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Products & Services Medical Affairs Structure, Staffing and Budgets

Medical Affairs People Management Excellence: Maximizing Talent & Retention Through Better Training, Development and Career Path Leadership

ID: POP-370


Features:

8 Info Graphics

20 Data Graphics

250+ Metrics

6 Narratives


Pages: 37


Published: 2023


Delivery Format: Shipped


 

License Options:


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919-403-0251

  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • STUDY SNAPSHOT
  • KEY FINDINGS
  • VIEW TOC AND LIST OF EXHIBITS
As Medical Affairs evolves to meet new strategic goals, a widespread lack of People Management (PM) prioritization has impacted the training, career path, and development of Medical staff across the industry. By implementing effective People Management practices in Medical Affairs, organizations can differentiate themselves from the competition while raising their retention and team performance.

This benchmarking research identifies the strategies employed by top Medical Affairs groups to optimize talent and bolster retention through the implementation of better training, development, and career path leadership. This research examines crucial aspects of People Management within Medical Affairs, including onboarding, training protocols, ongoing development initiatives, retention strategies, hiring approaches, and performance assessments.

By capturing best practices and innovative strategies in People Management, this report empowers Medical Affairs leaders to foster a workplace culture that attracts and retains top-tier talent while elevating overall team performance.

Video Brief:


Industries Profiled:
Pharmaceutical; Biopharmaceutical; Medical Device; Health Care; Biotech; Consumer Products; Clinical Research; Laboratories


Companies Profiled:
AbbVie; Apellis Pharmaceuticals; Astellas; AstraZeneca; Baxter International; Boehringer Ingelheim; Eisai; Genmab; Grifols; Jazz Pharmaceuticals; Novartis; OM Pharma; Roche Molecular Systems; Sandoz; Sanofi; Sobi; Sumitomo Pharma; Teva Pharmaceutical Industries Ltd; UCB Pharma; Vertex Pharmaceuticals; ViiV Healthcare

Study Snapshot

Best Practices, LLC engaged 31 Medical Affairs leaders from 28 global biopharmaceutical companies in this benchmarking research. A range of Medical Excellence, Medical Training, and other Medical leadership roles were targeted in order to capture the diverse People Management strategies and needs across the industry. Organizational support represented by this study includes Medical leaders in both Global and US-focused roles. Best Practices, LLC also conducted deep-dive interviews with Medical Affairs leaders to capture additional insights.

Key topics covered in this report include:

  • Hallmarks of People Management Excellence
  • Onboarding and Training Resources Provided
  • Training Formats Used for New and Continuous Learning
  • Training Mix and Core Competencies Required for Mastery of Skills
  • Career Path Milestones
  • People Management Programs: Successes, Failures, and Ratings of Support
  • Assessing Managers for People Management Success
  • Hybrid Lessons Learned
  • Future Outlook and Focus Areas for People Management Groups

Key Findings

Select key insights uncovered from this report are noted below. Detailed findings are available in the full report.

  • Training Leaders: Most full-time trainers lie within Medical Affairs (56%), while about one-fourth use training staff in a centralized Learning & Development group.
  • People Management Hurdles: Lack of dedicated resources (58%), time (57%), and strategy (55%) are major obstacles for effective People Management.

Table of Contents

Sr. No.
Topic
Slide No.
I.
Executive SummaryPg. 4-11
II.
Introduction to People Management in Medical AffairsPg. 12-14
III.
Onboarding and TrainingPg. 15-23
IV.
Ongoing Development and RetentionPg. 24-29
V.
Hiring & Future NeedsPg. 30-33
VI.
Participant DemographicsPg. 34-36
VII.
About Best Practices, LLCPg. 37

    List of Charts & Exhibits

    I. Executive Summary

    • Benchmark study partner companies
    • Data summary: Onboarding, training, development, retention, and hiring
    • Data summary: Current state of People Management (PM) in Medical Affairs, key learnings, and future priorities
    • Training formats employed
    • Hallmarks of effective People Management
    • Hybrid lessons learned for effective People Management
    • Future focus areas for maximizing Medical Affairs talent

    II. Introduction to People Management in Medical Affairs

    • Differentiating with effective People Management
    • The current state of People Management in Medical Affairs

    III. Onboarding and Training

    • Number of full-time employees devoted to Medical training; Average number of Medical Affairs staff trained annually
    • Function of full-time Medical training FTEs
    • Training modules in the standard Medical Affairs training curriculum
    • Time to assume full job responsibilities for a new Medical Affairs employee
    • Channels used for Medical Affairs training programs
    • Overall Medical Affairs training mix
    • Dedicated training time for core Medical Affairs competencies

    IV. Ongoing Development and Retention

    • Adherence to a formal career path to guide and reward employee growth within each of the Medical Affairs sub-functions
    • Challenges hindering success in People Management within Medical Affairs
    • Actions implemented by benchmark companies to enhance People Management within Medical Affairs
    • Effective sources for gaining deeper insight into employee needs
    • People Management scorecard for individual Medical Affairs teams

    V. Hiring and Future Needs

    • Formal assessment of managers on their People Management results
    • Efficient approaches for evaluating managers in relation to their People Management effectiveness
    • Successful lessons learned for Hybrid People Management
    • High priority tactics for maximizing Medical Affairs talent

    VI. Participant Demographics

    • Therapeutic areas represented by benchmark partners
    • Geographical scope of participating biopharma companies