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Leadership News
Medium
4w
111
Image Credit: Medium
Leadership in Biotechnology
- The biotech industry has shown a trend where most CEOs leading companies to IPOs are older, raising questions about the role of age in leadership, funding, and overall industry dynamics.
- While younger leaders have successfully driven biotech innovation and established lasting companies like Genentech and Spark Therapeutics, contemporary data suggests that these younger success stories are becoming increasingly rare in biotech.
- The increasing age of biotech CEOs contradicts industries like software where younger leaders are more celebrated for their fresh perspectives and innovation-driven energy.
- The current trend towards older CEOs may partially reflect risk-averse tendencies among investors that could inadvertently stifle innovation?and also reflect the industry's complexity and lengthy developmental timelines.
- Exploring factors like the relationship between age, perceived competence of CEOs, and funding distribution may help identify whether emphasizing older leadership is a necessity dictated by industry demands or a result of broader structural tendencies.
- CEOs in each phase of the industry life cycle require different backgrounds, skills, and demographics. This alignment of CEO attributes and stage is especially important in high-risk, knowledge-intensive biotech, where both innovation and efficiency are crucial.
- Technical expertise and interpersonal skills, a combination of scientific, commercial and managerial expertise, and experience are considered vital for biotech CEOs. Soft skills, such as communication and empathy, that facilitate investor trust and stakeholder collaboration are essential.
- Investor perceptions of credibility and stability are strongly associated with older CEOs, while the younger generation is seen as flexible and willing to take risks.
- While older CEOs dominate traditional biotech firms, younger leaders are increasingly entering high-growth, tech-bio niches, suggesting that a hybrid approach that leverages both youth-driven innovation and experience-based stability is encouraged.
- Future biotech leadership might become more diverse and inclusive, aligning the dynamism of youth-driven innovation with experience-based resilience.
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Achievers
4w
244
Image Credit: Achievers
Employee survey management, design and delivery: A complete guide
- Employee surveys are a valuable tool that can provide insight into all the major drivers of the employee experience ranging from engagement to job satisfaction and career development. Surveys also promote organizational transparency, open internal communication and trust and collaboration among employees. Achievers Listen offers a comprehensive solution that includes features such as pulse surveys and always-on feedback channels, allowing you to gather insight into the changing patterns in your organization in real-time. When designing employee surveys, it's better to use the Likert scale, include some open-ended questions, shorten questions, ensure anonymity and follow up automatically. Analyzing survey data and deciding on action steps is essential to improve employee engagement and organizational performance. Managers play the primary role in reviewing survey reports and creating a collaborative action plan to tackle any issues raised. This collaborative approach will empower employees to take ownership of the problems they see in the workplace, resulting in increased engagement, motivation and retention.
- Employees want to feel a sense of belonging in the workplace and want a space to voice their concerns and share their feedback. Achievers' 2024 Engagement and Retention Report found that 72% of employees would prefer a job where they feel supported and valued, compared to a job that paid 30% more but where they did not feel like they belong. Employee surveys provide a structured way for employers to understand how their employees feel about the company culture, management effectiveness, and other important areas that influence morale and productivity. Surveys help identify common themes and address issues that may hinder employee satisfaction and retention.
- Employee surveys also measure engagement, recognition, culture, job satisfaction, motivation, career development, communication, benefits, and feedback, and provide actionable insights to improve these areas in an organization. Employee surveys act as an essential form of internal communication and recognition tool that recognizes trends in employee engagement, which directly leads to increased productivity, reduced turnover rates, and improved organizational performance. In addition to survey features like Likert scale and open-ended questions, anonymity and automatic follow-ups are a must to ensure greater participation by the employees in the survey and prevent biases in data collection.
- Organizations can choose to implement employee surveys through Achievers Listen, which allows HR professionals to gather frequent employee data and feedback in real-time to create a collaborative workforce. Through this platform, managers can review survey results, collaborate with their teams, and create an action plan to tackle issues raised through micro-actions that can be implemented without hesitation.
- To summarize, employee surveys improve organizational performance, provide a comprehensive view of the employees' requirements and interests, and create a positive and dynamic work environment. Achievers Listen is the ultimate platform for designing, managing, and delivering employee surveys, analyzing data, and initiating micro-actions to improve engagement, recognition, communication, and culture.
