Episode 205: A People-Centric Approach to Talent Management with Dara Henry, COO of Prokarium

Dara Henry, a biotech professional and COO of Prokarium, discusses the importance of a people-centric approach in talent management and growth. He emphasises the qualities of a good manager, such as liking to work with and mentor people. Dara also highlights the value of people in companies, particularly in the biotech industry, where great science and great people are essential for success. He discusses the challenges of finding and retaining talent in the competitive biotech market and the significance of one-on-one dialogues between employees and management. Takeaways A good manager likes working with and mentoring people, while a great manager also has a vested interest in helping others' careers. In the biotech industry, people are just as valuable to a company as the drugs they develop. Smaller companies are often better at investing in and developing their employees compared to larger companies. Regular one-on-one dialogues between employees and management are crucial for meaningful communication and engagement. Companies should invest in their employees and develop tailored career development plans to retain and develop talent. Chapters 00:00 Introduction and Career Background 03:43 Defining a Good Manager 05:04 The Value of People in Companies 07:35 People-Centric Approach in Business Operations 09:02 Talent Acquisition in Biotech Industry 10:16 Challenges in Finding and Retaining Talent 12:01 Importance of One-on-One Dialogues 14:14 Planning Career Goals with Employees 16:09 Developing a People-Centric Approach 19:11 Promoting from Within 20:25 Conclusion