SBU Head - Chronic Rural

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Qualification:

Therapy/Department:

Experience:

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Job Summary:

BU Head would be required to develop and Monitor sales & marketing strategy to drive profitable growth with increased market share. Oversee brand strategies and drive key brand market share and prescription share increase. Implement best-in-class sales & marketing practices with a drive for innovation. The role also requires the incumbent to develop leaders who can shoulder the growth of the business. The role requires the incumbent to ensure that the business unit delivers profitability objectives.

KEY DECISIONS AND AUTHORITY LIMITS:

• Decision regarding allocation of budgets for direct investment brands
• Decision on the strategy for the increase in the market share of the product in terms of IMS ranking and prescriptions
• Decide on pricing and placement of product
• Decision regarding the quality and productivity of people
• Optimal decision making (as opposed to reactive, stop-gap decisions which then become precedents)
• Decision regarding succession plans for the key positions within the group
• Decision on implementation of Innovative ideas, special campaigns, and price pack changes
• Decisions related to Digital Marketing initiatives
• Decision regarding the division’s marketing strategies & implementation timelines to achieve healthy cash flow, margins, growth & market share (sales & prescriptions)
• Decision on expense & revenue budgets
• Resource pooling plan within the division
• Target setting for territories, Areas, Regions, Zones
• Brand portfolio managementIdentification of key brands & new introductions
• Identification of potential candidates for acquisition
• Decision on implementation of Innovative ideas, special campaigns, and price pack changes
• KOL management
• Decision regarding succession plans for the key positions within the group
• Decisions related to Digital Marketing initiatives
• Pro-activeness & consistency in the decision-making process
• Decisions related to motivational schemes – incentives, reward system, training, and development needs, etc.

MAJOR CHALLENGES:

• Keep pace with and align with market developments. Needs to be aware of market dynamics, fluctuations, innovations, etc.
• Understands scientifically how various product are placed in relation to competitor products and devise appropriate strategies to deal with them
• Perform detailed sales reviews for accurate and effective sales management.
• Mitigate Risks and take advantage of being one step ahead of the competition to build a brand during the window of opportunity.
• Understand the market potential and drives the business
• Make recommendations to Top Management for the acquisition of new companies and products
• Influence highly intellectual people/ Doctors about products and therapies
• Build relationships and develop loyalty with senior customers and decision-makers
• Establish & implement Business Processes and systems
• Generate healthy cash flow & margins
• Deliver growth >>>market growth
• To be among the top 3 brands in every brand category
• Competitor analysis: Knowing the competition at each step, anticipating their strategies & work proactively to have an upper edge
• Consistent achievement of high productivity & incremental productivity
• Channelize expenses towards the right brands, campaigns, customers for high ROI
• Achieve scale quickly with new introductions.
• Achieve consistency in performance- Both earnings & savings
• Generate prescriptions from every customer
• Ensure that at least 80% of the field force achieves targets & earns incentives
• Resource pooling within the division
• High accountability: To build a team of consistent performers & weed out the inconsistent ones
• Mentoring process to create a new set of leaders
• Time-bound executions of strategies
• Excellent understanding of goals, responsibilities, domain knowledge, customer relationship, product knowledge, in clinic effectiveness of every team member
• Strong review mechanisms to monitor the progress of various assignments
• Alignment of field force & other support functions with the division’s vision & goals for better success.
• People-intensive industry- better coordination & man management skills for the smooth functioning of the team.
• Healthy relationship & understanding with other support functions for smooth implementation of strategies.