For many years the realms of science and business have been thought of as distinct entities. Scientists have been seen as people who are solely focused on expanding the frontiers of knowledge whereas business professionals are responsible for turning that research into new products and services. However, more emphasis is being placed on bridges between these two domains to spur innovation.
This is especially true in scientific fields like medicine, where making sound decisions under pressure is essential to success. It is also the case in more applied fields, such as agronomy, engineering or computer science. In the latter, the ability to solve problems and think critically about alternatives can make or break the business.
The scientific method is also widely believed to be the most effective approach for companies. This means that you are willing to experiment and refine to get the desired outcomes. A clear understanding of risk and uncertainty is also essential.
There are some similarities between science and business but also many differences. While business is focused on sustainable profits, science is more concerned with sustainability in terms of resource usage. Profit-driven thinking could lead to the over-exploitation of a resource, which could lead to its eventual exhaustion.
Both careers require a lot of hard work and dedication. But if you have the right character, the rewards can be immense.