Tip of the Month

Pharma Industry Consolidation: What Now?

Three Ways to Cope

 
 

 

Here are 3 ways to prepare for a “downsizing” (if it ever comes). And when you know you are prepared, don’t you feel a lot better and more confident?

 

  1. Get your resume up-to-date – Much like performing proper maintenance on your vehicle by keeping it well tuned, clean, and changing the oil, the same idea applies to your resume. Ever try to create or update your resume in one day? It doesn’t work. It flows best and contains better content when you periodically add, edit, or periodically ask a colleague or reliable recruiter to take a look. Your resume is the blueprint, your signature—the Ritz-Carlton of who you are and the talents you possess, so make it a priority.

  2. Read industry articles, trends, and newsletters – Extraordinary new drug developments in enabling technologies are happening all the time in our industry. The pharma industry is expanding. Did you know that over half of the adult population takes some sort of medication every year? That number is only increasing. Frankly, most of us are so busy we can’t find the time to read the newspaper, let alone industry buzz. But seriously, find the time. I recommend everyone subscribe to First Word (www.firstwordplus.com). The basic version is free! It is published daily and sent to your email address as a personalized business intelligence resource designed for the busy pharmaceutical/biotech professional. It keeps you abreast on developments affecting the pharmaceutical industry. Get signed up!

  3. Be proactive in your current position – Don’t take your job for granted. Go the extra mile, do the extra project/analysis. Be less political and more concrete, deliberate with your recommendations and responsibilities in your role with the company. Fact: Executive management want team-oriented employees that make a difference and go the extra mile and make strides to increase profitability. It’s that simple. Make it happen. Be thorough, honest, and hard working. Feels good to be your best, doesn’t it?


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Your Bio-Partners Search Group, LLC Team

 

 

 

 

 

 
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