Thomas Dittrich

I highly recommend the insightful article on Bayer's transformation process, "Dynamic Shared Ownership," penned by our CEO, Bill Anderson. It's a must-read for anyone interested in organizational change and growth. I like to live this process even closer to my family, friends, team & colleagues. It is quite amazing to realize that we are all going through very similar situations, challenges, feelings and fears, no matter the industry or location. Isn't it better to surpass those fears and not look back, then remaining stuck? Together we can overcome anything. Proud to be part of #teambayer, a #diverse company thriving for constant personal and team growth.

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𝐂𝐡𝐚𝐧𝐠𝐞 is certain, part of our life. If you just look for the nature: from seasons shifting to landscapes evolving. 𝐈𝐭 𝐢𝐬 𝐨𝐛𝐯𝐢𝐨𝐮𝐬 𝐭𝐡𝐚𝐭 𝐜𝐡𝐚𝐧𝐠𝐞 𝐢𝐬 𝐢𝐧𝐞𝐯𝐢𝐭𝐚𝐛𝐥𝐞 𝐚𝐧𝐝 𝐞𝐬𝐬𝐞𝐧𝐭𝐢𝐚𝐥 𝐟𝐨𝐫 𝐠𝐫𝐨𝐰𝐭𝐡. You will 𝐛𝐞 𝐢𝐧𝐬𝐩𝐢𝐫𝐞𝐝 𝐚𝐧𝐝 𝐢𝐧𝐬𝐩𝐢𝐫𝐞 during the journey. Once the change has started: - 𝐋𝐢𝐬𝐭𝐞𝐧 and gather information. - 𝐅𝐞𝐞𝐥 what does the change do to you! - Be 𝐩𝐫𝐨𝐚𝐜𝐭𝐢𝐯𝐞 and 𝐚𝐬𝐤 if you are not sure. All changes are 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬, see from the positive side. Let's draw 𝐢𝐧𝐬𝐩𝐢𝐫𝐚𝐭𝐢𝐨𝐧 from nature's 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐚𝐝𝐚𝐩𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 as we navigate our own journeys of change. 𝐁𝐞 𝐩𝐚𝐫𝐭 of the 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧. How do you 𝐦𝐚𝐧𝐚𝐠𝐞 change? #Inspiration #Change #GrowthMindset

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**The Cost of Inaction: Rethinking Investment Strategies in the Face of Climate Change** I’ve been observing several unprecedented weather phenomena in the last year and I’m sure many of you have been directly affected by climate-related damages recently, in some way. To mention some numbers, in 2023 alone, the U.S. faced climate change-related damages costing approximately $150 billion— equivalent to 0.5% of US GDP. With projections indicating a possible 19% reduction in global GDP by 2050 due to environmental damage, CFOs face a critical decision point. As stewards of financial resources, how do you balance short-term gains against the imperative for long-term resilience? Please share your strategies, no matter how small, regardless of your role, and join the conversation on aligning our financial decisions and actions with the sustainable future of our planet. Your strategy might inspire others to do more!

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It is time to vote for a strong Europe and to protect European values.

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FP&A professionals often find themselves limited to basic financial reporting and scorekeeping role rather than strategic partner, contributing to innovation, drive financial strategies and guiding the team. Although our role in the company allows us to make a real impact, it's not always clear how to actively participate in the process. As rightly mentioned in this article, I believe the solution is a strong partnership between FP&A and the wider business. A few ways in which we can foster this partnership are: - View finance business partnering as an integral player which actively pursued and realised through collaboration, offering strategic financial guidance to support commercial decisions. - Concentrate on the desired outcome and measurable impact rather than approaching business requests as mere tasks. - Avoid getting caught up in striving for absolute perfection or precision in financial figures. - Be a reliable trusted partner by honing active listening skills and establishing the relationship on the foundation of respect, honesty, and trustworthiness. By practising the above-mentioned, we can position ourselves to move from being scorekeepers to becoming strategic partners! #FP&A #StrategicPartnership #Business

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With the increasing generational gap within companies, it is vital to take diversity into account alongside other factors such as ethnicity, disability, and background. As managers or leaders, we can deepen our understanding of DE&I (Diversity, Equity, and Inclusion) through training and by working to create a fairer workforce and workplace for everyone. Some potential DE&I training topics for managers could include unconscious/implicit bias training, inclusive leadership training, and managing age discrimination at work, with an emphasis on generational diversity training. I find it absolutely crucial that every individual within a company is given an equal chance for progression, fulfilment, and contentment in their workplace. #EthicalLeadership #DE&I #Empathy

