A CROSSCHQ CUSTOMER CASE STUDY
How Flagship Pioneering saved recuiting time while also improving onboarding plans
<48 Hours
450+ Hours
35% Opt-ins
About Flagship Pioneering
Flagship Pioneering conceives, creates, resources, and develops first-in-category life sciences companies to transform human health and sustainability.
Since its launch in 2000, the firm has applied a unique, hypothesis-driven innovation process to originate and foster more than 100 scientific ventures, resulting in over $30 billion in aggregate value. To date, Flagship is backed by >$3 billion of aggregate capital commitments, of which over $1.5 billion has been deployed toward the founding and growth of its pioneering companies alongside >$10 billion of follow-on investments from other institutions.
The current Flagship ecosystem includes Denali Therapeutics (NASDAQ: DNLI), Evelo Biosciences (NASDAQ: EVLO), Moderna Therapeutics (NASDAQ: MRNA), Rubius Therapeutics (NASDAQ: RUBY), Seres Therapeutics (NASDAQ: MCRB), and Syros Pharmaceuticals (NASDAQ: SYRS).
Industry:
Biotechnology Research
Location:
Cambridge, MA
Company Size:
201-500 Employees
Products
Crosschq 360
The Goal
Flagship Pioneering need to speed things up, but they were unwilling to sacrifice speed for quality when it comes to hiring.
A key step in Flagship’s hiring process is reference checking, which was becoming to cumbersome, time-consuming a process for their talent acquisition team with little value in the information they were getting back.
They needed a way to reduce their time-to-offer and get a more robust data set on candidates to better inform their hiring decisions, particularly for more junior-level roles where Flagship was seeing higher turnover.
The Challenge
Flagship Pioneering’s hiring managers were manually conducting reference checks; emails to get call times set up, having the calls, compiling feedback, etc.
There also was no centralized place where everyone on the hiring team could consistently add their feedback.
This was causing delays in getting offers to candidates, and they data Flagship was getting wasn’t adding value to their hiring process or helping inform a candidate’s potential manager on the type of employee they’d be adding to their team.
The Solution
Enter Crosschq. Flagship Pioneering enabled Crosschq 360, the industry leading automated digital reference checking solution as well as Crosschq Recruit, which turns references into active candidates for Flagship’s other open roles.
Crosschq 360 allowed Flagship’s TA team to gather impactful candidate insights centered on their behavior and attributes, strengths and weaknesses, as well as soft and role-specific skills, all with the touch of a button. This didn’t replace the phone call, but rather the data collected by Crosschq 360 informs them and other touchpoints in their hiring process.
Crosschq has saved Flagship Pioneering a significant amount of time. Not only are offers getting to candidates faster, but the TA team has been freed up to work on more strategic initiatives.
With Crosschq candidate data now stored in an accessible repository, it’s not only helping Flagship hire better but also providing invaluable data to hiring managers to assist with onboarding while ramping up new hire’s performance. And Crosschq Recruit has added validated, cost-effective candidates to Flagship’s talent pool saving them more time and potentially thousands of dollars in sourcing costs.
Crosschq has fit
seamlessly
into our current workflow and we are getting some
great data that informs onboarding
a new hire as well.
Emily Gransky
Director, Talent Acquisition & Operations
Flagship Pioneering