Confronting risk

Article Abstract:

A survey conducted in 2005 reveals that protecting against risks via enterprise risk management (ERM) program could lead to competitive advantages that include making better-informed decisions, having greater management consensus, and increased profitability. It is important to reassess a company's risk annually as external and internal variables are constantly changing and a company needs to conduct exercise at least once a year both at operations and strategic areas involving as many staff to test its reaction to possible risk scenarios.

United States, Direct Property and Casualty Insurance Carriers, Surety insurance, Commercial Property & Liability Insur, Venture Analysis, Risk assessment, Surveys, Business insurance, Survey, Business risk

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Casual Fridays extended

Article Abstract:

Networking is becoming an absolute necessary for successful career and people are finding informal networking an important route to a life science professional's successful career rather than a formal networking event. The casual environment at different places in a career where everybody is biking, surfing the waves, playing or doing activities that excite them while discussing about families, vacations and also topics about the business futures and networking is helping in building relationship that helps in business and life.

Drugs, Biotechnology industry, Biotechnology industries, Business networks (Social groups)

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Grant writing for scientist-entrepreneurs

Article Abstract:

The academic-turned-entrepreneurs require small business grants for funding their companies from The National Institutes of Health Small Business Innovative Research (SBIR) and Small Business Technology Transfer (STTR). Tips are provided on SBIR/STTR writing like when and whether to apply for an SBIR/STTR, SBIR study sections, and many others, which could be of a great help for the academic-turned-entrepreneur.

Administration of General Economic Programs, Small Business Aid Programs, Businesspeople, Small business assistance, Entrepreneurship, Entrepreneurs

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