New Chemistry: Getting the biopharmaceutical talent formula right

As the biopharmaceutical industry faces a host of pressures that challenge its business model, R&D is undergoing the most dramatic revolution. New organizational models are all pointing outside—to partnerships, alliances, and even crowdsourcing. The human resources function must be more effective in shaping these partnerships and developing an accompanying talent strategy for their scientific workforce.

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Key findings

51% of top executives report that hiring has become more difficult than before.

HR must be more tightly integrated to R&D organizational decision making and a strategic function in all cases.

Developing and managing outside partnerships and regulatory science are the two most sought after R&D skills.

Performance incentives should combine "soft" and "hard" metrics

Scientists want career paths that recognize and reward their passion and commitment to science.
 

Contact us

Kelly Barnes
US and Global Health industries consulting leader
Tel: +1 (214) 754 5172
Email

Michael Swanick
Global Pharmaceutical and life sciences leader
Tel: +1 (267) 330 6060
Email

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