The A-Myth: running your lab as a business

This presentation was first given as part of the Junior PI Meeting organized in the context of ISMB/ECCB 2013 in Berlin, Germany. Click here for more information about the JPI meeting. Some of the ideas presented in these slides are somewhat controversial. Please use the commenting system to share your feed-back and engage the conversation with me and other readers.

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A-Myth stands for “The Academic Myth.” I want to challenge the conventional wisdom that research groups in academia should not be managed as businesses. It is tempting to take cover behind our non-profit status, our noble pursuit of knowledge, and other excuses to dismiss the idea that management methods used to run for-profit organizations do not apply to academic research groups or research institutes. Our metrics of success may not be the same but we will see that the methods to reach our own success may not be that different.

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