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Medium
4w
160
Image Credit: Medium
Product Leadership: Key Insights from Marty Cagan’s Berlin Talk
- Marty Cagan, Partner at SVPG, delivered a talk on product leadership in Berlin.
- The product model requires organizations to fundamentally reimagine how they create value.
- Product managers in empowered teams have a transformed role that focuses on engaged leadership and problem-solving.
- Success in the product model comes from embracing empowered teams, engaged leadership, and outcome-focused development.
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Saastr
4w
378
Image Credit: Saastr
Dear SaaStr: How Big Should The Addressable Market Be to Go into Vertical SaaS?
- To succeed in the Vertical SaaS market, two things are important: widespread adoption within the industry and the ability to charge high annual fees, preferably $10,000 or more.
- Even small businesses are willing to pay $10,000-$20,000 annually for a core app they heavily rely on.
- If the target market does not support high fees from SMBs and SMEs, a larger market size becomes crucial.
- To achieve $100 million in ARR, either 5,000 customers paying $20,000+ per year or 100,000 customers paying $1,000 per year are required.
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Medium
4w
84
Image Credit: Medium
Unlock Exclusive Black Friday Savings on the AI Tool You Can’t Miss!
- Unlock your creative potential with Kittl’s versatile AI tools that streamline your design process.
- Kittl is an innovative and user-friendly design tool that caters to both aspiring designers and professionals.
- Kittl boasts a vast library of templates that cater to various design needs.
- Overall, Kittl is a fantastic design tool suitable for a wide range of users.
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5 Likes
Medium
4w
342
Image Credit: Medium
Demystifying XBANKING: Uncovering the Secrets of this DeFi Powerhouse
- XBANKING is a non-custodial DeFi platform specializing in staking, restaking, and liquidity pools across multiple blockchain networks.
- Key features of XBANKING include multi-blockchain support, non-custodial security, staking and restaking services, and liquidity pools.
- Benefits of using XBANKING include increased rewards, improved security, increased liquidity, and a simplified DeFi experience.
- XBANKING is revolutionizing decentralized finance with its user-friendly interface and accessibility.
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20 Likes
Medium
4w
22
Image Credit: Medium
A bad solution is always more comfortable than a problem
- Our brains naturally tend to choose comfortable and familiar solutions over deeper analysis and addressing root causes.
- This tendency persists at every level of business, from adding reporting layers to implementing workarounds.
- Organizations encourage comfortable solutions by seeking quick consensus and avoiding necessary discussions.
- True progress requires the courage to face problems head-on, even when the solutions may be challenging.
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Gritdaily
4w
48
Image Credit: Gritdaily
Francis Kim, MD, Is Transforming Care for Autoimmune Diseases
- Francis S. Kim, MD, has been recognized as a 2024 Marquis Who’s Who Top Doctor for his outstanding work in the diagnosis and treatment of autoimmune diseases.
- Patients with autoimmune diseases suffer from overactive immune responses that lead to damage of healthy cells in the body.
- Dr. Kim is dedicated to evidence-based medical care and scientific research aimed at better understanding the underlying mechanisms of disease.
- His work is aimed at developing innovative therapies to address the unmet needs of such patients.
- His scientific background, clinical expertise, and patient-focused care have set high standards in the healthcare field.
- Dr. Kim was inspired to develop innovative therapies for autoimmune diseases when he realized that only a subset of patients are able to achieve clinical remission.
- He did his undergraduate and master’s thesis in areas related to stem cell research in such diseases.
- Dr. Kim actively leads research and clinical trials aiming to bring about novel therapies like CAR T cell therapy for such patients.
- For just under two years, he has served as Global Medical Director of Clinical Development at Kyverna Therapeutics.
- In the next five years, Dr. Kim hopes to successfully develop safe and effective therapies for autoimmune diseases to help improve patients’ quality of life.
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2 Likes
Medium
4w
102
A Revolution in Web Design: Intelligent AI’s 24-Hour AI-Powered Sites That Set New Standards
- With Intelligent AI World, it’s not just a possibility; it’s a promise we proudly uphold.
- Our 24-hour web design service is more than just quick; it’s an entirely new approach to delivering websites that capture attention, engage users, and drive growth.
- Our 24-hour service harnesses cutting-edge AI technology to streamline the design process, creating a unique website that’s fully customized for your business.
- Clients using our 24-hour web design have reported a 30% increase in engagement within the first month of launching their new sites.
