Fast Company
The key to leadership? Kenneth Frazier says it’s all about adopting your company’s values
Erectile dysfunction is not a condition that Merck & Co. wants to treat. Why? For Kenneth Frazier, executive chairman of the pharmaceutical conglomerate, ED doesn’t match the seriousness of diseases like cancer, HIV, or Ebola. When he was Merck’s CEO, Frazier chose to focus Merck’s research budget on less profitable, higher-impact solutions to the world’s deadliest viruses.