N2Growth Blog

JANUARY 10, 2024

With the guidance and support of experienced executive search consultants, companies can strengthen their leadership teams and drive innovation, growth, and success in the life sciences industry. The rapid pace of innovation and advancement in the sector further compounds the challenges of leadership recruitment.

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Execution Leadership Pipeline Leadership Diversity 243

The Horizons Tracker

OCTOBER 4, 2022

The researchers explain that while firms reap significant benefits from the innovations that often arise from partnering with universities, the fact that academics usually wish to publish their work in academic journals can raise fears that the secret sauce will be exposed to the wider world. Balancing the risk.

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Hedge Pharmaceuticals Document Innovation 110

Innovation Excellence

JUNE 27, 2019

I was working with a pharmaceutical distribution business that needed to innovate, and fast. He was also frustrated that his senior managers, who he described as excellent operations people, were failing to come up with. Drugs were coming off-patent, and industry forces were going to change who made money and how.

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Pharmaceuticals Operations Industry Innovation 92

The Horizons Tracker

NOVEMBER 4, 2021

As failure has become a more acceptable part of innovation, one would assume that organizations have also become better at dealing with employees who make mistakes, but, of course, there are mistakes made in the pursuit of something challenging and innovative, and there are mistakes out of incompetence or malfeasance.

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How To Pharmaceuticals Innovation Learning-by-Doing 137

Talent Anarchy 1

AUGUST 25, 2023

Pharmaceuticals: Medicines and healthcare products are also considered consumer non-durables. Marketing Managers: Marketing managers are responsible for creating and executing marketing strategies to boost product sales. Brand Managers: Brand managers are tasked with building and maintaining a strong brand image.

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Career Supply Chain Pharmaceuticals Industry 78

The Horizons Tracker

NOVEMBER 3, 2024

In terms of innovation and collaboration, it’s well known that proximity plays a big role in whether we create or innovate with others. Moving around The researchers used a pharmaceutical company to conduct their experiment, with the company relocating their regional offices in Singapore and Kuala Lumpur respectively.

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Pharmaceuticals Long-term Bond Cooper 67

The Horizons Tracker

MARCH 15, 2021

As our society ages, the importance of self-care will only increase, so it’s perhaps no surprise that a recent report from pharmaceutical company GSK revealed that 80% of Europeans believe it’s their own responsibility to manage their health. Low investment in preventative healthcare.

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Self-aware Pharmaceuticals Report System 91

The Horizons Tracker

MAY 2, 2023

” A good first step is to make managers and recruiters aware of the need for class diversity in the first place so that any talent-related decisions are made with this in mind. However, in contrast to IT, engineering, health, and education, we find more established-elite CEOs in management consultancies.”

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Class CEO Education Engineering 126

The Horizons Tracker

SEPTEMBER 21, 2023

Many of these leaders possess prior experience in managing public companies, and they generate exceptional returns for both themselves and the PE-backed companies that they are recruited to head. What you really do need is knowledge of that specific industry, whether it’s pharmaceutical or manufacturing or hospitality or rocket science.”

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Press Release CEO Pharmaceuticals Industry 114

Lead Change Blog

JULY 6, 2015

The second example, from a pharmaceutical company, states their purpose is “to discover, develop, and deliver innovative medicines that help patients prevail over serious diseases.” They discover, develop, and deliver innovative medicines. There is no clarity here. ” What does this company do? For whom do they do it?

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Pharmaceuticals Discount Cooper Tactics 150

The Horizons Tracker

SEPTEMBER 15, 2019

model, which is supported by the Estonian government, demonstrates the paths to new business models that focus not only on providing services, but also on fostering a collaborative platform for all to innovate. The E-Residency initiative and its succeeding 2.0

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Pharmaceuticals Entrepreneur Politics Globalization 69

Michael Lee Stallard

SEPTEMBER 16, 2015

Pfizer, the multinational pharmaceutical giant, has become increasingly intentional about shaping its culture. They embody our humanity and innovative spirit, and are determined to tackle some of the most pressing health care challenges of our time. Feedback from the survey helps hold managers and leaders accountable.

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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.

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How To Retail Core Competence Innovation 100

Strategy Driven

DECEMBER 18, 2020

Gayhardt states that Hong Kong is already increasing its use of advanced fraud detection, biometric facial recognition, and other innovative AI technologies due to the pandemic. Clothing retailers, restaurants and grocery stores, and even some pharmaceutical products have all seen delays in 2020 as well.

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Supply Chain Retail Pharmaceuticals Technology 79

Marshall Goldsmith

FEBRUARY 24, 2014

” There is an implicit hope that when people – especially managers – hear great words, they will start to exhibit great behavior. 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.

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Ethics Pharmaceuticals PR Execution 137

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. Programs like the U.S.

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Agility Pharmaceuticals Self-aware Crisis Management 50

Harvard Business Review

JULY 8, 2016

China has not been a huge technology innovator, despite being the world’s second-largest investor in R&D , but Chinese businesses have found ways to use innovations in processes, business models, and customer experience to their disruptive advantage. This presents Western companies with a fresh challenge.

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Business Model Innovation Company Apparel 10

Harvard Business Review

SEPTEMBER 4, 2015

Innovation is widely regarded as important to long-term business performance. 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. Overall, it is a messy picture.

