Biotech Company Engages Workforce to Drive Performance

Biotech Company Engages Workforce to Boost Performance and Retention

“LSA’s Employee Engagement Consulting and Survey work has provided critical visibility into: how well our people are holding up under the general economic environment, as well as, the specific challenges that face biotechnology companies in their efforts to discover and develop new medicines; their level of alignment and commitment to XOMA’s Vision and mission critical strategies; how leadership practices and management systems support an environment that engender commitment, and the specific actions that our leaders can take to improve on areas that are important to our people.

I highly recommend LSA’s employee engagement solutions.”

Chris Wells – Vice President – XOMA Ltd.

Redwood Shores, CA – Redwood Shores, CA – LSA Global, the leading business consulting, coaching, and training firm that helps fast growth life science, technology, and service companies by powerfully aligning their culture and talent with strategy, today announced that XOMA, a leader in the discovery, development and manufacture of therapeutic antibodies, has selected a comprehensive Leading for Employee Engagement Solution from LSA Global to gain a clear picture of the engagement trends and opportunities across the organization.

During the agreement term, LSA Global will work closely with XOMA’s business unit leaders to fully implement a systemic approach to engagement and retention that provides managers the resources, skills, and knowledge to mobilize their employees’ energy and focus on executing business priorities in spite of unforeseen obstacles and challenges.

For over a decade, LSA Global has used action learning leadership development programs to help industry leading companies drive employee engagement and retention through a systemic, proven approach that draws on ground-breaking employee engagement survey models, interactive workshops, planning tools, employee engagement action best practices, and ongoing coaching.

Current employee engagement research* suggests that:

• Over 70% of employees are NOT fully engaged and have withdrawn their emotional commitment
• Many CEO’s question whether employees really have their hearts in their work
• Conservative estimates of $100B in annual costs to US businesses
• 2-3% margin gains resulting from even modest employee engagement investments

*Based on 20 years of research and data gathered over 20,000 managers and 60,000 employees across multiple industries, data concludes core areas of employee engagement with greatest impact that informed how a Biotech Company Engages Workforce.

About LSA Global
Founded in 1995, LSA Global is the leading performance consulting, coaching, and training firm that helps high growth technology, services, and life-science companies create a competitive advantage by powerfully aligning their culture and talent with their strategy. Learn more about getting aligned.