OBIO is proud to announce the launch of Building New Leaders: Developing the Health Science Workforce of Tomorrow.
Based on a survey of industry leaders, supervisors and early-career talent who have been part of OBIO’s Health to Business Bridge (H2BB™) program, the report describes how H2BB™ has addressed the health science industry’s need for job ready talent.
Download the Building New Leaders white paper below or continue reading for a summary of the key findings.
To learn more about OBIO’s H2BB program, click here.
Key Findings
OBIO’s Health to Business Bridge (H2BB™) program prepares early career professionals for the health science workforce through industry specific training, providing companies with access to the talent they need to scale and grow.
100% of industry leaders were satisfied with H2BB™ participants’ job performance. Industry leaders will continue to partner with OBIO through H2BB to recruit and train their early career professionals.
92% OF PARTICIPANTS FIND THEIR MENTOR USEFUL OR SOMEWHAT USEFUL.
H2BB™ is unique in Ontario and possibly Canada because it is the only health science industry focused program that incorporates skills training, mentorship and instructor led training.
83% OF PARTICIPANTS AGREE H2BB HAS MADE THEM MORE VALUABLE TO EMPLOYERS.
“I feel that my participation in H2BB has given me a greater sense of the industry expectations and practices, which will help advance my career in the health science industry."
– H2BB program participant
“The end to end understanding of drug/medical device lifeline has helped me in realizing what is expected of me, and thereby I can contribute more effectively."
– H2BB program participant
Employers agree that H2BB continues to address an unmet need for the development of early career talent that companies cannot resolve without support.
“There is a wealth of talented individuals that are on the hunt for work that could be able to contribute in great ways. But the learning curve is too steep and sometimes it isn't really attractive for a company to spend that time doing that degree of onboarding for them.”
– Industry leader
"I think one of the things that OBIO is doing well in H2BB is some of the project management related talks that are really valuable for any young professional and that's regardless of whether they leave academia or not."
– Industry supervisor
There are a lot more issues that arise working in a company than in a research lab. And I think H2BB has been wonderful for teaching them.
– Industry leader
MORE THAN 65% OF PAST H2BB PARTICIPANTS SECURED EMPLOYMENT IN THE HEALTH SCIENCE INDUSTRY.
A possible solution to hiring challenges is recruiting experienced professionals from other industries that may be contracting or down sizing, particularly in the current economic climate.
76% OF INDUSTRY LEADERS HAVE EITHER HIRED OR INTEND TO HIRE AN EXPERIENCED PROFESSIONAL FROM ANOTHER INDUSTRY.
"A lot of early career professionals pivot into the space from a variety of other industries. I think a primer on the industry is a really good way to accomplish this.”
– Industry leader
Looking to the future, there is considerable opportunity for OBIO to build on the success of H2BB to maximize talent development in the industry.