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Interview Excerpts Ex-CEO Novartis – Asrar Qureshi’s Blog Post #1077

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Interview Excerpts Ex-CEO Novartis – Asrar Qureshi’s Blog Post #1077 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1077 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Dr. Daniel Vasella Credit: Edmond Dantès Credit: Tiger Lily Preamble Dr. Daniel Vasella M.D. held several medical positions in Switzerland before he was hired in 1988 by Sandoz Pharmaceutical Corporation, the former US subsidiary of the Swiss company, Sandoz Pharma Limited. In 1992, he was promoted as the CEO of the parent Sandoz company. Vasella was instrumental in the merger between Sandoz and Ciba-Geigy, another Swiss company, to form Novartis in 1996, which is now the fifth largest pharmaceutical company in the world. He was appointed CEO of the new entity in 1996 and was named Chairman of the Board of Directors in 1999. In 2010, Vasella stepped do...

Aging – Medical, Psychological and Human Perspective – Asrar Qureshi’s Blog Post #1076

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Aging – Medical, Psychological and Human Perspective – Asrar Qureshi’s Blog Post #1076 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1076 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Alina Kurson Credit: Anna Shvets Credit: Hasan Abwini Credit: Ibrahim Yazgan Credit: Los Muertos Crew Preamble Aging is a universal experience, yet it remains one of the most complex and multifaceted processes in human life. It is a journey that brings wisdom and experience but also presents medical, psychological, and emotional challenges. Understanding aging from different perspectives allows us to navigate it with grace, resilience, and purpose. I am a senior citizen and so are most of my friends. We have all experienced aging in different ways. Some went down quickly, but most stood upright with resilience and grace. Here ...

Four Reasons for Considering a New Job – Asrar Qureshi’s Blog Post #1075

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Four Reasons for Considering a New Job – Asrar Qureshi’s Blog Post #1075 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1075 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Nataliya Vaitkevich Credit: Katrin Bolovtsova Credit: Mikhail Nilov This post is based on a research by Gallup, and compiled by Corey Tatel, Ben Wigert, and Sangeeta Agrawal. Link at the end. Preamble As I often point out, gone are the days when people stuck to the same job for a lifetime, except government employees who wish that the same job should be transferred in their children’s name and continue. Private sector employees are more used to switching jobs, though you still find cases where people even in private sector spend long time/ lifetime in the same organization. The trend is changing, in certain functions more than the others....

How to Continuously Reinvent Yourself Throughout Your Career– Asrar Qureshi’s Blog Post #1074

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How to Continuously Reinvent Yourself Throughout Your Career– Asrar Qureshi’s Blog Post #1074 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1074 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Asia Culture Center Credit: Tima Miroshnichenko Preamble In today's rapidly evolving professional landscape, the ability to reinvent yourself is no longer optional—it's essential. Whether you’re navigating industry disruptions, shifting personal aspirations, or responding to technological advancements, continuous reinvention is the key to staying relevant and fulfilled. When I look at my own rather long career, I find that I was forced to reinvent myself in the middle years of career because of continuous changes in my assignments, each considerably different from the other. Understanding the value of reinvention, I...

Human Factor in Restructuring – Asrar Qureshi’s Blog Post #1073

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Human Factor in Restructuring – Asrar Qureshi’s Blog Post #1073 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1073 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Antoni Shkraba Credit: Ron Lach This post is inspired by real events and an article published in INSEAD Knowledge. Link at the end. Preamble We have been in major restructuring process in the corporate I am working with. Being Chief of the organization, I take the responsibility of carrying out the process, its outcomes, and consequences. There is no doubt that the major affectees are the employees of the organization. In our case, it also involved a significant number of students who stood to lose their opportunity of free education. The human factor had two dimensions, both equally important and interrelated. In his article "In Layoffs, Focus on ...

Corporate Values; Beyond Words – Asrar Qureshi’s Blog Post #1072

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Corporate Values; Beyond Words – Asrar Qureshi’s Blog Post #1072 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1072 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Adriele Nenes Credit: Ketut Subiyanto Credit: Polina Zimmerman Preamble In one of the corporate that I was long associated with, a major decision was made during the annual strategy meeting of senior managers. A new gentleman had joined from an MNC, and he pointed out that this corporate did not have ‘corporate values’. He emphasized that without corporate values, the corporate was not good enough. It was decided in principal that corporate values shall be identified, adopted officially and promoted. The same gentleman also offered to share a booklet from his previous company which had a long list of corporate values which that company probably cla...

Framework for Delegation 3 – Asrar Qureshi’s Blog Post #1071

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Framework for Delegation 3 – Asrar Qureshi’s Blog Post #1071 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1071 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Fatih Yurtman Credit: Gustavo Fring Credit: Kindel Media These posts are based on an INSEAD article by Eliot Gattegno and Nadav Klein. Link at the end.  Preamble The Delegation Framework as recommended by the authors has five stages. 1. Task-based Delegation 2. Project-based Delegation 3. Process-based Delegation 4. Goal-based Delegation 5. Clairvoyant Delegation Goal-Based Delegation Goal-based delegation shifts the focus from how work is done to achieving specific outcomes. Unlike task-based, project-based, or process-based delegation, which emphasize execution, goal-based delegation gives employees autonomy to determine their own stra...