McKinsey's recent study on how the best labs manage talent provides very useful insights for leaders of complex projects and programs. They studied 4,500 researchers in 260 laboratories in academia and research-based industries, including automotive, basic materials, high tech, and pharmaceuticals.Findings were that talent management was critical for success. BUT look at the correlations of high performance with other factors, including effective portfolio and project management. If you lead new product or similar initiatives, this is worth your review.
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