Webcast:
More than two years ago, Amylin Pharmaceuticals, a successful biotech organization dedicated to ending diabetes and obesity anticipated the need to make a significant shift in their business model. Leadership knew the key to success rested on their people’s ability to be flexible, adaptive, and responsive to a rapidly changing environment. In the near term, this meant restructuring, staff reductions, and the remaining employees faced with the classic “do more with less” scenario.
To their credit, Amylin leaders drew upon their employees, listened to their concerns, and asked them to help determine what actions the organization could take to drive engagement, commitment, and performance. One result was an initiative to develop an integrated career and compensation architecture that provided clear career paths, aligned pay with performance, and identified key competencies. These realignments have allowed Amylin the ability to eliminate two layers of management, define critical organizational competencies, and position themselves for future growth, all while maintaining their unique company culture.
During the webcast, Amylin leaders will address the following questions:
- What organizational structure, capabilities, and skills are essential now and in the future?
- In terms of our Employee Value Proposition, what really matters to our workforce, including those most critical to driving competitive advantage and better business results?
- How did we realign our career paths and pay systems to achieve greater organizational flexibility and drive performance in a shifting business environment?
- What leadership learned from a post-implementation employee engagement survey that gave them quite a surprise and allowed them to increase commitment?
Join us for this hour of learning that show cases a real life example of how one organization realigned their career paths and pay to drive organizational performance.
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Presenters
Mr. Marchetti serves as Senior Vice President, Human Resources and Information Management of Amylin Pharmaceuticals, Inc. and has been in this role since November 2005. Amylin is a biopharmaceutical company committed to improving lives through the discovery, development and commercialization of innovative medicines. The company, which currently has over 1,900 employees, has amassed expertise in metabolic medicine including the areas of diabetes and obesity.Prior to joining Amylin, he served as Vice President, Human Resources for Guidant Corporation from July 2002 to October 2005. Prior to this role, he served as Vice President, Finance and Information Systems for Guidant - Europe, Middle East, Africa, and Canada, since the beginning of 2001. From October 1999 through 2000, he served as Vice President, Human Resources for Guidant's Vascular Intervention Group. Mr. Marchetti served as Guidant's first Corporate Controller and Chief Accounting Officer from its initial public offering in 1994 to October 1999.He joined Eli Lilly and Company's Medical Devices and Diagnostics division in 1988 and was based in California. In 1992, he became Financial Manager of Lilly's pharmaceutical manufacturing operations in Indianapolis. From 1980 to 1986, he was on the audit staff of Touche Ross & Co. (currently Deloitte & Touche LLP).He also serves on the board of directors of Emphasys Medical, Inc., a development-stage company focused on minimally invasive treatment for emphysema and based in Redwood City, California.A native of Pennsylvania, Mr. Marchetti is a Certified Public Accountant, and a graduate of LaSalle University in Philadelphia. He also received a M.B.A. from the Ross School of Business at the University of Michigan. He serves on the Advisory Council of the Keck Graduate Institute of Applied Life Sciences in Claremont, California.
Deborah Rocco is currently the Chief Learning Officer for Amylin Pharmaceuticals, Inc. where she provides strategic direction for executive development and learning initiatives. Prior to joining Amylin in September of 2006, she held lead positions at the field and corporate levels for several large telecommunication companies, where she was responsible for leadership and executive development, organization effectiveness and operational training initiatives. Prior to beginning her tenure in the telecommunications industry in 1998, Deborah was the Assistant Dean for Career Development & Placement at the University of Denver's Daniels College of Business, where she built the center responsible for the placement of the school's Executive and Full-time MBA students. Deborah holds a Masters of Education in Human Resource Development from Colorado State University, is a certified executive coach and holds a Senior Professional in Human Resources designation. She is the co-author of Integral Intelligence; Unleashing potential in Leaders and Organizations published in the International Journal of Coaching in Organizations.
Mr. Insler joined Sibson Consulting in May 2005. His primary consulting expertise is in organization performance, executive and incentive compensation, and sales force effectiveness. His experience includes both consulting and corporate roles in middle market as well as Fortune 100 companies. Specific consulting projects include executive compensation strategies, sales and employee group incentives, salary management programs, performance systems design, organizational and human resource strategies, and human resource functional/ operational reviews. Mr. Insler's work in incentive design runs the continuum from EVA or value-based executive compensation to blue collar and knowledge worker productivity/gainsharing group incentives as well as sales force compensation.Mr. Insler has been involved in organization effectiveness consulting, including the design and implementation of human resource strategies, compensation plans, and performance management processes across a variety of industries for more than 30 years. Mr. Insler's corporate experience includes several senior-level human resource roles in the financial services, aerospace, electronics and transportation industries.Before joining Sibson, Mr. Insler was a principal in the Western Region Human Capital Advisory Services of Deloitte & Touche, where he was Practice Leader for HR Strategies and developed the national SFE service offering.Previously, he held corporate positions as VP Organization Effectiveness for Edwards Lifesciences and Senior Vice President and Director, Compensation and Benefits for Security Pacific Corporation. In the latter position, he was responsible for the design and administration of executive compensation as well as qualified and non-qualified benefit and retirement plans and the design and review of salary and incentive plans for the bank and all subsidiaries and global locations. Mr. Insler was also responsible for the merger organization and HR integration between Bank of America and Security Pacific. He also spent more than six years with TRW Electronics & Defense as Director, Compensation and Benefits for the largest sector of the company.Mr. Insler received a BA from Pennsylvania State University. His post-graduate work includes the Bucknell Executive Management Program in Banking and the Southwestern University School of Law.