What are the key trends shaping the healthcare and life sciences sector?

Posting date: 17 March 2021

Digital technology is rapidly changing healthcare and life sciences, as organisations are seeking ways to improve their service with new products and healthcare solutions. In recent years, there’s been an increasing focus on high-value care and data is playing a key part in improving efficiency and the patient experience. As a result of the COVID-19 pandemic, healthcare organisations have been forced to become more resilient and agile and deliver advanced, digital care. There are still some major challenges for creating a truly digital-first healthcare sector, but the industry is evolving – and below, we’re reflecting on the top trends leading the change.

 

Wearable devices

 

Thanks to the rise of artificial intelligence, wearable devices have emerged as a key trend in healthcare, and have been poised to re-shape the sector. Some of the biggest companies that are investing in wearable medical devices include Abbott, Roche and Dexcom, all of whom are focused on providing patients with diabetic care. In Switzerland, Biovotion AG – acquired by Biofourmis – is a developer of a wearable sensing technology that allows continuous monitoring of patients with critical conditions. It’s wirelessly connected and shows reports on how individuals can improve their overall health. Wearable devices can provide patients with real-time data which allows healthcare providers to deliver more personalised care. Wearable technology is evolving fast and it presents massive opportunities for healthcare. 

 

Remote patient care

 

Remote patient care has become an increasingly popular option for patients. While not widespread in Switzerland, more and more companies are offering virtual healthcare services. For example, Swiss company Medgate offers telemedicine services and digital health solutions, and it’s one of the leaders in the remote patient care space. With the Medgate app, patients can access their doctor at any time of the day for their health concerns. The rise of remote working as a result of the pandemic has accelerated telemedicine and remote care, along with health providers that are more transparent, cost-sensitive and efficient.

 

Precision medicine 

 

Thanks to innovation and digital technology, medicine is becoming much more personalised. Precision medicine is an emerging field, which is focused on providing patients with highly tailored care, based on individual differences, such as people’s lifestyles, environment and genes. This dynamic approach means that medical professionals can offer more targeted treatment for specific conditions and provide a more accurate assessment of patients’ health. Accurate diagnosis is critical and precision medicine is hugely advantageous for treating brain and mental health. There’s no doubt the next generation of medical products will be built around personalisation.

 

Data-driven healthcare

 

As mentioned, the future of healthcare is likely to be built around the needs of the patient. This means that data and analytics will become central to healthcare organisations. Healthcare professionals have massive amounts of data at their fingertips. Increasing data and health information brings a range of benefits for both patients and health care professionals. However, there’s still challenges around data security when it comes to sharing and storing personal information. In the future, there will likely be greater security measures as connectivity and data continue to become a focal point. Gaining people’s trust is key, particularly for personal health. The health and life sciences organisations that will succeed are those that build their cultures around data and technology and understand how to use the best strategies to thrive in a competitive market

 

Swisslinx has the expertise to help your business

 

With all the emerging technological innovations, the future looks to be a promising one for the healthcare and life sciences. At Swisslinx, we have a highly skilled and experienced team of consultants who are well-positioned to assist with your business’ recruitment needs. Our team is dedicated to building long-lasting relationships with clients and candidates in a range of sectors, including healthcaretechnology and financeGet in touch with our team today if you would like more information on how we can help your recruitment.

