Q&A

What Are The Keys To Running A Successful Business In The Midst Of Immense Distraction (E.G., Hostile Takeover)?

Source: Life Science Leader
SESHANEERVANNAN

Treat and respect the staff as professionals, be honest about the situation, and provide as much information as possible. In this age of Twitter, online message boards, Instagram, news feeds, etc., information is out there — correct or fabricated — for all to see. Executives need to react and do damage control in a transparent and honest way before things get out of hand. Another way to manage morale for maximum productivity is to enlist trusted leaders and have them communicate frequently with key staff. Often, being productive, in addition to keeping the mind off of the distractions, will actually help with the negative situation and position the organization to come through this troubled time in a positive manner.

SESHA NEERVANNAN, PH.D.
Sesha Neervannan, Ph.D., VP of pharmaceutical development at Allergan, oversees a wide variety of CMC (chemistry, manufacturing, and controls) activities related to drug development from early discovery to commercialization.