Hansem Global, mentored by the esteemed biopharmaceutical company AstraZeneca, participated in the Small & Diverse Business Mentorship program organized by the Diversity Alliance for Science. This partnership with AstraZeneca offered a profound opportunity for us to gain insights from a leader in the global biopharmaceutical sector.
Throughout the yearlong mentorship, Hansem Global engaged in a structured program designed to elevate our strategic approach to business. We initiated our journey by setting SMART Goals, following a comprehensive SWOT analysis to identify our strengths, weaknesses, opportunities, and threats. This analysis guided us in pinpointing areas of improvement and potential growth, especially in the competitive landscape of the life sciences sector.
SWOT analysis
| Strengths | Weaknesses | |
| Internal Strengths | · What do we do well/best? · What’s unique about our organization? · What does our target audience like about our organization? · What categories or features give us a competitive edge? | · What initiatives are underperforming? · What can be improved? · What internal resources could improve our performance? · How do we rank against our competitors? |
| Opportunities | Threats | |
| External Opportunities | · What resources can we use to improve weaknesses? · Are there market gaps in our service? What do our competitors offer? | · What changes in the industry are cause for concern? · What new market trends are on the horizon? · Where are our competitors outperforming us? |
SMART Goal Table
| Specific | · Clearly define the specific outcome or result you want to achieve. Be precise about what you want to accomplish. |
| Measurable | · Establish concrete criteria or metrics to measure your progress and determine whether the goal has been achieved. · Identify specific data points or key performance indicators (KPIs) that will indicate success. |
| Achievable | · Ensure that the goal is realistic and attainable given the available resources, capabilities, and constraints. · Consider the feasibility of achieving the goal within the given timeframe. · Assess potential challenges and determine if you have the necessary means to overcome them. |
| Relevant | · Align the goal with the broader objectives, values, and priorities of your organization or project. · Make sure the goal is directly related to the problem or opportunity you are addressing through design thinking. · Consider the impact of achieving the goal on the overall success and strategic direction of your initiative. |
| Time-bound | · Set a specific timeframe or deadline for achieving the goal. · Establish milestones or checkpoints along the way to track progress and ensure timely completion. · Consider the appropriate duration based on the complexity of the goal and the resources available |
AstraZeneca’s mentorship encompassed a variety of programs and educational webinars, enhancing our understanding of the procurement process and integrating sustainability into our business model. A pivotal aspect of the program was an in-depth exploration of the Request for Proposal (RFP) process, which prepared us to better assess readiness and evaluate our capabilities.
Significantly, Hansem Global was paired with a seasoned language services professional from AstraZeneca. This mentorship was instrumental in refining our growth strategies, pricing models, and understanding the specific requirements of the life sciences industries, including clinical trials and pharmaceutical translations. Our mentor also offered valuable recommendations on enhancing our digital presence to better meet the needs of this sector.
The experience of partnering with AstraZeneca has been invaluable. Their guidance helped us to better navigate the complex requirements of life sciences translations, ensuring accuracy and compliance with industry standards, which is crucial in clinical trial documentation and pharmaceutical communications.
Through this mentorship, we learned the importance of precision and rigor in language services for the life sciences industry. Our improved capabilities enable us to contribute effectively to the global health community by ensuring clear, compliant, and culturally resonant communication.
In closing, our experience with AstraZeneca has not only enhanced our strategic and operational approaches but also deepened our expertise in the critical field of life sciences. We extend our heartfelt gratitude to everyone at AstraZeneca who dedicated their time and expertise to mentor Hansem Global’s language services team.
This enriching experience underscores our commitment to excellence and continuous improvement in providing specialized translation services to the life sciences sector, ultimately contributing to better health outcomes worldwide.