Understanding Variation

Impact of demand variation on required capacity

Lean and Six Sigma are two common methodologies in Continuous Improvement (CI).  However, neither has a precise definition of what it is.  Many disagree on the definitions or even the value of these methodologies, and I won’t join the debate here.   What I care about is the underlying principles used by these methodologies – whatever… Continue reading Understanding Variation

Can You Trust Your Data?

Data

Data is a new buzzword.   Big Data, data science, data analytics, etc.  are words that surround us every day.  With the abundance of data, the challenges of data quality and accessibility become more prevalent and relevant to organizations that want to use data to support decisions and create value.   One question about data quality is… Continue reading Can You Trust Your Data?

Capabilities of Future Leaders

What capabilities are required for future leaders in life sciences? How can organizations develop such leaders? A recent McKinsey article, Developing Tomorrow’s Leaders in Life Sciences, addresses this exact question. Using data from their 2017 survey on leadership development in life sciences, the authors illustrated the gaps and opportunities and presented five critical skills. Adaptive… Continue reading Capabilities of Future Leaders