How to maintain company culture while working remotely

Remote working has become a way of life for many employees. Businesses throughout the world have to adapt and become more agile, with many taking on a hybrid work model. While there’s likely to still be organisations that want employees to get back into the offices permanently, there’s now a much greater demand for remote working and flexibility. There’s certainly a widespread acceptance that remote working is the future. And as organizations have taken to the post-pandemic world, maintaining company culture has become all the more important. Since employees don’t need to be physically in an office to work, companies will need to pay extra attention to their culture and ensure their teams are happy and fulfilled. Reinforce company values With remote teams, it’s even more important for managers and leaders to acknowledge the values of a company. This is particularly crucial when onboarding new hires remotely. For example, the way problems are solved within the business in a remote environment need to be reinforced to employees, as well as how core decisions will continue to be made. All of this should reflect aspects of the company culture. When leaders relay information about the company’s policies and practices, it reminds employees that culture and structure still exists. Due to remote working, the boundaries of culture can be difficult to define – so companies must focus on establishing expectations and promoting a strong work ethic to help maintain culture. Establish trust One of the best ways to maintain company culture while working remotely is to build trust and transparency throughout the organisation. Thanks to digital tools, it’s never been easier to stay connected with people and build relationships. With a remote team, managers need to show confidence in their team and maintain the trust that was built back in the office. For example, leaders and managers should be always open to collaboration and sharing solutions to problems. That way, everyone will feel connected and part of a team, which can remove any feelings of isolation that can come from working from home. Create a sense of accountability In the remote working world, it’s important to empower your team members to be proactive and take initiative. When managing a remote team, you need to avoid simply delegating tasks but instead create a workflow for your team that allows them to take a lead on projects. This creates an environment of accountability which helps maintain the culture you may have had back in the office. Personal responsibility is an important part of many businesses, so translating this into a remote environment is an excellent way of maintaining culture. Set new targets Companies must set all employees new objectives as priorities change. In a remote environment, there are likely to be some significant changes to company goals. Setting monthly and weekly targets is a great way to foster company-wide motivation and it creates a strong work ethic across teams. As in the office, employees will be driven to achieve company goals if they understand what they are. That’s why setting a vision for the work is essential and understanding how people are feeling with regards to meeting their targets in the new normal. Also, leaders should continually share what the company has achieved through communication tools, as well as business goals, all of which cultivate a sense of company culture. Swisslinx can drive your recruitment forward At Swisslinx, we have an excellent track record of providing the best recruitment solutions to companies in a range of sectors, from financial services and digital to healthcare and life sciences. As a leading recruitment agency in Swisslinx, we have access to an array of talent to help your business grow and develop. We pride ourselves on building effective relationships with clients and candidates. Contact us today if you would like to find out more about how we can help your recruitment. Also, please keep reading our insights page for more interesting articles.

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Why internal mobility is crucial for engaging and retaining talent

Internal mobility is all about the movement of employees from one position to the next within an organisation. Now more than ever, businesses need to build a growth-oriented and flexible workforce to improve retention, leadership and engagement. Organisations in Switzerland today need to be open to new challenges and make sure their employees always have opportunities to take on new responsibilities and move up in the company. It’s no secret that employees who are happy and engaged will be more motivated to do their best work, so development opportunities should be taken seriously by all companies. Internal mobility is an effective way of filling skills gaps and delivering seamless talent acquisition – and it’s essential for the success of any organisation. Here’s why:   Nurture high-potentials   Internal mobility is hugely important when it comes to nurturing high-potential employees. Having an internal mobility strategy enables businesses to take advantage of the most promising talent and ensure they remain at the company. It’s widely understood that millennial workers change companies more frequently than older generations. That’s why taking an internal approach to moving employees to new roles and adding responsibilities shows you’re invested in the people that work within your company, which is key to retainment. When you identify and nurture the best talent in your organisation, you can create an agile workforce with a team of professionals with cross-functional knowledge and expertise.   Builds a culture of learning   One of the key benefits of focusing on internal mobility is that it builds a culture of continuous learning. First of all, it’s a change in mindset that asks leaders to support a culture of challenge and growth and encourages employees to plan for the next stage in their careers. A learning culture is crucial to securing employee productivity, engagement and enthusiasm. The best employees want to keep expanding their knowledge and learn new skills quickly for their professional development. An internal mobility program can pave the way for a strong learning culture, which can make a more adaptable organisation. In a learning culture, employees actively share each other knowledge, which means problems can get solved more quickly. In this way, employees will be more engaged and more likely to stay at the company for longer.    Business development    Without retaining employees and keeping them engaged, it’s difficult for a company to develop and drive internal growth. Organisations need to think strategically about why people join their companies and why they choose to stay. Often, it’s the work-life balance, culture and learning opportunities that make people enjoy their roles and feel valued. Internal mobility feeds into all areas of business development and growth. An internal mobility strategy can help companies find potential leaders who can empower their businesses in the future. Above all, companies should have an internal talent pipeline ready to fill new positions when needed. Hiring externally takes time and there’s always the risk of a candidate leaving the role prematurely. Therefore, investing in internal mobility is an effective way to empower your workforce, which in turn, can future-proof your business.   Swisslinx has the expertise to help your business grow   Swisslinx is a recruitment leader in a wide range of markets, including financial services, technology and healthcare and life sciences. Our team of dedicated consultants have years of experience in delivering quality recruitment expertise and sourcing the best candidates on both a permanent and contractual basis. We’ve established excellent consultative partnerships with our clients and candidates, and we pride ourselves on our quality service, built on insightful knowledge and experience. If you’d like to know more about our service, contact our team today.  

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