Japan Quake Eliciting Good Will From Life Science Companies

In a show of good will, several Life Science Giants have chipped in to bolster the relief efforts in Japan. As reported by MassDevice, Abbott Laboratories and Amgen kick in a combined $4 million toward relief efforts in Japan after a large earthquake and tsunami devastated the country March 11. Continue reading

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Reinventing the Medical Device Company

Reinventing Medical CompaniesHealth-care reforms still rages in Congress months after it has become law. The question still remains, what the overall consequence will be for life science companies moving forward and particularly for medical device and manufacturing firms.

For the overall US economy to continue improving, sustained economic prosperity depends in no small measure on continual innovation. However, with burdens placed on device companies in the form of new taxation, Continue reading

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The One that Got Away

Executive SearchRecession, depression, meltdown. You seen and heard it all in the news. These events have kept unemployment high and caused much disruption in the conduct of commerce.

As companies globally recover from the effects of the economic downturn and seek to rebuild around core competencies, a surprising number of top executives and HR leaders believe they lack the executive talent and management bench strength to establish, maintain or regain a competitive edge as the marketplace recovers according to recent polling. Continue reading

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The 1.5 Million Dollar Mis-Hire

Mis-matchThough executive recruitment and management hiring is still off from the levels preceding the 2008 meltdown, the shortage of expert talent is still apparently very real particularly in the rapidly evolving worlds of technology based companies.

Recently is has been reported that employee turnover has been rising with the perception that the economy is improving. This rise is due in part by the fact that a some executives have remained in positions that were not the best use of their skills but were forced to remain in the role due to limited or non-existent alternatives. Now that the economic climate has shown improvement, turnover which has been pent up and backlogged for the past couple of years is now showing signs of increase.

When Turnover Occurs

For executives that need to hire for their organization, conducting interviews for executive positions in a climate of rising turnover, registers near the top of the challenge chart even for Continue reading

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What CEOs Can Take Away from WikiLeaks

What CEOs Can Take Away From WikiLeaksIn an after-hours scene, an employee logs in to his company account, inserts his jump drive, and downloads thousands of records. The final destination of these records is anyone’s guess.

Identity theft, hacked credit card data bases, national security breaches and the now-infamous WikiLeaks illustrate the vulnerability of our data.

Data Defined Issues

For financial institutions, including banks and credit card companies, customer data and transaction information are among obvious assets needing protection. Health care institutions and service providers enforce strict policy for data access and permissioning. In response to data asset issues, some sectors of the economy are being held accountable through new laws and regulations. For example, companies in the information and transaction processing space are required to disclose leaks or breaches of information security. Continue reading

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