SlideShare a Scribd company logo
1 of 18
Download to read offline
Change to ensure
commercial
success >>>
By Manas Ranjan Bhuyan
B-Pharma, MBA, MMM
9819316456
Presentation outline
What & Why of Change?
How do you ensure successful organizational change?
How do you manage change in today's fast-paced business environment?
What is the most important key to the successful organizational change ?
How are companies changing their strategies to compete in a new business
environment ?
Key take home…
The Change man of Indian Pharma
1. Conceptualised and introduced Visual Aid (in Glaxo Boros Welcome)
2. Introduced dress code for Medical Representatives (in Stancare-Ranbaxy)
 Postal DCR to Online
 Print VA to Digital
 Manual Stockist Order to
Automatic Reordering Software (AI)
Change leader in Indian Pharma
For moving from Primary focus to Secondary focus
Change leader in Indian Pharma
 Change in field force goal
5 days working culture for
field force…
For Separate go-to-market team
responsible for meeting stockist and
collecting orders…
 Change in SFE structure …
Change leader in Indian Pharma
 Faster adoption to virtual detailing platform
Recent Change in Indian Pharma
Evolution of focus for IPM…
Organizational change in pharma, refers to the
actions in which a business alters a major
component of its organization, such as
 Culture & Values
 Business/ Portfolio focus
 Customer, Employee engagement & Patient service
 Product promotion/ Technologies
 Distribution process
What & Why of change?
What? Why?
 keep abreast with current market
trends (Customer calling)
 Predictability of business transitions
 Business efficiency
 Sustainability
 Give competitive advantage
 Employee motivation, moral & skill
 Market & Shareholders admiration
Challenges to bring change…
1. Frequent changes in regulatory & compliance norms
2. Rising cost of working capital
3. Fast changing technology as well as customer needs
4. Strong priority towards revenue/ sales number
5. Feeling of insecurity at leadership space
6. Mind-set of higher management towards newer technology
7. Rare orientation towards experimentation & innovation
8. Fear of failure
9. Lack of project management skill among the leadership team
1. Root Cause Analysis is the foundation of change request
2. Clearly state your vision for the future
3. Set short-term goals
4. Start at the top
5. Ask employees what they think
6. Stay on top of resistance
7. Create new communication channels
8. Become an early adopter
9. Have patience
How do you ensure successful organizational change ?
How do you manage change in todays fast paced
business environment ?
 A sharp business intelligence team in place
 Technology like AI, machine learning & big data
 Effective tracking and monitoring systems
 Creating a dedicated project management team comprises of
experienced staff
 Reward and recognition for the implementers & administrative
team
 Collaborations with allied industries, & law maker, stake holders
including educational institute like IIT & IIM (Project basis)
How are companies changing their strategies to
compete in a new business environment ?
1) Collaborative
Product Promotion
approach
2) Shift in
Customer focus
GP
Focus
Speciality
Focus
3) Collaboration with
strong technology
leaders
4) Tie-ups with
Research
institutes
5) Disruptive
distribution
channels
What is the most important key to the successful
organizational change ?
• Incentivise the smart
implementers
• Support the back runners
• Share the success stories
• Setting of timely milestones
• Technology & Tool to measure
outcomes
• Involve tech consultants/
partners
• Support the leadership team
with workshops and
educational tools
• Mentoring support for
leadership team
• Training on design thinking
• Change management &
project management
• MBO Approach
• Creation of a dedicated project
management team
• Proper Root Cause analysis, RCA
• Design Thinking tool in place
• Toolkits to create, Goal setting &
measurement matrix in place
• Budget
• Staff
• Time line Planning before
Change
Support to
Leadership
Rewards &
Recognitions
Effective
Measurement
systems/
Technology
Key take home
Sir please put your points …
"The price of doing the same old thing is
far higher than the price of change.“
Bill Clinton.

