How pharma CEO’s can effectively lead

KEY TAKEAWAY: This labor day is a good time to reflect on how pharma CEO’s can effectively lead while pharma is both under attack and facing turbulent times. 

1ne: Company slogans, on the wall in the lobby, don’t mean a damn thing the principles of helping patients have to be integrated into everyone’s KPI’s.

2wo: It’s your job to remind employees that first and foremost our job is about helping patients not putting sales ahead of everything else.

3hree: Do you really need to take a salary that is tens of millions of dollars?

4our: Sacking employees when a product comes off patents is no way to treat valuable people.  Help them find new jobs and provide everyone with a career path.

5ive: If your company is fined because of illegal marketing you should apologize and fire those involved.

6ix: You need to meet with the rank and file regularly to listen more than to talk.

7even: You can’t please Wall Steet and patients at the same time.  You can’t have two masters.

8ight: No pharma company should have company jets. Sell them and fly the airlines like the rest of us.

9ine: You should make it clear that no patient will bear a financial hardship because they can’t afford your drug(s).  Find a way to make it happen.

10en:The force behind a great company has to be more than the pride of one man; it has to be the pride of thousands. You can’t make men work for money alone – you starve their souls when you try it, and you can starve a company to death the same way