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Products & Services Sales and Marketing New Product Development and Launch Managing Development Process Cross-Functional Teams Recruiting and Selecting

Human Resources in Driving Growth through New Product Planning and Strategic Alliances

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ID: 4680


Features:

Metrics, Graphics


Pages/Slides: 15


Published: Pre-2014


Delivery Format: Online PDF Document


 

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  • STUDY OVERVIEW
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Study Overview

This document reviews human resources management in the pharmaceutical industry, showing companies how to best recruit and select, train and develop new employees. Pharmaceutical companies can benefit from this report’s findings to help identify new product planning personnel recruits that bring the optimal cross-functional skills to ensure comfort when dealing with different product stages and to prevent leads from becoming disorganized and over-looked. This 15-page document can help pharmaceutical companies organize and retain an effective human resources department.

Key Topics

  • Recruiting and Selecting
  • Training and Employee Development

Sample Best Practices
  • Seek cross-functional skills when recruiting new product planning personnel to ensure comfort dealing with different product stages.
    * One benchmark partner’s New Product Planning department is responsible for many responsibilities throughout the product development process. For this reason, the department personnel must possess the ability to work closely with many different professionals across many different disciplines.
  • Identify candidates with superior networking ability when selecting strategic alliance personnel.
    * A director for licensing at one studied company screens candidates for either current networking ability or networking potential, depending on the position.
  • Require scientists to include conference learning in expense reports to foster knowledge gathering and management.
    * Require scientists to include conference learning in expense reports to foster knowledge gathering and management.

Methodology
The insights and best practices showcased in this report are distilled from lessons learned in interviews with executives and specialists who have extensive experience in designing and managing new product planning and strategic alliance departments at a range of pharmaceutical companies. This document originated from a Best Practices, LLC consulting project.

Industries Profiled:
Pharmaceutical; Biotech; Health Care


Companies Profiled:
Eli Lilly; Pfizer; Amgen; Janssen

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.