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Culture Guide
Carta Libertatum
(Charter of Liberties)
Written by Jason Bhan and
Sundeep Bhan
Last Revised February 2022
2 CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Culture Guide Introduction
When we started as founders we wrote down the kind of company we aspired to build. While we
were small we were all involved in most decisions and helped establish our culture. As we scale
we need to proactively define our culture, otherwise scaling itself will define our culture (and it
may not be what we want).
We rely on a team of high performers that have the autonomy to make great decisions for us to
scale. So how can we make sure that the decisions made are right for Prognos? We could write a
rule book of Dos and Don’ts (and keep adding to it everyday) or we can align around our
principles, values and have the culture guide us.
We choose our culture that we love, to guide us to scale to new heights, with autonomy,
freedom, and trust for each other.
What is it? Why do we need it?
Inspired by what Sergey and Larry at Google, or Reed Hastings at Netflix, or Mark and Sheryl at
Facebook did early in the history of these great companies to create the culture that produces great
products, has loyal customers and happy employees.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Dimensions of our Culture
3
1. We Live By Our Values
2. Prognos World Order
3. Awesome Team and Amazing People
4. Alignment and Autonomy (context, not control,
accountability, empowerment)
5. My Growth and Development
4 CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Live by Our Values
4
OUR 3 VALUES
1. Passionate 3. Lifelong Learner
2. Collaborative
We are all committed to living our values. The ones that don’t, get voted off the island.
Picture yourself on an island with no rules, no titles, no hierarchy. How
would we behave towards each other? How would we function? What
would guide us?
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 5
1. Passionate
Make quality personal
Take pride in the quality of everything you touch and everything you do. Always ask yourself, “Is this my best work?”
Everything you touch has your signature. Sign in bold ink.
Act with a sense of urgency Never put off till tomorrow what you can do today. It all adds up to help us exceed our goals.
Take ownership and honor commitments
There’s no better way to earn people’s trust than to be true to your word. Do what you say you are going to do, when
you say you are going to do it. This includes being on time for all meetings and commitments.
Either find a way or make one
Take ownership and personal responsibility for making things happen – somehow, someway. Don't wait for things
to happen. Respond to every situation by looking for how we can do it, rather than explaining why it can't be done.
Go above and beyond
Be willing to do whatever it takes to accomplish the job, plus a little more. Take the next step to solve the problem,
even if it takes doing something that’s not in your job description. It’s the extra mile that defines the superstar.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 6
1. Passionate
Celebrate Success
Our success is measured by the results that we deliver. We reward and celebrate results. Set stretch goals, use OKRs
to track your progress, and hold yourself accountable for achieving those results.
Be enthusiastic and positive
Believe that people are good, fair, and honest, and that the intent behind their actions is positive. Set aside your
own judgments and preconceived notions. Give people the benefit of the doubt.
Let's have fun
Have fun everyday. Remember life is short and that there are bigger problems in the world. Don't take things
personally or take yourself too seriously. Laugh every day and take ownership for your own happiness.
Have purpose and believe in the greater good
Do something that the world needs, that you love doing, that you are good at, and you get paid for ... have purpose.
Be inspired everyday to improve health outcomes by accelerating real world data access and insights
Deliver Results
Catching people doing things right is more effective than catching them doing things wrong. Regularly extend
meaningful acknowledgment and appreciation in all directions throughout our company.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 7
2. Collaborative
Always do what is best for Client Love
Do what will drive the most Client LOVE even if it’s to our own detriment. Before any action ask "if the
client will love it" and afterwards ask "if the client did love it"
Do the right thing, always
Demonstrate an unwavering commitment to doing the right thing in every action you take and in every
decision you make, even when no one’s looking. Always tell the truth. If you make a mistake, own up to it
and make it right.
Deliver on Client Love
Do the little things, as well as the big things, and unexpected things that create remarkable experiences
and customer loyalty. Make it easy for our clients and partners to tell others how much they love Prognos.
