Why would the head of the FDA be a person WITHOUT any experience in pharma, clinical trials, or consulting?
I'm curious what kind of back ground is acceptable?
I really am curious what kinds of background you guys think somebody who can become head of the US FDA should have........these are highly educated M.Ds. with quite a lot of immersion in the fields of pharma, clinical trials, research, studies, etc. Of course they are highly paid.....I don't begrudge them their consulting fees. When you pay for that much education, and go to school for 12+ years, then you command consulting fees in the 2 and 3 figure areas.
CEOs of famous companies, and politicians do too. That is what happens when you reach the upper most level of your profession. (2016 is going to be a banner year for the political consulting industry. Through early December, candidates from both parties and their affiliated super PACs have spent more than $160 million on consulting services.)
If your company hires anyone to do executive coaching, it costs about $725 an hour. $500 an hour is considered normal. According to Forbes, "A partner at a small management or IT consulting firm (maximum sales: $10 million) charges $294 per hour on average". Coastal and urban-based consultants can command about 25% more than that. For a large over $10million firm, of course the consultants are going to be paid alot more.
Marshall Goldsmith a well-known Ph.D. mathematician receives $100,000 and up per coaching assignment for a Fortune 500 CEO...McKinsey, Bain and BCG and those kind of firms get much (MUCH) more.
this is normal practice when people are at high educational and experience levels...throughout the corporate, medical, scientific, IT and mathematical world..