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The Landscape Of The Emerging Biotech Industry And Data Science In HR

One of the latest technologies to emerge to disrupt an industry is Biotechnology. This industry is booming and is no longer confined to universities and research labs. These are the people who build drugs to combat diseases and are expected to comprise a quarter of the market by 2020, less than 6 months from now. So, what does that mean for HR? A Streak of Lightning Across the Life Sciences Biotechnology has grown at an impressive 5% across revenue streams, number of businesses, and number of employees. It is a lightning streak across the Life Sciences and shows no signs of slowing down. In a field expected to corner a quarter of the market as soon as next year, it’s important to have the right people in place. We already know there is a skills gap in the Data Science industry, but the predictions show it's time to upskill the current workforce. Companies will need people who have the right skills and can implement them into action. Technology has disrupted every industry and R&D is no different. This means work life is being redesigned as the Biotech industry demands not only technical and Life Science skills, but also more human skills. The challenge is ensuring businesses understand the impact these technologies will have now, and in the future. If they don’t act, their business could stagnate. It’s important executives see applications at work and implement the changes needed to “keep up with the Joneses” of the tech world. In other words, leaders must find a balance between rapidly advancing technologies and the human insight those technologies provide. Redesign Your Ideal Candidate While digital and analytical skills should be standard for just about any industry, there are other things to consider when interviewing. Hiring Managers, recruiters, and businesses over all, will also be looking for the following ImaginationCuriosityEmotional Intelligence You may not be a doctor exactly, but do still have to deal with people. Organizations will need employees who not only ask why, but take the steps to find the solution, and at the same time can navigate an emotionally charged project such any client-facing research when discussing cancer therapies, for example. Transferable Skills are Key If you pivot well and can learn and understand projects on a dime, then this is a good industry for you. If you’re a business and you want to scale up quickly, it may be best to upskill or reskill, your current employees. With talent scarce in the market, this may be the best solution for you. Building transferable skills, being flexible, and having a strong academic background will help, too. Companies actively working to skill their workforce to work with Machine Learning and Artificial Intelligence technologies are just a few of the trends coursing through the Biotech industry. Add to that the myriad researchers, corporations, and governments focused on combatting diseases using available technologies, and its expected growth could make it one of the most efficient and prosperous industries in the digital landscape. Making HR Data Work for You Businesses are using HR data to see how they can get a deeper understanding of employees as a whole. Are they overwhelmed? Do they need to rest? Do they need to be challenged? Are they bored? How can you, as a business, help them to enhance not only their performance, but that of your business. Finding exciting new recruitment channels Much like you know to go where your customers are, the same holds true today when you’re trying to fill a role. Focus your efforts are on where the talent is, don’t wait for them to come to you. And with the average recruitment process averaging 71 days, the name of the game is “don’t delay” for your perfect candidate may have already moved on to something else. Engaging and motivating staff Think of your employees as internal customers. Engage with them as you would any customer, and make your employee a partner in your vision. Now, it’s easier than ever to measure, improve, and boost employee satisfaction using available data and analytics options. Making learning and development more effective Learning has become a highly personal, adaptive tool offering course selections. Because online courses are so prevalent, it’s much easier for an employee to learn a new skill without time and expense away from the office. The digital transformation of this space shows how data can be used in corporate learning and professional development opportunities. This is where you’ll want to focus some of your energy should you need to upskill or reskill your employees to keep up with demand. Are you a business who knows you’re ready to scale up and hire a data professional? We have a strong candidate pool and may have just the person you need to fill your role. Are you a candidate looking for a role in big data and analytics?  We specialize in junior and senior roles. Check out our current vacancies or contact one of our recruitment consultants to learn more. For our West Coast Team, call (415) 614 - 4999 or send an email to sanfraninfo@harnham.com.  For our Mid-West and East Coast Teams, call (212) 796 - 6070 or send an email to newyorkinfo@harnham.com.

How Sports Brands Hit A Home Run With Data Science

How Sports Brands Hit A Home Run With Data Science

Who’s your favorite team? It’s a question you’re likely to have heard greet you at an event, sports bar, or in general conversation at least once. But what is it the person really wants to know? They want to know who you are, understand where you’re coming from, and ultimately, if you will get along. When it comes to sports, though, these questions often go unasked because we’re drenched in head-to-toe gear such as hats, caps, bands, stickers, flags, cups, and other external signfiers of instant community. But what happens when Data Science and Machine Learning enter the mix? Why, you up your game of course. Die hard fans know their stats and make it a part of conversation to discuss what they would do with a player in regard to their plays, drafts, and even endorsements. Knowing stats is a competition in and of itself. Throw in the billion viewers tuned in to watch the Summer Olympics, the Super Bowl, Wimbledon, and the World Cup, and the captive audience for endorsements and advertising is out of this world. How Data Science and Machine Learning Enhance Fan Engagement Bonding with one another over stats and with advances in Big Data technology, fans and advertisers alike can create epic, interactive experiences. From Data tracking of angles to perfect the game, to knowing the best-selling food in the stands, everything is tracked and optimized for the euphoric experiences we recount into old age.  Add in the cutting-edge technologies of Artificial Intelligence, Virtual Reality, and Predictive Analytics, and the Data gleaned becomes invaluable to strategists, sponsors, and fans. These analytics can help to leverage and deepen the experience while sharing insights on possible improvements. Both of these technological advances are set to change the viewers experience. Check out this article for a deeper dive as coaches explain the importance of analyzing Data. Stats and Data have been part of the sports experience since Billy Beane brought economics to baseball, but what does that have to do with sports marketing and branding? Borrowing Ideas from the Pros… of Branding and Marketing There’s no reason to reinvent the wheel. Use what the pros know to grow and scale your sports advertising. Get Local, and Get People Talking & Acting. Promote your brand locally around both national AND local events. Use the opportunity to get people talking. What do people want? What makes ‘em tick? What makes ‘em sick? What do they love about your brand and why would they tell their friends? You get the idea. Perfect for every endeavor from grass roots on up.Cross Channels. Get social. Invest in YouTube, Facebook, Instagram, Twitter, and so on. Use sweepstakes and giveaways, contests and surveys, to get people talking about you. Drive people to your site via an app or campaign which you know resonates with your die-hard fans. Use streaming, live, and exclusivity to ratchet interest.Think Long-Term. To truly see your numbers and know if what you’re doing is working takes time. This is a long game to master as you build awareness, set your objectives, and determine what parameters to set to realize success.  These are just a few brand marketing ideas to scale from sports advertising. Now, it’s time to get creative. Use your giveaways as an opportunity to interact with fans and find out what they want. Well, other than their favorite team to win, of course. You Can Only Get Out What You Put In  The value of Data & Analytics in modern sports is more than stats. Data Science and Machine Learning allow fans to forge deeper and more meaningful relationships with their favorite sports teams. These insights lead toward a stronger appreciation of what’s happening in the industry and with their fan favorites.  Want to get in on the game? Degrees abound in the realm of sports analytics from Syracuse to Oregon University and nearly every state in between. Check this out to see where this industry can take you. For those in the Northwest, Oregon has become almost another Silicon Valley. But don’t let its rural areas fool you. They’ve got an ace in the hole from the East and is already under the moniker Oregon rural tech hub. Check out our current vacancies for additional opportunities. Contact one of our recruitment consultants to learn more. For our West Coast Team, call (415) 614 - 4999 or send an email to sanfraninfo@harnham.com. For our Mid-West and East Coast Teams, call (212) 796 - 6070 or send an email to newyorkinfo@harnham.com. 

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