Outsourcing Reimagined: How a Biotech Transformed Its CRO Strategy

A summary of a recent project to help a biotech company revise its outsourcing strategy and select the right CRO for them. Challenge: Traditional CRO partnerships weren’t meeting the biotech’s needs for agility, transparency, and efficiency. Large CROs often prioritize profits from change orders (i.e. building in the idea that things will go wrong from […]

Co-creation and Innovation in outsourcing partnerships – part two

Overcoming the barriers that hinder co-creation and innovation in outsourcing partnerships Establishing the right conditions for co-creation and innovation in outsourcing partnerships is crucial. It requires the upfront investment of time and resource. Considerations for success include: Alignment: Ensure agreement on the shared vision, goals and objectives. Organisational culture and structure: Address rigid hierarchies and […]

Co-creation and Innovation in Outsourcing Partnerships – part one

Co-creation : The crucial ingredient for superior partnerships and teams Businesses are facing continuous disruption from both internal and external forces and need to adapt fast in an uncertain environment. Faced with such challenges, I frequently observe partnerships and teams that have become stuck and are unable to challenge the status quo. The resulting tension stifles innovation […]

How a Mid-sized Biotech Company Optimized its Outsourcing Strategy

Many small to mid-sized biotechs experience challenges with being understood by the large CRO’s. The requirement for flexibility and agility, plus the evolving and adaptive nature of their trial designs, was often lost in the traditional method of selecting and sourcing partners. From the start of the project, the ClinEco team identified a need for […]