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Consequently, pharma is focusing on the evolution of customer-facing roles toward ecosystem activation and beyond the salesforce. To meet evolving needs, biopharma is adapting by reshaping established roles such as key account managers and creating new specialized positions like diagnostic partnership liaisons and population health specialists. According to a recent survey conducted by ZS, about 94% of the senior-most pharma executives consider key account managers to be a strategic priority for commercial success.3 Sixty percent of pharma executives indicated in another survey by ZS that field medical excellence positions are their top priority and organizations are investing in nontraditional field roles.4
Pharma is also pushing for an enhanced focus on patients through direct patient inputs.5 Improving the experience for patients remains among the top three commercialization priorities of companies in the industry over the next three years.6 Comprehensive offerings focused on enhancing patient care aim to provide seamless, patient-centered health care journeys. For patients, this includes education and awareness on symptoms and treatments, early diagnosis initiatives, access to medications even in underserved areas and ongoing support throughout their treatment. For health care providers, offerings powered by advanced technologies like AI could help streamline their workflows and reduce administrative burdens, improving patient engagement. Pharma companies can develop initiatives that aim to create a more cohesive and efficient support network for patients, ultimately transforming the health care experience for all stakeholders.
As new and advanced commercial capabilities such as omnichannel and AI continue to gain momentum within pharma, it is critical to understand and assess the synergies and gaps at multiple levels along the spectrum of commercial transformation to inform and optimize future decision-making.
Imperative for commercial transformation
A successful commercial transformation requires a pharma company to understand and define the interactions between commercial functions and the rest of the organization. For instance, the commercial team must provide R&D with critical market insights and data on unmet needs, directly influencing drug development decisions. Similarly, market access plays a vital role in guiding commercial strategies through expertise on pricing and reimbursement. HR contributes by shaping salesforce recruitment, training, coaching and performance management, while supply chain ensures seamless operations by providing accurate sales forecasts, market demand assessments and inventory management. Furthermore, collaboration with medical affairs is essential, as that function’s scientific expertise supports sales and marketing efforts. By fostering these crucial interdepartmental synergies, organizations can optimize their commercial strategies and drive sustainable growth.
A thorough understanding of these inter-functional engagements can help pharma identify key linkages between different levels of strategy planning and data integration. Connecting data across these functions is essential to generate insights that benefit the enterprise and achieve an enterprise-centric transformation in a true sense.
Integration and cross-functional collaboration for a holistic pharma enterprise strategy