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.