Killing Unpromising Projects Faster

Proven, Evidence-Based Strategies for Developing Excellence

Top scientists in a biotech company were wasting considerable time in meetings just exchanging information.  Project heads were afraid to frankly discuss the progress of the drugs they were working on for fear of losing funding.  Any potential for conflicts of interest was buried with the result that too many projects were going forward with too little funding while the organization was unable to discern which really had the most promise.  Training in Interpersonal Capital helped the group build the competencies that allowed them to discuss freely the market potential of different compounds with frankness.  They created decision processes to prioritize project viability and funding, which led to the ability to kill unproductive starts much faster, returning resources and reallocating them to areas of greater promise.  Meeting time was drastically reduced.