Check your ego at the door
It’s not about you. Give all the credit to the team and take responsibility for misses. Don’t let a personal
agenda get in the way of doing what’s best for Prognos. Make decisions based on advancing client and
company goals.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 8
2. Collaborative
We deliver the highest value to our Clients/Partners
Understand our clients/partners current and future needs and deliver rapidly evolving products that
exceed their expectations every day
Practice Blameless Problem Solving
Focus on solutions, rather than criticizing others. Identify lessons learned and use those to improve our
processes. Maintain team harmony and manage conflict for the greater good.
Create Win/Win Solutions
Learn to think from others’ perspective. Discover what they need and find a way to help them meet those
needs while also fulfilling your own. Win/win solutions are always more effective and longer lasting than
win/lose solutions.
Communication is key
We are a growing company, not everyone is involved with all aspects of the business. Keep others
informed about what you or your teams are working on and update early if goals are likely to fall behind
or if there are changes.
Identify a Clear Decision Maker
While we value collaboration, each decision still needs one clear decisionmaker. Identify the accountable
decisionmaker and a deadline for each decision. As the decisionmaker, be collaborative and collect
feedback from the group but do not let lack of consensus impede progress. We avoid decisions by
committee (the only exception is our hiring committee guidelines).
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 9
3. Lifelong Learner
Think big and start small
Set targets and take actions that are 10X greater than what you believe you can achieve or are necessary.
Start with some small steps immediately. This should lead to maximizing the growth of Prognos.
Be relentless about improvement
Always strive for a better way and actively seek to improve, innovate, implement changes and avoid the
same mistakes. Hold retrospectives regularly and share the learnings broadly. Remain optimistic for change
and a better future (for Prognos, healthcare, patients and beyond)
Be better than your previous self Strive to continually learn and develop. See everyday as an opportunity to better yourself.
Be curious and always ask why
Challenge the process and deal with conflict head on. Healthy, vigorous debate creates better solutions.
There’s no better question than “Why?” It could take seven "Whys" to get to the root cause.
Be predictive
Address problems before they happen by anticipating future needs and market changes. Preventing issues
is always more effective than fixing them.
Look at the facts and don't assume
Don’t assume. Gather the facts before jumping to conclusions or making quick judgments. We are all
shaped by our experiences. There may be more to the story than it first appears.
Learn from our mistakes and failures
From time to time we will take the wrong actions which could lead to failures. We will assess these actions,
fix our mistakes and learn from our failures. We will share these learnings with each other.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Dimensions of our Culture
10
1. We Live By Our Values
2. Prognos World Order
3. Awesome Team and Amazing People
4. Alignment and Autonomy (context, not control,
accountability, empowerment)
5. My Growth and Development
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Prognos World Order
11
1. Mission — We always march toward our mission first.
a. To improve health by driving the best actions learned from the world’s data
2. Clients/Partners — Go Above and Beyond, delight our clients and partners, deliver the
highest value for our clients
3. Prognos
a. Progs — Give our best to Progs and our teams
b. Products — Ensure that we develop world class products that create the highest value
for our clients
4. Self — Grow, learn and be successful
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Dimensions of our Culture
12
1. We Live By Our Values
2. Prognos World Order
3. Awesome Team and Amazing People
4. Alignment and Autonomy (context, not control,
accountability, empowerment)
5. My Growth and Development
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
We are an awesome team with
amazing people!
Imagine if every person at Prognos is someone
you admire and can learn from.
An awesome team requires amazing people
“rowing” in the same direction.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Awesome Team with Amazing People
14
● We are a high performing team, not a family
● We favor ability over experience
● We help each other get to “we are great” (Stage 4 - Tribal leadership)
○ Communicate, with transparency, more information, and more often.
● We try to hire the best people
● We grow leaders.
● We understand that nobody is perfect.
○ We seek people out for their strengths and are willing to accept and work on our
weaknesses
● We apply the ‘Keeper Test’ for Managers
○ “Which of my people, if they told me were leaving for a similar role at another company,
would I fight to keep at Prognos?”
○ The rest should exit Prognos
● We like diversity and different perspectives, but we are not the right fit for everyone. That is
ok. We only want people that fit our values, our culture, are high performers who want to be
here.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Awesome Team with Amazing People
15
MOVE AND
DEVELOP
GROW &
PROMOTE
WRONG
HIRE, EXIT
FAST
MANAGE
OUT
Weak Strong
Performance
Unaligned
Aligned
Fit With
Values
Prognos Performance | Values Matrix
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Dimensions of our Culture
16
1. We Live By Our Values
2. Prognos World Order
3. Awesome Team and Amazing People
4. Alignment and Autonomy (context, not control,
accountability, empowerment)
5. My Growth and Development
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
If we are aligned in our goals, and
are empowered to do our jobs, we
will succeed.