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Great to see more ESG in EM

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An AI strategy is of little worth if you don’t have a strong data strategy. On the Data Chief Podcast, Walid Mehanna, Chief Data & AI Officer at Merck Group explored how we’re aligning business, #data, and #artificialintelligence strategy, leveraging the right data-driven technologies in our Data & AI ecosystem, and bringing our people and culture along to truly unlock the collective genius. “You can bring the best #technology in the world, but if you don't have fertile ground, if you don't have the right people on the ground that make sure that your workforce understands it and also that your processes are adjusted accordingly, then the technology will fail.” I couldn't have said it better myself. Tune in. Highly recommended conversation. via ThoughtSpot https://lnkd.in/dbmTb5QB

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We cannot solve problems of today and tomorrow with solutions from yesterday. Especially not in health and care! I am looking forward to joining this year’s Geneva Digital Health Day as a keynote speaker on May 30. Introducing the Novartis Foundation’s population health initiative AI4HealthyCities, I’d like to inspire timely conversations about the much-needed, deep integration of AI in fundamental health decision making processes. Only by leveraging the power of advanced analytics and AI, we will be able to decipher what drives a population’s health outcomes at scale – and act on it accordingly. Will I see you there? More information: https://lnkd.in/ejDyfe9X #PopulationHealth #HealthData #HealthEquity

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Slides from the recent keynote "Biopharma Dealmaking: Time for a Re-Think" I delivered at the Swiss Healthcare Licensing Group meeting in Montreux in May are now available on the Lumanity website. https://lnkd.in/ePi9Vwse This data rich presentation is important viewing for anyone involved with or interested in biotech corp dev strategy but especially for those pre-commercial biotech "sellers" pinning their hopes on a large pharma partnership. The historically unprecedented increase in the number of biotechs reaching or surpassing clinical PoC stage (5 x or greater over past decade) coupled with a limited number of large pharma "buyers" means odds for vast majority of would be sellers are long. Many more of these biotechs should start to see self-commercializing, especially those pursuing advanced therapeutic modalities, such as cell and gene therapy, as more of a "Plan A" than B. And for many of these companies the time to get started is now, not when they are late in P3 or beyond.

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What a wonderful way to explain your point of view about the imprtance of active listening and building connections. Multitasking is out of window. You have to choose one, multitasking or active listening. You can’t do other things while listening to a talk, a podcast or a song if you truly want to immerse yourself in what is being said in those words. Two way communication with understanding other s view point, clarification before moving on and sharing your proposal is the key to successful negotiations ! May be I should weite a book!

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An effective team culture drives to better performances, it has been really worhty to learn how to develop the right one and why it’s so important. 3 pillars to foster: - Culture of safety - Culture of engagement - Culture of growth #coursera #Illinoisuniversity #Illinois #growthmindest #teamculture

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🚀 As we continue our journey to a Self-Driving Supply Chain.. The team and I put our thoughts together on what enables a successful Digital Maturity Assessment based on experience from our projects. This is the basis for quantitative and qualitative values to realize in exchange for the innovation investments we all put in. Have a look at the 5 Key Elements in the below article!

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What does a healthy future look like to you? Maybe a world with thriving people, a clean environment, honesty and respect? At Teva, we want that, too. Our 2023 Healthy Future Report (which went live today!) shows how we’re making this a reality through our focus on sustainability. Here are a few highlights: 👥 7 access to medicines programs to date, delivering important treatments to patients who wouldn’t otherwise have them (ahead of schedule to reach our goal of 8 by 2025) 🌍 27% reduction in greenhouse gas emissions from our operations and purchased energy compared to 2019 (achieving our 2025 target two years ahead of schedule) and set a bold new target to achieve #NetZero emissions by 2045 💼 Nearly 100% of targeted active employees trained on compliance and ethics, reinforcing culture of integrity Learn more about how we are working to create the future we want to see: https://lnkd.in/eCYqDnEw #Tevapharm #Sustainability #HealthyFuture

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Driven by a unified purpose to impact the lives of people living with advanced cancers, Novartis is working to create a future where every eligible patient can receive radioligand therapies (RLTs) not just today—but into the future.   Learn more about this commitment to RLT: https://lnkd.in/g8JcTs7A   #ASCO24 #NovartisTogether

