The role of the Transition Manager in the laboratory sector
A company can sometimes encounter difficulties and find it difficult to overcome them. This is often the case when the key performance indicators are bad. It is therefore preferable to find solutions quickly. It is at this precise moment that a company needs an additional resource and can therefore resort to a transition CEO in order to relaunch the company’s activity.
What is the role of a laboratory transition CEO?
The objective for a laboratory transition CEO is to enable the company to regain performance . This requires a set of measures such as team management, by coordinating the implementation of an action plan.
Thanks to his experience, the transition laboratory CEO manages the teams. It is he who supervises all technical, scientific and administrative activities. It controls the application of measures and carries out analyses, in particular those of the conformity and quality of pharmaceutical products.
In which cases should a laboratory transition CEO be used?
A company can use a laboratory transition CEO in order to restructure its entire organization to deal with difficult situations or when it is necessary for it to strengthen its management and breathe new life into its performance.
The laboratory transition director performs his duties most often in the laboratory. But he can also intervene in pharmaceutical or cosmetic companies.
The sectors: food, environment or energy also call on a laboratory transition director.
It can also intervene in the public sphere such as hospitals. The field of activity of a director in laboratory transition is therefore quite vast.
It is possible to use a laboratory transition CEO in the following situations:
- ➢ When a company is in difficulty or requires a leader who will have an advisory role: indeed, the covid-19 crisis has disrupted the structure of certain companies.
- ➢ During the recovery or restructuring of a company: here again, the director plays the role of the white knight and proposes new solutions that seem appropriate for the company.
- ➢ When merging or acquiring businesses.
- ➢ When carrying out an important project.
- ➢ To improve the level of business activity.
What is the expected profile of a laboratory transition CEO?
A laboratory transition director must have rich and complete experience in the medical or pharmaceutical field. He must be able to adapt to complex situations and have excellent interpersonal skills. He must have great leadership abilities that must be perceived by his teams. A director in laboratory transition must have an excellent level in English, because he may have to work with international companies.
Missions entrusted to the CEO of laboratory transition
In charge of the management of the laboratory, the director is responsible for the supervision and analysis of the results . In times of crisis, it is present to restructure and find a balance through strategic plans. It is up to him to manage the teams: he supervises, motivates and advises his teams.
He participates in the development of new technical projects, but also financial ones, in particular investment projects. Its objective is above all to produce qualitative results. He must supervise compliance with the safety measures and sanitary rules of the laboratory.
By virtue of his function, the general manager must maintain links and exchange with the various departments of the company, namely the commercial, HR, administrative and financial departments. He is the conductor who allows the smooth running of the company, because it is to him that we constantly refer. Teams must find new research and development opportunities with the help of the director.
Qualities and skills required for a laboratory transition CEO
A laboratory transition director must be organised, rigorous and precise. He must be calm and thoughtful and have in-depth knowledge of the scientific, medical and pharmaceutical fields, as this is a sector in constant progress. He must also have managerial qualities and be able to plan and manage laboratory activities throughout the production process.
Knowledge of the regulations in force and notions of intellectual property are also necessary.
The salary of a CEO in laboratory transition
The salary of an interim CEO depends on several factors. First of all, it takes into account the time of occupation of the post and the professional experience of the CEO. But it also depends on the size of the company and the importance of the project.
A director in laboratory transition can claim an annual gross salary of between 80 and 120,000 euros . The average cost per day is estimated at between 800 and 1700 euros.
The bonuses of a laboratory transition CEO
The amount of bonuses for a CEO in laboratory transition is set by the national collective agreement for medical biology laboratories. The more years of experience a CEO has in this field, the higher the bonus will be.