As we grow and scale, Progs need MORE
freedom to work, not less. Smart, capable
people, given room to run, will succeed faster
and more often.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Alignment and Autonomy
18
● We seek to provide an increasing amount of autonomy to our people. We understand that it is a journey.
○ We believe that excessive rules stifle growth and are hard to create for every scenario, However, we
understand that some things are important (yes, there are still some rules);
■ We avoid major financial or security disasters
■ We invest every dollar wisely with the highest ROI
■ We prioritize our work and understand that we have limited resources
■ We don’t do anything illegal or unethical
■ We use our common sense and we are Responsible
■ If in doubt we seek guidance
○ We understand that in our business it is important to pay attention to;
■ Regulatory Items - We follow healthcare laws and regulations
■ Privacy - Related to our data and information on healthcare constituents
■ Contracts - Our partners trust us with their data, and we honor our contracts and
commitments
● We seek clear alignment around what success means (goals, objectives and key results, metrics of
success)
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Alignment and Autonomy
19
● We believe that context, not control helps us scale
○ We are guided by our strategy, goals, priorities, metrics, objectives, clearly defined roles,
transparency, frameworks and self organized teams
○ Autonomy with many rules is not scalable. We do NOT want;
■ top down decision making,
■ management approval for everything,
● We understand that higher degree of alignment to our culture and being Responsible will lead to more
Autonomy. It means aligning on our goals and working towards achieving them with the ability to;
○ make our own decisions for what is best for Prognos.
○ have access to the right resources and tools
○ self organizing
○ accepting accountability
○ choosing how we want to do it
○ trust and support of one another
○ simplifying
20 CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Alignment and Autonomy
20
● A team:
○ has a leader
○ has a clear mission and goals
○ owns its processes and continuously improves and removes impediments
○ achieves results and communicates its progress
● The business/leadership:
○ supports the team
○ helps remove impediments
○ tracks progress
○ makes changes if results are not being achieved
Our Autonomy is guided by our principles, values and our culture and outlined in
an agreement between what a team owes the business, and what the business
owes a team.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Dimensions of our Culture
21
1. We Live By Our Values
2. Prognos World Order
3. Awesome Team and Amazing People
4. Alignment and Autonomy (context, not control,
accountability, empowerment)
5. My Growth and Development
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Working for a high growth company is
exciting, a lot of growth creates
opportunities for those who seek them
At Prognos you are in charge of your professional growth and
development. You will take on challenges and explore what
truly fulfills and excites you
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
My Growth
23
● A lot of growth creates opportunities for those who seek them
● We expect Progs to find the place where they are going to make the most impact
○ Find challenges and explore what truly fulfills and excites you
● Sometimes people may be happy continuing what they love to do and getting better at it
● This will lead to personal and professional growth. To be promoted we look at:
○ High alignment to our values
○ Demonstrating Prognos leadership behaviors
○ Superstar at the current role
○ Strictly based on ability (not based on the time someone has spent at Prognos)
○ Next role has to be big enough and there is a clear need for that role at Prognos
● Prognos is for those who want to be here. We understand that at times, some people may
outgrow Prognos and feel like they want to go somewhere else. That is ok.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
My Development
24
● We support the development of all Progs and your manager is your guide for growth.
● We believe that you are the best person to know what is best for your development. You
should own your own career/life path (don’t rely on an organization to do it for you).
● We believe that the best people develop themselves by working on challenging things with
amazing people that push us outside of our comfort zone. We encourage you to seek out
these opportunities.
● We encourage you to use free online resources like Coursera for learning and developing
new skills. We also make other tools and resources available (within reason) for those who
want them.
● We encourage you to work with mentors within or outside of Prognos. You can leverage our
extensive network of leaders and advisers.
