Job Title: SBU Head - Revitalite
At Sun Pharma, we commit to helping you “Create your own sunshine”— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.
Are You Ready to Create Your Own Sunshine?
As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.”
Job Summary
SBU Head would be required to develop and Monitor sales & marketing strategy to drive profitable growth with increased market share. Oversee brand strategies and drive key brand market share and prescription share increase. Implement best-in-class sales & marketing practices with a drive for innovation. The role also requires the incumbent to develop leaders who can shoulder the growth of the business. The role requires the incumbent to ensure that the business unit delivers profitability objectives.
Accountability
MAJOR ACCOUNTABILITIES
TIME SPLIT
SUB-ACCOUNTABILITIES
Financial
Accountabilities
20%
10%
20%
Revenue - Achievement of HO Objective Key Brands/ Portfolio - Achievement of HO Objective Profitability as per P&L- Net Profit Absolute Value Market Share & Growth Objective
10%
SBU/ Brand Market share Gain/ SBU or Brand growth Vs PM growth Prescription Progress
10%
Y-o-Y increase in Rx Weak State Market Share
5%
% of field budget or MS to improve by 1% Brand Management
10%
Implementation of the marketing plan. Drive Digital initiatives & Incremental Innovations NDAC / KOL Engagement
10%
Meet the NDAC/ KOL at least once in a quarter Innovation / new ideas
5%
New business ideas for sales/brands/ marketing practices etc. Key Decisions and Authority Limits
Decision regarding allocation of budgets for direct investment brandsDecision on the strategy for the increase in the market share of the product in terms of IMS ranking and prescriptionsDecide on pricing and placement of productDecision regarding the quality and productivity of peopleOptimal decision making (as opposed to reactive, stop-gap decisions which then become precedents)Decision regarding succession plans for the key positions within the groupDecision on implementation of Innovative ideas, special campaigns, and price pack changesDecisions related to Digital Marketing initiativesDecision regarding the division’s marketing strategies & implementation timelines to achieve healthy cash flow, margins, growth & market share (sales & prescriptions)Decision on expense & revenue budgetsResource pooling plan within the clusterTarget setting for territories, Areas, Regions, ZonesBrand portfolio management…Identification of key brands & new introductionsIdentification of potential candidates for acquisitionDecision on implementation of Innovative ideas, special campaigns, and price pack changesKOL managementDecision regarding succession plans for the key positions within the groupDecisions related to Digital Marketing initiativesPro-activeness & consistency in the decision-making process, Decisions related to motivational schemes – incentives, reward system, training, and development needs, etc.Decision regarding allocation of budgets for direct investment brandsDecision on the strategy for the increase in the market share of the product in terms of IMS ranking and prescriptionsDecide on pricing and placement of productDecision regarding the quality and productivity of peopleOptimal decision making (as opposed to reactive, stop-gap decisions which then become precedents)Decision regarding succession plans for the key positions within the groupDecision on implementation of Innovative ideas, special campaigns, and price pack changesDecisions related to Digital Marketing initiativesDecision regarding the division’s marketing strategies & implementation timelines to achieve healthy cash flow, margins, growth & market share (sales & prescriptions)Decision on expense & revenue budgetsResource pooling plan within the clusterTarget setting for territories, Areas, Regions, ZonesBrand portfolio management…Identification of key brands & new introductionsIdentification of potential candidates for acquisitionDecision on implementation of Innovative ideas, special campaigns, and price pack changesKOL managementDecision regarding succession plans for the key positions within the groupDecisions related to Digital Marketing initiativesPro-activeness & consistency in the decision-making processDecisions related to motivational schemes – incentives, reward system, training, and development needs, etc. Major Challenges
Keep pace with and align with market developments. Needs to be aware of market dynamics, fluctuations, innovations, etc.Understands scientifically how various product are placed in relation to competitor products and devise appropriate strategies to deal with themPerform detailed sales reviews for accurate and effective sales management.Mitigate Risks and take advantage of being one step ahead of the competition to build a brand during the window of opportunity.Understand the market potential and drives the businessMake recommendations to Top Management for the acquisition of new companies and productsInfluence highly intellectual people/ Doctors about products and therapiesBuild relationships and develop loyalty with senior customers and decision-makersEstablish & implement Business Processes and systemsGenerate healthy cash flow & marginsDeliver growth >>>market growthTo be among the top 3 brands in every brand categoryCompetitor analysis: Knowing the competition at each step, anticipating their strategies & work proactively to have an upper edgeConsistent achievement of high productivity & incremental productivityChannelize expenses towards the right brands, campaigns, customers, and terrs for high ROIAchieve scale quickly with new introductions.Achieve consistency in performance- Both earnings & savingsGenerate prescriptions from every customerEnsure that at least 80% of the field force achieves targets & earns incentivesResource pooling within the clusterHigh accountability: To build a team of consistent performers & weed out the inconsistent onesMentoring process to create a new set of leadersTime-bound executions of strategiesExcellent understanding of goals, responsibilities, domain knowledge, customer relationship, product knowledge, in clinic effectiveness of every team member Strong review mechanisms to monitor the progress of various assignmentsAlignment of field force & other support functions with the division’s vision & goals for better success.People-intensive industry- Better coordination & man management skills for the smooth functioning of the team.Healthy relationship & understanding with other support functions for smooth implementation of strategies. KRA and KPIs
Sl. No.
Key Result Areas
Key Performance Indicators
A. Financial Objective
1
Revenue Generation
[%] Achievement of Targets
2
Key Brands/ Portfolios
[%] Achievement of target agreed at the beginning of the financial year
3
Profitability as per Profit & Loss (P&L) Statement
[%] of the net profit recorded vis-a-vis target
B. Market Share and Growth
4.
SBU/Brand Market share Gain
SBU or Brand growth vs PM growth
Absolute Increase C. Prescription Progress:
5.
Prescriptions Received Vs previous year/ period
Absolute increase D. Territory Development:
6.
Weak States: Increase of field budget or Market Share
Absolute improvement in Market Share 7.
Low PMPM Territory: Improve PMPM by 80% of previous year
Incremental PMPM E. BRAND DEVELOPMENT
8.
Digital initiatives & Incremental Innovations
F. NDAC / KOL Engagement
9.
Meet NDAC/ KOL
At least once a year
G. Innovation / New ideas
10.
Innovation & New Ideas
MS%, Rx share, sales, efficiency or savings or people related, etc.
Education, skills and relevant experience
MBA / similar/ equivalent professional qualificationScience graduation (preferable) Leadership & people management skillsStrong influencing and interpersonal skill. Collaboration SkillsStrategic thinking with superior business acumenAbility to manage large business and complex geographies is essential for this role.Ability to manage teams15+ years of experience in Marketing & SalesShould have handled similar P&L role or if internal promoted then either marketing head or sales head with relevant exposure