Few & Far Between: Conversations from the Front Lines of Drug Development Episode 46: Ben Olds and Amy Fenollosa, Haven Human Asset Ventures
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Jan 15, 2025 In this discussion, Ben Olds, an Executive Coach and Managing Partner at Haven Human Asset Ventures, and Amy Fenollosa, also a Managing Partner, delve into the complexities of leadership in biotech. They emphasize the necessity of nurturing an intentional company culture that encourages innovation and open communication. The duo discusses fostering psychological safety, the importance of constructive feedback, and the value of embracing intelligent failure in leadership. They also touch on personalized management strategies that respect individual team members’ needs.
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Building Company Culture
- Define your desired company culture early on, considering behaviors, not just words on a wall.
- Focus on celebrating good and removing tolerated bad behavior for sustainable impact.
Value Statement Trade-offs
- Value statements should guide behavior by acknowledging trade-offs.
- For example, "innovation" often requires accepting less "efficiency."
Cascading Psychological Safety
- Psychological safety is essential but must exist throughout an organization, not just at the top.
- Leaders should promote open dialogue and reward vulnerability for wider safety.
