Resolutions for Revolutions: Making Plans for Big and Small Changes
Director of University Technology Transfer with a PhD in Microbiology, experienced in venture advising, funding startups, inventing, and holding patents. Former Vice President of Research and Operations turned COO in biopharma, now CEO at Ascend BioVentures. Combined expertise in managing research projects, negotiating deals, raising funds, and more within the pharmaceutical industry. Transitioned through various roles from scientist to consultant, seeking more direct impact and eventually leading as CEO. Project management and analytical skills drive career progression.
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Resolutions for Revolutions: Resolutions for Revolutions: making plans for big (and small changes)
Who am I? Director of Univ. Technology Transfer PhD in Microbiology Venture advisor/funder for Startup companies Inventor, Patent holder Vice President of Research and Operations then COO Accele BioPharma Startup Pharmaceutical company CEO at Ascend BioVentures
Ascend BioVentures Ascend BioVentures We help early stage startup companies develop new drugs We find technologies We analyze their potential (scientific, business, and legal) Form companies Raise money to fund the company Carry out the scientific plan Find potential partners to buy our companies Lather, Rinse, and Repeat
OKbut what do you DO? Work with Board Manage research projects inside and outside our companies Negotiate deals Write grants Raise money Investor relations Design experiments File and write reports to FDA, PHS, NIH Read and write scientific papers Review/write business plans and presentations Project Management Assess clinical viability Manage people inside and outside my company
What my resume looks like PhD in Microbiology Post doc in infectious disease BS in Microbiology Technology transfer (getting science out of university and into big pharma or pharma startups) Advised and funded Pharma Startups Manage Pharma Startup companies Scientist pharmaceutical company
What it felt like Again .what do I do when I graduate???? (but I have a skill set that others need occasionally) Consultant I am helping but I need more hands on PhD Tech Transfer Undergrad Director of education programs and advisor Scientist in industry What do I do after I graduate??? I know I will get a Master s Degree This doesn t feel like I am helping as much I want to I need more direct interaction VP then COO at Accele Oh no .I am so bored! I need to get away from the bench!! I may actually be good at this CEO
But it actually made sense Project management, Analytical thinking skills, Learned about patents communication skills Time management, writing skills, sales, marketing, animal facility rules and laws Consultant Project management, leadership, people management, communication, finance, startups, company funding, raising money, drug development PhD Director of education programs and advisor Tech Transfer Undergrad Scientist in industry Patent law, communicating between scientists and non scientists, business, marketing, sales, contracts, legal documents, negotiating General knowledge, communication skills How to work in a cross disciplinary team, company culture, efficiency, budgets VP, COO at Accele CEO Ascend
1 1 Be YOU Be YOU Be honest with yourself, be honest and authentic with others
Be honest with yourself Be honest with yourself What are you REALLY good at doing? What are you not good at? Can you fix it? How much effort would it require? Are you on the right path (or just on a path)?
Be honest Be honest What am I good at doing? Communicating Science-introvert style (writing, talking to large groups, interfacing between groups) Being organized Project management Problem solving and troubleshooting Planning-Big picture Making Decisions Multitasking Learning new skills Analyzing people
Be honest Be honest What am I NOT good at doing? Day to day experiments/bench work Detailed Analysis Communication-extrovert style Chemistry, Math Business Development/marketing/selling Doing the same thing over and over again
Get out of your head and dont stay on Get out of your head and don t stay on a path that isn t right for a path that isn t right for YOU YOU You will be happier You will have more passion You are much more likely to be successful Money, titles, status .that can come later (usually MUCH later).
Jungle gym not a ladder You don t always have to go straight up Rarely does anyone have a clean and straight path You won t know until much later which decisions actually matter .and then it is too late .so don t stress about it! Don t dwell on the past You can go back if you REALLY want to
Learn about yourself Learn about yourself Take a Myers Briggs test https://www.16personalities.com/free-personality-test What type of job I am good at Inclined to organize processes and deliver measurable results Jack of all trades Task focused Calm and practical What I need to improve and constantly work on Impatient, insensitive, hate the abstract, too high expectations, inflexible, stubborn, judgmental, too by the book, not open to deviation, selfish, easily disappointed YOUR PERSONALITY TYPE IS: LOGISTICIAN (ISTJ-T) This is all very interesting. Now give me the facts.
Learning about yourself Learning about yourself is an ongoing process is an ongoing process While core things about you may not change, there are other things that you can change If unsure about your job, go to a career counselor If new team, do team building If new to leadership, go through executive training
2 2 Speak up! Speak up! For yourself. For others. For science.
Speak up for yourself Don t expect to make a difference unless you speak up for yourself Laurie Halse Anderson
Own your voice own your power voice, power Understand what YOU want Figure out how you communicate the best Understand your audience Then.. speak up! Don t wait for just the right moment Don t ask for permission (I am working on this myself) Believe in your voice and your cause and your right to talk about it As Sheryl Sandberg says . Sit at the table. You won t get a corner office by sitting at the sidelines
Getting a job requires work AND speaking up Networking Networking Networking FACT: I have never gotten a job that was advertised
Lots of different ways to network LinkedIn Acquaintance, Mentors talk to industry salespeople Events Meetings/conferences Volunteer Present Attend receptions Professional groups (rotary, young prof, alumni) Find via chamber, twitter, linkedin, alumni, meetup Volunteer on a board, community, committee, the Office of research services, technology transfer, law school, student organizations, etc. Or even to help a company (write an SBIR grant). Nontraditional- Participate in a business plan competition Join non science groups Don t just network with other scientists! This is important to you AND to non-science people.
