"Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat."
- Sun Tzu
Dr. Richard M. Bayney
President & Founder

Domain Expertise - Project & Portfolio Management, Risk Analysis & Risk Management, Asset Valuation, Strategic Planning, Licensing & Business Development, Drug Discovery & Development
  • 23-year veteran of the Pharmaceutical & Biotechnology industry at Merck & Co., Bayer Corp. and AG, Bristol-Myers Squibb, and Johnson & Johnson Pharmaceutical Research & Development
  • Previous position - Vice President, Portfolio Management & Decision Analysis, Johnson & Johnson Pharmaceutical Research & Development
  • 11 years building and leading departments in Strategic Planning, Decision Analysis, and Portfolio Management
  • 2 years as International Project Manager for marketed cardiovascular drug
  • 10 years in Molecular Biology research into gene expression of (a) hepatic drug detoxification systems and (b) amyloid precursor protein in Alzheimer’s Disease
  • Faculty member at School of Arts & Sciences and School of Engineering, University of Pennsylvania lecturing in (a) Project Portfolio Management and (b) Decision Modeling
  • Frequent speaker in ‘Portfolio & Resource Management, Risk Analysis & Risk Management, and Strategic Planning in Drug Development’ for Parexel/Barnett International, Global Benchmarking Group, Strategic Research Institute, Center For Business Intelligence, Phacilitate R&D Leaders’ Forum, Institute For International Research, Pharmaceutical Management Science Association, Product Development & Management Association, Tufts Center For The Study Of Drug Development, Med Ad News, Cambridge Healthtech Institute, EXL Pharma, Honeycomb Connect (PILS), and Decision Analysis Affinity Group
  • Advisory Board Member to Cambridge Healthtech Institute
  • M.Sc. and Ph.D. from University of London, MBA from Columbia University, and PMP from Project Management Institute

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