Richard Pearce is currently the COO and VP R&D of Theragen, Inc. For the last 25 years, Mr. Pearce has worked on bringing therapeutic orthopedic medical devices to market and building fast-growing, commercially successful enterprises. This experience has taught Mr. Pearce that the most sustainably successful products are those that can be proven to deliver meaningful clinical patient outcomes, and significant cost benefits to the system – and that the most sustainably successful companies are those that are laser-focused on serving the patients and healthcare providers.
The keys are establishing a culture that applauds ideas and learns from “failures” rather than seeking to place blame, recognizing that the best ideas can come from any source, and benefiting from cross-functional discussion and challenge.