More Related Content

Similar to Change Management PPT.pdf

Chp12 E Business Design
Chp12 E Business DesignChp12 E Business Design
Chp12 E Business DesignChuong Nguyen
 
Innovation management case study
Innovation management   case studyInnovation management   case study
Innovation management case studyHassan Saif
 
08a S5
08a   S508a   S5
08a S5FNian
 
Optimizing Digital Business Outcomes
Optimizing Digital Business OutcomesOptimizing Digital Business Outcomes
Optimizing Digital Business OutcomesBob Kantor
 
Business_Transformation_ Reinvent_to_Succeed
Business_Transformation_ Reinvent_to_SucceedBusiness_Transformation_ Reinvent_to_Succeed
Business_Transformation_ Reinvent_to_SucceedAlina Aronova, MBA
 
A Handbook for Recognizing the Obstacles in the Way of Business Transformation
A Handbook for Recognizing the Obstacles in the Way of Business TransformationA Handbook for Recognizing the Obstacles in the Way of Business Transformation
A Handbook for Recognizing the Obstacles in the Way of Business TransformationGroup50 Consulting
 
Chapter 2Valuing InnovationsExplain why and how companies ar.docx
Chapter 2Valuing InnovationsExplain why and how companies ar.docxChapter 2Valuing InnovationsExplain why and how companies ar.docx
Chapter 2Valuing InnovationsExplain why and how companies ar.docxchristinemaritza
 
Using agile and lean to lead business transformation agile 2010
Using agile and lean to lead business transformation agile 2010Using agile and lean to lead business transformation agile 2010
Using agile and lean to lead business transformation agile 2010Dennis Stevens
 
ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...
ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...
ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...Excellence Dayz - ملتقى التميز المؤسسي
 
Technology Adoption ServicesTo stay competitive, organizations n.docx
Technology Adoption ServicesTo stay competitive, organizations n.docxTechnology Adoption ServicesTo stay competitive, organizations n.docx
Technology Adoption ServicesTo stay competitive, organizations n.docxjacqueliner9
 
Ibm case study final
Ibm case study finalIbm case study final
Ibm case study finalRohiniRemje1
 
Corporate Recruitment 2020 Maturity Model Feb 2017
Corporate Recruitment 2020 Maturity Model Feb 2017 Corporate Recruitment 2020 Maturity Model Feb 2017
Corporate Recruitment 2020 Maturity Model Feb 2017 Gareth Flynn
 
Managing Business transformation in Small & Medium Companies
Managing Business transformation in Small & Medium CompaniesManaging Business transformation in Small & Medium Companies
Managing Business transformation in Small & Medium CompaniesBrowne & Mohan
 
Lecture 6 Strategic Alignment Techniques
Lecture 6   Strategic Alignment TechniquesLecture 6   Strategic Alignment Techniques
Lecture 6 Strategic Alignment TechniquesMatthew Montebello
 
Dennis Stevens - Using Agile and Lean to Lead Business Transformation
Dennis Stevens - Using Agile and Lean to Lead Business TransformationDennis Stevens - Using Agile and Lean to Lead Business Transformation
Dennis Stevens - Using Agile and Lean to Lead Business TransformationSFA
 
Pathway to Market Insights
Pathway to Market InsightsPathway to Market Insights
Pathway to Market InsightsMozammel Hoque
 
How to build a better strategic plan
How to build a better strategic planHow to build a better strategic plan
How to build a better strategic planChris Scafario
 
UMT_PMI-ATL Governance Agility_Final
UMT_PMI-ATL Governance Agility_FinalUMT_PMI-ATL Governance Agility_Final
UMT_PMI-ATL Governance Agility_FinalLudvic Baquie
 
Does Your Organization Need a Better Technology Roadmap?
Does Your Organization Need a Better Technology Roadmap?Does Your Organization Need a Better Technology Roadmap?
Does Your Organization Need a Better Technology Roadmap?Community IT Innovators
 

