The pharmaceutical industry has long been considered one of the largest, most enduring and knowledge-intensive sectors in the global economy. However, the pharma industry, like many other sectors, has been affected by the global economic crisis and has been forced to rethink its strategy to remain competitive. As a result, recruitment professionals working in this sector have also had to change their approach to adapt to the needs of this sector.
As NGP’s “Targeting Top Talent” article states, “Human capital is the key to success in any industry – but it is especially relevant to an industry such as the pharmaceutical sector where knowledge is the name of the game”. For those of us in recruitment, we have long known that the scientific, commercial and financial success of any pharmaceutical company is directly related to the competency (knowledge, skill and attitudes) of its employees.