{"id":9645,"date":"2022-06-08T11:05:48","date_gmt":"2022-06-08T10:05:48","guid":{"rendered":"https:\/\/www.x4lifesciences.com\/2022\/06\/08\/hiring-challenges-in-the-life-sciences-industry\/"},"modified":"2022-07-12T09:51:12","modified_gmt":"2022-07-12T08:51:12","slug":"hiring-challenges-in-the-life-sciences-industry","status":"publish","type":"post","link":"https:\/\/www.x4lifesciences.com\/de\/2022\/06\/08\/hiring-challenges-in-the-life-sciences-industry\/","title":{"rendered":"Hiring challenges in the life sciences industry"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row full_width=&#8220;stretch_row&#8220; el_class=&#8220;dark&#8220;][vc_column][vc_column_text]According to PwC\u2019s recent survey,\u00a0<a href=\"https:\/\/www.cbre.co.uk\/-\/media\/files\/life%20sciences\/10652_digital_talent_in_life-sciences_final.pdf\">60%<\/a>\u00a0of life sciences CEOs are very concerned about a digital talent shortage and\u00a0<a href=\"https:\/\/www.cbre.co.uk\/-\/media\/files\/life%20sciences\/10652_digital_talent_in_life-sciences_final.pdf\">57%<\/a>\u00a0find it very hard to attract the right calibre of people.<\/p>\n<p><a href=\"https:\/\/www.cbre.co.uk\/-\/media\/files\/life%20sciences\/10652_digital_talent_in_life-sciences_final.pdf\">Biopharma<\/a>\u00a0and life sciences companies are not just searching the same talent pool as other industry sectors for general digital talent, but are now also facing competition from technology companies for specialist sector talent, such as computational biologists and bioinformaticians.<\/p>\n<p>We spoke to a Chief Operational Officer at a start-up biotechnology company to find out about their hiring processes and what they look for in talent to support the development of advanced medicines.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8220;stretch_row&#8220; el_class=&#8220;light&#8220;][vc_column][vc_column_text]<\/p>\n<p style=\"padding-top: 10px\">\n<h6><strong>Are you willing to take risks on less experienced candidates who are passionate about innovation?<\/strong><\/h6>\n<\/p>\n<p>That very much depends on the role. Some roles, you simply can\u2019t afford to take the risk, or invest the time to train people up \u2013 particularly in specialist areas. In other roles \u2013 it makes perfect sense to hire for potential and passion.<\/p>\n<h6><strong>When you are hiring new talent to assist with the development of advanced medicines, do you find the standard interview process to be valuable or out-dated?<\/strong><\/h6>\n<p>Interesting question. I am very conscious of the bias in interviews, where people tend to hire in their own image \u2013 which ultimately produces a far less capable team when you are trying to solve very complex problems.<\/p>\n<p>In the context of UK university spin-out start-ups, we are always attempting to solve those sorts of questions, and very quickly. People who are resilient, problem-solvers, who are comfortable with ambiguity and can work outside their comfort zone are what those sorts of start-ups need. Those are difficult attributes to assess in a standard interview.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8220;stretch_row&#8220; el_class=&#8220;dark&#8220;][vc_column][vc_column_text]<\/p>\n<p style=\"padding-top: 10px\">\n<h6><strong>How important do you think it is for people to truly buy-in to what you are doing and what your ethics are?<\/strong><\/h6>\n<\/p>\n<p>I think this is really a question about engagement? Attempting to assess if \u2018someone truly buys into what you are doing\u2019 sounds more like self-confirmation bias in the hiring process? I think what you want is employee engagement, which itself is a function of (i) alignment between the employee\u2019s needs (doing mostly the things they enjoy doing, financial, developmental, etc.) and that of the business and (ii) their sense of involvement.<\/p>\n<p>I think it is more important to relentlessly develop people. I actually don\u2019t care if they ultimately leave the business, so long as when they get to the end of their careers \u2013 they look back and think \u2018that was a worthwhile experience\/I learnt a lot that helped me later on.\u2019 I don\u2019t particularly want people who drink whatever the product in developments \u2018cool aid\u2019 is \u2013 as that slows down organisational learning.<\/p>\n<h6><strong>Do you find it\u2019s a risk hiring experienced candidates who may bring more traditional modes of thinking into what needs to be an innovative environment?<\/strong><\/h6>\n<p>It depends on the role. In life sciences, it is definitely not innovation at any cost \u2013 or very bad things can happen. Experience of \u2018what good looks like\u2019 is actually very helpful, particularly in certain areas.<\/p>\n<p>As long as they are hungry to learn, and focused on \u2018getting the job done \u2013 not getting their job done\u2019 \u2013 I don\u2019t see risks.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8220;stretch_row&#8220; el_class=&#8220;dark&#8220;][vc_column][vc_column_text]According to PwC\u2019s recent survey,\u00a060%\u00a0of life sciences CEOs are very concerned about a digital talent shortage and\u00a057%\u00a0find it very hard to attract the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[239,320],"tags":[],"class_list":["post-9645","post","type-post","status-publish","format-standard","hentry","category-insights","category-thought-leadership"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - 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