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Rick Berenson Discusses Importance of Finding Correct CEO To Lead Scientific Team

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Total Case Duration :

  • Date Added : 6/2/2005
  • Clip Duration : 1 min. 3 sec.

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Rick Berenson

  • Managing Director, NCIIA (National Collegiate Inventors and Innovators Alliance)
  • male
  • Caucasian
  • 1958 (Age: 63 years old)
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • Video 1 of 19 in this Case
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Biography

Rick Berenson is the Managing Director of Venzyme. Rick has been leading organizations and developing practical, breakthrough strategy for more than twenty years. He has been CEO or COO at 9 startups, brought in by the investors on an interim basis to effect a new strategic direction.

Rick began his career at AT&T Bell Laboratories as a member of technical staff where he helped launch internal ventures. He then spent several years at software startups in the Boston area before joining McKinsey & Company as a management consultant. Subsequently, Rick has been CEO of ActivBiotics (early stage biotech), Banton Precision Wood Products (consumer products manufacturer), NewSphere (knowledge management software), Student.Com, Inc. (new media), and TVGrid (technology for the entertainment industry). He has also served as COO at ChannelHealth.Com (healthcare information and services), Morpace Pharma Group (medical market research), and AltiComm (telecom). Rick has been president of Alliance Management Consultants-US and, most recently, a senior partner at Monadnock Associates.

Rick Berenson received a JD-MBA from Harvard Business and Law Schools in 1984 and is a graduate of Harvard College.

I think that one of the biggest challenges for a scientific team is figuring out what makes a good CEO. What type of background, where do you find them. And typically the scientists will go to their next-door neighbor, some other friend. And that often turns out to be exactly the wrong thing to d...(Full transcript available to logged in subscribers.).

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Rick Berenson videos

Video 1 of 19 Paul McManus Shares Background of Millenia Partners
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 3 min. 25 sec.
Video 2 of 19 Rick Berenson Discusses Role as Venture Capitalist In Putting Together Strong Team
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Rick Berenson
  • 1 min. 44 sec.
Video 3 of 19 Jay Schwartz Discusses Role of Angel Investors and Background of Keiretsu Forum
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 3 min. 7 sec.
Video 4 of 19 Paul McManus Discusses Advantages of Fully Formed Management Team
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 1 min. 10 sec.
Video 5 of 19 Rick Berenson Discusses Importance of Finding Correct CEO To Lead Scientific Team
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Rick Berenson
  • 1 min. 3 sec.
Video 6 of 19 Jay Schwartz States Importance of Angels Investing In Companies They Understand
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 1 min. 1 sec.
Video 7 of 19 Jay Schwartz States At End Of Day Angels Should Invest In Best Team
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 0 min. 41 sec.
Video 8 of 19 Jay Schwartz States Reality That Many Inventors Fear Losing Control Of Their Knowledge
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 1 min. 16 sec.
Video 9 of 19 Paul McManus Shares Thoughts on Role of Advisory Board
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 1 min. 11 sec.
Video 10 of 19 Paul McManus Discusses Growth of Advisory Board As Company Grows
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 0 min. 38 sec.
Video 11 of 19 Rick Berenson States Advisory Board Should Bring Expertise and Lend Credibility
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Rick Berenson
  • 1 min. 0 sec.
Video 12 of 19 Jay Schwartz States Shares Thoughts on Company Team and Role of Advisors
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 2 min. 0 sec.
Video 13 of 19 Paul McManus States Advisory Board Members Should Play Integral Role and Not Just Be For Appearances
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 0 min. 59 sec.
Video 14 of 19 Jay Schwartz SharesThoughts on Putting Together The Pitch
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 0 min. 50 sec.
Video 15 of 19 Paul McManus Provides Comparison Between Science Team and Business Team
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 0 min. 51 sec.
Video 16 of 19 Paul McManus States One of Biggest Mistakes Is When CEO Doesn't Release Control Of Operating Issues
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Paul McManus
  • 1 min. 15 sec.
Video 17 of 19 Rick Berenson States Biggest Mistakes Are Trying To Do It All Yourself and Not Hiring On the Right People
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Rick Berenson
  • 0 min. 50 sec.
Video 18 of 19 Jay Schwartz Shares Thoughts on Inventor Transitioning To Entrepreneur and Experience That Come From Being In the Trenches
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 2 min. 5 sec.
Video 19 of 19 Jay Schwartz States Management Team Should Have Different Backgrounds and Communicate Well
  • Invention to Venture - June 2005 - Session 5 - Building the Venture Team
  • 6/2/2005
  • Jay Schwartz
  • 0 min. 0 sec.

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