Ascension Deficit - The Challenge of Finding Leaders for the Life Sciences

Wherever you look, demand is high, supply is constrained. Nowhere is this more true than in the hyper-competitive arena of executive and board search. And in no other sector has competition reached a higher pitch than in Healthcare and the Life Sciences.

Howard Pezim and Darren Raycroft have weathered the same uncertain times we all have. As partners and managing directors of the Bedford Group TRANSEARCH, and co-leads of the executive search firm’s Healthcare and Life Sciences practice, their time has also been spent in the eye of a hiring storm. Finding tomorrow’s Life Science leaders has never been so challenging, nor the competition more fevered.

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Diversity In The Biotech C-Suite Q&A

"If you're paying attention even a little bit to the diversity of the biotech C-suite, it's easy to see that there are few women or visible minorities at the top. But just how bad is the situation?"

The following is a Q&A with Fierce Biotech and Darren Raycroft, partner and managing director at executive search firm The Bedford Consulting Group.

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Ability To 'Read Between The Lines' Becoming A Critical Leadership Skill

One of the little things that may make all the difference in terms of sorting the winners from the losers in today's global business climate is a leaders' ability to 'read between the lines'.

That is, can the individual leader look at a checklist and see what's not written on paper? Can they sort through a job candidate's resume and interview to determine what's not being said? And can the boss sort through mounds of data, risk analyses and competitive reports to see what's missing?

Seeing what's already apparent to even the casual observer is easy. But thinking about a business challenge from a new frame of mind and seeing the influences on markets, consumers and organisations that others don't is becoming a vital skill for senior management.

Often, as many business leaders will attest, the most interesting thing that comes from an important business meeting is what's not said. So, too, today's culture of information overload may distract leaders from what's essential.

That's why a demonstrated ability to see clearly through the haze of economic uncertainty and beyond the typical data dump that precedes big decisions is a critical competency of senior leadership.

Understanding all the influences on a business decision is key, but seeing the potential of that same decision requires an unprecedented level of business savvy about what's not being said, what's not immediately apparent, and the potential customers and partners a company doesn't already know.

In the world of TMI (too much information), the best leaders appreciate that too little information about the unknown, the uncertain, what's really possible and how to get there can stifle innovation and fail to connect the enterprise to what it can achieve.

As passionate experts in the executive search and leadership consulting industry we build leadership teams for our clients every day. Learn more about TRANSEARCH International and our wide-ranging approach to leadership acquisition and management assessment.