Similar to Change Management PPT.pdf (20)

Chp12 E Business Design
Chp12 E Business DesignChp12 E Business Design
Chp12 E Business Design
 
Innovation management case study
Innovation management   case studyInnovation management   case study
Innovation management case study
 
Resume
ResumeResume
Resume
 
08a S5
08a   S508a   S5
08a S5
 
Optimizing Digital Business Outcomes
Optimizing Digital Business OutcomesOptimizing Digital Business Outcomes
Optimizing Digital Business Outcomes
 
Business_Transformation_ Reinvent_to_Succeed
Business_Transformation_ Reinvent_to_SucceedBusiness_Transformation_ Reinvent_to_Succeed
Business_Transformation_ Reinvent_to_Succeed
 
A Handbook for Recognizing the Obstacles in the Way of Business Transformation
A Handbook for Recognizing the Obstacles in the Way of Business TransformationA Handbook for Recognizing the Obstacles in the Way of Business Transformation
A Handbook for Recognizing the Obstacles in the Way of Business Transformation
 
Chapter 2Valuing InnovationsExplain why and how companies ar.docx
Chapter 2Valuing InnovationsExplain why and how companies ar.docxChapter 2Valuing InnovationsExplain why and how companies ar.docx
Chapter 2Valuing InnovationsExplain why and how companies ar.docx
 
Using agile and lean to lead business transformation agile 2010
Using agile and lean to lead business transformation agile 2010Using agile and lean to lead business transformation agile 2010
Using agile and lean to lead business transformation agile 2010
 
ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...
ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...
ملتقى 2016 - اليوم الأول: تحسين إجراءات العمل لتحقيق التحول المرن - م. أيمن أ...
 
Technology Adoption ServicesTo stay competitive, organizations n.docx
Technology Adoption ServicesTo stay competitive, organizations n.docxTechnology Adoption ServicesTo stay competitive, organizations n.docx
Technology Adoption ServicesTo stay competitive, organizations n.docx
 
Ibm case study final
Ibm case study finalIbm case study final
Ibm case study final
 
Corporate Recruitment 2020 Maturity Model Feb 2017
Corporate Recruitment 2020 Maturity Model Feb 2017 Corporate Recruitment 2020 Maturity Model Feb 2017
Corporate Recruitment 2020 Maturity Model Feb 2017
 
Managing Business transformation in Small & Medium Companies
Managing Business transformation in Small & Medium CompaniesManaging Business transformation in Small & Medium Companies
Managing Business transformation in Small & Medium Companies
 
Lecture 6 Strategic Alignment Techniques
Lecture 6   Strategic Alignment TechniquesLecture 6   Strategic Alignment Techniques
Lecture 6 Strategic Alignment Techniques
 
Dennis Stevens - Using Agile and Lean to Lead Business Transformation
Dennis Stevens - Using Agile and Lean to Lead Business TransformationDennis Stevens - Using Agile and Lean to Lead Business Transformation
Dennis Stevens - Using Agile and Lean to Lead Business Transformation
 
Pathway to Market Insights
Pathway to Market InsightsPathway to Market Insights
Pathway to Market Insights
 
How to build a better strategic plan
How to build a better strategic planHow to build a better strategic plan
How to build a better strategic plan
 
UMT_PMI-ATL Governance Agility_Final
UMT_PMI-ATL Governance Agility_FinalUMT_PMI-ATL Governance Agility_Final
UMT_PMI-ATL Governance Agility_Final
 
Does Your Organization Need a Better Technology Roadmap?
Does Your Organization Need a Better Technology Roadmap?Does Your Organization Need a Better Technology Roadmap?
Does Your Organization Need a Better Technology Roadmap?
 

