Based on her research of 800 biotechnology companies and 3,200 biotechnology executives, Harvard Business School professor Monica Higgins discovered that one firm-Baxter-was the breeding ground for today's most successful biotechnology ventures. This phenomena of one organization spawning an industry has also been seen in the high-tech (Hewlett-Packard) and semiconductor industries (Fairchild). However, until now there has been no suitable explanation of why and how these organizations were able to create the next generation of industry leaders. Career Imprints shows why Baxter was so successful in spawning senior executives and offers an understanding of what it takes for an organization to produce leaders that will dominate an industry for years to come. In this important book, Higgins shows that an organization's "career imprint"¾the result of company systems, structure, strategy, and culture¾that employees take with them throughout their careers is the key to creating great leaders. By understanding these factors, staff, human resource executives, and CEOs can analyze their own organization's career imprint and develop leaders.
Monica C. Higgins
Business & Management Führung Management / Leadership Management f. Führungskräfte Wirtschaft u. Management
"Monica Higgins' groundbreaking work, CareerImprints, offers bold and original insights into the way inwhich talent-laden companies spawn new businesses, as Baxter alumsdid for the biotech industry. Her provocative and thoroughlydocumented research goes well beyond classic economic theories todemonstrate conclusively why entrepreneurially-led companies havethe capacity not only to create new companies but entire industriesas well."--Bill George, author, Authentic Leadership,and former chairman and chief executive officer, Medtronic
"At the heart of this important study is afascinating question: Why did alumni of one company --theamazing 'Baxter boys'--produce so many of the leadersof the burgeoning biotech industry? To find the answers,Monica Higgins left no research stone unturned. The result isa compelling new theory about exactly what happens in the earlystages of careers to shape true leaders who can guide innovationand entrepreneurship. Higgins' concepts will leavetheir imprint on careers, company cultures, and industrydevelopment."--Rosabeth Moss Kanter, Harvard Business School,author, Confidence: How Winning Streaks & LosingStreaks Begin & End
"What Farichild was to the development of high technologyfirms in Silicon Valley, Baxter has been to the evolution of thebiopharmaceutical industry. Monica Higgins builds a fascinating,richly portrayed case for Baxter's impact on the creation andgrowth of biopharmaceutical firms."--Denise Rousseau, H.J.Heinz II Professor of Organization Behavior and Public Policy,Carnegie
"Dr. Higgins has written an insightful analysis of aphenomenon which shaped the biotechnology industry. There is nodoubt that my days at Baxter had the most profound influence on mylife and career as well as those of my colleagues."--BobCarpenter, founder, Intergrated Genetics, Geltex, Vactex, Candent,Somatix, Hydra and Peptimmune
"Career Imprints is inspired as both industryhistory and cultural anthropology. In unique fashion, MonicaHiggins tells the story of the emergence of Baxter Travenol as ahealthcare giant and one of the great cell cultures of Americanentrepreneurship. This book is a must for anyone interested in theplace of high tech healthcare in our economy and entrepreneurialorganizational development."--William A. Holodank, president,J. Robert Scott
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