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Kathy Giusti
Mananpreet Singh Ahuja
Mir Mohammed Ali Khan
Lei Jin
Fan Mo
BMT855 - Leadership
March 28, 2016
Who is Kathy Giusti?
Kathy Giusti’s Story
Diagnosed with Multiple Myeloma.
Only 3 years to live
Same treatments used as in 1950s
sdfsdf
10 years for FDA to approve drug
Few MM patients at each centre
What did Kathy do about it?
Vision:
Find the right partners
Focus on the research and getting results
Collaborate with all stakeholders and keep patients 1st
What was the outcome?
In 10 years … 6 drugs approved
Doubled the lifespan of patients
Kathy is still with us today
4000+ tissue samples in the bank
MM Genome sequence = complete
“The greatest cost of leading is the cost
of paving the way.”
Kathy’s Achievements
What is she doing today?
Sharing research model
2011 - CoMMpass Study
$40 million
Open-source & IP-Free ecosystem.
1000 Patients
What makes her a good leader?
Make Vision with team and Partners
Focus on accelerating cures
Execute the work flawlessly
Be the best mother and role model
Transformational Leadership
Idealized influence -----1.Act as strong role
models for followers and respect them
2. Feel proud of the work they do towards their
shared goals.
Inspirational motivation---- 1. Show high
expectations
2. Motivate them to go beyond their self-
interests
Transformational Leadership
Intellectual Stimulation ---- Focus on
encouraging innovation
Individualized consideration ---- 1.Leader
creates a supportive environment
2. Addresses each one in a unique way through
coaching, mentoring, etc...
Authentic Leadership
Purpose (Passion)
Values (Behaviour)
Authentic Leadership
Relationship (Connectedness)
Self-Discipline (Consistency)
Heart (Compassion)
Gender and Leadership
The Glass Ceiling
Three reasons:
Human Capital Differences
Gender Differences in Leadership
Prejudice and Biases
Conclusion
Changes in workplace norms and
development positions being available to
women
Gender equity in domestic responsibilities
Greater negotiation power for women in work-
life balance issues
Women owned businesses
Changes in incongruity between women and
leadership

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Kathy giusti

  • 1. Kathy Giusti Mananpreet Singh Ahuja Mir Mohammed Ali Khan Lei Jin Fan Mo BMT855 - Leadership March 28, 2016
  • 2. Who is Kathy Giusti?
  • 3. Kathy Giusti’s Story Diagnosed with Multiple Myeloma. Only 3 years to live Same treatments used as in 1950s sdfsdf 10 years for FDA to approve drug Few MM patients at each centre
  • 4. What did Kathy do about it? Vision: Find the right partners Focus on the research and getting results Collaborate with all stakeholders and keep patients 1st
  • 5. What was the outcome? In 10 years … 6 drugs approved Doubled the lifespan of patients Kathy is still with us today 4000+ tissue samples in the bank MM Genome sequence = complete “The greatest cost of leading is the cost of paving the way.”
  • 7. What is she doing today? Sharing research model 2011 - CoMMpass Study $40 million Open-source & IP-Free ecosystem. 1000 Patients
  • 8. What makes her a good leader? Make Vision with team and Partners Focus on accelerating cures Execute the work flawlessly Be the best mother and role model
  • 9. Transformational Leadership Idealized influence -----1.Act as strong role models for followers and respect them 2. Feel proud of the work they do towards their shared goals. Inspirational motivation---- 1. Show high expectations 2. Motivate them to go beyond their self- interests
  • 10. Transformational Leadership Intellectual Stimulation ---- Focus on encouraging innovation Individualized consideration ---- 1.Leader creates a supportive environment 2. Addresses each one in a unique way through coaching, mentoring, etc...
