• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Manufacturing
    • Packaging
    • Development
    • Compliance
    • Top 20
    • Directory
    • Solution Center
    • Events
    • More
  • Magazine
  • News
  • Manufacturing
  • Packaging
  • Development
  • Compliance
  • Top 20
  • Directory
  • Solution Center
  • Events
  • Current / Back Issue
    Features
    Editorial
    Columns
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    Reducing the Risk of Comparator Sourcing

    Clinical Data Management

    Leveraging AI/ML Analytics for Better Clinical Development Decisions

    What is a Manufacturing Ecosystem and Why are They Growing?

    Get Smart: Integrating PAT Data into Existing Biotech Data Infrastructures
    Breaking News
    Online Exclusives
    Industry News
    Collaborations & Alliances
    Promotions & Moves
    Trials & Filings
    Financial Reports
    Bio News & Views
    Custom Sourcing News
    Packaging & Tracking
    CRO News
    Live From Shows
    Top News
    EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins

    RK Pharma to Receive $200M Investment from PAG

    Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease

    TMC Expands Executive Team

    Peli BioThermal Opens Cold Chain Network Station in Southern California
    APIs
    Aseptic Processing
    Cleaning Validation
    Clinical Trial Materials
    Cytotoxics and High Potency Manufacturing
    Equipment
    Excipients
    Extractables and Leachables
    Facilities
    Fill/Finish
    Lyophilization
    Parenterals
    Process Development
    Process Validation
    Risk Management
    Scale-up/ Technology Transfer
    Solid Dosage/ Creams/ Ointments

    EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins

    RK Pharma to Receive $200M Investment from PAG

    Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease

    Peli BioThermal Opens Cold Chain Network Station in Southern California

    Purolite Expands Bioprocessing Production Capacity with New U.S. Facility
    Capsules
    Cold Chain Management
    Injectables
    Logistics
    Serialization
    Solid Dosage / Semi-solids
    Supply Chain
    Vials

    Peli BioThermal Opens Cold Chain Network Station in Southern California

    Biocair Partners with TrakCel to Improve Visibility in the Supply Chain

    SpectronRx, RLS Partner to Boost Radiopharmaceutical Pipeline and Supply Chain

    Serialization and the War on Counterfeit Drugs

    Traceability & 2D Barcodes
    Analytical Services
    Bioanalytical Services
    Bioassay Developement
    Biologics, Proteins, Vaccines
    Biosimilars
    Chemistry
    Clinical Trials
    Drug Delivery
    Drug Development
    Drug Discovery
    Formulation Development
    Information Technology
    Laboratory Testing
    Methods Development
    Microbiology
    Preclinical Outsourcing
    R&D
    Toxicology

    RK Pharma to Receive $200M Investment from PAG

    Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease

    Almac Group Global Workforce Hits 7,000 Employees

    Amarna Therapeutics Names Henk Streefkerk CEO

    Trinity Life Sciences Names Leslie Orne CEO
    Filtration & Purification
    GMPs/GCPs
    Inspections
    QA/QC
    Regulatory Affairs
    Validation

    Regulatory Affairs: Accelerating Drug Development Timelines

    Berkshire Sterile Secures Over $230,000 in Training Grants

    Purification – A Bottleneck for Large-Scale Manufacturing of Oligonucleotide API?

    FDA 2023 Inspection Roadmap: Is “Readiness” in Your Annual Objectives?

    FDA Watch: Are You Suitably Staffed?
    Companies
    Categories
    Corporate Capabilities
    Add New Company
    Contract Service Directory Companies
    Lannett CDMO

    CMC Pharmaceuticals

    Alcami

    Quotient Sciences

    Almac Group
    Companies
    News Releases
    Posters
    Brochures
    Services
    Videos
    Case Study
    White Papers
    Jobs
    Contract Service Directory Companies
    Lannett CDMO

