The Executive Hiring Mistake Biotech Leaders Keep Making

Words "Stop asking “Who do we know” Start asking “Who do we need”" on a blue background with Justice Group Advisors logo

The hiring question that could change everything: Are you defaulting to familiarity—or choosing for the future?

In biotech, executive hiring is often treated like risk management.

Stick with who you know. Stay in the comfort zone.
But here’s the mistake:
When you default to your circle, you may be closing the door on your company’s future.

Familiar Isn’t Safer. It’s Just Smaller.

Every early hire in a biotech company shapes more than function—they shape culture, execution, and trajectory.
But when boards or founders face a critical hire, the default questions often sound like this:

  • Who do we know who could do this job?

  • Who’s done it before?

  • Who has worked with us in the past?

On the surface, it feels like a smart approach. Familiarity feels like a safeguard.
But in reality, it’s a shortcut—and it can cost you dearly.

Hiring only from your small circle limits innovation, narrows your perspective, and may keep you from finding the leader your company actually needs. In a field defined by breakthrough science, hiring based on the past can quietly hold you back.

The best executive hires aren’t just those who can do the job today.
They’re the ones who will lead your company into what’s next.
And often, they’re not already in your network.

A Better Search: What It Looks Like

When I was hiring for a key executive role at a biotech startup, we knew the stakes were high. This hire could meaningfully shift our odds of success—and if we got it wrong, we’d feel it fast.

We decided early: our candidate slate had to go beyond who we already knew.

That’s when we partnered with a boutique executive search firm that truly understood our space—not just biotech broadly, but our specific science and leadership context. From the first conversation, it was clear: this wasn’t a transactional recruiter. This was a thought partner.

They didn’t just bring us resumes. They:

  • Challenged our assumptions and helped us refine what success actually looked like

  • Introduced candidates we hadn’t considered—but who turned out to be exactly what we needed

  • Turned reference checks into deep conversations that helped us understand how to support the new hire from day one

I don’t usually trust recruiters to handle reference calls. But bandwidth was tight, so I let them take a few.

What came back wasn’t just confirmation—it was insight.

They dug deep, went beyond the obvious contacts, and surfaced real intel.

By the end of the process, we knew our top candidate like they had been in our network all along.

How to Break Out of the Hiring Comfort Zone

If you're ready to look beyond the familiar—without taking on unnecessary risk—start here:

1. Define What Really Matters

Before you anchor to a name, anchor to an outcome.

  • What does success look like in the next 12–18 months?

  • What specific skills, experiences, and leadership traits are non-negotiable?

  • Where can you flex?

2. Use a Structured Decision-Making Process

Great hiring isn’t a gut call—it’s a disciplined process.

  • Set your decision criteria before you meet candidates

  • Assess leadership, execution, and long-term potential—not just credentials

  • Treat references as a data source, not a checkbox

3. Partner with the Right Recruiter

The best recruiters aren’t headhunters. They’re advisors.

  • They challenge your assumptions

  • They introduce candidates you wouldn’t find on your own

  • They pressure-test for fit—now and later

  • They give you the confidence to hire boldly

Bottom Line

The most important decisions you’ll make as a biotech leader aren’t about science.
They’re about people.
And the difference between a good hire and the right one?
It’s the difference between playing it safe—and building something that lasts.

So next time you’re hiring, don’t just ask:
“Who do we know?”

Ask:
“Who can take us where we need to go?”

That’s how real leadership bets get made.

 

You Might Also Like…

Enjoyed This Article?

Subscribe now for practical leadership strategies sent straight to your inbox every week.

    We won't send you spam. Unsubscribe at any time.
    Next
    Next

    Feeling Sidelined? How Senior R&D Leaders Stay Relevant as Biotech Transitions to Clinical