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This move “transformed pharmaceutical outfits into companies who market drugs rather than companies who manufacture drugs for the market.” A crucial factor enabling the change was the delegation of drug safety testing, formerly conducted by impartial public sector academics, to the private sector.
These individuals are most likely to excel in C-suite, management, legal, business or manufacturing industries. Theyre not afraid to think outside the box to achieve the results they want, and they are able to communicate and delegate effectively. Their focus on solutions rather than problems makes them an ideal fit to run a company.
Train managers to delegate tasks effectively and communicate the desired outcomes or constraints. Solution: Implement a performance management system focusing on constructive feedback and regular performance discussions rather than punitive measures. However, the long-term consequences can outweigh any short-term gains.
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