Former co-leader of McKinsey’s worldwide Strategy Practice, who is also a successful professor of Strategy, as well as a former biotech CEO and senior government official.
2013-2019, Coyne Scientific, LLC Atlanta
Co-Founder and Chief Executive Officer. Launched start-up biotech services company that created a major advance in life sciences by creating world’s first population-level “Clinical Trials in a Dish” – i.e., stem cell-based in vitro drug safety studies of preclinical pharmaceutical compounds against genetically-diversified, representative samples of target populations. This proprietary testing platform produces significantly more accurate estimates of likely incidence and magnitude of adverse drug responses as a predictor of clinical outcomes, which could enable pharma companies to save up to $200 million per new drug developed.
· Key scientific results: Validated theory and practice of platform for pharma industry and broader toxicology community. In 6/2018, co-authored ground-breaking article in peer-reviewed scientific journal, SLAS Discovery, which garnered impact score in top 5% of all scientific articles ever tracked by scientific publication tracking firm Altmetric. In 9/2018, co-authored second major article in peer-reviewed scientific journal, Journal of Pharmacological and Toxicological Methods.
· Key business results: Invested $7 million of own funds over 5-year period to build company from scratch and create world-class team of 12 employees operating out of state-of-the-art, highly robotized, commercial-scale lab and office facility. Primary author on patents in seven countries. Garnered significant interest among 14 of Top 20 global pharma companies in becoming clients. However, funding lapsed in 12/2018 due to industry-wide shift of bio-tech venture capital firms to investing exclusively in creating drug therapies (versus drug development tools).
2006-Present, The Coyne Partnership, Inc. Atlanta
Co-Founder and Managing Director. Boutique strategy consulting firm devoted to serving clients on confidential, highly-targeted, C-level and Board-level strategy issues and to advancing state-of-the-art in innovation and business strategy. Key accomplishments:
· Industries served include: banking; beverages; catalog retailing; consumer finance; convenience stores; document management; health care; higher education; insurance; logistics; museums; publishing; quick service dining; trade associations; transportation.
· Advancing state-of-the-art in business strategy: Authored or co-authored multiple articles on business strategy topics for Harvard Business Review, McKinsey Quarterly, Financial Times, Forbes, BusinessWeek.com, MWorld, and Chief Executive magazine. Featured or quoted over 50 times in such media outlets as Wall St. Journal, New York Times, Forbes, Business Week, National Public Radio, Fox Business News, ABC News.com, Fortune, CNN.com., Economic Times and the Associated Press. Articles have been cited by academics in over 100 books, PhD theses and academic articles.
· Advancing state-of-the-art in innovation: Co-authored critically-acclaimed book on innovation, “Brainsteering: A Better Approach to Breakthrough Ideas” (HarperCollins, 2011). Excerpt in McKinsey Quarterly was its #1 most-downloaded article of 2011 with 116K unique downloads. Book was named to several “best” lists including Globe & Mail, 1-800-CEO-READ, and CIO Insight.
2008- Present, Goizueta Business School of Emory Univ. Atlanta
Senior Teaching Professor. Part time position delivering a distinguished lecture series and teaching an elective course to MBAs on Advanced Strategy. Course has been one of the largest and most highly rated courses in the school every year. Awarded Professor of the Year in 2016.
2007 Harvard Business School Boston
Professor. A senior, but part-time, member of the faculty of the Strategy unit, teaching one section of the required first-year MBA course in Strategy.
1978-2006 McKinsey & Company Washington, New York, Atlanta
Director (Senior Partner) in the world’s leading management consulting firm. Co-led McKinsey’s worldwide Strategy practice. Client work focused on corporate strategy, enterprise wide issues, and CEO counseling.
1978 Hired as youngest Associatein the Firm that year
1983 Began two-year leave of absence to serve in Reagan Administration
1986 Elected Principal (Junior Partner). Sixth youngest partner at the time
1994 Elected Director (Senior Partner)
1994 Founded the Strategy Theory Initiative- revamping McKinsey’s approach to Strategy
1996 Appointed co-leader of the worldwide Strategy Practice
2004 Co-leader of a new practice area focused on CEO transitions
Leadership of McKinsey’s Strategy Practice
From 1996 through 2003, co-led McKinsey’s worldwide strategy practice. Conceptualized and led the redesign of McKinsey’s core strategy approaches. Authored numerous external articles on strategy topics in the Harvard Business Review, McKinsey Quarterly and others. Led the development of McKinsey’s new core framework for approaching strategy problems. Revamped the approach to training consultants in strategy, and the established a permanent infrastructure to assist teams facing new or difficult strategy proposals and studies for clients.
Examples of CEO/Board Work
Worked one-on-one with over twenty-five different CEOs on one or more of the following subjects: setting the management agenda, corporate strategy, decisions to merge or sell the company, developing a new management agenda, top management organization (including decisions to hire and fire top executives), and integrated change programs. Examples include:
In addition to CEO and strategy work, led projects across the full range of functional issues, including:
1983-1984 U.S. Department of the Treasury Washington, D.C.
Executive Assistant (Policy Advisor) to the Deputy Secretary. Sole policy advisor to the second ranking official in the department. Coordinated (for the Deputy Secretary) U.S. response to LDC debt crisis (including working personally with the Chairman of the Federal Reserve. Served (with Deputy Secretary) as intermediary between Britain and Argentina to remove financial sanctions set up during Falkland Islands War. Negotiated (with Deputy Secretary) the opening of the Japanese capital markets to foreigners. Developed and reviewed certain Customs and other law enforcement strategies.
1976-1978 Harvard Business School Boston
Master of Business Administration (with Distinction). According to Dean of Admissions, only person ever admitted directly from his junior year of college. Dean’s List every semester.
1973-1976 Rice University Houston
Bachelor of Arts (Managerial Studies/Architectural Studies). Degree awarded in 1978, by transferring credits from graduate school (see above). Received special permission to attend without graduating high school. Dean's List every semester.