KRS-Associates

** WHERE ARE THE FEMALE PARTNERS? **   Since the early 2000s, the influx of talented women entering consulting has been above, or close to, parity. Despite this, our recent analysis revealed that less than a third of Partners across Vault's 2023 Best Consulting Firms (within Life Sciences) were women.   Which leads us to ask: Why do firms still struggle to achieve gender parity at the Partner level?   We engaged in thought-provoking and insightful conversations with some of the industry’s most successful female Partners, discussing their journeys to leadership in consulting.   Our report highlights some of the hurdles women often face in their path to Partner and offers interventions aimed at both the individual and organisational level.

💥 Poll Topic: Compensation and Benefits 💥 The consulting industry is renowned for offering highly lucrative compensation packages, featuring strong base salaries, generous performance bonuses, and additional long-term incentives. With salary consistently cited as a major motivator for consultants pursuing new opportunities, ensuring competitive pay is crucial for attracting and retaining top talent. To stay ahead, employers must: 💡 Review/adjust pay structures to match competitor and market standards. 💡 Ensure compensation aligns with the overall value proposition. 💡 Assess salary structures to adequately reflect career development. The question is: Do employers truly understand how their salary bandings measure up against the competition?

If you are encountering internal talent struggles that are impacting individual, organisational and team-specific performances, reach out to Buse Demirbag who leads our Talent Consulting Services!

H1 2024 MARKET OVERVIEW This half of the year, three significant trends have emerged within the Life Science Consulting sector: 1. Boutique and specialised firms have demonstrated notable revenue growth and remain competitive market players. 2. Businesses, whether growing organically or through mergers and acquisitions, are grappling with internal challenges related to cost control and talent inefficiencies. 3. The rationale behind engaging in M&A activities has evolved due to the difficulties encountered in achieving organic growth. Read below to find out more...

We are excited to welcome Meredith Hone as our new Talent Acquisition Manager! If you are interested in discussing career opportunities available at KRS, please feel free to reach out to Meredith directly for more information.

Managing Director - Life Sciences Data Analytics (USA) KRS-Associates are currently working with a top-tier, global strategy consulting firm who are widely regarded as one of the go-to-brand names for strategic issues relating to Commercialisation. After significant growth in the organisation, they are now looking to expand at the leadership level within their established Data Analytics practice. On offer: - Proprietary Data & Intelligence platforms to leverage for project delivery/BD opportunities. - Sell & deliver responsibilities with oversight of a team. - Have a seat at the table over decision-making for the overall practice. - Liaise with global Commercial analytics, AI/ML, and advanced analytics teams in order to provide custom solutions for Biopharma/MedTech clients. - Full flexibility with hybrid/remote working models. - $350k+ OTE. For more information on this (or other) opportunities, please reach out directly! [email protected] #Commercial #CommercialStrategy #Marketaccess #LifeSciences #Pharma #Biotech #MedTech #Analytics #Dataanalytics #Opportunity #Consulting #Lifesciencesconsulting #Strategy #Strategyconsulting

WORLD EPA CONGRESS - MARCH 2024 Kerone Daniel, Steven Robertson, Buse Demirbag and Louis Kelly will be attending the World EPA Congress in Amsterdam this year. With specialist knowledge of the Global Life Sciences Consulting industry, our team will be available to discuss both recruitment and talent strategy solutions, offering a full-service approach to supporting our consulting partners achieve their ambitious growth plans. For Talent Strategy & Intelligence Services, reach out to Kerone Daniel and Buse Demirbag. For Pricing & Market Access Recruitment needs, reach out to Steven Robertson and Louis Kelly. We look forward to connecting with you all!

** H2 2023 NEWSLETTER ** It has certainly been a more stable end to 2023’s Life Sciences Consulting market. As financial conditions have begun to stabilise across the industry, consulting firms have quickly adapted and demonstrated strong revenue growth in preparation for 2024. Our latest newsletter reveals both hiring and market trends that have developed importance in the second half of 2023, and will continue to shape what consultancies will prioritise in the upcoming year. For any questions, please contact Kerone Daniel, Steven Robertson or Buse Demirbag. #hiringtrends #markettrends #lifesciences #strategyconsulting #KRS

With 2024 graduate applications slowly opening, how can consultancies ensure they are strongly positioned to stay ahead of the competition for attracting early talent? We suggest three key areas consultancies should prioritise to withstand their competition and successfully recruit their next wave of graduate cohorts. If you are a life science consultancy seeking support/guidance with early talent hiring without the need for an on-site campus presence, reach out to Buse Demirbag for further information on this offering.

** ISPOR EUROPE 2023 ** We are excited to announce we will be attending ISPOR Europe 2023 in Copenhagen in November! Looking forward to hearing all the latest updates and advancements in the HEOR and broader Market Access space in Healthcare and Life Sciences. Reach out to Kerone Daniel, Steven Robertson or Louis Kelly to schedule some time to connect. #ISPOReurope #HEOR #marketaccess #lifesciences #lifescienceconsulting #hiringtrends #markettrends #krsassociates