Executive Director, Product Strategy Lead

Band

Level 7

 

Job 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 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

Essential Requirements:

Education (minimum/desirable):

Bachelor’s 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: $214,900.00/year and $399,100.00/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 geographica