\u2022 R & D management
\u2022 Project management
\u2022 Manufacturing and Quality control
\u2022 Laboratory analysts
The speaker also explained the key skills and abilities required for applying in the pharma industry. The skill sets are \u2013 Computer skills, Leadership experience, Communications skills, People skills, Organizational know-how, Collaboration talent, Problem-solving abilities, etc. Then he talked about the major HR role in the pharma industry.<\/p>\n\n\n\n
![\"\"](\"https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2021\/07\/1-1.png\")
<\/figure>\n\n\n\nThe speaker also explained the selection process and steps that are mention below \u2013
\u2022 Documentation and background verification
\u2022 Offer letter issuance
\u2022 Releasing appointment orders
\u2022 On-field reporting and creating reporting systems
\u2022 Salary
\u2022 Annual increments
Then he explained the recruitment and selection process in detail. The major 5 steps involving in the recruitment process are \u2013
\u2022 Recruitment planning (identifying job vacancy, do job analysis, create job description)
\u2022 Strategy developments
\u2022 Searching
\u2022 Screening
\u2022 Evaluation and control
The selection process could be of two types \u2013 first is an internal source which is within the organization. This helps in building the morale of the employees, take people who you can trust for the job and it could avoid more attrition as they know they have a career within. The second type is an external source. The first preference should be on referrals, salary negotiation should be on par with the existing employees of the same grade. The selected person and the referral will both be concerned about the integrity and commitment to work. Then he talked about the qualities of a good medical representative\/detailer\/field officer.<\/p>\n\n\n\n
He also explained the major HR challenges and issues in the pharma industry. The challenges are \u2013
\u2022 Development in technology, is a disruptive force, particularly in the pharma industry.
\u2022 Scarcity of talent. Pharmaceutical roles are mostly research-intensive and do not follow a fixed schedule.
\u2022 Employee retention<\/p>\n\n\n\n
\u2022 Employee motivation
He also mentioned the attrition rate i.e., around 30% which means more work for HR. attrition is mainly from the sales & marketing team and production. The reason for this situation is \u2013 poaching in the industry for good talents, high stress at the workplace, burnout, inadequate payments, etc. Then he explained the challenges in different fields.<\/p>\n\n\n\n
The speaker also gave advice to the HR students. He mentioned how to embrace passion at the same time understand strengths and weaknesses, apply what we learn in life, be tech-savvy and be competitive. Also start building the network and HR community and understand another department (such as finance, logistic, production, etc.) functions very well so as to know the productivity of each department.<\/p>\n\n\n\n
The question asked in the Q & A segment was,<\/strong> Feedback from students:<\/strong> About ISBR:<\/strong><\/em><\/p> ISBR Business School, Bangalore-based, Top Class B School for PGDM or MBA, Consistently ranked as best B School in India, AICTE-CII Platinum Catagory, with multiple specializations.<\/em><\/p><\/blockquote><\/figure>\n","protected":false},"excerpt":{"rendered":" The session started at 11.15 am with a formal welcome note by prof. Veena Shenoy and Ms. Deepanshi gave the<\/p>\n","protected":false},"author":1,"featured_media":4303,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[791,933,934,362,935],"class_list":["post-4300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guest-lectures","tag-guest-session","tag-manufacturing-and-quality-control","tag-pharma-industry","tag-prof-veena-shenoy","tag-recruitment"],"yoast_head":"\n
Q1. If a candidate doesn’t have much information or knowledge about the Pharma industry, how
difficult will it become for him\/her to crack the interview??<\/p>\n\n\n\n
The session was very insightful. The speaker explained the recruitment and selection process in the pharma industry. Also, the challenges they are facing in that industry regarding recruitment and selection. It was a very informative and interactive session. As a whole, students found the session engaging and informative with many live organizational examples.<\/p>\n\n\n\n