Pharma Veterans

Navigation Plan for CEOs and Top Executives – Asrar Qureshi’s Blog Post #1058 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1058 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: Rene Terp Credit: Tima Miroshnichenko Preamble I am very impressed with the quality and range of work done by McKinsey &Co. The reports and articles generated by them are par excellence. They have published a great article in November last year in which they drilled down the learning taken from in-depth interviews of many of the most successful CEOs of current times and converted it into a checklist of 18 questions, of which every CEO should have the answers. These questions are spread across 6 dimensions.  I would like to take this checklist and apply it to senior executives rather than CEO alone. In our pharma organizations, emplo...

Why Most Plans Never Materialize and What to Do? – Asrar Qureshi’s Blog Post 991 Dear Colleagues! This is Asrar Qureshi’s Blog Post 991 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Image Created with Microsoft Designer Image Created with Microsoft Designer Image Created with Microsoft Designer Image Created with Microsoft Designer The basic concept of this blogpost is taken from the book review of ‘Sidetracked’’ written by Harvard Professor Francesca Gino. The content is mine. Plans often go awry due to various internal and external factors that can interfere with our intentions and ability to follow through. Understanding these factors and developing strategies to cope with them can increase the likelihood of achieving our goals. This is seen most often in individual, personal plans. Corporate plans also get derailed and det...

The Case for Business Growth – Asrar Qureshi’s Blog Post 960 Dear Colleagues! This is Asrar Qureshi’s Blog Post 960 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Credit: Antonius Ferret Credit: Ketut Subiyanto Credit: Pavel Danilyuk All businesses wish to grow and become big, some actively do things to grow, most do half-hearted measures. The other dimension is that achieving profitable and sustainable growth is even more challenging because various factors keep arising on the way. There are two major restrictions to growth: market, and competition. Any market, be it electronics, healthcare, pharmaceuticals, food etc., is the sum of all players in that market. The market expands because of two factors: addition of new products, and addition of new consumers. However, market expands at a slower rate in this way. The second rest...

Why Strategies Fail to Deliver? – Asrar Qureshi’s Blog Post #836 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #836 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Alena Darmel Photo Credit: emre keshavarz Photo Credit: Sora Shimazaki Pharmaceutical industry is quite fond of making strategies. Most strategies are focused on business growth; however, some strategies may be aimed at organizational development, culture transformation, and change management. Once in a while, there may be strategies for expansion and/or software installation. The success rate of most strategies is quite poor. Marketing strategies do not deliver desired growth, HR strategies do not bring about organizational change or development, and culture ...

Tired Organizations – Reasons & Cures – Part 9 – Asrar Qureshi’s Blog Post #768 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #768 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: fauxels Photo Credit: Ivan Samkov Photo Credit: Ivan Samkov Continued from Previous…… After having looked at the appearance, symptoms of the tired organizations, and the reasons why these are so, we now come to the cures. Turning around a tired organization will take serious, concerted, and consistent effort, but it is quite possible and viable. In many ways, it is still better than establishing a new enterprise. The enterprise is already there, revenue stream is there, the enterprise in earning some profit, functions are clarified, staff...

Tired Organizations – Reasons & Cures – Part 8 – Asrar Qureshi’s Blog Post #767 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #767 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Marcelo Moreira Photo Credit: fauxels Photo Credit: Moose Photos Continued from Previous…… There are several more reasons for the underperformance of tired organizations, some of which are described here. Quality of leadership – The quality of leadership in an organization is a critical factor in its success. Inadequate leadership can result in a lack of direction, poor decision-making, and low employee morale. We are not just talking about the quality of leadership of the chief, we are referring to leadership at all levels; heads of fun...

Greetings – New Year 2023 III – Asrar Qureshi’s Blog Post #741 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #741 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Lastly, we look the less privileged people, while greet the new year from the warmth, coziness, and affluence of our homes. North America and Europe represent the smallest percentage of the world’s population, and Latin America, the Caribbean, and Africa represent the largest, after we take out the two most populous countries; China, and India. While the wealthiest countries account for only 20% of the world population, they consume approximately 86% of the world’s resources. Another statistic is that 7% population consumes 70% resources. At the same time, the poorest 20% ...

Opioid Crisis and Pharma Industry – Last Part – Asrar Qureshi’s Blog Post #726 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #726 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. This series of blogposts is based on multiple sources, links to some of which appear at the end. The entire discussion on factors associated with opioid misuse rests on four factors: individual, interpersonal, community, and society. The individual is affected by outside factors and influences the outside factors. For example, an individual is exposed to trauma of any kind, uses opioid substances to get relief, becomes addicted, the family and friends are adversely affected at interpersonal level, the community loses a productive worker who would otherwise ...

Entrepreneurship within the Pharma Industry – Last Part – Asrar Qureshi’s Blog Post #705 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #705 for Pharma Veterans. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Photo Credit: Andrea Piacquadio Photo Credit: Andrea Piacquadio Photo Credit: Yasin Gündogdu Suggestions for Making and Running a Successful Enterprise  We have seen various types of entrepreneurs and we have seen a host of reasons that contribute to failure of enterprises.  Let us say again that over 90% entrepreneurial ventures fail, some even after five years. Two inferences must be drawn here. An enterprise is established after great endeavors against odds, and an enterprise is not safe unless it attains a certain size. Anything can ...