Director, Product Strategy Lead - Renal
Novartis AG - East Hanover, NJ
posted 2 days ago
About the position
The 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 an Executive Director, Product Strategy Lead. This individual will contribute to the key decision making for maximizing the impact of the product while managing resource allocation across multiple teams, in consultation with functions including: Marketing, Sales, Patient Specialty Services, Market Access, Managed Markets and Medical about their respective strategies, plans and proposed resourcing. 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 and will partner closely with functional heads for decision-making of resource allocation to deliver the most accelerated impact for the product.
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 and to the integrated cross-functional resource allocation to deliver highest impact.
- Establish and coordinate management of KPI's 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.
- Depending on the product / indication, interactions with Global to ensure an effective ways of working.
Requirements
- Bachelor's degree required; advanced degree preferred.
- 8+ years in pharmaceutical, biotech, healthcare, or healthcare consulting industry inclusive of at least 2 different types of cross-functional roles/experience from: Strategy, General Management/Portfolio Management, Marketing, Sales, Market Access.
- 2+ years of responsibility for large budget management inclusive of owning key product trade-off decisions.
- 2+ years leading and translating an integrated product strategy.
- Experience of a range of product lifecycle stages (across launch, growth and mature phases).
Nice-to-haves
- US experience strongly preferred.
- Global or other country/region experience.
Benefits
- Sign-on bonus
- Restricted stock units
- Discretionary awards
- Full range of medical benefits
- Financial benefits
- 401(k) eligibility
- Various paid time off benefits, such as vacation, sick time, and parental leave
