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In fact, The Brattle Group founders we convinced that by getting the firm culture just right, consulting could be the most fun way to make money. Product liability. In healthcare, the firm focuses on the enormous and fast-growing sectors of pharmaceuticals, medical devices, and biotechnology. THE BRATTLE GROUP CULTURE.
The Silicon Valley office is especially fast paced with a highly entrepreneurial culture. In addition, McKinsey’s Bay Area offices are some of the most culturally diverse in the entire firm: 30+ nationalities are represented in this region alone! The San Francisco office has also developed a strong learning culture.
In virtually every advanced field, whether it’s information technology, biotechnology, agriculture, or renewable energy, America holds a leading position. To account for its success, many point to America’s entrepreneurial culture, its tolerance for failure and its unique ecosystem of venture funding.
In her pioneering research on Silicon Valley’s advantage over Route 128 circa 1990, AnnaLee Saxenian identified some of the major differentiators, from cultural factors to state-level policies. Silicon Valley benefited from a more free-wheeling, less hierarchical, and more risk-taking culture than New England.
Take the decision of Sam Waksal, the former CEO of the emerging biotechnology company ImClone Systems. Remaining efficient and productive overtook deeper reflection on the ethical implications of “selling” products to customers without their knowledge.
As many people know, Alexander Fleming originally discovered the miracle cure in 1928, when his bacteria culture was contaminated by a mold. The private sector spends three times that , mostly on translational research intended to transform basic discoveries into new products. Yet the Valley of Death still remains.
Received wisdom is that the more diverse the teams in terms of age, ethnicity, and gender, the more creative and productive they are likely to be. They are independent of our education, our culture, and other social conditioning. We worked with a startup biotechnology company. There are cultural barriers to cognitive diversity.
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