Technical and scientific support and guidance
Projects and programs shrink and expand as needed, usually based on business priorities and access to resources. It is a challenge to manage such fluctuations; guiding your team is consequently a process, if not a form of art. Technical adeptness and strong interpersonal skills are the tools a leader needs to balance to create an action plan and its execution.
Operational support
It takes skills and strategy to profit from R&D. Leaders are exposed to a host of decisions to make an environment in which market and technological strategies evolve quickly. Biotech companies focus on reliability, efficiency, agility and differentiation. With the commoditized access of technology and reagents, our industry needs to become nimbler and faster. A big part of success is hiring the right people and collectively working to create a culture of innovation to turn vision into reality.
Intellectual property landscape survey and strategy
There is a plethora of information residing in patent databases and not only for FTO evaluation. Patents can reveal the trend in an industry and around emerging technologies. Filing patents is important, but in some cases it can be equally important not to file. Know-how and trade secrets are better to stay part of your internal knowledge rather than becoming public. Strategies for best protecting intellectual property needs to be constantly reevaluated.
Business guidance and network assistance
Not every product is equal and its respective market opportunities need to be evaluated carefully. Market size (kg vs. tons), product market value ($), COGS, current providers, and market trends are constantly fluctuating and need to be considered from the project's inception.