Recently uploaded

Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaoncallgirls2057
 

Recently uploaded (20)

Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City GurgaonCall Us 📲8800102216📞 Call Girls In DLF City Gurgaon
Call Us 📲8800102216📞 Call Girls In DLF City Gurgaon
 

Change Management PPT.pdf

  • 1. Change to ensure commercial success >>> By Manas Ranjan Bhuyan B-Pharma, MBA, MMM 9819316456
  • 2. Presentation outline What & Why of Change? How do you ensure successful organizational change? How do you manage change in today's fast-paced business environment? What is the most important key to the successful organizational change ? How are companies changing their strategies to compete in a new business environment ? Key take home…
  • 3.
  • 4.
  • 5. The Change man of Indian Pharma 1. Conceptualised and introduced Visual Aid (in Glaxo Boros Welcome) 2. Introduced dress code for Medical Representatives (in Stancare-Ranbaxy)
  • 6.  Postal DCR to Online  Print VA to Digital  Manual Stockist Order to Automatic Reordering Software (AI) Change leader in Indian Pharma
  • 7. For moving from Primary focus to Secondary focus Change leader in Indian Pharma  Change in field force goal
  • 8. 5 days working culture for field force… For Separate go-to-market team responsible for meeting stockist and collecting orders…  Change in SFE structure … Change leader in Indian Pharma
  • 9.  Faster adoption to virtual detailing platform Recent Change in Indian Pharma
  • 10. Evolution of focus for IPM…
  • 11. Organizational change in pharma, refers to the actions in which a business alters a major component of its organization, such as  Culture & Values  Business/ Portfolio focus  Customer, Employee engagement & Patient service  Product promotion/ Technologies  Distribution process What & Why of change? What? Why?  keep abreast with current market trends (Customer calling)  Predictability of business transitions  Business efficiency  Sustainability  Give competitive advantage  Employee motivation, moral & skill  Market & Shareholders admiration
  • 12. Challenges to bring change… 1. Frequent changes in regulatory & compliance norms 2. Rising cost of working capital 3. Fast changing technology as well as customer needs 4. Strong priority towards revenue/ sales number 5. Feeling of insecurity at leadership space 6. Mind-set of higher management towards newer technology 7. Rare orientation towards experimentation & innovation 8. Fear of failure 9. Lack of project management skill among the leadership team
  • 13. 1. Root Cause Analysis is the foundation of change request 2. Clearly state your vision for the future 3. Set short-term goals 4. Start at the top 5. Ask employees what they think 6. Stay on top of resistance 7. Create new communication channels 8. Become an early adopter 9. Have patience How do you ensure successful organizational change ?
  • 14. How do you manage change in todays fast paced business environment ?  A sharp business intelligence team in place  Technology like AI, machine learning & big data  Effective tracking and monitoring systems  Creating a dedicated project management team comprises of experienced staff  Reward and recognition for the implementers & administrative team  Collaborations with allied industries, & law maker, stake holders including educational institute like IIT & IIM (Project basis)
  • 15. How are companies changing their strategies to compete in a new business environment ? 1) Collaborative Product Promotion approach 2) Shift in Customer focus GP Focus Speciality Focus 3) Collaboration with strong technology leaders 4) Tie-ups with Research institutes 5) Disruptive distribution channels
  • 16. What is the most important key to the successful organizational change ? • Incentivise the smart implementers • Support the back runners • Share the success stories • Setting of timely milestones • Technology & Tool to measure outcomes • Involve tech consultants/ partners • Support the leadership team with workshops and educational tools • Mentoring support for leadership team • Training on design thinking • Change management & project management • MBO Approach • Creation of a dedicated project management team • Proper Root Cause analysis, RCA • Design Thinking tool in place • Toolkits to create, Goal setting & measurement matrix in place • Budget • Staff • Time line Planning before Change Support to Leadership Rewards & Recognitions Effective Measurement systems/ Technology
  • 17. Key take home Sir please put your points …
  • 18. "The price of doing the same old thing is far higher than the price of change.“ Bill Clinton.