Networking is about building a relationship Network Network Network Connect Connect And you guessed it connect
Once you are at an event Have a game plan Prepare your elevator speech and practice it Business cards and pen Call the event organizers and get their thoughts. This is my first time attending If you can find attendee list, reach out beforehand If you don t know anybody, have a goal Talk to X number of people If you know somebody Don t hang out with them the whole time! Use them to recharge or give an introduction Don t be too Aggressive or have a I need a job now! vibe Would you be my mentor?
Once you are there Plan Interact Think about what you want to learn Be sincere When in doubt, stand by food or bar Know what you want to say About yourself Elevator Pitch and a good handshake Ice breakers Be a good listener Offer help (referrals, etc) Ask open ended questions Give good introductions (not based on title only) Pay attention (no scanning!) Manage your time Know how to leave conversation
After.. Write notes on their business card (what you talked about, what they looked like, and follow up instructions) Send a follow up email or LinkedIn request (reminding them of where you met and what you discussed) Do it again. Practice
Alsoat events Don t drink (or at least no more than one). And if you do don t be photographed with alcohol. Clean up your social media Dress professionally Wear your nametag .. On the right side (person can shake hands, look you in the eye, and still see your name) Consider a business card and business card holder If a dinner/lunch, learn basic table manners (you can focus on topics not choosing a fork). Don t order soup or spaghetti. Trust me B and D When it doubt, wait and watch Have someone give a talk on the basics for your student group or see if career services (or watch videos online).
And. Adapt your resume and cover letter per the job NEVER email to Hr@company.com with a Dear Sir or Madame or to whom it may concern. You may already have the skills, you just need the right package budget, writing, managing people, communication Clean up your social media Referrals get jobs (hence the value of networking).
Speak up for others
Speak up for others Speak up for others If you re a man, talk about it with women/minorities, promote women/minorities If you are a woman, promote other women and minorities 1. 2. Be an advocate We all have to work to create open and candid dialogs that help others feel comfortable talking about these difficult topics without fear of condemnation or judgement.
Speak up for others Speak up for others Confront someone who is overtly discriminating (or just taking credit) Ask others their opinion at meetings Promote others accomplishments Bring up lack of diversity in the workplace Acknowledge and reward different work and leadership styles Remove names from resumes Pay market rate not personal work history Help ensure a company culture that rewards data-based outcomes (not face time or hours worked or good self-promoters) 1. 2. 3. 4. 5. 6. 7. 8.
Speak up for Science Speak up for Science We have a problem We have to communicate We have to integrate We have to be involved Our job as scientists is to perpetuate knowledge A lot of Americans don t know a single scientist. We need to fix that By SARA WHITLOCK FEBRUARY 7, 2017 STAT NEWS
3 3 Stand up! For yourself. For others.
Advocating for yourself Advocating for yourself Find a way to talk about what you are accomplishing LinkedIn, blogging, etc Supportive network that advocates for you Ask someone to nominate you BE BRAVE There are risks to everything Too many resources around you to not try something new If you fail, move on Nobody is perfect. Perfection is the enemy of good
Advocating for others Advocating for others Can be big Advocacy groups Talking to your reps Volunteering at organizations But can be small too Be a mentor Philanthropy Promoting of others Voting So many of the things we do on a daily could be done a bit different
4 4 Shut up And by that I mean, learn the power of NO!
Give your time and effort to things and people that are meaningful to you You can say no And you don t have to say why! Examples: No to committees, volunteering, extra projects, after-school, volunteering, and even fun things
When is it more than stress? When is it more than stress? Take care of yourself Take care of each other Talk about this more
I knowit seems overwhelming
5 5 Start small and focus You don t have to fight all the fights or do all the things! Pick the things you are passionate about or love the most If you give up take a breath Right size your steps
Anything worth doing is worth doing poorly .because doing it poorly is better than not doing it. Do things halfway. There. Now you are 100% better off than you were before
Examples of what I do and am trying to do better
Me? Me? Found supportive environments. Bosses that are specifically interested in promoting women in science and business That have a flexible work arrangements and tools to facilitate work-life integration. Have a partner not just a spouse. Negotiated my pay Talk about myself and take a compliment Found my way of networking. Avoid places that reward face time Work on my own biases
Me? Me? Created a strong network of colleagues and friends that I work hard to continually build and nurture and introduce others to this network Found mentor(s) and a sponsor Know when I need help Acted my job title Contact state reps on the reg Joined an advocacy group that goes to Washington DC Vote Paid it back Donate time and financially to causes that are important to me I donate monthly to the following:
Lets review some Let s review some resolutions resolutions Stand up Be you Speak up For yourself and others Be honest with yourself and with others For yourself, others, and science Visibility shows possibility Shut up Start small and focused Guard your time and learn the word NO Every little bit helps Just. Start.
Thanks! Any questions? Want a copy of this PPT? You can find me at: ehamm@acscendbioventures.com https://www.linkedin.com/in/elaine-hamm-phd/
Resources for career development Science careers Women focused General Career
Resources career development Resources career development Networking Management
Resources for science Resources for science Websites, articles, and courses Science-Based Medicine Futurism http://callingbullshit.org/syllabus.html Sense about science http://senseaboutscience.org/activities/ The difference between science and pseudoscience https://www.scientificamerican.com/ /the-difference- betwee / Aspiring Thinkers Guide to Critical Thinking http://www.criticalthinking.org/ /SAM_Aspiring_Thin kers_Gui The Miniature Guide to The Foundation for Critical Thinking https://www.plymouth.ac.uk/ /p /1/1710/Critical_Th inking.pdf
