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Fostering a Culture of Innovation, From Evolutionary To Revolutionary

 
• By David Wild

Innovation is a key to long-term success for biopharma companies, but building the right climate to foster creative problem-solving is challenging. Questioning assumptions and constraining the target of innovation can propel a company forward.

Diversity, Constraints and Change Help Drive Innovation • Source: Shutterstock

Innovation, a buzzword in the biopharma industry, means different things to different people, but fostering a culture of creative problem-solving requires mindful and deliberate action. Embracing risk, bringing on diverse perspectives, encouraging collaboration and leveraging emerging technologies can drive incremental gains and lead to revolutionary discoveries.

A bedrock tenet of successful innovative thinking is constantly re-examining one’s assumptions, said Andrew Hopkins, founder and CEO of

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