Leadership Trends

The changing environment in Life Sciences has prompted general managers and HR business partners to re-examine the competencies, skills and knowledge required at all levels in their organisations to excel in the global competitive marketplace. Life Sciences companies are strengthening their product pipelines, overcoming challenges of getting products to market and driving top line growth. Pharmaceutical, biotechnology and medical device companies need to accelerate the product development process and identify opportunities to reduce costs. Companies are also looking to improve efficiency of product development through new processes and new alliances.

Successful leaders in Life Sciences have a need for greater transparency and organisation. Companies are strengthening their medical departments to support sales and marketing in providing scientific advantage to their products and marketing strategies. There is an increasing emphasis on safety in the regulatory approval process and cost effectiveness. Costs and challenges of developing new drugs and medical devices and getting them to market are escalating and are leading companies to mergers, acquisitions and strategic alliances.

To succeed in today’s environment, there is a further demand for key competencies in results orientation, innovation, excellent communication, leadership skills, strategic orientation, high energy, financial acumen and vision. Depending on the function, these could be combined with experience such as people development, P&L responsibility, business development, commercial development, R&D leadership, fundraising, investor relations and international experience. Our forte is in finding and attracting these talented leaders.

Elina Kavouridi

Elina.kavouridi@harveynash.com

March 18, 2009 10:54 AM | Permalink