A Series A preclinical biotech company faced the challenge of building and professionalizing its HR function to support rapid growth. As the company advanced its scientific programs, leadership recognized the need for a cohesive talent management strategy, one that would enhance organizational identity, streamline hiring and onboarding, and ensure long-term alignment with company values.
Over the course of our three-year engagement, we worked closely with the executive team to lay a strong foundation for talent strategy and organizational development. Our approach included:
- Defining cultural pillars and core values, creating a unified framework for company identity.
- Developing a People & Culture Strategy and Roadmap, aligning HR practices with business goals.
- Revamping compensation structures, introducing career ladders, compensation bands, and a promotion process to support retention.
- Integrating key talent management practices, including performance management, succession planning, hiring, and onboarding.
- Facilitating leadership offsite meetings, strengthening executive team collaboration and alignment.
- Coordinating Compensation Committee and Board of Directors meetings, ensuring oversight and strategic direction.
Through this strategic partnership, the company achieved:
- Cultural alignment, reinforcing organizational identity and cohesion.
- A structured HR function, providing clear processes and a centralized hub for HR support.
- Executive team cohesion, fostering stronger collaboration and decision-making.
- Improved talent planning and risk management, resulting in <5% regrettable turnover.
Our partnership helped establish a strong organizational foundation, enabled by strong HR practices and a unified culture.