Executive Director, Product Strategy Lead
Executive Director, Product Strategy Lead
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$ 214900 - 399100
1 Vacancy
Job Description
Band
Level 7Job Description Summary
The Executive Director and Product Strategy Lead will lead the creation implementation orchestration and measurement of the integrated product strategies for an indication of a product within a given therapeutic area in the US under the leadership of a General Manager for the Product or Portfolio. This individual will contribute to the key decision making for maximizing the impact of the product under their remit while actively and appropriately managing resource allocation across multiple teams and multiple functions. This will be done in consultation with various teams and functions including: Marketing Sales Patient Specialty Services Market Access Managed Markets and Medical about their respective strategies plans and proposed resourcing. This leader will impact the Novartis legacy in his/her responsibility for accelerating impact in the product/while leading through a business-critical transformation.Job Description
This role will contribute to the management of the full P&L for the assigned product under the final leadership of the Product General Manager for the Product or Portfolio and will partner closely with functional heads for decision-making of resource allocation to deliver the most accelerated impact for the product.
This leader will be a key member of the General Manager team in the Integrated Product Strategy Organization and is expected to demonstrate accountability for the assigned product or indication and responsibility for broader enterprise leadership in their decisions and engagement across the US Pharma organization and the Global Pharma Organization.
This leader has a passion for transformational enterprise leadership decisive strategy in service of delivering higher impact for patients customers healthcare systems with higher quality speed and agility. Additionally this leader will be responsible for ensuring that customer engagement and relationship building are factored into the product/ indications strategic approach and performance metrics to optimize the approach and identify potential areas of risk.
Key Responsibilities:
- Define critical and specific integrated priorities and key impact measures for assigned product/indication in consultation with the cross-functional product strategy team under the final leadership of the Product / Portfolio General Manager.
- Integrate lead measure and take decisive action against the KPIs on the integrated product strategy to raise impact for product
- Significant contribution to the P&L of a product/indication while enabling partner functions to manage day-to-day resource management
- Integrate key insights and data in partnership with functional heads to have an adaptive strategy and tactical plan in service of higher impact for our medicines
- Significant contribution to the topline results as an outcome of strategic choices
- Significant contribution to the integrated cross-functional resource allocation to deliver highest impact
- Establish and coordinate management of KPIs across all functions accountable for the integrated product strategy
- Appropriately partner with functional heads in trade-off decisions
- Partner with other general managers and members of the Product Strategy group for enterprise decisions including potential trade-offs between products/indications
- Talent development retention and growth and culture custodianship
Essential Requirements:
Education (minimum/desirable):
Bachelors Degree preferred MBA
- 10 years in pharmaceutical biotech healthcare or healthcare consulting industry inclusive of at least 2 different types of cross-functional roles/experience
- 3 years of direct responsibility for large budget management inclusive of owning key product trade-off decisions
- 3 years leading and translating an integrated product strategy requiring global and local alignment
- US Market launch and product lifecycle stages experience OR General Manager experience in other countries
Desirable Requirements:
- Therapeutic Area experience
- US experience strongly preferred
- Global or other country / region experience (Projects or full time roles or temporary roles for 6 months or more)
The pay range for this position at commencement of employment is expected to be between: $214900.00/year and $399100.00/year; however while salary ranges are effective from 1/1/24 through 12/31/24 fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further final pay determinations will depend on various factors including but not limited to geographical location experience level knowledge skills and abilities. The total compensation package for this position may also include other elements including a sign-on bonus restricted stock units and discretionary awards in addition to a full range of medical financial and/or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Company or individual department/team performance and market factors.
EEO Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion gender national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status. We strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and reasonable accommodations
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If because of a medical condition or disability you need a reasonable accommodation for any part of the application process or in order to perform the essential functions of a position please send an e-mail to call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Range
Skills Desired
Agility Asset Management Business Strategy Commercial Excellence Cross-Functional Collaboration Customer Orientation Digital Marketing Healthcare Sector Understanding Influencing Skills Inspirational Leadership Marketing Strategy Medical Affairs Negotiation Skills People Management Priority Disease Areas Expertise Product Lifecycle Management (PLM) Product Marketing Product Positioning Product Strategy Revenue Growth Stakeholder Engagement Stakeholder Management Strategic Partnerships Value PropositionsRequired Experience:
Director
Employment Type
Full-Time