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Expected Prognos Leadership Behaviors
25
Measurement/ Standard - Demonstrated either at Prognos or previously in your career Director/Mgr VP SVP C-Suite
Successful management of team (can be direct reports or as part of a cross-functional project) X X X X
Drive, exemplify and teach Prognos values X X X X
Allocate resources in order to balance company and customer needs with internal resource constraints X X X
Actively lead within Prognos (including participation on committees or on strategic initiatives) X X X
Foster an environment of credibility/authenticity, stand behind decisions with the courage to course-correct as needed X X X
Help set, articulate, and drive the corporate vision, mission and goals X X
Ability to understand and manage P&L X X
Demonstrate influence within/outside of his/her team and Prognos, and be regarded as a strategic/innovative
thought-leader X X
Possess strong leadership and leadership development skills (see Leadership Training) X X
Champion organizational change initiatives in a way that helps all Progs understand, appreciate, and support them X X
Exude confidence and charisma - communicate clearly and effectively, drive engagement internally across all levels of
the organization and externally with potential and existing partners and clients X X
Have high emotional IQ and demonstrate ability to remain calm in the face of conflict or stress X X
Demonstrate influence with our biggest partners (clients, suppliers, investors) in resolving issues or leading strategic
opportunities that create value for the organization. X X
Give back and be involved in the healthcare industry - Advisory Roles, Board Roles, Teaching, Mentoring X
CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED.
Prognos Leadership Training
26
Training (enrolled either at Prognos or previously) Link
Director/
Manager VP SVP C-Suite
Management Fundamentals Coursera Link X X X X
Negotiations 101
https://www.coursera.org/learn/negotiati
on#about X X X X
Financial Acumen for Non-financial
Managers
https://www.coursera.org/learn/finance-
healthcare-managers#syllabus X X X X
The Economics of Health Care
Delivery
https://www.coursera.org/learn/health-e
conomics-us-healthcare-systems#syllab
us X X X
Business Writing
https://www.coursera.org/learn/writing-f
or-business#syllabus X X X
Entrepreneurship - Developing the
Opportunity
https://www.coursera.org/learn/wharton-
entrepreneurship-opportunity#syllabus X
Dynamic Public Speaking
Specialization
https://www.coursera.org/specializations
/public-speaking#courses X
Thank you
27

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Prognos health culture guide 2022

  • 1. Culture Guide Carta Libertatum (Charter of Liberties) Written by Jason Bhan and Sundeep Bhan Last Revised February 2022
  • 2. 2 CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Culture Guide Introduction When we started as founders we wrote down the kind of company we aspired to build. While we were small we were all involved in most decisions and helped establish our culture. As we scale we need to proactively define our culture, otherwise scaling itself will define our culture (and it may not be what we want). We rely on a team of high performers that have the autonomy to make great decisions for us to scale. So how can we make sure that the decisions made are right for Prognos? We could write a rule book of Dos and Don’ts (and keep adding to it everyday) or we can align around our principles, values and have the culture guide us. We choose our culture that we love, to guide us to scale to new heights, with autonomy, freedom, and trust for each other. What is it? Why do we need it? Inspired by what Sergey and Larry at Google, or Reed Hastings at Netflix, or Mark and Sheryl at Facebook did early in the history of these great companies to create the culture that produces great products, has loyal customers and happy employees.
  • 3. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Dimensions of our Culture 3 1. We Live By Our Values 2. Prognos World Order 3. Awesome Team and Amazing People 4. Alignment and Autonomy (context, not control, accountability, empowerment) 5. My Growth and Development
  • 4. 4 CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Live by Our Values 4 OUR 3 VALUES 1. Passionate 3. Lifelong Learner 2. Collaborative We are all committed to living our values. The ones that don’t, get voted off the island. Picture yourself on an island with no rules, no titles, no hierarchy. How would we behave towards each other? How would we function? What would guide us?
  • 5. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 5 1. Passionate Make quality personal Take pride in the quality of everything you touch and everything you do. Always ask yourself, “Is this my best work?” Everything you touch has your signature. Sign in bold ink. Act with a sense of urgency Never put off till tomorrow what you can do today. It all adds up to help us exceed our goals. Take ownership and honor commitments There’s no better way to earn people’s trust than to be true to your word. Do what you say you are going to do, when you say you are going to do it. This includes being on time for all meetings and commitments. Either find a way or make one Take ownership and personal responsibility for making things happen – somehow, someway. Don't wait for things to happen. Respond to every situation by looking for how we can do it, rather than explaining why it can't be done. Go above and beyond Be willing to do whatever it takes to accomplish the job, plus a little more. Take the next step to solve the problem, even if it takes doing something that’s not in your job description. It’s the extra mile that defines the superstar.
