The Metrics for a Successful Job Search, How to Evaluate Job Security, and all about Alliance Management

Plus Live Events coming up in the community, and resources galore

Author

Carina Clingman
September 20, 2024

In partnership with

Let’s talk about data! What is a good job search? How many interviews should you land from your applications? How many interviews does it take to get an offer? I answer these questions and more this week, so read on!

In today’s email:

🎧👇Listen: The Biotech Career Coach Podcast

How to Measure Success in a Job Search

In this episode, we discuss whether your job search is on the right track by examining key metrics. I give a blueprint for a gold-standard job search, informed by a decade of experience and interviews with numerous successful candidates in the biotech industry. We go over metrics for networking, applications-to-interviews ratios, interview progression rates, and offer negotiation tactics. By the end of the episode, listeners will understand how to measure their job search effectiveness and address any bottlenecks in the process to achieve better outcomes.

AROUND THE COMMUNITY

Conversations

Yesterday, we heard from Nicole Gampp, Senior Alliance Manager at Compass Therapeutics. She told us how she ended up in her current role and how she navigated moving from a huge company to a small startup. We even chatted about related careers in competitive intelligence and business development. If you missed it live, catch the replay!

Watch the Replay!

We learned so much from Nicole. It was a fun chat, and she shared a lot of actionable information if you’re considering or curious about a career in alliance management or competitive intelligence.

I also want to highlight a great conversation about jumping from academia to industry. One of our new members asked about the difficulty and timeline of moving directly into an entry-level industry position from an undergraduate degree. Several of our members gave fabulous advice and stories from their own experiences. I love seeing exchanges like that where everyone supports one another.

Upcoming Events:

🎧👇Listen: the Building Biotechs Podcast

Just Take the Leap: Founding and Growing Nanopath with Co-Founders Amogha Tadimety and Alison Burklund

Amogha Tadimety, PhD, CEO, and Alison Burklund, PhD, are the President & CTO and co-founders of Nanopath, an innovative company specializing in women’s health diagnostics. Both hailing from Dartmouth’s Thayer School of Engineering, Amogha and Alison walk us through the challenges and opportunities of founding a diagnostic company during the COVID era. We chatted about the intricacies of bringing foundational technology to consumers, including the importance of navigating the insurance system and the specific focus of their technology on improving point-of-care diagnostics in women's health. They highlighted the need for innovative tools in OB-GYN practices, the strategic decisions that shaped Nanopath's direction, and the significant milestones they have achieved. They also emphasized the importance of building a strong team and network, overcoming healthcare system challenges, and their vision for the company's future, which includes creating a comprehensive well-woman panel and expanding the technology for broader applications.

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NOTES FROM CARINA

BioSpace interviewed me this week for a timely article on Job Security:

Evaluating Job Security in a Tough Biopharma Market

In a biopharma job market marked by a challenging funding environment, mergers and acquisitions and scores of layoffs, job security is far from a given. It’s a hot topic these days, noted Carina Clingman, founder and CEO of Recruitomics Consulting, which specializes in talent acquisition and talent strategy for startup biotechs. Clingman, who also founded The Collaboratory Career Hub, an online community for people interested in working in biotech, told BioSpace if you ask people in that community if job security is a concern, they’ll all say yes.(read on)…

RESOURCES + THINGS WE’RE FOLLOWING

11 Signs of Good Company Culture

Good company culture is a crucial aspect of professional life. Look at these 11 important indications of good workplace culture before accepting a job offer or use them to evaluate your new employer.

Bill targeting Chinese biotechs worries U.S. researchers

A bill approved by the House of Representatives this week would make it difficult for U.S. drug companies to contract with five major Chinese biotechnology companies. Academic researchers say they, too, would be hampered.

Opinion: A Small Pharma Mindset Can Reshape Big Pharma and Improve Patient Care

An appreciation for practicality, independent thinking and patient care can help disrupt the bureaucracy of Big Pharma.

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