Rethinking Life-science's talent search

With the ever changing evolution of the gig economy, many industries have had to adjust to meet the demands of the market to continue to ensure that they were still hiring top talents, that goes for industries like Pharma and Biotech. As outlined in this Pharma Exec article published this year, Pharma has been considered the employer of choice for a long time, an industry where many employees would jumpstart their careers as they sought the opportunity to grow within a company or move comfortably to another industry employer. 

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2019 Gartner Study: It's Getting Harder to Find Top Talent

Staff shortages have escalated in the last three months to become the top emerging risk that organizations face globally, according to Gartner, Inc.’s latest Emerging Risks Survey.

The survey of 137 senior executives in 4Q18 showed that concerns about “talent shortages” now outweigh those around “accelerating privacy regulation” and “cloud computing”, which were the top two risks in the 3rd Quarter 2018  Emerging Risk Monitor.

“Organizations face huge challenges from the pace of business change, accelerating privacy regulations and the digitalization of their industries,” said Matt Shinkman, managing vice president and risk practice leader at Gartner. “A common denominator here is that addressing these top business challenges involves hiring new talent that is in incredibly short supply.”

“Unfortunately for most organizations, the most critical talent needs are also the most rare and expensive to hire for,” said Mr. Shinkman.

At Clora, we're building a two-sided marketplace to connect the world's top life consultants to the world's top life science companies. Find out why so many of both are joining Clora in order to expand their networks on demand.

SOURCE: "Gartner Survey Shows Global Talent Shortage Is Now the Top Emerging Risk Facing Organizations," January 17, 2019.

Rahul Chaturvedi
ABOUT THE AUTHOR | Rahul Chaturvedi
CEO, Clora

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