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Controversy continues over whether or not the performance review process is an effective tool for motivating and improving employee performance. Yet many entrepreneurs make the assumption that the evaluation process will lead to a better-performing organization. Too often, the purpose of employee reviews is unclear -- to both leadership and the employee -- and training in the process is generally not provided.
Should the U.S. Food and Drug Administration protect the public or drive innovation? One industry leader gives us his take on the future of the FDA.
We recently hosted the inaugural class for the Ice House Entrepreneurship Education Program. The program coincidentally started just as the debt ceiling debacle was playing out in Washington. There was a shared moment of awareness that maybe those we feel should be making the economic ecosystem a better place for entrepreneurs were in fact incapable of doing so, and even doing things that were self-destructive; a reality driven home by the subsequent credit downgrade by S&P.
Want to see how you stack up? Try this brief and informative test posted on author and entrepreneur Guy Kawasaki's Web site. Remember that the goal is to test knowledge, not capability. An A doesn't mean you're the next Steve Jobs; an F doesn't mean you're not.
Building a business to sell? Here's a dousing of cold water to keep you from inflating its value beyond reality. See also the eVenturing Collection "Valuing Pre-revenue Companies" for additional details on a topic dear to nearly every entrepreneur's heart.
Although brands are usually evaluated based on competitive those of competitors, this article points out that customers apply much broader criteria. They use how they feel about your company (even the logo), how they interact with your employees, especially those in customer service reps; advertising, and your name, among many others. Key point: Remember that your customers own your brand, not you. Treat them accordingly.
Creating a social media policy is important for today's medical device startups and other biotech companies. Read more for tips on handling social media.
Venture capital investments are in high demand, but some personalized medicine companies succeed in securing dollars. Read more for tips on what venture capitalists want to see in a personalized medicine company before investing in it.
Most startups overlook three areas when developing their reimbursement strategy, according to Scott Howell, head of patient access at Genentech.
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