  • 6. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 6 1. Passionate Celebrate Success Our success is measured by the results that we deliver. We reward and celebrate results. Set stretch goals, use OKRs to track your progress, and hold yourself accountable for achieving those results. Be enthusiastic and positive Believe that people are good, fair, and honest, and that the intent behind their actions is positive. Set aside your own judgments and preconceived notions. Give people the benefit of the doubt. Let's have fun Have fun everyday. Remember life is short and that there are bigger problems in the world. Don't take things personally or take yourself too seriously. Laugh every day and take ownership for your own happiness. Have purpose and believe in the greater good Do something that the world needs, that you love doing, that you are good at, and you get paid for ... have purpose. Be inspired everyday to improve health outcomes by accelerating real world data access and insights Deliver Results Catching people doing things right is more effective than catching them doing things wrong. Regularly extend meaningful acknowledgment and appreciation in all directions throughout our company.
  • 7. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 7 2. Collaborative Always do what is best for Client Love Do what will drive the most Client LOVE even if it’s to our own detriment. Before any action ask "if the client will love it" and afterwards ask "if the client did love it" Do the right thing, always Demonstrate an unwavering commitment to doing the right thing in every action you take and in every decision you make, even when no one’s looking. Always tell the truth. If you make a mistake, own up to it and make it right. Deliver on Client Love Do the little things, as well as the big things, and unexpected things that create remarkable experiences and customer loyalty. Make it easy for our clients and partners to tell others how much they love Prognos. Check your ego at the door It’s not about you. Give all the credit to the team and take responsibility for misses. Don’t let a personal agenda get in the way of doing what’s best for Prognos. Make decisions based on advancing client and company goals.
  • 8. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 8 2. Collaborative We deliver the highest value to our Clients/Partners Understand our clients/partners current and future needs and deliver rapidly evolving products that exceed their expectations every day Practice Blameless Problem Solving Focus on solutions, rather than criticizing others. Identify lessons learned and use those to improve our processes. Maintain team harmony and manage conflict for the greater good. Create Win/Win Solutions Learn to think from others’ perspective. Discover what they need and find a way to help them meet those needs while also fulfilling your own. Win/win solutions are always more effective and longer lasting than win/lose solutions. Communication is key We are a growing company, not everyone is involved with all aspects of the business. Keep others informed about what you or your teams are working on and update early if goals are likely to fall behind or if there are changes. Identify a Clear Decision Maker While we value collaboration, each decision still needs one clear decisionmaker. Identify the accountable decisionmaker and a deadline for each decision. As the decisionmaker, be collaborative and collect feedback from the group but do not let lack of consensus impede progress. We avoid decisions by committee (the only exception is our hiring committee guidelines).
  • 9. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. 9 3. Lifelong Learner Think big and start small Set targets and take actions that are 10X greater than what you believe you can achieve or are necessary. Start with some small steps immediately. This should lead to maximizing the growth of Prognos. Be relentless about improvement Always strive for a better way and actively seek to improve, innovate, implement changes and avoid the same mistakes. Hold retrospectives regularly and share the learnings broadly. Remain optimistic for change and a better future (for Prognos, healthcare, patients and beyond) Be better than your previous self Strive to continually learn and develop. See everyday as an opportunity to better yourself. Be curious and always ask why Challenge the process and deal with conflict head on. Healthy, vigorous debate creates better solutions. There’s no better question than “Why?” It could take seven "Whys" to get to the root cause. Be predictive Address problems before they happen by anticipating future needs and market changes. Preventing issues is always more effective than fixing them. Look at the facts and don't assume Don’t assume. Gather the facts before jumping to conclusions or making quick judgments. We are all shaped by our experiences. There may be more to the story than it first appears. Learn from our mistakes and failures From time to time we will take the wrong actions which could lead to failures. We will assess these actions, fix our mistakes and learn from our failures. We will share these learnings with each other.
