Co-Creator of Impact – Alon Shklarek

SpreadLove In Organizations
SpreadLove In Organizations
Co-Creator of Impact - Alon Shklarek
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“What makes you tick?” Alon Shklarek took this question to a deep reflection that led him to be free. Free to create impact through businesses, live his purpose to improve the world, and fix meaningful problems. His deep belief is that every company should have a social impact focus, and deeply think about how with their capabilities they can make the world a better place. Hear his thoughts on leadership being a team sport, his views on entrepreneurship, him not being George Clooney, and his words of wisdom on impact.

“When I see a problem I care about, I start a business.”

MEET OUR GUEST Alon Shklarek, serial impact entrepreneur, investor, and enabler.

Alon has founded, co-founded, and invested in over 25 businesses across 16 countries to date. Whether it is his ventures in the digital health space that are improving health outcomes for thousands of patients every day or his sustainability-focused ventures such as his leading plastics recycling company that gives over 100.000 tons of plastic waste a second life every year, all his companies are focused around leading with purpose and impact.

As an active Impact Investor Alon directly supports and mentors selected social entrepreneurs and is an ASN member of Ashoka, the world’s leading social entrepreneurship organization.

Besides, Alon teaches Leadership and Entrepreneurship as Guest Lecturer at MIT.

More from Alon:
Blog: https://www.alonshklarek.com/blog/category/blogpost/
Twitter: https://twitter.com/alonshklarek

EPISODE TRANSCRIPT: Alon Shklarek

Naji: Hello, leaders of the world. Welcome to spread love in organizations, the podcast for purpose-driven healthcare leaders, striving to make life better around the world by leading their teams with genuine care, servant leadership and love. I’m Naji your host for this episode, joined today by Alon Shklarek serial entrepreneur investor, and a serial entrepreneur. Alon has founded co-founded and invested in over 25 businesses across 16 countries. Whether it is duct plexus, the largest Indian doctors platform that solves thousands of patient cases every day, or sky plastics, a leading European recycling company that recycles over 100,000 tons…

Know When to Go – Jonathan Fleming

SpreadLove In Organizations
SpreadLove In Organizations
Know When to Go - Jonathan Fleming
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It starts with the right people to solve the 75 steps! Jonathan Fleming is clear on what it takes to build successful biotech companies. He has built, cofounded, and funded several companies serving and changing the lives of millions of patients worldwide. Great leaders are humble and mindful enough to understand the blessing they were given for them to give back. They lead with care and love, especially in healthcare. Leadership is also about knowing when to go. In this provocative episode, you will hear incredible insights and straightforward words of wisdom. A great summary for us leading healthcare organizations: we should never forget our moral, ethical, and legal responsibility for patients, employees, and shareholders.

“Leading with love and care is something you should do to the core of your being in healthcare.”

MEET OUR GUEST Jonathan Fleming Executive Chairman of QurAlis and Enclear Therapies. Former President and CEO of Q-State Biosciences, and former Managing Partner of Oxford Bioscience Partners, an international venture capital firm specialized in life science investments.

Jonathan has been founding, financing, and operating breakthrough life science companies for over 30 years in the USA, Europe, Asia, and the Middle East. During his career, he has raised more than $1 billion for early-stage investment funds that made more than 200 investments resulting in over 20 IPOs and 40 M&A events.

Jonathan has been the CEO of a neuroscience company, been the chairman of the board of numerous organizations, and been a director of many public and private companies. He has participated in the creation of numerous startups and has worked with seven different Nobel laureates to create and build companies based upon their work.

Jonathan has been a senior lecturer at the Sloan School since 2002 where I met him in an incredible class on strategic decisions in Life Science. 

The Key is People – Zen Chu

SpreadLove In Organizations
SpreadLove In Organizations
The Key is People - Zen Chu
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Zen Chu built and invested in several successful medical and healthcare companies, his key to success: People first. When reflecting on the investor side, this doesn’t change either, it starts with people. For Zen, the best leaders and investors are those focused on impact, and when love is in their life, it allows them to be laser-focused on the impact they bring. In this episode, hear Zen’s incredible personal story and journey, his insightful advice, and lessons learned from leading turnarounds to building extremely successful ventures!

“Love in your life allows you to focus purely on impact.”

MEET OUR GUEST Zen Chu, Health Tech Serial Entrepreneur, and Investor.

Faculty Director for the Healthcare Ventures graduate courses and Hacking Medicine student teams at MIT, Harvard Medical School and UCLA.

As founder of four medical companies and Hacking Medicine Venture Capital fund, Zen has 25 years of experience building early-stage medical technology and healthcare service companies, usually serving among the first investors in companies like PillPack.com, Abridge.com, FeelMore Labs, Nurx.com, Aptible, Luminopia, Molecule.to, MycoMedica, DirectDerm and a few others still in stealth mode.

