Challenge
Large pharma organization desired a radical shift to customer-driven models utilizing the following criteria:
- Reducing traditional sales representative headcount by 50%,
- Deploying new account management resources against key influencers including payers, providers, employers, academia, and government
- Conduct a year-long pilot in three underperforming markets with on a value proposition based on each market and customer situation
- Measure and assess the effectiveness of the approach beyond product growth and market share
Solution
BCA was retained by the client and applied the following approach:
- Operating model and support structure requirements identified and rolled-out
- Mapped required skill sets to new roles and support functions and implemented training and development programs with each of the targeted groups
- Designed and executed a longitudinal customer benchmarking and assessment process
- Implemented a bottom-up local business planning process
- Change Management plan, which included significant training combined with a robust feedback loop, was rolled-out to all first line managers
- Developed and implemented new metrics and measures based on profitability and customer feedback
- After a year, the results across the three pilots were as follows:
- Customer perception improved incrementally from baseline
- Sales trends stabilized with an increase in profitability
- Data from the change management effort indicated that individuals were committed and had embraced a business ownership mentality
- Increased level and frequency of communication with key customers
- HQ ability to adapt to new operating model was a identified as a significant issue