KEY TAKEAWAY: Pharma companies need people who can bring an empathetic view to everything they do. You will have the opportunity to help people with health problems so that they can live a better quality of life. It’s not going to be easy, but when you succeed, you will feel like you made a difference and to me that’s what a career should be about.
KEY TAKEAWAY: The biggest challenge facing pharma is not from the affordable care act or from the consolidation of insurers, it’s that talented and passionate people will continue to leave the industry and that it won’t be able top attract the change agents needed to remind people that helping patients and developing good products leads to a healthy company.
According to PWC “51% of top executives report that hiring has become more difficult than before. HR must be more tightly integrated to R&D organizational decision making and a strategic function in all cases.” Make no mistake about it this is a problem made worse by big pharma business model of massive layoffs and closed loop hiring. Anyone, whether in R&D or marketing, would have to have a screw loose to want a career within pharma.