Value creation in Life Sciences 77: When “Efficiency” Backfires – in Biotech and in Life
When “Efficiency” Backfires — in Biotech and in Life
A recent small power outage in Spain and Portugal created unexpected anxiety. Supermarkets couldn’t process card payments — no electricity.
Luckily, I had cash.
How many times have you been late to a meeting…
Not because you left late, but because something unexpected happened?
- The train was delayed.
- The bus was full.
- You missed your connection.
Or maybe you carefully calculated the cost of renovating your patio… but halfway through, the costs doubled.
Or you raised €30M to run a Phase 3 trial, expecting it to last two years… but now you’re short of funds because something changed along the way.
What’s the common thread?
We plan as if everything will go right.
But the world doesn’t work that way.
The real question
So — how do you build systems that can absorb shocks?
I explore that in this short video.
Thanks for watching! 👋
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