Wednesday, April 7th 2021

This week in
Consulting

Not all roads lead to R&D productivity…

This week’s must read

increasing-rd-productivity.pdf

Since the birth of the pharma industry, research and development (R&D) has been the most critical function.

The lack of R&D productivity in the pharma industry is among its top leaders’ concerns, which is not surprising. This study conducted by Russell Reynolds Associates reveals how the industry must reinvent itself to improve productivity.

This Week’s Must Read is an insight piece from Russell Reynolds Associates about how R&D evolves in the pharma industry.

@Russell Reynolds Associates

Thought Leadership

The future of digital R&D – Improving the innovation process with AI, featuring Kevin See | PatSnap

This episode will focus on the impact of AI as a method of invention that can reshape the nature of the innovation process and the organization of R&D.

In this podcast, Ray Chohan and Kevin See explore the impact of AI on lowering the cost of R&D, increasing research productivity, and creating more value for consumers and shareholders.

Ray Chohan@PatSnap and Kevin See@ Lux Research

deloitte-uk-measuring-return-on-pharma-innovation-report-2018.pdf

Welcome to Unlocking R&D productivity, the ninth annual report from the Deloitte Centre for Health Solutions exploring the performance of the biopharmaceutical industry and its ability to generate returns frominvestment in innovative new products

This report from the Deloitte Centre for Health Solutions explores the biopharmaceutical industry’s performance and its ability to generate returns from investment in innovative new products.

Colin Terry and Neil Lesser @Deloitte

Real Innovation Requires More Than an R&D Budget

It’s about discovery, incubation, and acceleration.

Corporate leaders focused on long-term value creation need to recognize that developing business applications, revenue models, and markets for new products often requires as much time and resources. Shouldn’t a strong innovation function be the norm for any sustainable and successful company?

Gina O’Connor@Babson College

Transforming AstraZeneca’s R&D productivity

A bold vision can increase resilience when facing immediate challenges

AstraZeneca continuously looks to the future, giving their scientists time for curiosity and original thinking, enabling them to follow the science, further improve our R&D success rate, and deliver transformative treatments for patients. For once, let’s have a look at the client’s perspective.

@AstraZeneca

This week’s Consulting News

Bank of America acquires healthcare payments startup Axia

Bank of America today announced that it has acquired Axia Technologies, Inc. (“AxiaMed”), an industry-leading health care payment and technology company focused on facilitating secure patient payments.

| @Finextra

Pfizer In Talks With Israel For New COVID-19 Vaccine Supply Deal: Reuters

Pfizer Inc (NYSE: PFE) is reportedly working on a new COVID-19 vaccine supply deal to Israel after an initial agreement announced in late 2020 has ended....

| Vandana Singh@Benzinga

Global Security Services Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Market Forecasts, Analysis 2021-2025 | SpendEdge

/PRNewswire/ -- The Security Services market will register an incremental spend of about USD 108.2 Billion, growing at a CAGR of 6.13% during the five-year...

| @PR newswire

Coeus helps financial services client with digital transformation

Coeus Consulting has delivered a digital transformation projects on behalf of a client in the financial services industry.

| @Consultancy.uk

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This week’s media

Nestlé’s R&D teams are committed to accelerating the development of innovative products and systems by bringing together Nestlé scientists, students, and start-ups to advance science and technology. This short video present 6 simple steps used by Nestlé to accelerate innovation.

Consulting sourcing tips

Podcast | How to evaluate the quality of a consultant?

by Hélène Laffitte | Oct 21, 2021 | Clients, Managing The Consulting Category, Podcast

It's not easy to find a consulting firm that meets all of your criteria, but it's well worth the effort! By following this straightforward process, you'll find the best fit for you and your project. On this week’s Smart consulting Sourcing podcast, I tell you how to...

5 Mistakes When Sourcing Consultants You Should Avoid

by Hélène Laffitte | Oct 19, 2021 | Post of the Week, Clients, Managing the Consulting Sourcing Process

5 Mistakes When Sourcing Consultants You Should AvoidPeople make many mistakes when sourcing consultants, and it can be challenging to avoid them all. The following are five of the most common mistakes that people make when sourcing consultants.5...

Podcast | How to qualify a consulting firm for a project?

by Hélène Laffitte | Oct 14, 2021 | Clients, Defining the Needs and Finding a Consultant, Podcast

There are several markers that define the “Consulting DNA” of a company: the obvious capability & industry experience, but also the footprint, culture, and delivery model. On this week’s Smart consulting Sourcing podcast, I tell you how to qualify a consulting...

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