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CEO Innovation Pharmaceuticals Merchandising 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.

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Innovation Short-term Telecommunications Long-term 10

Lead on Purpose

SEPTEMBER 8, 2009

Over 150 companies, including Durkee, Cremora, San Giorgio, Ronzoni, and McCormick, now use the entire line of Flapper products, and Weatherchem continues to lead the industry in offering the widest, most innovative array of closure products. Unfortunately, my gesture was rebuffed and the union decided to strike.

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Committee Automotive Ethics Products 140

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. And yet management sponsorship is crucial for any ambitious initiative.

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Innovation P&L Short-term Company 12

Strategy Driven

JULY 13, 2011

While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Examines ways to maintain and grow value through mergers, acquisitions, and portfolio management.

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ROIC Balanced Scorecard Metrics McKinsey 62

Strategy Driven

DECEMBER 13, 2018

A few years back, I coached a national pharmaceutical team with distinct geographies. Drawing from his own extensive background and 10 years of research, Douglas innovated the concept of “Team Quotient” (TQ). Team meetings become interesting and rewarding. It takes effort, energy and time.

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Team Pharmaceuticals Project Learning-by-Doing 58

Harvard Business Review

OCTOBER 11, 2013

Four years ago, Craig Hatkoff, co-founder of the Tribeca Film Festival, approached me about a brainstorm: an event recognizing and celebrating breakthrough innovators. When I suggested to Clayton Christensen that we partner with Hatkoff to create the Tribeca Disruptive Innovation Awards , Clay’s response was : I trust you Whitney.

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Innovation Christensen Decisionmaking CTO 11

Harvard Business Review

FEBRUARY 26, 2018

Regeneratives are pharmaceutical cell therapy products that replace or restore cells and tissues lost to disease or aging. “The Japanese want to be the regenerative medicine center of the world,” said Colin Lee Novick, managing director of the CJ Partners biotech consulting firm in Tokyo. Agilis Biotherapeutics, a U.S.

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Pharmaceuticals Content Licensing Trends 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. …and how training can make them even better ones.

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Management 360-Degree Feedback Mayo Training 15

Harvard Business Review

MARCH 14, 2017

For industries that depend on innovation, sustaining it is a constant challenge. These two actions cost almost nothing compared to vast sums often spent — and arguably, often wasted — on efforts to foster innovation. However, these prescriptions for innovation at Roivant have also led to some unexpected challenges.

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Innovation Company Incentives Industry 10

Coaching Tip

MARCH 15, 2011

In a capitalist democracy, government should not be involved with what we in the private sector do, which is managing time to manage money. All it takes is the desire to be innovative and creative in tackling a problem. Entrepreneurship. You needn’t work for yourself – or even be working at all – to be an entrepreneur.

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Pharmaceuticals Creativity Long-term Power 84

Harvard Business Review

OCTOBER 29, 2012

If the cost of innovation is falling, that should enable more of it from poorer countries, companies or cooperatives. If it's not, the already big and already rich will dominate innovation. Some of this may just be the product of the high regulatory costs in pharmaceuticals, but research by Harvard's F.M.

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Cost Innovation Wireless Disruptive Innovation 8

Harvard Business Review

JANUARY 27, 2016

Much fanfare has been paid to the term “disruptive innovation” over the past few years. Disruptive innovations are: Cheaper (from a customer perspective). New technologies, combined with business model innovation, provide the structural cost advantage necessary to take large chunks of the market over time.

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Disruptive Innovation Innovation Short-term Long-term 8

Harvard Business Review

JUNE 29, 2015

And a recent working paper out of the Dusseldorf Institute for Competition Economics ( DICE ), a think tank of sorts, focuses on the latter by exploring whether leveraged buyouts (LBOs) make firms more innovative. PE investors don’t typically invest in firms known for innovation. ” There were other limitations.

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LBO Innovation Sample Short-term 8

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. Besides Dr Reddy's, several leading Indian firms are pioneering polycentric innovation: Tata Motors. Polycentric innovation won't work in organizations that promote groupthink. Integrate with local innovation ecosystems.

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Globalization Innovation Decentralization Chemicals 11

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.

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Health Care Innovation Pharmaceuticals Consensus 15

Harvard Business Review

OCTOBER 27, 2014

A mid-level manager in this 5,000-employee hospital, she is leading a 70-member group on patient flow as part of a larger organizational effort. Her ability to lead and inspire — to become a change leader from her position as a mid-level manager — is helping her team produce results. I found a few defining characteristics: 1.

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Middle Management Six Sigma Taylorism Taylor 14

Harvard Business Review

FEBRUARY 20, 2018

Today, in pharmaceuticals and medical devices, in health care services and regenerative medicines, non-Japanese firms are learning from Japan’s markets before the aging trend arrives elsewhere in the world. From Finland to Israel, from Australia to Portugal, from the U.S.

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Pharmaceuticals Company Content Health Care 8

Harvard Business Review

SEPTEMBER 20, 2011

A vast ideological gap on macro-economic policy divides Washington and much of the nation, but there is almost universal agreement on one solution: innovation. Innovation is now perceived as a panacea for job creation, income generation, economic growth, dollar strength, and the revival of the U.S. as global hegemon.

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Innovation Supply Chain Offshoring Policies 14

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.

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Middle Management Management Automotive Pharmaceuticals 9