{"id":10896,"date":"2019-09-23T14:19:05","date_gmt":"2019-09-23T19:19:05","guid":{"rendered":"https:\/\/medschool.prd.vanderbilt.edu\/career-development\/?page_id=10896"},"modified":"2024-03-27T13:35:28","modified_gmt":"2024-03-27T18:35:28","slug":"aspire-module-management-and-business-principles-for-scientists","status":"publish","type":"page","link":"https:\/\/medschool.vanderbilt.edu\/career-development\/aspire-module-management-and-business-principles-for-scientists\/","title":{"rendered":"ASPIRE Module: Management and Business Principles for Scientists"},"content":{"rendered":"<p>\t\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.vanderbilt.edu\/t2-main\/medschool-prd\/wp-content\/uploads\/sites\/5\/2021\/10\/Management-and-Business-Priniples.png\" alt=\"Management-and-Business-Priniples\" height=\"400\" width=\"1100\" title=\"Management-and-Business-Priniples\" \/><br \/>\n\t\t\t\t\t<a href=\"#\" id=\"fl-tabs--label-0\" role=\"tab\">\t\t\t\tHome\t\t\t<\/a><br \/>\n\t\t\t\t\t<a href=\"#\" id=\"fl-tabs--label-1\" role=\"tab\">\t\t\t\tAbout the Module\t\t\t<\/a><br \/>\n\t\t\t\t\t<a href=\"#\" id=\"fl-tabs--label-2\" role=\"tab\">\t\t\t\tTime Committment\t\t\t<\/a><br \/>\n\t\t\t\t\t<a href=\"#\" id=\"fl-tabs--label-3\" role=\"tab\">\t\t\t\tSyllabus\t\t\t<\/a><br \/>\n\t\t\t\t\t<a href=\"#\" id=\"fl-tabs--label-4\" role=\"tab\">\t\t\t\tEarn a badge!\t\t\t<\/a><br \/>\n\t\t\t\tHome<\/p>\n<p><em><strong>This module is offered in the spring<\/strong><\/em><\/p>\n<p>Business principles affect all organizations.\u00a0In today\u2019s highly competitive and highly complicated working environments, understanding these principles gives leaders and managers a strategic advantage, enabling them to handle situations more effectively and make decisions more effectively.<\/p>\n<p>It is ideal for\u00a0trainees interested in:<\/p>\n<p>1) independent research careers in industry or\u00a0academia (running a research lab in academia is often compared to owning a small business).<\/p>\n<p>2) scientific or management careers in academic core facilities or contract research organizations.<\/p>\n<p>3) any career outside the lab which requires\u00a0business acumen!<\/p>\n<p>The first few weeks of the module is interactive and didactic. In the second part of the module, participants will break into small teams to consult with consult with the director of a Vanderbilt Core Facility and\u00a0develop a solution to a business or management challenge faced by the core. This\u00a0project-based approach will give participants the opportunity to put course principles into practice.<\/p>\n<p>\t\t\t\tAbout the Module<\/p>\n<p>Business principles affect all organizations.\u00a0In today\u2019s highly competitive and highly complicated working environments, understanding these principles gives leaders and managers a strategic advantage, enabling them to handle situations more effectively and make decisions more effectively.<\/p>\n<p>This module is a unique distillation of the tools and skills needed to be successful in business, whether your business is leadership of a team of scientists, management of lab, directing a technology startup, applying for grants, or all of the above.\u00a0 And whether your career will direct you toward\u00a0research (lab directors, PIs, etc.) or toward a career\u00a0outside the lab, the topics in this course will introduce you\u00a0to the\u00a0tools needed to understand business, evaluate business situations effectively, analyze key business data drawing on both internal and external sources, and make effective business decisions.<\/p>\n<p><strong>Module Objectives:<\/strong><\/p>\n<ul>\n<li>Broaden the training of biomedical sciences trainees to include business principles\u00a0and tools;<\/li>\n<li>Provide\u00a0participants with tools and understanding of key financial concepts so they can be stronger financial managers and make better financial decisions;<\/li>\n<li>Enable participants to understand how management and leadership are essential to success in highly competitive environments;<\/li>\n<li>Teach participants to build effective teams, develop effective culture, and produce high levels of individual and team performance;<\/li>\n<li>Help participants understand the importance of internal and external marketing and communication;<\/li>\n<li>Teach participants to use product and service development to gain strategic advantage;<\/li>\n<li>Help participants understand the power of systems and controls in delivering effective operational results;<\/li>\n<li>Teach participants to use performance measurement to improve results;<\/li>\n<li>Empower participants with problem solving, project management, and decision making tools;<\/li>\n<li>Better prepare biomedical sciences trainees for a career\u00a0inside or outside the lab!<\/li>\n<\/ul>\n<p>This module emphasizes\u00a0<u>key concepts<\/u>\u00a0and\u00a0<u>tools<\/u>. The business world is loaded with theories on how organizations should work and what would make them work better. These theories and concepts are known by many different names, most of which are simply re-named and re-packaged versions of prior theories.\u00a0 The concepts and tools covered in this module, however, are designed to be kept handy in your \u201ctool kit\u201d and are expected to be used very frequently to address your daily management challenges.<\/p>\n<p><strong>Module dates and times:\u00a0<\/strong>Wednesdays\u00a0from 8:30-10:30 a.m., January 17-April 17, 2024<\/p>\n<p><strong>Instructor:<\/strong>\u00a0<a href=\"http:\/\/as.vanderbilt.edu\/managerialstudies\/faculty\/joe-rando\/\">Joe\u00a0Rando<\/a>, Lecturer in Managerial Studies, Vanderbilt University<\/p>\n<p><strong>Module structure<\/strong>:\u00a0Interactive lectures and small group discussions (first half) followed by a team\u00a0capstone project (second half)<\/p>\n<p><strong>Cost<\/strong>: No cost to PhD students and postdoctoral fellows in the biomedical sciences or chemistry.<\/p>\n<p><strong>Eligibility<\/strong>: Open to Vanderbilt biomedical sciences and chemistry postdoctoral fellows and PhD students who have passed their qualifying exams before January 2024.