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Stephen is the CEO and founder of the contract development and manufacturing firm, Kymanox. He has over 20 years of cGMP biopharma manufacturing experience as a process engineer, project manager, and regulatory advisor. Before starting Kymanox, Stephen held various leadership roles supporting successful scale-up, start-up and commercialization initiatives atÂ M+W Group,Â Abbott Laboratories,Â Covance Biotechnology Services,Â Diosynth BiotechnologyÂ andÂ Human Genome Sciences. Stephen graduated with high honors with a degree in Chemical Engineering from theÂ University of Notre Dame. He has also studied at the graduate level atÂ Purdue University. Stephen speaks regularly as an industry expert onÂ technology transfer,Â project management, risk management, andÂ validation.
Top C-suite leaders are already tuning their long-range planning, hiring practices, and business systems for elasticity. Are you ready?
For highly educated, highly capable workers, there is an unspoken understanding that change and continuous improvement are part of a rewarding career. The 1998 bestseller, Who Moved My Cheese, attempted to educate the masses on this concept , as did The Seven Habits of Highly Effective People a decade earlier. Countless overachievers over the past millennium have said, in one way or another, “You are either growing, or you are shrinking.”
Fast forward to the brink of 2017, and a new concept is emerging among the business elite. That concept is elasticity. It can be applied to anything (e.g., artificial intelligence software, brick-and-mortar factories), but is best applied to human resources because humans still make everything “go”-at least for now. Top C-suite leaders are already tuning their long-range planning, hiring practices, and business systems for elasticity.
So, what does it mean to have an employee or organization that has elasticity? Let’s look at two quick and simple examples:
In the end, elasticity is really about being progressive, modern, and adaptive. It’s about taking some risk, but having accountability for outcomes so that risk is managed effectively.
To further explain, the following are the Top 10 principles that help foster companies and individuals with elasticity:
If you can frame yourself or your organization within the elasticity paradigm, you’ll be well equipped for all the twists and turns that are certain to come your way. New big contract? We’ll kill it! Recession? No problem. Natural disaster? We’ll prevail. Martian invasion? Elastigirl to the rescue!