End – to End product strategy
- Responsible for integrated strategy for products as per vertical / cluster. Owning definition and updating of the strategy as per all DRL market requirements
- Product strategy to cover all aspects of market, medical view, API & formulation development strategy, manufacturing view, launch scenarios, profitability measures, etc.
- Optimize the strategy by connecting diverse requirements across markets, create a roadmap of the product relevant to each market
- Define & govern critical decision points over product life cycle –development to commercialization & beyond
- Assess financial viability / ROI metrics to determine investments in product, discontinuing product, etc.
- Provide clarity on all dimensions of the product strategy to all impacted stakeholders
Business connect
Responsible for connect with all DRL markets teams for comprehensive front end strategy capturing competitive view, market growth, expansion strategy, channel strategy, etc.Provide insights based on historical data on similar category of products, trends and inputs from other CFTs on cost of goodsDrive ideation of life-cycle extension strategies based on market specific inputsEnabling strategy execution through PMO, R&D, Operations teams
Work with Program management office to ensure creation of integrated execution plan delivering the product requirements by marketSupport R&D budget optimization, portfolio prioritization decisions, cost improvements plan for improving profitability, for select cluster of productsLong term strategy planning, risk assessment, mitigation planning
Provide visibility on long range value and volume plan for the portfolio of productsManage the risk to value and work with stakeholders to device mitigation strategiesProvide manufacturing network optimization inputs for the near and long termQualifications
Educational Qualification
Minimum work experience : 6 to 10 years of experience
Mandatory Skills : Analytical, problem-solving skills and learning attitude key for suitable candidates. Prior portfolio / PMO / Strategy / Marketing functions experience will be a plus point
Personal Attributes : Excellent interpersonal skills, ability to influence & work with cross functional teams, engage at senior leadership levels, networking skills, ability to look at the big picture, execution focus and written communication skills
Operating Network : Business Portfolio, Market teams, CFT leads (Regulatory, IP, technical, clinical, etc,), Site leads, Procurement leads, Finance, Digital teams
Skills Required
Market Analysis, Risk Assessment, Portfolio Management, product strategy