Heidrick & Struggles: Balancing Disruption and Stability in Healthcare and Life Sciences
In Heidrick & Struggles' fifth annual survey, 159 senior-level executives in the healthcare and life sciences sector were polled in order to understand how organizations are preparing for and responding to market disruption.
The study found that, as a whole, executives are happy with how their leaders managed through COVID-19, but fewer are confident they have the talent they’ll need for the long term. Only 52% of executives say their companies currently do attract and retain the best talent. Meaning that most companies need to take further steps in rethinking their talent strategy, creating inclusive cultures, and bolstering their leadership capabilities.
Just a few of the significant findings are:
- Executives saying their company faces more disruption today than before COVID-19 or 18 months ago
- Nearly two-thirds of executives highlight addressing skilled talent shortages as one of the most disruptive internal activities over the next 18 months
- Healthcare and life sciences executives put talent matters considerably higher on the list of internal activities that will disrupt their companies over the next 18 months