Pros – Small company, clean and spacious environment, diversity of work and people, state of the art labs, scientific expertise, some longtime staff still in place for company and product history, physical location in the heart of biotech/drug community and MIT.
Cons – Senior management does not want to listen to staff and hear the sometimes difficult truth about a product or outcomes. Small company mindset can often lead to narrow viewpoints and lessen the diversity of innovative people and pipeline. Limitation of capital and resources is often inherent in such a small company.
Advice to Senior Management – Learn from mistakes and stop repeating them. Actively listen to staff on a regular basis (Company meetings? hello!) and communicate decisions to all staff in a timely manner in order to improve workflows, establish better processes and SOPs. Focus on product development, technical innovation paths, and new strategic alliances. Don't work in a silo or ivory tower - either at the company or within industry.