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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
A life science company's business model is important to its success. Read more about validating a business model.
Some entrepreneurial incubators are better than others. For a good role model, check out the University of Michigan.
Rick Wallace, recently appointed CEO of KLA-Tencor, shares his management philosophy and the key to the company's success over the last 30 years. He stresses the importance of having a clear vision, distinct values and a well defined strategy to take care of his key constituencies: employees, customers and shareholders.
Pfizer Inc. is testing a pilot of a virtual clinical trial program that could be of interest to medical device startups and young pharmaceutical and biotech companies.
Even with trained and certified internal quality-improvement leaders, or "belts," Six Sigma efforts can fail because management does not understand the support they need. Such ignorance can mean that Six Sigma quality projects don't match company strategy, receive the right resources or financial support, or benefit from regular reviews by managers who can resolve such issues. Entrepreneurs thinking about implementing a Lean Manufacturing-oriented process need to have a full appreciation not only for the returns but also for the investments required, especially their own time and energy and that of their top team".
Entrepreneurs often cut corners when initially setting up their business systems. To avoid future problems, consider vertically centric business systems that comprehensively manage a company's functions and processes, including accounting, sales tracking, and data analysis.
Highly informative and practical, this article provides tips from IT managers on managing vendor relationships but can be useful to all any manager. Example: Focus on value and ask the vendors to demonstrate that they can deliver.
Outsourcing provides a solution to a wide variety of tasks that may not be efficient for a company to handle itself, especially an early-stage business that needs to focus on its top priorities.
Clean tech is the topic discussed between Steve Perricone, CEO of waste management and energy company BioFuelBox, and one of his investors, DFJ veteran VC Jennifer Scott Fonstad. In addition to discussing the company's technology, structure, and applications, they also expound on current stimulus dollars for alternative energy systems.
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