Challenges
The life sciences industry is rapidly evolving, with new sales models focusing more on specialists and open business models for R&D organisations. Given the overall complexity of a life sciences company, the talent strategy needs to be adapted to the specific business challenges. Adequate skills and expertise are required to:
- Manage changing skill requirements
- Attract critical workforce segments, especially scarce technical, engineering and scientific profiles to drive future R&D growth and innovation
- Retain critical workforce segments in an environment of organisational changes, post-merger integrations and labour cost reductions
- Adapt work solutions to employees’ expectations
Deloitte service offering
On the talent management front, Deloitte’s service offering includes:
- Optimisation of HR processes
- Competency management and job design development
- Performance management design
- Supporting organisational re-design initiatives
- Developing talent strategies and roadmap implementation
- Talent identification
- Strategic workforce planning, including succession management
- Post-merger integration assistance on organisational, HR and change level implementation of HR solutions (SAP HR, PeopleSoft, etc.)
- Change management to support organisations transitioning towards a new organisational structure, role or IT environment
- Searching for and selecting skilled talent