| Life Sciences: senior academics recruited for R&D leadership rolesBoards demand greater commitment from directorsWho you pay is what matters, not how muchCIOs need to prioritize succession planningTop HR professionals share common skills with great CEOs |
Life Sciences: senior academics recruited for R&D leadership roles
Drug Discovery Today
In view of the current R&D senior talent shortage, a growing number of pharma firms are seeking leaders from the academic sector, notes Joanne W. Yun, a consultant at Egon Zehnder International, San Francisco, in an editorial for Drug Discovery Today. Yet many top scientists find it tough to make the switch to industry as they lack the skills essential to commercial success, she adds. Based on extensive experience, Egon Zehnder International has identified 5 core competences required by potential R&D leaders: the ability to collaborate and influence, team leadership, commercial orientation, results orientation and strategic orientation. To facilitate a successful transition, companies should also support senior academic leaders switching to industry with an onboarding program and a mentor. Pharmaceutical and biotechnology companies that invest wisely in senior academic talent will be well-positioned to benefit significantly in R&D innovation, Yun concludes. |
