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April 30, 2024 37 mins

Join us for an insightful discussion with Michael Bailey, CEO of AVEO Oncology. Michael and Jasmeet delve into the realities of career growth, exploring both the triumphs and setbacks. Michael, a strong advocate for active listening, shares how this skill empowers leaders. He'll discuss the common pitfalls of aspiring leaders feeling pressure to climb the ladder quickly, which leads to taking shortcuts or neglecting a solid foundation, ultimately hindering long-term success. Michael also introduces his concept of the five E's of life and career. Don't miss this valuable episode packed with leadership insights!

 

IN THIS EPISODE:

 

  • [3:02] Michael provides an overview of his professional journey

  • [6:30] Michael outlines some setbacks and failures he has experienced

  • [11:29] Discussion on mergers and acquisitions

  • [15:21] Michael describes the goals he has for the company and the importance of being reputable 

  • [19:35] Michael discusses the future he sees in biotech and the value of mentors

  • [26:10] Michael gives advice to up-and-coming leaders and describes how he continues to learn

  • [29:50] Michael shares how he balances his personal and professional lives

  • [33:11] Jasmeet asks Michael rapid-fire questions

 

KEY TAKEAWAYS:

  • [7:53] The FDA is in place to bring patients the best and safest therapies. It’s essential to listen to them when conducting and designing studies. 

  • [11:14] During an acquisition, it must be a strategic fit. There should be a common goal and mission.

  • [16:45] Your company's reputation is essential to establish it in the marketplace for long-term success. 

 

RESOURCE LINKS:

Podcast - Leading Minds

Jasmeet Sawhney - LinkedIn

Michael Bailey - LinkedIn

 

BIOGRAPHIES:

YOUR HOST: JASMEET SAWHNEY 

 

Jasmeet Sawhney is a life sciences industry executive, marketing leader, and serial entrepreneur with deep roots in technology and data analytics. He is currently the global head of marketing at Axtria. Jasmeet has over 20 years of experience in life sciences and has helped build and scale three successful companies. He has received several company and individual awards, including Inc 500, Deloitte Fast 500, Crain’s NY Fast 50, NJBiz Fast 50, Business of the Year, SmartCEO Future 50, Top CMO, Forty Under 40, and many more.

 

Michael P. Bailey serves as president and chief executive officer for AVEO Oncology (an LG Chem company) and is a member of AVEO’s board of directors.  Michael brings more than 30 years of experience in the p

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