  • 13. Gender and Leadership The Glass Ceiling Three reasons: Human Capital Differences Gender Differences in Leadership Prejudice and Biases
  • 14. Conclusion Changes in workplace norms and development positions being available to women Gender equity in domestic responsibilities Greater negotiation power for women in work- life balance issues Women owned businesses Changes in incongruity between women and leadership

Editor's Notes

  1. Image from harvard magazine(www.harvardmagazine.com ) Brief = short = small
  2. Presenter: Mananpreet Script: Kathy Giusti was born in 1958. She studied MBA in Harvard Business School. She worked at merck and company(a pharmaceutical firm),Gillette,G.D. searle and company. She got married.she has one year old daughter.
  3. Presenter: Mananpreet Script: She was diagnosed with blood cancer. Her doctor told her there is no cure for the disease. She was devastated.
  4. Presenter: Mohammed Script: Kathy realized the inefficiencies of the current Cancer Research system and decided to do something about it. She founded the Multiple Myeloma Research Foundation in 1998 with her twin sister Karen Andrews. She used her 20 years of experience in business and the pharmaceutical industry to run this non-profit. Find the right partners who were more interested in finding treatments than being the first to publish or patent MMRF created the first centralized tissue bank for MM where all the data from all the different medical centres could be collected and shared with all stakeholders. Kathy wanted to increase the access to data and hopefully allow scientists to come up with more innovative research models that would help develop new treatments faster.
  5. Presenter: Mohammed Script: In the last 10 years, the MMRF has been able to get 6 drugs approved by the FDA. The lifespan of patients has now doubled. Kathy is still with us today. Her daughter Nicole is going to College and her son David will be going two years later. Her centralized tissue bank has over 4000 samples for scientists to study MMRF has been able to successfully sequence the MM genome which is a huge step forward. Kathy has faced endless resistance but she says …
  6. Presenter: Mananpreet Script: She ranked 19 on fortune magazine. She was listed in time magazine. She won leadership award. She was recognized by white house. She won medal for her work.
  7. Presenter: Mananpreet Script: She is sharing her research model. She launched $40 million project. The project collects and analyses data of 1000 multiple myeloma patients. She brought many people together.
  8. Presenter: Mo Fan or Jin Lei Script: Kathy is a good leader because: The most important thing for Kathy was to stay true to the vision she had created with her great team and partners. She made the MMRF did not stray from their vision of accelerating cures even when many people suggested to her to try the advocacy and policy side. She believes in executing the work flawlessly and has the same high expectations of her followers. One of her goals was to become the best mother and role model she could be. Her persistence has brought together many stakeholders including competitors, pharmaceutical companies, academic institutions etc.. to help find the best treatment for the right patient.
  9. Presenter: Mo Fan Script: Transformational leadership is about leaders engaging their followers and creating a connection that helps them enhance motivation and morality between both parties. This leadership style makes heavy use of influence as they are often trying to change the norm. Charisma and referent power play a strong role in making a leader effective. This leadership approach also looks at the needs of the follower and the greater good of the community. The Model of Transformational Leadership has 7 main factors. We will focus on the first four that are connected to this type of leadership Factor 1: Idealized Influence & Charisma Leaders are strong role models whose followers try to emulate them, deeply respect them and feel proud of the work they do towards their shared goals. Kathy is battling multiple myeloma and she understands the needs of her followers. Her ability to influence all stakeholders including patients, academic institutions, physicians etc… shows her high level of charisma Factor 2: Inspirational Motivation Leaders show high expectations of their followers and motivate them to go beyond their self-interests for the sake of the vision or organization. Kathy was able to inspire a 1000 patients to share their genomic data with the world. This was possible because she was able to convince them of the importance of their shared vision.
  10. Factor 3: Intellectual Stimulation The Leader is focused on encouraging innovation. They allow their followers to stay true to their values while still being creative with their problem solving. Kathy created the CoMMpass study which was all about encouraging scientists and researchers to be innovative in their creation of treatments. Factor 4: Individualized Consideration The leader creates a supportive environment for the followers and addresses each one in a unique way through coaching, mentoring, etc… Kathy has created MMRF Researcher Gateway for scientists, physicians, pharmaceutical companies etc… to work together and give their input without the need of strong IT skills. She has also created a Community version for patients to share their experiences and better understand their disease and treatment.
