Masters of Scale Extraordinary leaps need solid foundations, part 1, w/Moderna CEO Stéphane Bancel
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May 24, 2022 Stéphane Bancel, CEO of Moderna, shares insights from his journey in pioneering mRNA vaccines. He discusses the importance of managing risk in biotech, revealing how a culture of calculated risk-taking was crucial for Moderna's success amidst skepticism. Bancel recounts transformative moments in Moderna's inception, linking them to challenges faced during the Apollo 11 mission. He also emphasizes the significance of communication and collaboration in shaping company culture, which drove their innovative response to the COVID-19 pandemic.
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Unexpected CEO Offer
- Stéphane Bancel was surprised to be offered the CEO position at BioMérieux due to his young age.
- Despite feeling overwhelmed, he accepted the challenge.
Conduct Listening Tours
- Conduct listening tours when joining a new company.
- Engage with employees to understand their perspectives and concerns.
Consistent Communication
- Establish a clear and consistent message within your organization.
- Repeat this message frequently to ensure everyone understands and aligns with it.