The life sciences industry continues to face challenges from the ongoing disruption in the healthcare marketplace and escalating pricing pressures. Like almost every industry, hybrid work environments and other changes continue to reshape the workplace and the very nature of work.
Fundamentally, leaders at all levels and in all markets must learn to thrive during change and contribute to reshaping the future. As executives reimagine the future of their organizations, there must be a strong commitment to redefining leadership competencies, enhancing leadership development initiatives and globally deploying these efforts with sensitivity to existing cultural differences and emerging workplace changes.
Designing and deploying a global leadership development program is a large-scale change effort. This article highlights several lessons and best practices from companies that have been through this journey, which you can apply within your organizations.
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