  • 10. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Dimensions of our Culture 10 1. We Live By Our Values 2. Prognos World Order 3. Awesome Team and Amazing People 4. Alignment and Autonomy (context, not control, accountability, empowerment) 5. My Growth and Development
  • 11. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Prognos World Order 11 1. Mission — We always march toward our mission first. a. To improve health by driving the best actions learned from the world’s data 2. Clients/Partners — Go Above and Beyond, delight our clients and partners, deliver the highest value for our clients 3. Prognos a. Progs — Give our best to Progs and our teams b. Products — Ensure that we develop world class products that create the highest value for our clients 4. Self — Grow, learn and be successful
  • 12. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Dimensions of our Culture 12 1. We Live By Our Values 2. Prognos World Order 3. Awesome Team and Amazing People 4. Alignment and Autonomy (context, not control, accountability, empowerment) 5. My Growth and Development
  • 13. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. We are an awesome team with amazing people! Imagine if every person at Prognos is someone you admire and can learn from. An awesome team requires amazing people “rowing” in the same direction.
  • 14. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Awesome Team with Amazing People 14 ● We are a high performing team, not a family ● We favor ability over experience ● We help each other get to “we are great” (Stage 4 - Tribal leadership) ○ Communicate, with transparency, more information, and more often. ● We try to hire the best people ● We grow leaders. ● We understand that nobody is perfect. ○ We seek people out for their strengths and are willing to accept and work on our weaknesses ● We apply the ‘Keeper Test’ for Managers ○ “Which of my people, if they told me were leaving for a similar role at another company, would I fight to keep at Prognos?” ○ The rest should exit Prognos ● We like diversity and different perspectives, but we are not the right fit for everyone. That is ok. We only want people that fit our values, our culture, are high performers who want to be here.
  • 15. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Awesome Team with Amazing People 15 MOVE AND DEVELOP GROW & PROMOTE WRONG HIRE, EXIT FAST MANAGE OUT Weak Strong Performance Unaligned Aligned Fit With Values Prognos Performance | Values Matrix
  • 16. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Dimensions of our Culture 16 1. We Live By Our Values 2. Prognos World Order 3. Awesome Team and Amazing People 4. Alignment and Autonomy (context, not control, accountability, empowerment) 5. My Growth and Development
  • 17. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. If we are aligned in our goals, and are empowered to do our jobs, we will succeed. As we grow and scale, Progs need MORE freedom to work, not less. Smart, capable people, given room to run, will succeed faster and more often.
  • 18. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Alignment and Autonomy 18 ● We seek to provide an increasing amount of autonomy to our people. We understand that it is a journey. ○ We believe that excessive rules stifle growth and are hard to create for every scenario, However, we understand that some things are important (yes, there are still some rules); ■ We avoid major financial or security disasters ■ We invest every dollar wisely with the highest ROI ■ We prioritize our work and understand that we have limited resources ■ We don’t do anything illegal or unethical ■ We use our common sense and we are Responsible ■ If in doubt we seek guidance ○ We understand that in our business it is important to pay attention to; ■ Regulatory Items - We follow healthcare laws and regulations ■ Privacy - Related to our data and information on healthcare constituents ■ Contracts - Our partners trust us with their data, and we honor our contracts and commitments ● We seek clear alignment around what success means (goals, objectives and key results, metrics of success)
  • 19. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Alignment and Autonomy 19 ● We believe that context, not control helps us scale ○ We are guided by our strategy, goals, priorities, metrics, objectives, clearly defined roles, transparency, frameworks and self organized teams ○ Autonomy with many rules is not scalable. We do NOT want; ■ top down decision making, ■ management approval for everything, ● We understand that higher degree of alignment to our culture and being Responsible will lead to more Autonomy. It means aligning on our goals and working towards achieving them with the ability to; ○ make our own decisions for what is best for Prognos. ○ have access to the right resources and tools ○ self organizing ○ accepting accountability ○ choosing how we want to do it ○ trust and support of one another ○ simplifying
  • 20. 20 CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Alignment and Autonomy 20 ● A team: ○ has a leader ○ has a clear mission and goals ○ owns its processes and continuously improves and removes impediments ○ achieves results and communicates its progress ● The business/leadership: ○ supports the team ○ helps remove impediments ○ tracks progress ○ makes changes if results are not being achieved Our Autonomy is guided by our principles, values and our culture and outlined in an agreement between what a team owes the business, and what the business owes a team.
