
Background and Context
Pharmaffiliates Analytics and Synthetics P. Ltd., a Research Based Organization is a gigantic name in the global market, which offers services to Pharmaceutical industry, Biotechnology industry, API manufacturers, Bulk drug suppliers, clinical CROs, Research institutes and other allied industries.
Approach
a)People Process Development Processes like talent acquisition, assimilation, performance management and compensation was established at a global level.
b)Establishing culture through values: Through multiple workshops organisation values were identified as a foundation for a global culture.
c)Establishing a Talent Management process: A 9 box talent framework was established and the organisation talent assessed to create the talent portfolio. Differential strategies were adopted for various talent segments. Talent gaps helped create the talent acquisition strategy
d)People Process Development: Processes like talent acquisition, assimilation, performance management and compensation was established at a global level.
e)Focus of Leadership Development: To face the new challenges of growth the leadership team went through structured development process including coaching for key members.
Results
- Creation of a new Leadership Team to support the founder
- Strengthening of organisational culture aiding in employer branding
- Establishment of modern and industry aligned HR practices
- The organisation has since filed its DRHP and is waiting to be listed
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