ED, Product Strategy Lead - MS

Novartis Group Companies

East Hanover (NJ)

On-site

USD 237,000 - 439,000

Full time

14 days+

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Benefits offered by this job

Performance-based cash incentive

Annual equity awards

Health, life and disability benefits

401(k) with company match

Job summary

Novartis Group Companies in the US seeks an Executive Director, Product Strategy Lead to orchestrate integrated product strategies across a therapy area. Location options include East Hanover, NJ or Cambridge, MA with no remote work and 20% travel domestically and internationally.

The role oversees the full P&L and partners with Marketing, Sales, Market Access and more to accelerate impact while optimizing resource interdependencies. Strong leadership and global/local alignment are essential.

Qualifications

10+ years in pharmaceutical/biotech/healthcare
3+ years large budget management
3+ years leading integrated product strategy with global/local alignment
US Market, launch and lifecycle experience or GM experience elsewhere

Responsibilities

Define critical and specific integrated priorities with cross-functional team.
Lead, measure and act on KPIs for the integrated product strategy.
Contribute to the P&L and drive resource allocation for impact.
Contribute to topline results through strategic choices.
Coordinate cross-functional resource allocation for maximum impact.
Establish and coordinate KPI management across functions.
Partner with functional heads on trade-off decisions.
Collaborate with General Managers on enterprise decisions.

Skills

Agility

Asset Management

Business Strategies

Commercial Excellence

Cross-Functional Collaboration

Customer-Oriented

Digital Marketing

Healthcare Sector Understanding

Influencing Skills

Inspirational Leadership

Marketing Strategies

Medical Affairs

Negotiation

People Management

Product Lifecycle Management

Product Marketing

Product Positioning

Product Strategies

Revenue Growth

Stakeholder Engagement

Stakeholder Management

Strategic Alliances

Value Propositions

Education

Bachelor's Degree

MBA

Job description

Job Description Summary

This position will be located at the East Hanover, NJ site or the Cambridge, MA site and will not have the ability to be located remotely. This position will require 20% travel as defined by the business (domestic and/ or international).

The Executive Director, Product Strategy Lead (PSL) 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, Novartis Patient Support, Market Access, Insights and Decision Science 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.

This role will contribute to the management of the full P&L for the assigned product, under the final leadership of the 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.

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.

Job Description

Key Responsibilities

Define critical and specific integrated priorities and key impact measures for assigned product/indicationin consultation with the cross-functional product strategy teamunder the final leadership of the General Manager.
Integrate, lead, measure and take decisive actionagainst the KPIs on theintegrated product strategy to raise impact for product
Significant contribution to theP&L of a product/indicationwhile enabling partner functions to manage day-to-day resource management
Significant contributionto thetopline results as an outcome of strategic choices
Significant contributionto theintegrated 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 managersand members of theProduct Strategyteamfor enterprise decisions, including potential trade-offs betweenproducts/indications

Essential Requirements

Education (minimum/desirable)

Bachelor's Degree, preferred MBA

Experience

Required

10+ years in pharmaceutical, biotech, healthcare, or healthcare consulting industry inclusive of at least 2different typesof 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

Preferred

Therapeutic Area experience
US experience strongly preferred
Global or other country / region experience (Projects orfull timeroles or temporary roles for 6 months or more)

The salary for this position is expected to range between $236,600.00 and $439,400.00 per 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 awards.

US-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 benefits. In addition, employees are eligible for a generous time off package including vacation, personal days, holidays and other leaves.

To learn more about the culture, rewards and benefits we offer our people click here.

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 us.reasonableaccommodations@novartis.com or call +1(877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Salary Range

$236,600.00 - $439,400.00

Skills Desired