Four Takeaways from "Navigating Turbulence by Sourcing Innovation"

My colleague Jonathan Hughes, one of the partners at Vantage Partners, was recently invited to share current (and ongoing) research and case studies on joint innovations with suppliers. In the webinar hosted by the Institute for Supply Management, Jon—who serves on ISM’s Thought Leadership Council—focused on insights and best practices directly relevant to challenges posed by COVID-19. More than 300 ISM members participated in the event; ISM members who missed the live session can access the recording in the On-Demand section on the ISM website.    […]

Five Tips for Leading Remote Teams

We’ve replaced commutes with walks through the house, meetings with video calls, and coworkers with family, roommates, and pets. As leaders of newly virtual teams, you may feel stuck, unable to lead your teams in a way that you did just a few weeks ago. Here are five tips to help you navigate this new normal. […]

Topics & Trends: March 2020

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How to Keep Focused on Your People: Engagement and Learning in the 'New Normal'

The evolving news regarding COVID-19 creates significant challenges for every business. We must act to protect the health of our employees, and we must safeguard the continuity of business operations through this extremely challenging and uncertain period. Even as we focus on complex operational issues like ensuring the viability of our supply chains and upgrading technology to support newly virtualized workflows, we need to put more focus than ever on our people and their well-being. The old dichotomy between “hard” business issues and “soft” people issues was never helpful. Now is the time to dispense with it altogether. […]

Topics & Trends: February 2020

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Three Can’t-Miss Vantage Sessions at 2020 ASAP Global Alliance Summit

Note: Due to health concerns, ASAP has made the difficult decision to postpone this event. We will update this post and the event page with new dates as soon as possible. Vantage executives will lead three sessions at the March 16-18, 2020 ASAP Global Alliance Summit. Vantage is a Platinum Sponsor of the event, held this year at the Renaissance Tampa International Plaza Hotel in Tampa, Florida USA. Vantage session topics include: […]

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Influencing ‘Unreasonable People’: How to Break the Cycle of Dismissal

84% of people report they sometimes or often need to influence “unreasonable” counterparts within their companies, a multi-year Vantage study finds. At one out of every four companies, people predominantly rely on manipulation or coercion to get their way. How can we navigate a workplace where we need the cooperation and assistance of others who often seem disinclined to provide it? We need better ways to influence others—and a new way to think about what influence is. […]

Finding Real Value in Value-Based Agreements: Know When VBAs Make Sense—and How to Do Them Well

Value-based or pay-for-performance approaches to reimbursement for drugs and devices represent a significant opportunity for innovation—but one that is often missed or misperceived by manufacturers and payers. This article takes a closer look at the current use of value-based agreements, how strategy informs their focus and development, and the very different set of skills it takes to prepare for and negotiate value-based agreements that actually create significant value for key stakeholders—including, most importantly, patients seeking access to new and often high-cost therapies.  […]

Three Takeaways from the ASAP BioPharma Conference

ASAP’s 2019 BioPharma conference was one for the record books. This year’s conference was the most well attended to date. It’s no surprise to us that this record was achieved as the biopharma partnering landscape continues to evolve in new and interesting ways, including: working across industry boundaries designing and executing new types of alliances managing challenges and pursuing opportunities in creative ways expanding within organizations to build broad partnering capability […]

Fit-For-Purpose Metrics

Leaders have more data, and more timely data, at their fingertips than ever before. But too often, access to more and better data doesn’t translate to better insights.  Metrics are frequently defined based on what is what easiest to measure.  But as the old saw goes, not everything that counts can be counted, and not everything that can be counted counts. […]