  11. Presenter: Lei Jin Script: (not change, need exercise) The word authentic refers to something that is real or genuine. With all the uncertainty and fear in our world, followers are looking for leaders who are honest and true to their word. Bill George’s Authentic Leadership approach said that transformational leaders had 5 characteristics. Purpose (Passion) Leaders understand their purpose and are able to use their passion for it to influence and motivate their followers. Kathy had a clear vision of helping all stakeholders find a way to collaborate together and hopefully create innovative treatments in the shortest amount of time. Values (Behvaiour) Leaders have strong values about what is right … they influence their followers to have similar values. Kathy had strong beliefs that the way research was being conducted was broken and did not have the best interest of patients at heart. She has stayed true to those values as she introduces the idea of open-source data.
  12. Relationship (Connectedness) Leaders open up and share their story with their followers … they show high levels of transparency which helps build trust in followers and increase their motivation levels. (leader will share their story with followers and give to them idea and affirm them work) One of Kathy’s strategic goals are to find the right partners who believe in finding treatments first before anything else. She was able to share her vision in a very honest way and many organizations were able to trust her and feel connected to her. ( Kathy was able to share her vision in a very honest way and many organizations were able to trust her and feel connected to her. ) Self-discipline (Consistency) Leaders stick to their beliefs always. This allows followers to have confidence that leaders will always do what they say. It makes it easier for followers to predict their actions and makes it easy to communicate with them. (leaders will do exact thing what he ask to follower do, and It makes it easier for followers to predict their actions and makes it easy to communicate with them. ) Kathy created the centralized tissue bank that now houses over 4000 tissue samples. She did not stop there but continued to stay true to her vision by launching the CoMMpass study. Heart (Compassion) Leaders are passionate about their shared vision and are empathetic to their followers and their unique needs. Her focus on patients being first shows her empathy to those followers. In addition, she does not intervene with pharmaceutical companies who create new drugs based on all the research.
  13. Presenter: Mohammed Script: The textbook mentions a concept called the glass ceiling. This is an invisible barrier that makes it difficult for women to reach the very top leadership positions in an organization. There are three main reasons for why women are mostly found in lower levels of leadership. Reason 1: Human Capital Differences Women apparently have less work experience and training than men. This is because of fewer developmental opportunities and work-home conflict. They have lower levels of employment continuity because of child rearing and domestic activities which often fall onto their shoulders. They are given less encouragement in the workplace, lack of mentoring and often given leadership positions with high risk and criticism. Reason 2: Gender differences in Leadership styles There is a stereotype of women being better at leading in a more interpersonal way and less task-oriented way. Women are seen as more democratic and participative in their leadership style Women are less likely to ask for what they want and be active in negotiations. They shy away from asking for promotions. Women are more likely to care about the wellness of their followers and behave ethically. Women are seen as less effective when most of the followers are men. Reason 3: Prejudice and Biases Men are seen as Agentic - confident, assertive, independent, rational and decisive Women are seen as Communal - concern for others, sensitivity, warmth, helpfulness, nurturance Women who try to lead in a "masculine" way (Being assertive for e.g.) are seen as being aggressive and ultimately poor leaders. E.g. is Hilary Clinton facing voters wear T-Shirts that say "Iron my shirt" and seeing nutcracker dolls with her head on it. If a women does obtain a top position, she feels the pressure of representing all women and being used as an excuse if she makes mistakes. This leads to many women shying away from leadership positions and some change their behaviour to match stereotype Kathy prioritized her work and started her family late at the age of 36. This was so that she could focus on her career and not be held back by her domestic obligations. It took her 14 years to obtain her position as Executive Director at Searle. MMRF was founded by Kathy and her twin sister. They help lead the way in reducing prejudice and bias towards women in the workplace.