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Never Stop Learning: Lessons from Our Furry Friends Meet my two beloved dogs who recently “graduated” in their adorable caps! 🐾🎓 Their joyful spirits remind me of the importance and benefits of continuous learning and growth, no matter where you are in life or your career. Just like these pups who embraced their training with enthusiasm, we too should always strive to learn and evolve. Continuous learning can significantly advance our careers by keeping us updated with industry trends and skills, opening doors to new opportunities and promotions. On a personal level, learning enriches our lives with new perspectives and experiences, keeping our minds sharp and engaged. Moreover, in a rapidly changing world, the ability to adapt and thrive amidst changes is crucial—and continuous learning is the key to this adaptability. It ignites curiosity and passion, driving us to achieve our goals. Additionally, studies have shown that lifelong learning can also have significant health benefits, including reducing the risk of cognitive decline and improving overall mental well-being. Let’s take a cue from my dogs and embrace a mindset of lifelong learning. What new skill or knowledge will you pursue next? #NeverStopLearning #ContinuousImprovement #LifelongLearning #PersonalGrowth #CareerDevelopment

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Great insights. What do you think about “Networking and visibility, Customer and market knowledge, and Operational expertise” as the main skill gaps mentioned to be considered in the pathway from CFO to CEO?

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📣𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗴𝗿𝗮𝗽𝗵𝘀: 𝗧𝗵𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝘃𝗲 𝗮𝗱𝗱𝗲𝗱 𝘃𝗮𝗹𝘂𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗽𝗵𝗮𝗿𝗺𝗮𝗰𝗲𝘂𝘁𝗶𝗰𝗮𝗹 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆!    >𝗞𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗻𝗲𝗲𝗱𝘀 𝗱𝗮𝘁𝗮, 𝗱𝗮𝘁𝗮 𝗺𝗲𝗲𝘁𝘀 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲< Knowledge graphs offer the pharmaceutical industry unique and decisive added value compared to conventional data sources and analyses. Thanks to their ability to intelligently link and visualize a wide variety of data streams, they open up completely new possibilities for companies. 🔄 𝗛𝗼𝗹𝗶𝘀𝘁𝗶𝗰 𝟯𝟲𝟬° 𝘃𝗶𝗲𝘄 𝗼𝗳 𝗽𝗮𝘁𝗶𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 In contrast to silo thinking and fragmented data sources, knowledge graphs create a holistic 360° view of the patient journey, market dynamics and stakeholder relationships. This comprehensive overview is crucial for making informed strategic decisions. 💡 𝗖𝗼𝗻𝘁𝗲𝘅𝘁𝘂𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗰𝗿𝗲𝗮𝘁𝗶𝗻𝗴 𝗺𝗲𝗮𝗻𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝘂𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗱𝗮𝘁𝗮 While traditional analyses are often limited to structured data, knowledge graphs can also incorporate unstructured data such as patient reports, forums and social media. By contextualizing and creating meaning, valuable insights can be gained about patient needs, moods and trends.  ♻ 𝗣𝗿𝗲𝗱𝗶𝗰𝘁𝗶𝗼𝗻 𝗺𝗼𝗱𝗲𝗹𝘀 𝗮𝗻𝗱 𝘀𝗰𝗲𝗻𝗮𝗿𝗶𝗼 𝗮𝗻𝗮𝗹𝘆𝘀𝗲𝘀 Linking historical and real-time data in knowledge graphs enables the development of powerful forecasting models and scenario analyses. This enables companies to identify market opportunities at an early stage, minimize risks and optimize strategies. 🚀 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲𝗱 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻-𝗺𝗮𝗸𝗶𝗻𝗴 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘃𝗶𝘀𝘂𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 The visual representation of complex data and correlations in knowledge graphs facilitates understanding and communication. Decision-makers can see patterns, trends and courses of action at a glance and make informed decisions more quickly. 🧠 𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗲𝘅𝗽𝗲𝗿𝘁 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗮𝗻𝗱 𝗔𝗜 Knowledge graphs can be enriched with curated expert knowledge from trusted sources as well as powerful AI models such as LLMs and RAGs.  ⚖ 𝗖𝘂𝗿𝗮𝘁𝗲𝗱 𝗱𝗮𝘁𝗮 𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗶𝗻 𝗸𝗻𝗼𝘄𝗹𝗲𝗱𝗴𝗲 𝗴𝗿𝗮𝗽𝗵𝘀, 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗼𝗳 𝘀𝗰𝗶𝗲𝗻𝗰𝗲 A key advantage of knowledge graphs is the ability to seamlessly integrate curated and high-quality data sources. This capability is hugely important for the pharmaceutical industry, where quality, reliability and compliance are top priorities. By utilizing curation processes and quality assurance measures, knowledge graphs ensure that only validated and high-quality data is included in analyses. This step is crucial to avoid biased or erroneous results. Let's talk about use cases, pioneering work and lighthouse projects. On successes and benefits as well as added value. #HCM #knowledgegraph #knowledge #management #experience #AI #LLM #KG #commercialexcellence #marketing #kam #sales #datascience

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