    CMC Pharmaceuticals

    Alcami

    Quotient Sciences

    Almac Group
    Webinars
    Live From Shows
    • Magazine
      • Current / Back Issue
      • Features
      • Editorial
      • Columns
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
      • Enewsletter Archive
      • Digital Edition
    • Directory
      • Companies
      • Categories
      • Corporate Capabilities
      • Add Your Company
    • Manufacturing
      • APIs
      • Aseptic Processing
      • Cleaning Validation
      • Clinical Trial Materials
      • Cytotoxics and High Potency Manufacturing
      • Equipment
      • Excipients
      • Extractables and Leachables
      • Facilities
      • Fill/Finish
      • Lyophilization
      • Parenterals
      • Process Development
      • Process Validation
      • Risk Management
      • Scale-up/ Technology Transfer
      • Solid Dosage/ Creams/ Ointments
      • cGMP Manufacture
    • Packaging
      • Capsules
      • Cold Chain Management
      • Injectables
      • Logistics
      • Serialization
      • Solid Dosage / Semi-solids
      • Supply Chain
      • Vials
    • Development
      • Analytical Services
      • Bioanalytical Services
      • Bioassay Developement
      • Biologics, Proteins, Vaccines
      • Biosimilars
      • Chemistry
      • Clinical Trials
      • Drug Delivery
      • Drug Development
      • Drug Discovery
      • Formulation Development
      • Information Technology
      • Laboratory Testing
      • Methods Development
      • Microbiology
      • Preclinical Outsourcing
      • R&D
      • Toxicology
    • Compliance
      • Filtration & Purification
      • GMPs/GCPs
      • Inspections
      • QA/QC
      • Regulatory Affairs
      • Validation
    • Top 25 Pharma & BioPharma
    • Contract Pharma Direct
    • Breaking News
    • Online Exclusives
    • Slideshows
    • Experts Opinions
    • Surveys
      • Outsourcing Survey
      • Salary Survey
    • Glossary
    • Videos
    • White Papers
    • Podcasts
    • Infographics
    • Microsites
      • Companies
      • News Releases
      • Posters
      • Brochures
      • Services
      • Videos
      • Case Study
      • White Papers
    • Contract Pharma Conference
      • Contract Pharma Conference
      • Speakers
      • Exhibitors
      • Conference Sessions
    • eBook
    • Webinars
    • Events
      • Industry Events
      • Live from Show Events
      • Webinars
    • Classifieds / Job Bank
      • Classifieds
      • Job Bank
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Expert's Opinion

    Pharma Talent Acquisition Trends

    How to strengthen your talent acquisition culture with training and development.

    Pharma Talent Acquisition Trends
    Pharma Talent Acquisition Trends
    Neil Kelly, Managing Partner, Vector Partners04.20.23
    Talent acquisition (TA) teams are delivering more than they have ever needed to before. Although the volume of requisitions may have momentarily declined, the demands put upon the function continue to increase. In what can often be an intense working environment, cultivating and safeguarding a positive culture is paramount. In a recent survey, 2 out of 5 (38%) of employees blamed a poor company culture as the main reason they would be willing to quit their job without another opportunity lined up.

    Consider that for a moment. A swift (albeit hypothetical) 40% reduction of manpower within your hiring team is alarming, to say the least. What’s more alarming is that still, following years of discussions and reports to change the narrative, a negative culture within the team or organization in general, is one of the biggest reasons that great talent walks out the door. Equally, it’s also the reason you’ll fail to attract quality candidates to replace those you lose. What’s more, it’s (thankfully) increasingly difficult to keep a toxic culture hushed up for long anymore, not with the emergence of sites such as Glassdoor or Fishbowl. And nor should it be covered up. Working to transform the culture within your team and organization is far more constructive for all.

    If the pandemic taught us anything, it’s that we can’t ever be sure what is around the corner, whether in life or business. But a strong company culture can see you through even the worst of times. According to a Society for Human Resource Management (SHRM) report, how well your workforce handled the COVID-19 pandemic had a lot to do with its culture. That’s because a strong company culture creates resilient teams, and resilient teams are going to be key to weathering the current climate, and beyond.

    Consequently, protecting those precious internal resources by developing a strong culture, is vitally important. It’s become increasingly evident that one of the fundamental pillars of a positive culture is continued learning and development, and we aren’t just talking about an obligatory annual course to tick a few HR boxes. To truly embrace learning and development (L&D), it runs much deeper than that and is, in fact, woven throughout the entire fabric of the organization.

    Not quite sure how you weave L&D through your TA team’s culture? Use our crib sheet below as an at-a-glance guide to get you started.

