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Resources: Developing Leaders of the Future

growBOLD — 2013-04-28T18:06:05-07:00

Over the course of the last few months, BOLD, in partnership with the HR Strategy Forum, has been researching relevant articles and resources related to our next workshop on June 5th: Developing Leaders of the Future in Times of Change. This post includes a few of the key resources that we've found. We encourage our BOLD community to review these, and plan on attending our BOLD workshop. Integral Leadership Review: An excerpt from the paper: Nick Petrie (December 2011). *Future Trends in Leadership Development: A White Paper. Greensborough, North Carolina: Center for Creative Leadership. There were four trends for the...

Life Science Industry News: 2013

growBOLD — 2013-02-02T13:38:29-08:00

Industry News: The following articles represent relevant issues in the life sciences. Getting the biopharmaceutical talent formula right - Pricewaterhouse Coopers (PwC) Report, Feb. 2013 Excerpt: As the biopharmaceutical industry faces a host of pressures that challenge its business model, R&D is undergoing the most dramatic revolution. New organizational models are all pointing outside—to partnerships, alliances, and even crowdsourcing. The human resources function must be more effective in shaping these partnerships and developing an accompanying talent strategy for their scientific workforce. Key findings: 51% of top executives report that hiring has become more difficult than before. HR must be more...

BOLD Partners with HR Strategy Forum in 2013

growBOLD — 2012-12-14T12:05:27-08:00

As part of our commitment to deliver value to BOLD members, the BOLD Advisory Board has decided to extend it's partnership with the HR Strategy Forum (HRSF) in 2013. By combining our efforts, we intend to expand our reach and improve the quality of conversations in which our members engage. The synergy between organizations is remarkable. BOLD's mission/vision is very similar to HRSF's, and the membership criteria, although different, is complimentary. BOLD's membership will continue to consist of HR professionals in the Life Science Industry, and HRSF's membership will continue to cross all industries. This partnership extends a number of...

Performance Appraisals – Part III

growBOLD — 2012-11-05T21:30:55-08:00

Reserached by Debbie Tobin, BOLD Member, FivePrime Therapeutics, Inc. Case Study #2, Portola Pharmaceuticals As part of BOLD’s mission to develop and share best practices we continue to seek out new and different ideas how organizations manage their performance development process. In this case study we profile Portola Pharmaceuticals, Inc., - how they made significant changes from an upper management guided process, to a performance development process led by employees that encourages meaningful dialogues that enable optimal performance. At Portola Pharmaceuticals, Inc., employees are naturally geared toward proactive problem solving and performance-based results. Their culture is comprised of deeply committed...

Performance Appraisals – Part II: Case Study

growBOLD — 2012-10-04T12:47:00-07:00

By Debbie Tobin, BOLD Member, FivePrime Therapeutics Inc. Case Study: Juniper Networks Juniper Networks is ‘all about’ its values (see ‘Values Driven HR, from HR Magazine5) so when it was pointed out that its annual appraisal system was contra to these values something had to give. Beginning in 2009 Juniper started a process of defining, and articulating, its vision, its brand, values and aspirations to employees. With a blueprint of disruptive innovation, underpinned with central values of collaboration, authenticity and trust Juniper aspired to employ 100% ‘J Players’ – those who agree with the company’s mission and live the values...

Performance Appraisals: What's New?

growBOLD — 2012-08-16T21:13:10-07:00

GE’s way or the highway – perhaps not so much? By Debbie Tobin, BOLD Member, FivePrime Therapeutics Inc. Are employee performance ranking systems making way for more subtle, but no less rigorous, forms of assessment? In a recent (July 9, 2012) Forbes blog article1, author Kevin Kruse calls the performance appraisal a “workplace evil that must be destroyed like a blood sucking vampire “. Kruse claims that firing people/being fired and doing performance reviews are the things most hated by managers and employees alike. He cites the vagueness and subjectivity of the standards and scales, along with the link to...

Positive Psychology at Work: BOLD Workshop Notes/Resources

growBOLD — 2012-07-09T23:05:48-07:00

Will they show up? Will they work hard? Will they love it? By Debbie Tobin, BOLD Member, FivePrime Therapeutics Inc. “Are you, your employees and your company fulfilling your potential?” Perhaps not, not 100%? Happiness could be the missing ingredient. So posits Patrick Hyland, Director of Research and Development at Sirota, who took BOLD workshop attendees on a 1 ½ hour journey through the art and science of Positive Psychology at BOLD's Workshop on June 13th. Drawing distinctions between employee satisfaction, engagement and happiness that parallel thinking about work as a job, a career and a calling, Hyland argues that...

Happiness…. Productivity…. Increased Sales….. Success…..

growBOLD — 2012-05-15T09:19:07-07:00

According to a recent HBR article titled The Happiness Factor “emerging research from neuroscience, psychology, and economics makes the link between a thriving workforce and better business performance absolutely clear. Happiness can have an impact at both the company and the country level.” “Research shows that when people work with a positive mind-set, performance on nearly every level—productivity, creativity, engagement—improves” states Shawn Achor, distinguished teacher, speaker, and author of the HBR article Positive Intelligence. “Every business outcome shows improvement when the brain is positive…. one’s general sense of well-being is surprisingly malleable, the habits you cultivate, the way you interact...

Is HR in the Life Sciences Different From Other Industries?

growBOLD — 2012-03-08T23:36:11-08:00

by Mary Ann Ireland, Founder and Lead of BOLD, and Director of The Stratam Group Background: Over the years in leading BOLD, I’ve been asked by many people “is there a difference between HR in biotech or the life sciences vs. other industries?”. My response is…. Yes, and No. This whitepaper is intended to clarify why I say “yes - biotech is different than other industries". This is not a research paper, rather a means to orient HR professionals new to the industry - or refresh veterans - and encourage dialogue around how these factors can and do impact HR,...

How to be a "Best Place to Work"

growBOLD — 2012-02-12T15:34:54-08:00

by Jill McGillen, Next Turn Consulting (This is a summary of Jill's research as represented in her BOLD Roundtable discussion on January 31st. The slide presentation is available for BOLD members.) Every April, the San Francisco Business Times announces the Bay Area Best Places to work winners. 125 companies are chosen based on their employees’ evaluations of how satisfied they are in their workplace. The question always crosses my mind: “I wonder if these companies are using similar approaches to engage their employees?” In July 2011, I set out to answer this question by telephoning and meeting with a sample...