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6 June, 2019 - 18:17 By Kate Sweeney

Glyconics CEO flies flag for ethnic diversity after being named in global elite

Kam Pooni of Glyconics

Cambridge BioMedTech entrepreneur Dr Kam Pooni has been named in a global elite of ethnic minority executives and is championing the power of diversity to help companies grow internationally.

Dr Pooni is named in the EMpower 100 Ethnic Minority Executives List and pledges to leverage the platform to help peers hit the sweet spot in business.

CEO of medical diagnostics company Glyconics, Dr Pooni said: “There is lots of evidence to suggest that multi-disciplinary teams of people with different perspectives are the best for problem solving.

“At Glyconics we have seen the benefits of building a diverse team in terms of finding innovative solutions, gaining new customer perspectives and accelerating speed of product development.”

Glyconics is developing the world’s first hand-held devices to use infrared for diagnosis of a range of conditions including diabetes and chronic obstructive pulmonary disease; suitable for use by in-clinics and patients in their own homes. 

Dr Pooni said: “Personalisation is increasingly important in med-tech and digital health, particularly in tailoring solutions to different groups of patients. Having a team with a range of cultural experiences and the insight to understand the reasons for non-compliance is hugely beneficial.”

Early-stage, high growth tech companies need to go global quickly and Dr Pooni believes that encouraging more young people from black, Asian and minority ethnic (BAME) communities to consider technology careers would be highly beneficial for the UK economy.

He said: “You can buy in English but to sell effectively you need to understand the culture of the country you are exporting to. The Med-tech, pharmaceutical and bioinformatics industry in South Asia is particularly strong and competitive, but for responsive organisations it offers an exciting opportunity to penetrate a growing market.”

Dr Pooni is a firm believer in sharing the knowledge and experience he has gained over the years to ‘give back’ to others. To help raise aspirations, he mentors young BAME entrepreneurs at Qincubator, an inclusive community for future founders at Queen Mary University of London, and at Accelerate Cambridge, a University of Cambridge start-up ‘accelerator’ established by Cambridge Judge Business School for entrepreneurial talent development and commercialisation of new ideas. 

In addition, he provides advice and coaching through his company Yellow Planet Consulting to fellow CEOs and those requiring support with starting up their business, sharing ideas and building confidence. 

Dr Pooni says: “To be innovative, it is imperative to broaden your mind and go beyond your comfort zone and in a time of rapid change and uncertainty, diversity within the company is a key asset.”

The EMpower 100 Ethnic Minority Executives List is supported by Yahoo Finance – more details can be seen at https://bit.ly/2lipLOD

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