    Cultivating a Strong and Positive Culture

    Sharing is Caring
    Collaboration is key when it comes to creating a strong culture, and a collaborative learning culture could unlock the perennial problem that all managers face at one time or another—budget. Instead of thinking of learning as an individual, or isolated experience, incorporating a collaborative learning culture encourages the sharing of intel between all team members and managers. This training methodology encourages employees to share their knowledge and expertise, teaching and learning from one another at the same time.

    Top Tip: Failure to prepare, is preparing to fail. Level up by fixing regular dates in the dairy that affords the time for meaningful collaborative learning. Send out details ahead of time what the learning topics are and give everyone fair time to question and comprehend their peers’ teachings.

    AI For Enablement
    If you haven’t done so already, it’s time to embrace the tech and view it as an enabler, not an inhibitor. As overwhelming as it might seem, AI should be an aid to your team’s efficiency and productivity, not a barrier. A report from MIT Sloan Management Review and Boston Consulting Group discovered that 8 out of 10 (79%) respondents who reported efficiency and decision improvements because of AI also saw improvements across four key cultural elements: collaboration, collective learning, clarity of roles and team morale. Underused technologies, or those that aren’t used to their full potential, can cause frustrations and disappointment, so learning how to use them correctly from the start is critical for success.

    Birds of a Feather
    A sum of a team with a shared goal is stronger than the individuals alone. But working together in the same team doesn’t automatically ascertain an alliance. If you want everyone to be on the same page, they need to feel comfortable with one another, and supportive of each other. This starts from the top down. Leaders that show vulnerability gain trust and among team members that trickles into other areas such as engagement and productivity.

    Top Tip: Check-ins for the wins. Encourage an environment where your team can share stories that aren’t work related with regular ‘check-ins’. Lead by example and jump right in! The more you and your team can learn about each other, the closer the shared vision will be. Workplace friendships can have an enormously positive impact on culture, so keep up the comms! NB. Always be respectful of people’s boundaries. Allow them to decide how comfortable they are with sharing information.

    Best Practices Are Best for All
    Avoid confusion or doubt by developing processes where everyone knows the right way to do something. When everyone follows the same set of guidelines, we automatically reduce friction and that opportunity for conflict. Practically, this might mean revaluating your current set-up to determine if you could be doing things better. Are your processes as efficient as they could be? Are they cost-effective or a drain on your budget, for which you no longer feel the benefit? When was the last time your TA processes were put under the spotlight? Would they stand up to the scrutiny of being DE&I appropriate for example? Or is it time to upskill and lean into more contemporary, inclusive TA methodologies?

    The Future’s Bright
    You don’t need a crystal ball to know that without clear options and career paths talented individuals will leave, sooner rather than later. With that, you’ll very likely see a domino effect in which peers follow. Before long negativity sets in, and with it, a sharp decline in productivity and employee engagement. It soon becomes an uphill struggle to regain a company culture that will retain the talent you have, let alone attract newcomers.

    But it doesn’t have to be this way. In fact, it couldn’t be simpler to avoid! Put yourself in your team’s shoes. What do they need from you and the business to stay? What might be their next role and are they aware of all the options available to them. Where can they see themselves in the company in 2 years or even 5 years? What training and development opportunities do they have to enable them to grow into their future self?

    Allow them to learn about their career path options and give them the ambition to grow within the company. If they can’t see a place for them with you, they will find it elsewhere. Become development and future oriented by providing continued professional development that benefits at both a company and individual level.

    Reframing Culture

    Building a strong culture within your function and throughout the business is not a new concept. And yet many companies, large and small, struggle to truly define, develop and crucially, maintain a culture that top talent strives to join.

    We assumed that people wanted ping-pong tables and pizza Friday’s—and for a while that worked. But much like using sticking plasters to mend a leaky bucket, they weren’t the panacea we hoped for. If needs aren’t being met at a base level, frivolous perks are meaningless. Continued training and development increases job satisfaction, provides skills and career advancements opportunities, and by enabling your team to be better at what they do, increases confidence too.

    This is how we overcome the culture challenge. This is how we retain and attract top talent.


