Footnotes
* Source: KPMG LLP, American Worker Pulse Survey Report, November 2023
^ Source: SHRM, Talent Trends Report, January 2024
^ Source: SHRM, Talent Trends Report, January 2024
Empowering life sciences through organizational learning
Unlocking the future of life sciences with KPMG
What is the vision?
In the rapidly evolving life sciences industry, chief human resource officers are tasked with navigating through the complexities of technological advancements, changing workforce demographics, and the imperatives of a skills-based organizational culture. As we stand on the cusp of a transformative era led by artificial intelligence (AI), defining an organizational learning strategy that not only accommodates but also leverages these changes is crucial. This vision is underscored by the imperative to stay ahead in a highly competitive, knowledge-driven environment. The goal is to foster an environment that not only meets but also exceeds productivity expectations while ensuring work-life balance and job satisfaction.
What are the desired outcomes?
1
Increased workforce skills, agility, efficiency, and productivity
2
Enhanced ability to meet future job requirements
3
Improved work-life balance, reduced burnout, and job satisfaction
4
Alignment of individual and organizational growth objectives
75%
of respondents believe technology/AI will automate some portion of their job*
72%
of CEOs say AI is a top investment priority*
61%
of executives and senior managers are worried about meeting future productivity standards*
25%
of organizations report that positions they’ve hired for in the last 12 months have required new skills^
40%
of Gen Zs and Millennials express concerns over unmanageable workloads*
What are the main obstacles?
- Technology adoption
- Skills/capabilities gap
- Resistance to change
- Maintaining engagement
Human Capital Advisory Services
To become future ready, enterprises must reinvent the world of work and empower an ever-evolving workforce.
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Meet our team
KPMG Human Capital Advisory Services provides innovative, multi-faceted people solutions to help organizations navigate the challenges they face today. Work with us to ensure your workforce is future ready.
Eric Thalasinos
Advisory Managing Director, Human Capital Advisory, KPMG US
Erin O'Rourke
Director Advisory, Human Capital, KPMG LLP
Kenneth T Primer
Director Advisory, Human Capital, KPMG US
Matthew Sturgeon
Director Advisory, Human Capital Advisory, KPMG US
Eric Thalasinos
Advisory Managing Director, Human Capital Advisory, KPMG US
Erin O'Rourke
Director Advisory, Human Capital, KPMG LLP
Kenneth T Primer
Director Advisory, Human Capital, KPMG US
Matthew Sturgeon
Director Advisory, Human Capital Advisory, KPMG US