About the Company
The client is a leading US-based pharmaceutical company globally recognized for its innovative products and extensive research and development. With a skilled and diverse workforce, including researchers, and medical professionals, the company drives its success through expertise, innovation, and commitment to improving human health.
The company’s research efforts have resulted in groundbreaking discoveries and innovative products supported by collaborations with academic institutions and research organizations. It has established a strong presence internationally through strategic partnerships, subsidiary companies, and a vast distribution network. Its global operations allow it to bring life-saving products to patients worldwide, significantly impacting healthcare.
The client conducted an extensive survey to gain insights into their operations, and as a result, they successfully identified a few challenges that significantly impacted their business outcomes.
- The economic recession and downturn made it difficult for the company to attract qualified candidates for specific roles.
- The scarcity of suitable talent affected the company’s ability to fill crucial positions efficiently.
- Significant delays in the onboarding process, taking an average of 42 days for new hires to become fully functional.
- Training costs were wasted on new hires, impacting project deliveries and overall outcomes.
These challenges required immediate attention to ensure the organization’s smooth functioning and long-term success.