Possible opportunities or career pathway after MBA(Sales and Marketing) in pharmaceutical industry.
Business Development
Brand Management
Market Research
Data Analytics
Project Management
Pharma Sales (Medical Representative)
Digital Marketing
Strategy Consulting
International Marketing
1. How does pharma company function in and around business team?
2. What is the role of Business unit/operations and other supporting departments?
3. Understanding of roles and responsibilities in each marketing stream.
4. What is the hierarchy from executive to CEO in each stream?
1. Pharma Marketing Scopes
1
Discussion
a) How does pharma company functions in and around business team?
b) What is the role of Business unit and other supporting departments?
c) Understanding of roles and responsibilities in each marketing stream
d) What is the hierarchy from executive to CEO in each stream?
bhaveshmor@gmail.comBhavesh Mor
Bhavesh Mor
bhaveshmor@gmail.com | +919727209933 | Mumbai
6+ years of experience in Pharma Sales and Marketing
Alumnus of NIPER-Hyderabad
3. Designation &
Remuneration (Growth)
Ground: Area of work
By choice or
Grab offer which you love
Know every ground well
& Develop yourself
MBA
Helicopter
View in slides
bhaveshmor@gmail.comBhavesh Mor 3
May raise chance of getting
satisfaction and happiness
5. 5
Drug MKT
Company
Brand Indication Formulation Dose
Morname Star
Pharma
Mocar Cardiac
failure
Tablet 10mg/day
Mfg
Company
Moon
Pharma
bhaveshmor@gmail.comBhavesh Mor
Example for reference
6. REVENUE AND PROFIT GENERATION
6
R & D
Production
and
Operations
Business
Co-
ordination
Business
Unit
Sales
(Domestic)
International
Market
Data
Analysis
and SFE
Market
Research
and
Intelligence
Strategy
Consulting
and
Training
API
bhaveshmor@gmail.comBhavesh Mor
Here,
Business Unit = Marketing
Team for Pharma Product =
Division of Pharma
company
8. 1. PROJECT MANAGEMENT
8
Project Management:
Formulation development project
BA-BE Study
Clinical Trial Project
R & D and
Regulatory
Production
and
Operations
Business
Co-
ordination
Business
Unit
Int.Market
Data
Analysis
and SFE
Strategy
Consulting
and
Training
API Role of Project Manager:
Project planning, execution, and
monitoring with resource allocation
Timeline & budget planning and
management
Customer management
Management of regulatory and
compliance strategies
Environmental safety
Risk management
Cross functional team management
Tailor made solution – Ready made
solution
Target: No.of Successful projects and
revenue
www.pmi.org
bhaveshmor@gmail.comBhavesh Mor
Market
Research
and
Intelligence
Sales
(Domestic)
9. 1. PROJECT MANAGEMENT
9
Executive, Assistant PM, Project Manager,
Senior PM
Ground Level Team
Project Management Team
PM Head
VP R &D
CEO
bhaveshmor@gmail.comBhavesh Mor
10. 2. BUSINESS DEVELOPMENT
10
Business Development:
Developing source of revenue
Bringing new/more products to build
bigger portfolio
R & D
Production
and
Operations
Business
Co-
ordination
Business
Unit
Int.Market
Data
Analysis
and SFE
Market
Research
and
Intelligence
Strategy
Consulting
and
Training
API Role of BD Manager:
Approaching and negotiation with
clients (cost per batch/service)
Integrating contract requirements with
business operations
Management of regulatory and
compliance strategies
Cross functional team management
(packaging, price, forecasting, delivery)
Risk management
Relationship building with firms
Target: No. of New products in portfolio
or revenue target and meeting timeline
bhaveshmor@gmail.comBhavesh Mor
Sales
(Domestic)
11. 2. BUSINESS DEVELOPMENT
11
Executive, Assistant Manager, Manager,
Senior Manager
Ground Level Team
BD Team
BD Head
VP BD
CEO
bhaveshmor@gmail.comBhavesh Mor
12. 3. MARKETING MANAGEMENT [BRAND/PRODUCT MANAGEMENT (PMT)]
12
Marketing Management:
Generating Incremental profitability
YOY by business management strategies
and achieving sales target
R & D
Production
and
Operations
Business
Co-
ordination
Business
Unit
Int.Market
Data
Analysis
and SFE
Strategy
Consulting
and
Training
API
Role of Marketing Team:
Brand Portfolio Management
New Brand launch plan
Strategic Marketing plan: STP
Strategy: Design, Development,
Briefing, Execution, Feedback, impact
measurement
Training field force and cycle meetings
Event Management
KOL management
New product proposals
Fieldwork: issues and mitigation plan
Strategic Marketing
Target: Sales target, Market share,
Prescription share
bhaveshmor@gmail.comBhavesh Mor
Market
Research
and
Intelligence
Sales
(Domestic)
13. 3. MARKETING MANAGEMENT [BRAND/PRODUCT MANAGEMENT (PMT)]
13
MD
CEO
Cluster Head-1
(ORGPUO)
Vice President-1 (UO)
BU-1 Head/GM (Sales and Marketing) –
Business Team
Marketing Manager
PMT
National Sales Manager
Field Force
BU-2n
Vice President -2n (OR)
Cluster Head-2n
(DCCO)
PMT:
Group product Manager
Product Manager
Asst.Product Manager
Product Executive
bhaveshmor@gmail.comBhavesh Mor
