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Navigating Leadership in Biotech
This chapter explores the evolution of leadership styles in the biotech industry, underscoring the necessity of authenticity and passion in overcoming challenges like lengthy drug development cycles and high failure rates. It examines Biogen's leadership transition in 2010, focusing on the strategic decisions to streamline operations and revive company morale amid financial pressures. The narrative emphasizes creating an innovative culture that embraces calculated risks and learning from failures to drive sustainable growth.