Marshall Goldsmith

FEBRUARY 8, 2018

a holding company that operates seven distinct business. Operations Group Baring Private Equity. Former HR director with Pepsi Central Eastern Europe, and gained HR expertise at PLIVA Pharmaceutical Company (now part of Teva Group). Former Operating Partner at Blackstone, Chief Human Resources Officer for Unilever.

Executive Coaching 70

Executive Coaching CEO Magazine Banking 70

Strategy Driven

JULY 13, 2011

They don’t tell you how well the business is positioned for future growth and ROIC improvement. It took many years for the company to regain its lost position. Operating-cost productivity metrics might include the component costs for building an automobile or delivering a package, the rates of rework, and so forth.

ROIC 62

ROIC Balanced Scorecard Metrics McKinsey 62

Harvard Business Review

JUNE 13, 2016

Since 1999, three years after OxyContin was unveiled by Purdue Pharmaceuticals, the rate of drug overdoses in the U.S. Meanwhile, the amount of prescription opioids sold by pharmaceutical companies has quadrupled, despite no proliferation in the amount of reported pain. Commercial.

Incentives 8

Incentives Pharmaceuticals Crisis P&L 8

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 10

Cost System Management Franchising 10

Harvard Business Review

APRIL 7, 2015

Maximizing the effectiveness of physicians and nurses in these new positions, however, will require different skills than the ones they developed during their clinical training. Many clinicians manage a small operation in the form of their own clinical practice or ward before shifting to leading larger operations.

Execution 8

Execution Skills Health Care Porter 8

Harvard Business Review

AUGUST 8, 2018

Does business school education really shape students’ minds and behaviors many years later, when they’ve reached decision-making positions at major corporations and financial institutions? But how well schools meet this goal, and to what extent their teaching influences their students’ leadership, is an open question.

Influence 13

Influence Education Pharmaceuticals Finance 13

Harvard Business Review

JULY 28, 2015

Highlight your areas of expertise most relevant to that position. Lead global marketing and commercial operations teams with P&Ls up to $2B.” The marketing executive began her summary with “pharmaceutical”—the one industry she’s worked in throughout her career.

Pharmaceuticals 8

Pharmaceuticals Retail Long-term Industry 8

Harvard Business Review

OCTOBER 23, 2014

The positions are there for the taking. That’s why pharmaceutical, biotechnology, and medical device companies need to define their relevance in this new health care ecosystem, and soon. They are collaborating with (sometimes highly unlikely) partners. They’re also sharing risk. But not for long. The options are tangible.

Health Care 8

Health Care Pharmaceuticals Information Technology Supply Chain 8

Chartered Management Institute

FEBRUARY 26, 2024

This premise equally applies to the environment businesses operate in today. Human error is a very real consequence of people operating in the real world. 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.

Uncertainty 52

Uncertainty Risk Management Training Compliance 52

Harvard Business Review

AUGUST 24, 2017

Lawyers are at the helms of banks, biotech companies, high-tech firms, internet startups, and retail outfits, as well as utilities and pharmaceuticals. CEOs with legal training tended to implement more-cautious earnings management policies, especially in industries with high litigation risk, like pharmaceuticals.

CEO 8

CEO Accrual Accounting Pharmaceuticals Banking 8

Harvard Business Review

SEPTEMBER 21, 2018

This isn’t all that surprising given the level of innovation activity in these sectors, but directors operating in similarly disrupted sectors should take note. The effectiveness of board processes for supporting innovation is also positively correlated with overall board performance. Director Recruitment and Skills.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Harvard Business Review

JANUARY 22, 2014

The first concerns a complex transatlantic acquisition of a biotech company by a pharmaceutical company. There were major overlaps in corporate and operational management positions, but most employees would be retained. The second case involved the integration of a specialty company into a global pharmaceutical company.

Pharmaceuticals 8

Pharmaceuticals Uncertainty How To Middle Management 8

Harvard Business Review

SEPTEMBER 29, 2011

They are not interested in hearing about the technological, regulatory, and societal developments that will determine the long-term, strategic positioning of this company.". In the U.S., Berkshire Hathaway is renowned for its low portfolio turnover, in some cases owning a company for decades. CEOs should actively court desirable investors.

