In the past year, since being honored as a Titan 100, Matt Stroschein has led WAYS Pharmaceutical Services to unparalleled heights, marking his tenure with significant milestones that underscore his leadership and commitment. The company has seen expansion in its client list and has also processed 43% more regulatory submission compared to the previous year.
“This substantial increase is not just a testament to the team’s enhanced operational capabilities but, more importantly, reflects their deeper engagement with research and development teams who are at the forefront of bringing innovative medicines to the market,” said his colleagues. “Matt’s leadership philosophy, centered on fostering collaboration, has empowered the WAYS team to navigate the complex regulatory landscape more efficiently and effectively.”
WAYS Pharmaceutical Services provides regulatory submission services to the life sciences industry. The firm’s mission is to operationalize its combined knowledge and practical experience to efficiently deliver quality, compliant, regulatory submissions to health authorities around the world.
Stroschein has adopted a forward-thinking approach that has been pivotal in setting the firm apart. A key initiative has been the introduction of cross-industry talent into the fold, recognizing that fresh perspectives can stimulate and enhance adaptability. This has led to onboarding a seasoned professional from outside the pharmaceutical industry to develop a comprehensive internal training program, ultimately diversifying skill sets and fortifying the resource pool. Through these efforts, the firm increased its capacity to manage and publish regulatory submissions more efficiently and in compliance with FDA regulations.
“This past year has taught me profound leadership lessons, with the importance of leading and motivating virtual teams emerging as a cornerstone of our continued success,” said Stroschein. “It is evident that the art of leadership in today’s world is not just about driving performance but also about nurturing an environment where innovation, security, motivation and well-being come together to create a thriving and sustainable workplace.”
Stroschein’s leadership approach focuses on fostering an environment that nurtures the next generation of leadership. The company has implemented a multifaceted approach centered around mentorship, continuous learning and community service. In addition, WAYS Pharmaceutical Services established an internal training program where experienced staff members offer guidance and support to less experienced colleagues.
“My secret superpower is building resilient and adaptable teams,” said Stroschein. “I do this by really getting to know my team members, understanding their strengths and creating a supportive environment. By empowering each person to be their best, we make our organization stronger and more agile.”