In the pharmaceutical industry as in other industries, the rapidly evolving marketplace is creating an ever-changing business environment. Specific challenges (e.g., the Affordable Care Act (ACA), managed care dynamics, and other new regulatory mandates, etc.) are increasing demands on leaders AND on HR’s role in enabling the success of these leaders. In this Keynote Video, Barbara Keen and Amy Miller of Novo Nordisk explain how this leading pharmaceutical company is using experience-based learning to complement its award-winning leadership development programs and solve real business issues along the way.
Key insights include:
- A discussion of Novo Nordisk’s leadership competency model and how it drives leadership development.
- How, rather than create a completely new learning program, Novo Nordisk leveraged the existing work of its Organization Effectiveness Team to create leadership development opportunities with real business impact.
- An in-depth look at the three-step process used by HR, business leaders and the Organizational Effectiveness Team to select new projects and identify leaders to run them based on their individual development needs.
- Examples of recent Organizational Effectiveness projects, their impact on business performance and leadership development.