Long-term 12

Long-term CEO Short-term Asset Management 12

Harvard Business Review

NOVEMBER 7, 2017

When two separate firms with market power occupy successive positions in an industry value chain, both will try to earn a profit margin over their costs. Exhibit A for them will be the current spat between Express Scripts and Anthem , a pair of companies that occupy similar positions in the chain as do CVS and Aetna.

Health Care 8

Health Care Proposal Insurance B2B 8

Harvard Business Review

MARCH 16, 2015

Please note that titles used here reflect the positions the individuals held in 2013, when we conducted the interviews for a separate article ). Their concerns fell into three broad categories: talent, operating in a global marketplace, and regulation and legislation. Operating in a Global Marketplace.

CEO 8

CEO Stephenson Pharmaceuticals Globalization 8

Harvard Business Review

OCTOBER 24, 2017

These have forced AirBnB, Tesla, and Uber to make costly concessions to their operating practices or to exit certain markets altogether. The petition was seen as instrumental in getting the city council to adopt new regulations which permitted Uber to operate legally. How can new firms overcome the regulations that protect incumbents?

Licensing 10

Licensing Proposal Retail Long-term 10

Harvard Business Review

JUNE 14, 2017

The bulk of HCIT investment supports startups that sell data — clinical or operational information that is otherwise difficult for clients to obtain or to organize. But as more data and more data providers flood the market, a competitive position based solely on data becomes impossible to defend. Census for information about U.S.

Health Care 9

Health Care Levitt Competitive Advantage Pharmaceuticals 9

Harvard Business Review

JANUARY 5, 2018

For example, in 2009 professors Brian Becker, Mark Huselid, and Richard Beatty estimated that in most companies less than 15% of jobs are what they call strategic positions and said management should focus “disproportionate investments” on finding A players for those jobs. Connectors in the middle. High-potential future leaders.

McKinsey 8

McKinsey Human Resources Reputation Brand 8

Harvard Business Review

JULY 7, 2011

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. Many of the best leaders and managers in the business world operate from the Pleaser power style.

Rogers 15

Rogers Morale Long-term Pharmaceuticals 15

Harvard Business Review

JANUARY 13, 2015

In pharmaceuticals, there are blockbuster drugs targeted at mass-markets segments. Never confuse these different cost positions. Nearly all competitive markets confront firms with this choice. In retailing, there is Wal-Mart, Dollar General, and category killers. But there is also Nordstrom, Louis Vuitton, and many high-end boutiques.

Market Segmentation 8

Market Segmentation Mass Marketing Price Pharmaceuticals 8

Harvard Business Review

MAY 16, 2011

This kind of approach is common for firms that are in dominant positions in their industries. The Sun-Netscape Alliance was formed when AOL acquired Netscape in 1998 but then sought to spin out the software operations of Netscape. Most major pharmaceutical companies are well-known for their joint R&D deals with biotech start-ups.

Software 15

Software Licensing Long-term Telecommunications 15

Harvard Business Review

FEBRUARY 22, 2011

Everyone" includes primary care doctors, medical specialists, nurses, hospital administrators, health insurance providers, nutritionists, pharmaceutical companies, medical technology manufacturers, fitness gurus, paraprofessionals, public health commissioners, and charities dedicated to a disease.

Health Care 15

Health Care Innovation Pharmaceuticals Consensus 15

Harvard Business Review

NOVEMBER 27, 2015

Brower designed a faculty “externship” where she left her university office and for two months become part of global pharmaceutical company Eli Lilly’s daily operations. One of us, Holly Brower, decided to put this question to the test. Rather than act as an outside consultant, she would work as an insider.

Company 8

Company Education Pharmaceuticals Project 8

Harvard Business Review

JUNE 20, 2017

Innovation demands new behaviors from leaders and employees that are often antithetical to corporate cultures, which are historically focused on operational excellence and efficiency. Prasad, CEO of Dr. Reddy’s, a 33-year-old global pharmaceutical company headquartered in India that produces affordable generic medication.

Company 15

Company Agility Innovation Learning-by-Doing 15

Harvard Business Review

JUNE 23, 2016

A global pharmaceutical company was about to lose the strategic advantage of several blockbuster drugs coming off patent. While a natural inclination, this group is (by design) representative of current operating units and functions, which often have a status quo to defend. paul Garbett for HBR.