<\/p>\n<p><strong>Questions<\/strong>:\u00a0Please contact Angela Zito\u00a0(<a href=\"mailto:angela.zito@vanderbilt.edu\">angela.zito@vanderbilt.edu<\/a>), Assistant Director, BRET Office of Career Development<\/p>\n<p>\t\t\t\tTime Committment<\/p>\n<p>This module\u00a0is designed to provide an efficient introduction to practical business concepts and tools. The\u00a0<strong>total time commitment for this module is about 4-5 hours\/week<\/strong>, including in-class meetings and out-of-class readings.<\/p>\n<p>For the first half of the module (January &#8211; March), the module will consist of\u00a0interactive didactic sessions. \u00a0Each didactic session will require 1-2 hours of reading to be completed before class.<\/p>\n<p>There will be a 1\/2 day, retreat, mid March. There will be speakers as well as time\u00a0for participants to form groups and meet with the Core Facilities to discuss projects.<\/p>\n<p>For the second part of the module (March &#8211; April), participants will break into small groups and complete a project in consultation with the director of a Vanderbilt Core Facility. The module will continue to meet Wednesdays from 8:30 \u2013 10:30 a.m. during this time, for short didactic lectures on problem solving and project management, and for teams to work on their project in class. Individual teams may also need to meet\u00a0outside of class to work on their project or visit their core facility.\u00a0Each person is required to contribute to the team project and participate in the final presentations.<\/p>\n<h2>Attendance Policy<\/h2>\n<p>Because the course is interactive and team-based, and this is a limited enrollment opportunity, course\u00a0participants need to attend\u00a0all sessions and participate\u00a0fully. This includes attending the 1\/2 day retreat,\u00a0completing reading assignments outside of class, and contributing to the\u00a0team-based project. Participants should discuss time away from the lab with their research advisor\u00a0<strong><em>in advance<\/em><\/strong>\u00a0of the course. Anticipated absences, such as for scientific conferences, should be discussed\u00a0with the course director.<\/p>\n<p>\t\t\t\tSyllabus<\/p>\n<p>The module\u00a0will be a mix of interactive didactic sessions (pre-retreat) and small team-based projects with short lectures on project management and problem-solving, (post-retreat).\u00a0Due to the interactive\u00a0nature\u00a0of this course, attendance at all sessions is required.<\/p>\n\n<table id=\"tablepress-23\" class=\"tablepress tablepress-id-23\">\n<tbody class=\"row-striping\">\n<tr class=\"row-1\">\n\t<td class=\"column-1\">Date<\/td><td class=\"column-2\">Topic<\/td>\n<\/tr>\n<tr class=\"row-2\">\n\t<td class=\"column-1\">January 17<\/td><td class=\"column-2\">Introduction and kickoff activity<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">January 24 - Feb 28<\/td><td class=\"column-2\">Didactic Sessions<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Week of March 6<\/td><td class=\"column-2\">Afternoon retreat \u2013 1\/2 day social\/networking event with guest speakers.<br \/>\n <br \/>\n<br \/>\nCore Directors assigned as team leaders, project problems are presented.<br \/>\n<br \/>\nTEAM MEETING<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">March 13<\/td><td class=\"column-2\">Spring Break - No Class<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">March 20 - April 10<\/td><td class=\"column-2\">Project Workshops<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">April 17<br \/>\ntime TBD<\/td><td class=\"column-2\">Final presentations<br \/>\nGroups will present the problem and their proposed solution\/strategy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-23 from cache -->\n<p>\t\t\t\tEarn a badge!<\/p>\n<h2>ASPIRE is awarding micro-credentials through Badgr! See the\u00a0<a href=\"https:\/\/medschool.vanderbilt.edu\/career-development\/aspire-micro-credentialing-through-badgr\/\">webpage<\/a>\u00a0for more details.<\/h2>\n<p>&nbsp;<\/p>\n<h2>EARNING CRITERIA<\/h2>\n<p>Recipients must complete the earning criteria to earn this Badge<\/p>\n<ol>\n<li>Complete assigned readings and participate in discussions of case studies.<\/li>\n<li>Attend the mid-course retreat with scientists who have pursued careers at the intersection of business and science.<\/li>\n<li>Work with a team to meet with a VU research core facility and learn about a business problem faced by the facility.<\/li>\n<li>As a team, use the practical project management and problem-solving strategies discussed in class to propose a solution to the business problem faced by the partner core facility.<\/li>\n<li>Create and deliver a 7-minute presentation describing the proposed solution.<\/li>\n<li>Attend all classes with no unexcused absences.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Home About the Module Time Committment Syllabus Earn a badge! Home This module is offered in the spring Business principles affect all organizations.\u00a0In today\u2019s highly competitive and highly complicated working environments, understanding these principles gives leaders and managers a strategic advantage, enabling them to handle situations more effectively and make decisions more effectively. It is&#8230;<\/p>\n","protected":false},"author":22,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page_onecolumn.php","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"tags":[],"class_list":["post-10896","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/pages\/10896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/comments?post=10896"}],"version-history":[{"count":33,"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/pages\/10896\/revisions"}],"predecessor-version":[{"id":21488,"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/pages\/10896\/revisions\/21488"}],"wp:attachment":[{"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/media?parent=10896"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medschool.vanderbilt.edu\/career-development\/wp-json\/wp\/v2\/tags?post=10896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}