by Damien | Feb 15, 2016 | EDC Blog, Management
Budgets can help you understand fixed costs, like salaries and maintenance contracts. However, everyone in science knows that the variable costs associated with research are as predictable as the hypothesis itself. Therefore, to understand what those variables are, and to predict them, requires collecting the financial data associated with the science. It requires us to be able to separate those costs relative to the projects and operations.
by Damien | Feb 8, 2016 | EDC Blog, Management
Focus your efforts toward being mindful with your decisions on what to act upon. There are always going to be distractions and these distractions can derail the focus toward deep work. It is that deep work that’s important to really develop novel breakthroughs and innovative approaches to your work.
by Damien | Jan 18, 2016 | EDC Blog, Lifestyle, Management
Your mental energy matters significantly, because knowledge work requires deep concentration and creativity. Many young research scientists struggle with time management, not only as a product of time, but that of mental energy. The cognitive load that one experiences can be tremendous, especially when it comes to intellectual focus and decision making. This is a critical resource that shouldn’t be taken lightly. The results can be catastrophic when we’re deciding whether to invest our time into completing a manuscript or completing another assay. Therefore, we need to make room to reserve our most critical thinking during times where we’re most refreshed and focused.
by Damien | Jan 4, 2016 | EDC Blog, Management
Many times, it’s not so much the changes that are difficult, it’s the purpose behind those changes that make it difficult. If we align the big goals and cause of our resolutions to our overall vision of who we want to be, the tasks associated with it become increasingly small and manageable.
by Damien | Aug 24, 2015 | EDC Blog
Are biotech startups that much different from academic startups? How do business investors know which ones to invest in? What do academics know about business? It’s 2015, and biotech has been through a roller coaster boom since the early 1980s. Research has shown that...