SUMMARY:
- Leadership is the ability to influence or guide others.
- Too many pharma CEOs are bad leaders because they fear failure, losing power, and focus too much on metrics not important to the rank and file.
- Six out of 10 employees said they feel demotivated by their CEOs; 70% say CEO pay was too high in general.
- The median CEO of the drug companies outpaced the more modest pay gains of their employees.