Category Archives: Management

Peter Drucker on Outsourcing and Information Technology

I stumbled on a 2004 interview of Peter Drucker, one of the giants of management consulting and education.  Drucker was famous for coining the term “knowledge worker”, and he was an early proponent of outsourcing (starting decades ago).  It’s worth reading … Continue reading

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Employee Performance Does Not Follow a Bell Curve

Here’s a great post written by Josh Bersin that’s gotten a lot of attention in the past few days:  The Myth of the Bell Curve.  As I mentioned several weeks ago, more and more evidence shows that employee performance in the … Continue reading

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Product Cycles in the Pharma Industry and How to “Shorten” Them – Part 1

A few weeks ago I commented on what may be the fundamental limit on a stable Pharmaceutical industry — products have to be on the market for at least as long as it takes to replace them.  Cash flow significant … Continue reading

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Rigid stack ranking of employee performance and pharmaceutical research is a bad combination

Microsoft’s recent decision to abandon employee stack ranking is just the latest example of the growing skepticism around stack ranking performance management schemes, especially ones that force bottom 5-10% distributions.  Sadly, some pharmaceutical firms still use the method. The major arguments against stack … Continue reading

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Boston is a Global Financial Center – #7 Actually

Most people think of Boston as a global center for research and teaching, especially in the biomedical sciences.  (or perhaps as a center of excellence in American professional sports…).  Say “financial center”, however, and the word “regional” comes to mind … Continue reading

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Did You Know? 2013 – Technology Impact on Society and Business

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The Mythical Man-Month

I recently read one of the classic books on management, “The Mythical Man-Month: Essays on Software Engineering” by Frederick Brooks.  It’s a quick read, and Brook’s observations are just as relevant today as they were when the book was first … Continue reading

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