~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Trilogy Tidings
August 2012
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
in this issue
Secrets of Successful Introverts
Medical Innovation and FDA: Public Perceptions
Avoiding Partnership Pitfalls: Top 10
Resources from our Archives
What does Trilogy do?

     I'm an introvert at heart - yes, really. So I was fascinated to read about introverts as business leaders in the lead article this month. If you've worked for both extroverts and introverts, you may find it interesting, too.

 

     Plus some thoughts on partnering relationships and public views of innovation and our FDA.

Regards,
Joe

 

 

   Change Ahead

 

 

 

Secrets of Successful Introverts
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

     So, who are more likely to be successful business leaders, extroverts or introverts? Well, if Les McKeown is right, the answer is introverts - by a ratio of about four to one! Who knew? Even though extroverts are more memorable and get more ink, it's often the introverts who create longer-lasting, legacy-leaving success.

 

Introvert
 
  

     In his recent article, McKeown highlights four secrets of successful introverts:

  • The power of focus
  • The strength of the team
  • The strategic value of anonymity
  • The freedom from narrative

     I think each of these factors is compelling. So, don't worry about your low profile; it could be a symptom (and cause) of success!

 

 

 

Medical Innovation and FDA: Public Perceptions 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 

     NEHI's 2012 Innovation Barometer surveyed 500 voting members of the general public that regularly read newspapers and follow current events in the healthcare sector. Two of the study's findings were surprising and counterintuitive to me:

  1. When asked what the priorities of government should be during the next five years in order to control healthcare costs, 83% of respondents felt that a high priority should be to support research to discover new medicines, medical devices, and other healthcare technologies.
  2. 58% of respondents felt that FDA should approve a product that may be harmful to some patients as long as the risk is disclosed and it is proven to be effective for other patients.
  3. Innovation
     

    If you pay attention to many in the US executive and legislative branches of government, you may be surprised by the findings of this admittedly small study.

 

 

Avoiding Partnership Pitfalls: Top 10 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

 

Partnering 

 

     Corporate partnering in life science endeavors, or in any domain for that matter, is a tricky business fraught with potential pitfalls. And a mountain of words has been erected on this subject. Some better-than-average words have been produced by Wayne Koberstein in two recent articles. Check out Part 1 and Part 2 here.

 
Resources from our Archives 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
     Check out our Reading Room to view my published articles, presentations and white papers on a variety of topics.

 

     And, you can examine an archive of my prior newsletters (since February 2007).

 

 

What does Trilogy do? 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
     Trilogy Associates facilitates business growth and renewal through commercialization of new products, providing the following services:
  • Opportunity assessment
  • Business planning and enterprise growth strategies
  • New-product conceptualization, commercialization and marketing
  • Market research and competitive assessment
  • Business development and partnering
  • Market and technological due diligence
  • Assessment of the therapeutic and diagnostic potential of novel technologies
  • Design of efficient and effective development strategies for early-stage biomedical products
  • Business and technical writing/publishing

     Inquiries to establish whether and how we might support your business initiatives are always welcome.  Contact us.  And check out our partner, Innovalyst, A Catalyst for Innovation.

Contact Information
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
ContactInfoJoseph J. Kalinowski, Principal
919.533.6285
LinkedIn Profile: www.linkedin.com/in/trilogy
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~