The Life Science industry is a complex and constantly innovative sector. As a result, it requires unique leadership skills which, unsurprisingly, are short in supply. For example, in the Neuroscience and CNS sector, R&D processes remain challenging whilst demand continues to increase for niche talent with transferrable skills.
This leaves firms not only competing for scientific and technological skills, but also the financial and business acumen required. Irene Montgomery, Director at Life Sciences Search specialist, Coulter Partners, outlines some of the typical hiring dilemma facing boards: “We are so often asked to find NEDs with specialist expertise, scientific credentials, market experience, international reach and so forth.
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