Leadership 10

Leadership Diversity Committee Long-term 10

Harvard Business Review

OCTOBER 26, 2017

” They might be concerned you’ll get bored in the position, says Claudio Fernández-Aráoz, a senior adviser at Egon Zehnder International and author of It’s Not the How or the What but the Who. ” (This assumes you know the position offers those things.) “Show integrity.”

How To 13

How To Long-term Marketing Case Study 13

Harvard Business Review

OCTOBER 26, 2011

When biotechnology startups like Genentech began to acquire other startups to retain their edge, pharmaceutical incumbents were forced to enter the acquisition melee to remain competitive. Since energy startups operate in an ecosystem dominated by incumbents, they can benefit dramatically from use of incumbent resources.

Energy 11

Energy Finance IPO Biotechnology 11

Harvard Business Review

OCTOBER 23, 2017

The companies best positioned to change in the next decade will be the ones that set themselves up well now, by collecting the right kind of data and investing in their analytics capacity. Harry Haysom/Getty Images. And the insights from analyzing internal communication will be stronger when combined with external social media data.

Company 8

Company Management Metrics Tools 8

Harvard Business Review

APRIL 22, 2015

Scale drove consolidation and globalization of industries throughout the mid-twentieth century and it still does today, such as in steel, airlines, pharmaceuticals, and telecommunications. Scale and efficiency are mostly about competing by lowering costs.

Six Sigma 8

Six Sigma Company Lean Production Taylorism 8

Harvard Business Review

APRIL 15, 2015

Controlled by a program on a magnetic drum, the robot relied on hydraulic actuators to adjust its position over a set of pre-programmed joint angles. By 1973, there were 3,000 industrial robots in operation. It was a jointed, actuated arm that weighed two tons. It was precise, but not necessarily elegant. By 2003, there were 800,000.

Definition 8

Definition Ethics Industry Automotive 8

Harvard Business Review

MARCH 27, 2018

Apple and Google, for example, each control a popular mobile phone operating system platform (and key apps on that platform), Amazon controls the largest online merchant platform, and Facebook controls the largest social network platform. Unlike some pharmaceuticals, data-opolies do not charge consumers exorbitant prices.

Company 11

Company Advertising Incentives Engineering 11

Harvard Business Review

JANUARY 31, 2013

The new era will give manufacturing companies an opportunity to help their host economies in all of those areas; it will create high-skill jobs, particularly in design, big data, and other service roles, but not masses of production-line positions. Demand is Shifting. Let's take a look at the demand shifts that will define this new phase.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Harvard Business Review

MAY 5, 2016

And alongside the country’s bad debt (some estimates say it is $40 billion ), sanctions were commonly evaded through money laundering , which discouraged foreign banks from operating locally. Otherwise, companies risk facing challenges related to pricing, value, and positioning against competitors. Accessing foreign exchange.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

DECEMBER 23, 2016

” Members from each partner organization rate the alliance in areas related to strategic fit, operational fit, and cultural fit. Eli Lilly and Company measures the health of its alliances with a “Voice of the Alliance Survey.” The beneficial irritation is respectful conflict on the most pivotal issues to the project.

Productivity 8

Productivity Products Survey Strategic Fit 8

Harvard Business Review

FEBRUARY 24, 2015

But a study from 1999 found that long-run performance of both the former parent company and the divested unit is strongly positive, provided that the spin-off increases the company’s focus. A 2010 meta-analysis detailed many of the different issues that make divestiture so hard to evaluate consistently.

Chemicals 8

Chemicals How To Kahneman Reputation 8

Harvard Business Review

FEBRUARY 4, 2013

Perhaps surprisingly, two leading examples come from pharmaceutical companies. We're moving towards innovation in technology, pricing, business models and partnerships," explains head of corporate responsibility management, Dorje Mundle, of the company's base-of-the-pyramid operations. Breakthrough Access. Breakthrough Economics.

EPS 8

EPS Innovation CEO Pharmaceuticals 8

Harvard Business Review

FEBRUARY 11, 2016

McKesson, the US-based pharmaceutical and health-care giant, benefits from external expertise as a strategic extension of its resources in areas such as business strategy and logistics support.

Agility 8

Agility Organization Resources Fixed Costs 8