- Intelligent AI World’s approach stands out because our 24-hour service is designed for businesses that want high-quality websites without the long wait.
- Intelligent AI World’s 24-hour AI-powered web design service doesn’t just give you a website; it provides a powerful, dynamic platform that makes an instant impact.
- We believe that the future of web design is AI-powered, efficient, and accessible to businesses of all sizes.
- Intelligent AI World’s 24-hour web design service delivers a custom site in record time, ensuring you’re ready to make an impact right away.
- Our 24-hour AI-powered web design service is a testament to what’s possible when speed and quality meet.
- We’re here to help you build a digital presence that captures attention, engages customers, and drives growth all in a single day.
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6 Likes
Medium
4w
209
Supply Chain Reinvented: How Intelligent AI’s Predictive Technology Drives Operational Mastery
- Intelligent AI World's predictive technology enables companies to shift from firefighting mode to strategic planning.
- Their technology delivers real-time insights that empower businesses to make adjustments on the fly.
- One of their clients, a leading global retailer, anticipated seasonal demand fluctuations, which resulted in a 40% reduction in stockouts and a 25% improvement in delivery times.
- Their technology adapts to specific business needs, ensuring businesses stay a step ahead.
- Intelligent AI World creates technology that is powerful, ethical, and secure, with its core values revolving around integrity, accountability, and their clients' success.
- Clients using Intelligent AI World's predictive technology report an average 30% improvement in efficiency and 20% reduction in costs within the first year.
- Their predictive models continuously learn from clients' data, ensuring an adaptive, intelligent supply chain that is continuously optimized.
- By 2030, AI-driven supply chains are projected to save businesses billions in waste and inefficiency.
- Their predictive tools can transform supply chains to be proactive, precise, and perfectly aligned with clients' business goals.
- Intelligent AI world's commitment to innovation and integrity create a partnership dedicated to building the future of supply chains, with smarter, safer, and more effective supply chains than ever before.
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12 Likes
Associationsnow
4w
26
Image Credit: Associationsnow
Beyond the Listening Tour
- New CEOs are wise to have a lot of stakeholder conversations before making changes.
- Change agents need allies, staffers, stakeholders, board members, and others to understand and support the change.
- Listening tours are important to surface sources of frustration and establish communication norms.
- Leaders should create an open and candid environment during the listening tour and set the stage for their vision.
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Askamanager
4w
160
Image Credit: Askamanager
I’m being flooded with business offers by friends and family
- The reader is receiving numerous business offers from other companies and personal connections due to the success of their industry and product.
- They are feeling overwhelmed by the influx of sales offers, including emails, phone calls, and proposals.
- The reader is struggling with how to politely decline these offers, especially when they involve personal connections.
- They are seeking advice on how to handle these situations with sensitivity, considering their financial position and the guilt they feel.
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9 Likes
Hrdive
4w
271
Image Credit: Hrdive
Survey: Employee volunteerism on the upswing ahead of GivingTuesday
- Employee volunteerism increased last year, with more employers offering volunteer time off and a broader array of volunteering opportunities.
- 61% of the surveyed companies reported an increase in volunteerism in 2023, citing increased virtual and in-person volunteering options as well as the introduction of skills-based volunteering.
- Volunteerism is seen as an effective strategy for increasing employee engagement and aligning corporate values with employee values.
- Volunteer programs can have a positive impact on employee satisfaction, professional development, and growth, while also helping with recruiting efforts.
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16 Likes
Hrdive
4w
53
Image Credit: Hrdive
Nearly a quarter of Americans are underinsured: report
- Nearly a quarter of working-age Americans with health insurance face high out-of-pocket costs that make it difficult to afford care.
- 12% of respondents reported they were insured but had lost coverage, while 9% said they were uninsured.
- Nearly half of all respondents said they delayed healthcare due to the expense.
- Medical debt was highest among the uninsured and those with unaffordable plans.
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3 Likes
Hrdive
4w
249
Image Credit: Hrdive
Mailbag: We lost an employee’s Form I-9. How do we fix this?
- If an employer conducts an audit of its I-9s and discovers missing forms, it should go through the process again for those employees.
- Document the fact that it’s conducting the process again because an audit revealed missing I-9s.
- It is advised to complete a new Form I-9 for each current employee if the employee’s original Form I-9 was damaged or destroyed.
- The employer should explain in the form's additional information field why it created a replacement Form I-9.
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