster Can Stay Vibrant for Centuries

Harvard Business Review

Firms in the cluster design, manufacture, and assemble packaging machinery for a wide range of products, such as baked goods, confectionery, beverages, tea, tobacco, pharmaceuticals, and chemicals. Their first major customer was Gazzoni, a local pharmaceutical company that made a powder called Idrolitina, which added sparkle to drinking water. Matteo Fagiolino/Getty Images.

How a U.S. Health Care System Uses 15-Minute Huddles to Keep 23 Hospitals Aligned

Harvard Business Review

Team members have varied experience from industrial engineers to nurses and physicians, and a physician has responsibility for the team. CAPTION TEXT HERE/Getty Images.

Is Your Company as Ethical as It Seems?

Harvard Business Review

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. The punishing, pressure-cooker work environment meant that Volkswagen engineers were apparently loath to say no or admit failure to superiors. Picture this. You are the newly promoted vice president of business development at an oil company.

Priorities for Jumpstarting the U.S. Industrial Economy

Harvard Business Review

Science and engineering professionals work closely with experienced technicians to produce next-generation batteries, not forged metal. PG&E has co-designed curricula, offered direct instruction, and donated equipment for hands-on training of welders, technicians, and engineers.

New Research: Where the Talent Wars Are Hottest

Harvard Business Review

pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., aerospace & defense, construction & engineering, industrial conglomerates, professional services, textiles); IT & Telecommunications (e.g.,

Excess Management Is Costing the U.S. $3 Trillion Per Year

Harvard Business Review

Gore (a $3 billion high-tech company famous for its Gore-Tex fabrics), Svenska Handelsbanken (a Stockholm-based bank with more than 800 branches across Northern Europe and the UK), Sun Hydraulics (a class-leading manufacturer of hydraulic components), Valve (a pioneering developer of online games), and General Electric’s jet engine plant in Durham, North Carolina. Juan Díaz-Faes for HBR. More people are working in big, bureaucratic organizations than ever before.