Design - CBygrave_JFairfield_MDutrisac_SClement.wav

By ronadmin, 26 September, 2023
Job ID
1695715793
Duration
8253seconds
Summary
- The Roche Canada story essentially began in the early to mid 90s. The pharmaceutical industry has long been one of the world's most complex. I'm going to briefly describe some of that Turbulence and Change how Roche as a corporation decided to respond to that.
- Kevin is a very, very smart young man who's not had a lot of education. By using patterns that you can see when you're working at your level versus the individual detail that he's working, you're able to make different kinds of decisions. It's just how you decide to conceptualize the issue.
- There's a shift in the number of functions that you have to cross integrate in order to move up level. At the MD level, the reason why time is required to resolve complex problems. And that's what drives time.
- Great strategies are always a level shift. China is hammering everybody in any tradable product. If you can make it, it's better to be made in China. To change, you're going to have to go up to the next level.
- High level strategy demands large negative cash flows. There's a decay curve on every business's cash flow. The dominant player in the market is operating one level above the others. You got to keep coming back to reality.
- That's enough. We'll leave a little bit of time for questions. Any questions out there? Everybody's hungry? It was great. Thank you very much.