Job Description Summary
#LI-Hybrid
Join Novartis as a Director Product Strategy Lead (PSL) and have the opportunity to lead the creation implementation orchestration and measurement of integrated product strategies for the product while managing resource allocation across multiple cross-functional teams and functions. This key role involves contributing to the management of the P&L for the product and partnering closely with functional heads for decision-making to deliver the most accelerated impact for the product. Additionally the leader will be responsible for ensuring customer engagement and relationship building are factored into the products strategic approach and performance metrics to optimize the approach and identify potential areas of risk.
This position will be located in East Hanover NJ and will not have the ability to be located remotely. Please note that this role would not provide relocation and only local candidates will be considered. This position will require up to 20% travel as defined by the business (domestic and/or international).
Job Description
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 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
- 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 members of the General Management team for enterprise decisions including potential trade-offs between products/indications
Essential Requirements:
- Education: Bachelors degree; MBA preferred
- 8 years in the pharmaceutical biotech healthcare or healthcare consulting industry inclusive of 2 years in a core-brand pharmaceutical marketing role and at least one other type of cross-functional role/experience. Cross-functional roles/experience means the associate has worked in different full-time roles for at least 1 year each. Other cross functional roles can include experiences in Sales Market Access NPS IDS or Medical.
- 2 years of direct responsibility for large budget management inclusive of owning key product trade-off decisions
- 2 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:
- HCP/ Consumer promotion experience
- Pharma sales experience
Novartis Compensation Summary: The salary for this position is expected to range between $185500 and $344500per year. The final salary offered is determined based on factors like but not limited to relevant skills and experience and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors. Your compensation will include a performance-based cash incentive and depending on the level of the role eligibility to be considered for annual equity -based eligible employees will receive a comprehensive benefits package that includes health life and disability benefits a 401(k) with company contribution and match and a variety of other addition employees are eligible for a generous time off package including vacation personal days holidays and other leaves.
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 sex national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status.
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 to perform the essential functions of a position please send an e-mail to or call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Salary Range
$185500.00 - $344500.00
Skills Desired
Agility Agility Asset Management Business Development Business Strategy Commercial Excellence Cross-Functional Collaboration Cross-Functional Team Leadership Customer Orientation Digital Marketing Healthcare Sector Understanding Influencing Skills Inspirational Leadership Joint Ventures Key Account Management Market Access Marketing Strategy Market Share Market Trend Medical Affairs Negotiation Skills People Management Priority Disease Areas Expertise Product Launches Product Lifecycle Management (PLM) 3 more