    Vector Partners was founded in 2021 by Neil Kelly, a talent acquisition specialist with extensive experience in the pharma CDMO sector. Vector focuses on building sustainable growth through creating the right talent acquisition approach to build the talent needed to drive businesses forward.
    neil.kelly@vectorpartnersta.com; www.vectorpartnersta.com
      Loading, Please Wait..
      Trending
      • SpectronRx, RLS Partner To Boost Radiopharmaceutical Pipeline And Supply Chain
      • Samsung Biologics Accelerates Timeline Of New Fifth Plant
      • Biopharma Layoffs In 1Q23
      • Veeva Business Consulting Expands With New R&D Services
      • CRO Industry Trends & Challenges
      Breaking News
      • EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins
      • RK Pharma to Receive $200M Investment from PAG
      • Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease
      • TMC Expands Executive Team
      • Peli BioThermal Opens Cold Chain Network Station in Southern California
      View Breaking News >
      CURRENT ISSUE

      May 2023

      • New Modalities Hog the Limelight
      • Cell and Gene Therapy is Coming of Age
      • Demand Surges for Cell and Gene Therapy Contract Manufacturing
      • Embracing a New Reality
      • Japan: A Unique Opportunity for Regenerative Medicines and Cell & Gene Therapies
      • Single-Use Technologies Enable Biologic Scaling
      • Get Smart: Integrating PAT Data into Existing Biotech Data Infrastructures
      • FTEs in Drug Discovery
      • Digital Transformation in Pharma
      • What is a Manufacturing Ecosystem and Why are They Growing?
      • View More >

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Sempera Organics and Alkemist Labs Announce Partnership for Mushroom Testing
      Nektium Expands International Distribution Network for Botanical Extracts
      Kemin Receives Positive EFSA Opinion for BetaVia Pure, its Beta-Glucan Ingredient
      Coatings World

      Latest Breaking News From Coatings World

      PPG’s New Paint for a New Start Initiative to Beautify Schools Worldwide with Colorful Makeovers
      Powder Technology, Inc. Announces New Electrical Coating
      Michelman Chosen as Inaugural Recipient of Innovation Research Interchange (IRI) Excellence Award
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      Cue Health Nabs FDA's First De Novo Nod for an At-Home COVID Test
      ISO 13485:2016 Certification Granted to Boston BioProducts
      Paul Colvin Joins Ora Inc. as Chief Operating Officer
      Contract Pharma

      Latest Breaking News From Contract Pharma

      EUROAPI Invests €50M to Meet Growing Demand for Prostaglandins
      RK Pharma to Receive $200M Investment from PAG
      Axol Bioscience, StrataStem Partner on ‘Clinical Trial in a Dish’ for Alzheimer’s Disease
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Estée Lauder Announces Second Edition of Beauty&You Brand Incubator Program
      GetHarley Raises $52 Million in Latest Funding Round
      Refillable Skincare Products Face Hurdles Despite Growing Sustainability Awareness
      Happi

      Latest Breaking News From Happi

      Carrière Frères Introduces Candle Refills as New Sustainability Initiative
      Gen Z Entrepreneur Introduces The Ashley Marie Collection for 4C Hair Types
      The Estée Lauder Companies Expands Beauty&You Competition for Indian Beauty Brands
      Ink World

      Latest Breaking News From Ink World

      Siegwerk’s Center of Excellence in France Receives Facelift
      Epson announces MakeTheSwitch Campaign
      Pigments Market to Reach $26,598 Million by 2022: AMR
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      Mark Andy reports successful Low Migration Workshop
      Ryback and Ryback Consulting launches Machinery division
      TLMI launches 2023 award programs
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      The Honest Company to Exit Europe, Asia
      TechnoPlants to Exhibit at ITMA
      Andritz Buys 100% Stake in Dan-Web
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      Orthobiologics Market to Top $10.3 Billion by 2030
      Artelon Granted U.S. FDA 510(k) Clearance for FlexBand, FlexPatch & FlexBand Plus
      Synergy Spine Solutions Completes Enrollment in IDE Clinical Trial
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      ASSA ABLOY Receives Clearance from Mexico for HHI Acquisition
      Christoph Ostermann Named Chairman of Heliatek‘s Advisory Board
      Flexible and Printed Electronics Represented at productronica 2023

      Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login