Strategic Product Manager

3 weeks ago


Hyderabad, Telangana, India Dr Reddy's Laboratories Limited Full time
Job Description

Job Title: Strategic Product Manager

We are looking for an experienced Strategic Product Manager to join our team. As a key member of our product development team, you will be responsible for identifying new product opportunities, developing business cases, and implementing positioning strategies within designated budgets and organizational guidelines.

Key Responsibilities:

  • Conceptualize and plan new products by gathering feedback on unmet therapeutic needs and presenting business cases to the vertical head and country head.
  • Develop and implement successful product launches through effective communication and collaboration with regional sales teams.
  • Coordinate with sales teams, review performance, and initiate corrective actions when necessary to ensure new products meet or exceed sales projections.
  • Conduct market research, finalize positioning strategies, and oversee effective promotion strategies by collaborating with ad agencies and implementing marketing plans in alignment with business goals.
  • Identify CME needs, invite speakers and doctors, and ensure successful execution of CME programs to establish lasting relationships with healthcare professionals.
  • Lead and develop the team by conducting performance appraisals, mentoring team members, and collaborating with HR for recruitment and talent development to maximize team performance and retention.
  • Gather feedback from regional sales managers, devise region-specific strategies, and incorporate regional needs into the product plan to enhance overall performance.

Requirements:

  • Graduate degree in any science stream.
  • Minimum 7-10 years of experience in product management in the pharmaceutical sector.
  • Understanding of the Indian pharmaceutical industry, including competition, customer behavior, and prescription habits.
  • Strategic mindset to develop and implement long-term product strategies that align with the company's overall business objectives.
  • Excellent communication skills to convey complex scientific and medical information to diverse audiences.

About the Company:

Dr. Reddy's Laboratories Limited is a global pharmaceutical company that has been committed to providing innovative healthcare solutions for over three decades. We strive to make a meaningful difference in the lives of patients and communities around the world.



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