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Beyond The Stethoscope


Mar 18, 2019

Favorite Quotes of the episode:

“Basil the Wonder Dog may be immortal, he’s almost died a bunch of times.”

“Life is the thing that happens while you are making other plans, I’m all about achieving goals, but you don’t wait for achievement to experience joy.”

“I think what I’ll know in 10 years is that discipline and time with family and friends pay off.”

We are here today with Steve Vinson, quite literally, we are recording in person from Launch Fishers, in Fishers, IN!

BIO

Steve has provided business and technical leadership for Life Science firms for over 25 years. Abbott, Lilly, Pfizer, Boston Scientific, IU Health, and Cook Medical – just to name a few - have all relied upon his leadership.

Pharmaceutical, medical device, healthcare, and biotech firms, as well as chemical and telecommunications companies have benefited from Steve’s project leadership and management skills. Through his passion for continuous learning, Steve’s experience ranges from strategic consulting to clinical laboratory systems to compliance and quality improvement. His values-centered leadership style has made Steve a trusted colleague to entrepreneurs and an effective consultant relied upon by executives at top corporations.

Steve is the host of the Life Science Effect Podcast and a consultant with BPM Associates.

TOPICS

2:50    With your expertise and knowledge in the Indiana life sciences and technology startup space, my audience and I would love to hear your impressions, thoughts and what to watch for in 2019.

Indiana Health Industry Forum

Indiana Biosciences Research Institute

16th Street and White River will be 16 Tech, an innovation district. 

7:25    Having just gotten involved in the bio tech space myself with a veterinary technology start up, I’ve been amazed at the amount of technology and innovation happening right here in the Midwest and Indiana in particular.  Any insights?

Here, you might need to be more deliberate to meet the right people, but it’s possible.

Purdue Discovery Park District

If you have money, talent or a technology, then these are ways to connect with others in the field and match up needs and talents.

Talent retention in the Midwest is needed. How do we match up opportunities with talent to keep people here in the Midwest.

11:59  Many of my listeners are in the health care field and are busy professionals, can you share any technological advances that may make their lives easier?

Machine Learning/AI what it looks like in 2019 and beyond in the healthcare field.

It’s just more data, it’s not taking over.

Example about Retina Images that can predict diabetes diagnoses.

Wearables

Companion Diagnostics

Precision Medicine Using Genomics

19:16 What are some other trends that you’ve been noticing in life sciences? Trends in biopharma?

Automating a Laboratory example, discussion about automation and job streamlining vs. loss of jobs through automation.

22:10 Are there any resources you might recommend to our listeners to keep up with the tech changes in the industry?  Leadership resources?

Indianabiosciences.org

Inside Indiana Business, Life Science Newsletter

Life Science Effect Podcast.

The Life Science Leader is another resource I’ve enjoyed and was actually introduced to through your podcast so I want to thank you for that.

23:19 Trends in Biopharma

Shortage of manufacturing capacity in this 300 Billion Dollar Industry

Example of drug approval process and the unique challenges in Biopharma.

27:30 5 Questions Segment

27:50 Q1. We know that the most successful and happy people have a morning routine, what do you do each morning or evening that sets your day up for success?

“My morning routine centers around my kids and Basil the wonder dog."

“Basil, our Miniature Pincher has a morning routine, and is very demanding about it.”

“I always have this fantasy that my kids will be ready to go, but no, there’s always more wrangling to do.”

33:52 Q2. What's your definition of Success?

“I have a micro and macro definition of success.  The micro definition is very nerdy and engineering like.  You are successful when you achieve the predetermined result.  Macro, life level, it’s living my values and ability to help other people, so I look at the impact I’m having on others. Have I had impact for other people.”

35:33 Q3. What's your definition of Happiness?

“If I’m around other people achieving what they want to achieve, it makes me happy. I don’t need to be happy all of the time, to experience happiness you also need to experience sadness.”

“Life is the thing that happens while you are making other plans, I’m all about achieving goals, but you don’t wait for achievement to experience joy.”

38:05 Q4. What do you know now that you wish you would have known 10 years ago?

“When I think about this question, would I have done anything differently? One way I try to think about this question is what am I going to know in 10 years that I wish I knew now? I think what I’ll know in 10 years is that discipline and time with family and friends pay off.”

40:54 Q5. What do you think is the biggest issue facing busy professionals today?

“The biggest scarcity right now, is attention. There are so many things competing for our attention. We have to guard our attention knowing it is a precious resource and super limited.”

RESOURCES

Indiana Health Industry Forum, https://ihif.org/

Indiana Biosciences Research Institute, https://www.indianabiosciences.org/

Inside Indiana Business, Life Science Newsletter http://www.insideindianabusiness.com/category/301752/life-sciences

The Life Science Leader https://www.lifescienceleader.com/

The Life Science Effect Podcast www.thelifescienceeffect.com

 

Connect with Steve on Linked In https://www.linkedin.com/in/stevenvinson/

and Twitter  https://twitter.com/steve_vinson 

Steven.vinson@bpm-associates.com

44:48 Angela's favorite books will be raffled off to those who leave a review!

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