Pharma Veterans

HR Monitor 2025 by McKinsey Part 3 – Asrar Qureshi’s Blog Post #1141 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1141 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Cedric Fauntleroy Credit: Tran Nhu Tuan Credit: Pavel Danilyuk Continued from Part 2… Preamble McKinsey report HR Monitor 2025 highlights the following trends that HR managers/leaders should recognize, understand, and work on. We took the first two in the last blog post; the others we shall take up in this and following post(s) and then conclude the topic. Five Trends That HR Leaders Must Recognize 1. Workforce planning is not approached strategically enough 2. Talent acquisition is becoming more complex 3. Employee development continues to be highly fragmented  4. Employee experience is essential 5. Gen AI and shared-services ce...

Global Workplace Report 2025 – Asrar Qureshi’s Blog Post #1101 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1101 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Ketut Subiyanto Credit: MART Production Credit: Mikhail Nilov This blogpost is based on Gallup® ‘State of the Global Workplace 2025 – Understanding Employees, Informing Leaders’ Report. Link at the end Preamble [Quote] Last year, global employee engagement fell, costing the world economy $438 billion is lost productivity. The primary cause was a drop in manager engagement. [Unquote] Since COVID19 pandemic, managers have been constantly under pressure from the executive to meet tough or even impossible demands. They are also under pressure from their staff for the same reason. What is being seen now is the fallout from this long stress. It cannot be o...

Four Reasons for Considering a New Job – Asrar Qureshi’s Blog Post #1075 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1075 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com  for publishing your contributions here. Credit: Nataliya Vaitkevich Credit: Katrin Bolovtsova Credit: Mikhail Nilov This post is based on a research by Gallup, and compiled by Corey Tatel, Ben Wigert, and Sangeeta Agrawal. Link at the end. Preamble As I often point out, gone are the days when people stuck to the same job for a lifetime, except government employees who wish that the same job should be transferred in their children’s name and continue. Private sector employees are more used to switching jobs, though you still find cases where people even in private sector spend long time/ lifetime in the same organization. The trend is changing, in certain functions more than the others....

  Five Global Trends in Business and Society in 2025 – 4 – Asrar Qureshi’s Blog Post #1066 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1066 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to pharmaveterans2017@gmail.com for publishing your contributions here. Credit: Asad Photo Maldives Credit: Eddie Stofe Credit: Geancarlo Peruzzolo Credit: Mehedi Hasan Credit: Tony Zohari This post is based on an INSEAD survey and report. Preamble The INSEAD article "Five Global Trends in Business and Society in 2025" identifies key challenges and opportunities that businesses should address this year. 1. Climate Change 2. Geopolitical Crises 3. Economic Uncertainty 4. Social Instability 5. Income and Wealth Inequality The article emphasizes the need for businesses to proactively engage with these issues to foster a more equitable and sustainable society. We take these trends one by on...

Corporate HR Function – Responsibilities and Limitations II – Asrar Qureshi’s Blog Post #1014 Dear Colleagues! This is Asrar Qureshi’s Blog Post #1014 for Pharma Veterans. Pharma Veterans Blogs are published by Asrar Qureshi on its dedicated site https://pharmaveterans.com. Please email to aq.pharmaveterans@gmail.com for publishing your contributions here. Credit: Andrea Piacquadio Credit: Christina Morillo Credit: Mizuno K HR – Human Resources Department – as it is mostly referred to, is among key functions in any corporate.  In this 2-part blog post, I have addressed the following points: • What are key functions of HR – in a simplified way • Is HR performing its functions the way it is required to do? If not, what are the limitations? • What should be done to make HR effective and leading? Reasons HR is Not as Effective as it Should Be Ineffective Performance Management Systems Performance management is often seen as a bureaucratic process rather than a tool for employee g...

Organizations Should Help Employees Cope with Stress – Asrar Qureshi’s Blog Post #855 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #855 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Mikhail Nilov Credit: Diva Plavalaguna Credit: Yan Krukau The data used in this post has been taken from Gallup® reports. Link at the end.  World Health Organization defines stress in this way. “Stress can be defined as a state of worry or mental tension caused by a difficult situation. Stress is a natural human response that prompts us to address challenges and threats in our lives. Everyone experiences stress to some degree. The way we respond to stress, however, makes a big difference in our overall well-being.” 44% employees worldwide s...

How to Promote Engagement in Your Organization? – Asrar Qureshi’s Blog Post #852 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #852 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Alexander Suhorucov Credit: Ketut Subiyanto Credit: Wills.io This post is based on several research findings by Gallup and McKinsey. Fighting disengagement is a defensive strategy; offensive strategy will be to promote engagement. Multiple strategies must be employed to promote engagement level across the organization. We take a brief look at some of these strategies. Recognizing and Valuing the Presence The first step in creating and sustaining an environment of engagement is to recognize the people who work here.  This basic step is needed bec...

Employee Disengagement and How to Address it? – Asrar Qureshi’s Blog Post #851 Dear Colleagues!  This is Asrar Qureshi’s Blog Post #851 for Pharma Veterans. Pharma Veterans aims to share knowledge and wisdom from Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on  WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. Credit: Ketut Subiyanto Credit: Liza Summer Credit: olia danilevich This article is based on McKinsey research; link given at the end. In the last post, we saw that disengaged employees outnumber engaged employees; 56% vs 44%. We know from experience that in Pakistan, this ratio is even more unfavorable. Let us first look at the disengagement drivers and what can be done with these. It is important to first stop bleeding before starting the treatment.  In the order of occurrence, the research enlists 12 factors which cause financial cost of employee disen...