Drug Discovery & Translational Medicine Symposium
Lunchtime Speaker - Richard N. Foster
Richard N. Foster, PhD - Lecturer in Management, YC '63, BE; Yale GS '65 MS and Yale GS '66 PhD (E&AS)
Dr. Foster is an emeritus director of McKinsey & Company, Inc. At McKinsey Dr. Foster was a Director and Senior Partner. While at McKinsey he founded several practices including the technology and innovation practice, the healthcare practice and the private equity practice. From 1995 to 1998 he led McKinsey’s worldwide knowledge development. Dr. Foster is a venture partner at Lux Capital and a general partner at Mansa Capital, a growth equity investment fund focused on early stage healthcare services and technology. He is a member of the board and the audit committee of the Trust Company of the West. He is a founding member of the Goldman Sachs Chambers Street Executive Network.
Dr. Foster’s research interests are in the relationships between capital formation, innovation, and regulation. Dr. Foster has written two best-selling books: Innovation: The Attacker’s Advantage (1986, voted by The WSJ as one of the five best books of the year) and Creative Destruction (2001, cited as one of the “ten best books of the year” by the Harvard Business Review).
Dr. Foster is co-chair of the National Academies (of Science, Engineering and Medicine) President’s Circle, the National Research Council 's Policy and Global Affairs committee, and the executive committee of the W. M. Keck Foundation. He is also a member of the Yale School of Medicine Dean’s advisory board, a member of the Harvard Medical School Health Care Policy advisory committee, and a member of the board of directors of the Memorial Sloan Kettering Cancer Center.