Job Overview
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Date PostedMay 12, 2023
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Location (State / UT)
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Expiration date--
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Experience15 Years
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GenderAny
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Desired QualificationBachelor Degree, Master’s Degree
Job Description
Frame and drive execution of a profitable BU strategy within the assigned geography with the objective of achieving the organization’s goals.
Key Accountabilities:
Frame, communicate, and execute a profitable BU strategy (Sales and marketing) and P&L strategy for the particular division using the available resources to achieve the short-term and long-term business targets:
- Define BU strategy to accelerate growth and pursue profitable growth given India Business priorities
- Finalize targets for the year along with DSH/ RBM & Senior Marketing Manager/ Marketing Manager
- Manage P&L for the business unit
- Forecast and provide recommendations on the therapy areas/geographies/products to invest in
- Set standards for sales processes
- Drive adherence to financial/ regulatory and legal norms within the team
- Review expenses on a regular basis and identify areas for improvement/ reduction in costs
- Identify resource optimization opportunities
- Enable business unit structure
Lead the BU by leveraging P&L in terms of resources and expenses in order to achieve the top-line and bottom-line targets
- Customize national therapy strategy for own BU along with DSHs and Marketing Managers
- Collaborate with DSHs and Marketing Managers to execute the strategy
- Provide the team with the necessary support for strategy execution
- Jointly conceptualize CME programs, advisory board meetings, conferences, etc. with top doctors in the country
- Recommend new products in the pipeline and drive the launch of the same
- Recommend partnerships and mergers for the growth of the business
Define the manpower strategy by targeted allocation of people to ensure the achievement of region-specific targets across divisions
- Ensure optimum deployment of resources, and the right mix of teams to attain targets
- Lead the acquisition, retaining, rewards, motivation of people, coaching, and managerial development, to manage a team well, fulfill their objectives
- Analyse reports created by support teams to identify gaps in performance and create plans to bridge the same before they affect business
- Increase efficiencies and reduce redundancies to drive business goals
- Review sales achievement against a target, make mid-year corrections to sales plan based on progress
- Enable staffing of the BU structure to leverage value from high-potential territories and support functions.
- Manage the pipeline of talent in the BU
- Identify key talent and ensure they are groomed for future leadership roles
- Drive Cipla’s culture within the team and ensure integrity, ethics, and compliance
Manage internal and external stakeholders to ensure seamless coordination to achieve internal business goals and external customer needs
- Align all relevant stakeholders (finance, portfolio, etc.) to ensure the BU strategy is being implemented
- Lead a cross-functional team comprising HR, finance, marketing, Sales, distribution, etc. to achieve business goals
- Meet and maintain relationships with KOLs, KBLs, chemists, key doctors (national and divisional), distributors, stockists, and unions for mutual benefit
- Evaluate requests raised by stakeholders (sponsorship, support, engagement programs, etc.)
- Represent and showcase organization capabilities in industry associations and conferences.
Major Challenges:
- Manage and prioritization of tasks across multiple BUs Effective allocation of tasks, multi-tasking
- Aligning multiple stakeholders to BU thoughts and processes CFT teamwork, collaboration
- Crisis management – (e.g., regulatory changes in prices, external environment influences, stock unavailability, etc.) Reset goals, opportunity assessment, resource allocation
Key Interactions:
Internal:
- Finance for P&L
- HR for manpower acquisition
- S&OP for stock status
- Portfolio team for NP pipeline
External:
- Medical societies (e.g. IAP) for congress participation and roll-out of national programs – need-based
- Marketing agencies for patient support programs and market research – need-based
- Customer associations (retailers, stockists, etc.) for relationship building and management – frequent
Education Qualification
B.SC / B.Pharm, Preferably with MBA in Marketing
Relevant Work Experience:
15+ years of experience leading a large and geographically diverse sales team in the pharmaceutical industry; Proven sales track record.
Competencies
Sales Strategy, Financial Acumen, Performance Management, Change Management, Strategic Project Leadership, Leading large teams, Building and Nurturing Stakeholder Relationships