What are some of the stumbling blocks to innovation?

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Safi Bahcall (Author, Physicist & Former CEO, Synta Pharmaceuticals)

Safi Bahcall discusses some of the stumbling blocks to creativity and innovation within an organization. According to Bahcall, corporate politics and basing incentives on rank are issues that can get in the way of a company coming up with a breakthrough idea or product. He provides suggestions on how to improve the business structure including to take managers out the promotion equation and make incentives based on results, not rank.

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About Author

Safi Bahcall

Author, Physicist & Former CEO, Synta Pharmaceuticals

Safi Bahcall is a second-generation physicist (the son of two astrophysicists) and a biotech entrepreneur. He has been profiled by Malcolm Gladwell in The New Yorker and has written for The Wall Street Journal, Harvard Business Review and The Scientist. He led its IPO and served as its CEO for 13 years. In 2008, he was named E&Y New England Biotechnology Entrepreneur of the Year. In 2011, he worked with President Obama’s council of science advisors (PCAST) on the future of national research. He is the author of Loonshots.

Interviewed By


Tracey Fitzpatrick

Tracey Fitzpatrick

Sarder TV Anchor & Former Market News Video Anchor

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