Internal risks are faced by a company from within its organization and arise during the normal operations of the company. These risks can be forecasted with some reliability, and therefore, a company has a good chance of reducing internal business risk. External…   Read more»

Project risk management is the process of identifying, analyzing, and responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal. Risk management isn’t reactive only; it…   Read more»

Middle managers serve as liaisons between executive-level and lower-level employees. They’re on the frontline of implementing the vision of senior management through the teamwork of junior employees under their supervision. Middle management positions exist to implement upper management’s orders through…   Read more»

 I think I would enjoy working in a Project-based Organization. As a team player, I think it would assure me to know that the leading managers are communicating together before assigning roles. It is also encouraging to know that the…   Read more»

Currently, I work as a viral vector manufacturer at the NIH. I would consider my team to be a Project-based Organization due to the leadership style of the management team. My facility is comprised of the chief officer who leads the entire…   Read more»

An LLP has varying limited liability protections. The partners of an LLP might also have limited liability, but the degree of liability protection depends on the state where the LLP was filed. In some states, LLP partners aren’t responsible for another…   Read more»

LLCs and LLPs share many characteristics. They can both offer owners limited liability, tax benefits, and flexible management roles. But on closer look, these business structures differ in a meaningful way. Both provide limited liability for owners. Both an LLC and…   Read more»

This is the most difficult aspect of the conversation but also the most important. There are myriad reasons a job won’t be a perfect fit and many of them are perfectly plausible and valid. Others may be harder to justify…   Read more»

The first goal of root cause analysis is to discover the root cause of a problem or event. The second goal is to fully understand how to fix, compensate, or learn from any underlying issues within the root cause. The third goal is to apply…   Read more»

R&D cooperation has become a core aspect of the innovation strategy of R&D-performing organizations over the last three decades. Globalization has increased the imperative to organize these cross-border, inter-firm agreements efficiently, and this has led to a cross-fertilization of ideas…   Read more»

Quality management is the planning stage where quality standards are agreed upon, responsible parties are assigned, specs are decided, meetings are planned, and metrics are defined to determine how well the project meets the outlined specifications.  quality management is the…   Read more»

Clinical trials for pharmaceuticals and medical devices offer many opportunities for failure. Failures can arise from a lack of efficacy, issues with safety, or a lack of funding to complete a trial, as well as other factors such as failing…   Read more»

For some, an appealing aspect of working in academia is the freedom to dictate your own schedule, choosing when to teach, conduct research, and publish your work. By not having to answer to anyone about how you allocate your time,…   Read more»

Nonhuman animal experimentation is typically defended by arguments that it is reliable, that animals provide sufficiently good models of human biology and diseases to yield relevant information, and that, consequently, its use provides major human health benefits. I demonstrate that…   Read more»

My preference is industry work. One of the main aspects of industry careers that everyone should be aware of is the strong financially oriented goals. Typically these goals determine the pace of the workspace in terms of procedures and deadlines….   Read more»

Changing careers can be challenging at times but with the right education and training programs it can be executed. In my medical devices class, we researched Medical Device Development Professional programs and important topics that should be included. When looking…   Read more»

I prefer being in the office because I am more of a hands-on and visual worker. Remote work grants the liberty of being able to work from wherever but I feel it leaves room for error. Being in the office…   Read more»