14. 4. BUSINESS SUPPORTING SERVICES
14
Data Analysis and SFE
Preparing report with IMS/AIOCD/PharmaTrac
SMSRC/CMARC/Survey based data
SFE:
Sales Force Effectiveness assessment and
actions
Market Research and
Intelligence
Primary research and secondary
research,Forecasting, Data Analytics & Data
Processing
Customer Insight, Patient’s Insight,
Market/Business intelligence
Literature/patent/price/Drug safety analysis
Product or Innovation scouting
Marketing and Promotional effectiveness
assessments
Preparing report with various insights and
presenting
Strategy Consulting
Helping to understand business and
suggesting strategies for New
Company/Therapy/Product launch
R & D
Production
and
Operations
Business
Co-
ordination
Business
Unit
Sales
(Domestic)
Int.Market
Data
Analysis
and SFE
Strategy
Consulting
and
Training
API
bhaveshmor@gmail.comBhavesh Mor
Market
Research
and
Intelligence
Training Dept:
Training Field force or
people of organization
15. 4. MARKET RESEARCH AND INTELLIGENCE
15
Research Executive
Research Associate / Analyst
Senior Research Executive
Research Manager
Associate Director
Director
bhaveshmor@gmail.comBhavesh Mor
16. 5. SALES (DOMESTIC)
16
Pharma Sales:
Generating Incremental sales and
achieving sales targets
R & D
Production
and
Operations
Business
Co-
ordination
Business
Unit
Int.Market
Data
Analysis
and SFE
Strategy
Consulting
and
Training
API
Role of Sales Team:
Meeting doctors regularly as per
guidelines
Executing strategies as per guidelines
Doctor conversion and engagement
Relationship building
Organizing CMEs and participating in
planning and organizing various
academic programs and camps
Meeting stockiest and chemists
regularly as per guidelines
Ensuring product availability and
coordinating with C & F
Target: Sales target, Calls
bhaveshmor@gmail.comBhavesh Mor
Market
Research
and
Intelligence
Sales
(Domestic)
18. 6. INTERNATIONAL MARKET
18
Int. Marketing Management:
Generating Incremental profitability
YOY by business management strategies
and achieving sales target
R & D
Production
and
Operations
Business
Co-
ordination
Business
Unit
Int.Market
Data
Analysis
and SFE
Strategy
Consulting
and
Training
API
Role of Marketing Team:
Brand Portfolio Management
New Brand launch plan
Strategic Marketing plan: STP
Strategy: Design, Development,
Briefing, Execution, Feedback, impact
measurement
Training field force anf cycle meetings
Event Management
KOL management
New product proposals
Fieldwork: issues and mitigation plan
Strategic Marketing
Target: Sales target, Market share,
Prescription share
bhaveshmor@gmail.comBhavesh Mor
Market
Research
and
Intelligence
Sales
(Domestic)
19. 6. INTERNATIONAL MARKET
19
Int. Marketing Management:
Generating Incremental profitability
YOY by business management strategies
and achieving sales target
Proper Brand Management Route
Intr.BD Intr. MKTing
Int. BD:
Generating Incremental profitability
YOY by business management strategies
and achieving sales target
Contract Manufacturing and supply
medicines to market – Direct to
company or stockists
Market
Regulated
Market
Semi-Regulated
Market
Non-regulated
Market
bhaveshmor@gmail.comBhavesh Mor
21. Which marketing stream is very good for you?
Valid question but nobody can answer for you.
21bhaveshmor@gmail.comBhavesh Mor
22. DIFFERENTIATING/DOMINATING SKILLS AS PER STREAM
22
Time, Risk,
Cost and Task
Management
People
Management
Negotiation &
Persuasion,
collaboration
skills
Market/business
assessment
Creative and
Innovative
Strategic
Marketing
Data analytics
Forecasting
Machine
learning,
Coding
Communication
skills
Negotiation
skills
Relationship
building
Marketing
skills plus
oversees
regulatory
knowledge
and foreign
language
BD
Project
Management
Market Research
& Date related
PMT
International
Marketing
Sales
Digital
platform
capabilities
Coaching and
training Strategic
thought
process with
analytical
strength
Training
Digital
Marketing
Strategy
Consulting
? ? ? ? ?
? ?
Common Skills required:
Basic skills of Microsoft office
Communication skills
Interpersonal skills
Team building skills
Planning, execution, and monitoring with resource allocation
Customer management
Risk management
Cross functional team management
Strategic thought process and critical thinking
others
bhaveshmor@gmail.comBhavesh Mor
Team
Management
23. 23
Suitable for you or not?
Person can guide you better if you reveal yourself.
bhaveshmor@gmail.comBhavesh Mor
24. 24
Do what you
love not what
you like
Be with people
who can guide
you for what
you love
Satisfaction Happiness
bhaveshmor@gmail.comBhavesh Mor
Which field required B.Pharma or science degree.
Legal and corporate communication is missed in slide.
Business unit does transaction Product-Money : To generate revenue and profit.
Business Unit = Sales + Marketing
But to that transaction, they need Product that product will be given by Manufacturing team.
To Produce Product, they need API.