  • 21. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Dimensions of our Culture 21 1. We Live By Our Values 2. Prognos World Order 3. Awesome Team and Amazing People 4. Alignment and Autonomy (context, not control, accountability, empowerment) 5. My Growth and Development
  • 22. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Working for a high growth company is exciting, a lot of growth creates opportunities for those who seek them At Prognos you are in charge of your professional growth and development. You will take on challenges and explore what truly fulfills and excites you
  • 23. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. My Growth 23 ● A lot of growth creates opportunities for those who seek them ● We expect Progs to find the place where they are going to make the most impact ○ Find challenges and explore what truly fulfills and excites you ● Sometimes people may be happy continuing what they love to do and getting better at it ● This will lead to personal and professional growth. To be promoted we look at: ○ High alignment to our values ○ Demonstrating Prognos leadership behaviors ○ Superstar at the current role ○ Strictly based on ability (not based on the time someone has spent at Prognos) ○ Next role has to be big enough and there is a clear need for that role at Prognos ● Prognos is for those who want to be here. We understand that at times, some people may outgrow Prognos and feel like they want to go somewhere else. That is ok.
  • 24. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. My Development 24 ● We support the development of all Progs and your manager is your guide for growth. ● We believe that you are the best person to know what is best for your development. You should own your own career/life path (don’t rely on an organization to do it for you). ● We believe that the best people develop themselves by working on challenging things with amazing people that push us outside of our comfort zone. We encourage you to seek out these opportunities. ● We encourage you to use free online resources like Coursera for learning and developing new skills. We also make other tools and resources available (within reason) for those who want them. ● We encourage you to work with mentors within or outside of Prognos. You can leverage our extensive network of leaders and advisers.
  • 25. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Expected Prognos Leadership Behaviors 25 Measurement/ Standard - Demonstrated either at Prognos or previously in your career Director/Mgr VP SVP C-Suite Successful management of team (can be direct reports or as part of a cross-functional project) X X X X Drive, exemplify and teach Prognos values X X X X Allocate resources in order to balance company and customer needs with internal resource constraints X X X Actively lead within Prognos (including participation on committees or on strategic initiatives) X X X Foster an environment of credibility/authenticity, stand behind decisions with the courage to course-correct as needed X X X Help set, articulate, and drive the corporate vision, mission and goals X X Ability to understand and manage P&L X X Demonstrate influence within/outside of his/her team and Prognos, and be regarded as a strategic/innovative thought-leader X X Possess strong leadership and leadership development skills (see Leadership Training) X X Champion organizational change initiatives in a way that helps all Progs understand, appreciate, and support them X X Exude confidence and charisma - communicate clearly and effectively, drive engagement internally across all levels of the organization and externally with potential and existing partners and clients X X Have high emotional IQ and demonstrate ability to remain calm in the face of conflict or stress X X Demonstrate influence with our biggest partners (clients, suppliers, investors) in resolving issues or leading strategic opportunities that create value for the organization. X X Give back and be involved in the healthcare industry - Advisory Roles, Board Roles, Teaching, Mentoring X
  • 26. CONFIDENTIAL AND PROPRIETARY, ALL RIGHTS RESERVED. Prognos Leadership Training 26 Training (enrolled either at Prognos or previously) Link Director/ Manager VP SVP C-Suite Management Fundamentals Coursera Link X X X X Negotiations 101 https://www.coursera.org/learn/negotiati on#about X X X X Financial Acumen for Non-financial Managers https://www.coursera.org/learn/finance- healthcare-managers#syllabus X X X X The Economics of Health Care Delivery https://www.coursera.org/learn/health-e conomics-us-healthcare-systems#syllab us X X X Business Writing https://www.coursera.org/learn/writing-f or-business#syllabus X X X Entrepreneurship - Developing the Opportunity https://www.coursera.org/learn/wharton- entrepreneurship-opportunity#syllabus X Dynamic Public Speaking Specialization https://www.coursera.org/specializations /public-speaking#courses X