Zen cofounded and served as CEO for 3D-Matrix Medical Inc. a venture-backed MIT regenerative medicine company with a successful IPO in 2011. 3D-Matrix has wound-healing and drug-delivery products on the market outside of the US and multiple human clinical trials in process.

I met Zen through the MIT Healthcare Ventures, a course that teaches entrepreneurship, business models, and venture creation around technology that can transform healthcare. Zen actively consults companies in pharma, health tech, and healthcare systems struggling to adapt to global digital healthcare transformation and emerging markets.

Referent Leadership – Jim Dougherty

SpreadLove In Organizations
SpreadLove In Organizations
Referent Leadership - Jim Dougherty
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You rarely chat with a leader with such extensive successful experience, from building companies to being on boards of large institutions, whose purpose is to make people happy. Through his humility and focus on mutual respect, transparency, and honesty, Jim Dougherty believes that one of the most important keys to success is the culture you create in a company. For him, culture should be created strategically in every company including startups, and not only be words on a wall or a slide. You’ll hear incredible advice on how to lead turnarounds while engaging teams to thrive and be at their best. In the end, people will remember how they felt with you, and this is the legacy that will remain…

“People want to work with you because they want to learn how to behave like you.”

MEET OUR GUEST Jim Dougherty Executive Chairman and Co-Founder at Madaket Health.

Jim is an entrepreneur, senior executive, and also Senior Lecturer in Technological Innovation, Entrepreneurship, and Strategic Management at MIT. He has extensive experience working directly with investors to execute highly successful turnarounds of troubled companies. He has stabilized and recapitalized such companies as Gartner, IntraLinks, Prodigy, and Small Business ISP. At Lotus Development Corporation, Jim was the founder of eApps (Internet Division), and he created the NOTES: NEWSSTAND business publishing service which was later sold successfully. He is also an Adjunct Senior Fellow for Business and Foreign Policy at the Council on Foreign Relations. He sits on the board of different institutions too.

Jim is on the Board of Trustees for Beth Israel Deaconess Medical Center, where he Chairs the Research Oversight Committee, Bright Spirit Children’s Foundation, and the Foreign Policy Association in New York City.

Jim holds a BA in government from Framingham State University, an MA in international economics from Columbia University, and a Graduate Certificate of Special Studies in finance and administration from Harvard University.

Here are the great articles from Jim Dougherty we mentioned in the episode published in Harvard Business Review – HBR.

Great Job! For Real?

While every single day, I live the fact that nothing works without TRUST, here is my last experience on “feedback” sessions when true trust is missing…

How many times in a corporate world while driving a project, you just felt like stopping it because of internal hurdles. How many times the project was so painful that teams even lost the essence of why it started and were just happy it ended… Moreover, the aftermath usually looks like a simple mail with “great fantastic job all”! Along this, as leaders we usually feel this urgent need “to recognize the group and celebrate” rather than dig into what happened to make it better.

How many times then have we tried, as good leaders, to do a “post-action feedback review”? Usual result: instead of a string of congrats emails, a beautiful meeting room filled with individuals and leaders congratulating each other. Those untrue feedbacks and enrobed thoughts kill teams, make things so slow in organizations and never put people into a trustworthy relationship to improve continuously.

Thinking through this corporate “politeness”, I remembered my lifetime experience in the Lebanese Red Cross. Basis is trust for sure. True trust between people and the leaders who show daily their trust for their teams and their radical empathy. In this safe environment, everything is possible. A simple exercise we used to do back then was an “evaluation”. Every single mission we did would end – whatever time it was – by an evaluation. Always. No one would go out of the ambulance without this true, sometimes tough, evaluation. Let me detail what this was: During an emergency, you just do not have time to say “sorry” or leave someone do a mistake or risk patient’s life; you just do. Therefore, what was key for teams to learn and grow their capabilities was to discuss after each action how things went, where someone went wrong, when someone did great, if someone put others at risk or patient at risk etc… With emotions and adrenaline, some of those evaluations would go into tough discussions, true talks, real words but they would always end in the ambulance with the mission done. When out of the car, we would go back to normal, back to a real team whatever happened and said there; nevertheless individually and as a team grown.

Three learnings from this experience:

– If trust is there, you can talk true because people really believe that the feedbacks given are not personal. The feedback is given on the work performed, how to improve it and make the individuals and team learn continuously.

– Do an after-action review on every single important project because you can always learn from great things and the day it goes bad you can talk true. If you only do an after-action review when things go wrong, people will always try to find out ways to say that in fact it went great…

– The ambulance… Do the review directly within the action and not in a meeting room after a while… Have a “safe place” environment where people can express everything they want, and when out of the session, things stayed in and only learnings went out with them.

Finally, real trust here is important for a simple aspect: people should know that this is not a performance management process and that as a leader you deeply believe they are doing a good job – otherwise you would have treated this separately. The only reason of the “evaluation” is to grow as individuals by learning and as teams by co-working honestly. Only then, you will start to move fast as an organization and make things better for the people and customers you serve.