Job Description

Job Title: SBU Head - IncaJob SummarySBU 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.AccountabilityMAJOR ACCOUNTABILITIESTIME SPLITSUB-ACCOUNTABILITIESFinancialAccountabilities20%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 Objective10%

• SBU/ Brand Market share Gain/ SBU or Brand growth Vs PM growth

Prescription Progress10%

• Y-o-Y increase in Rx

Weak State Market Share5%

• 115% of field budget or MS to improve by 1%

Brand Management10%

• Implementation of the marketing plan. Drive Digital initiatives & Incremental Innovations

NDAC / KOL Engagement10%

• Meet the NDAC/ KOL at least once in a quarter

Innovation / new ideas5%

• New business ideas for sales/brands/ marketing practices etc.

Key Decisions and Authority Limits

• Decision regarding allocation of budgets for direct investment brands
• Decision on the strategy for the increase in the market share of the product in terms of IMS ranking and prescriptions
• Decide on pricing and placement of product
• Decision regarding the quality and productivity of people
• Optimal decision making (as opposed to reactive, stop-gap decisions which then become precedents)
• Decision regarding succession plans for the key positions within the group
• Decision on implementation of Innovative ideas, special campaigns, and price pack changes
• Decisions related to Digital Marketing initiatives
• Decision regarding the division's marketing strategies & implementation timelines to achieve healthy cash flow, margins, growth & market share (sales & prescriptions)
• Decision on expense & revenue budgets
• Resource pooling plan within the cluster
• Target setting for territories, Areas, Regions, Zones
• Brand portfolio managementxe2x80xa6Identification of key brands & new introductions
• Identification of potential candidates for acquisition
• Decision on implementation of Innovative ideas, special campaigns, and price pack changes
• KOL management
• Decision regarding succession plans for the key positions within the group
• Decisions related to Digital Marketing initiatives
• Pro-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 brands
• Decision on the strategy for the increase in the market share of the product in terms of IMS ranking and prescriptions
• Decide on pricing and placement of product
• Decision regarding the quality and productivity of people
• Optimal decision making (as opposed to reactive, stop-gap decisions which then become precedents)
• Decision regarding succession plans for the key positions within the group
• Decision on implementation of Innovative ideas, special campaigns, and price pack changes
• Decisions related to Digital Marketing initiatives
• Decision regarding the division's marketing strategies & implementation timelines to achieve healthy cash flow, margins, growth & market share (sales & prescriptions)
• Decision on expense & revenue budgets
• Resource pooling plan within the cluster
• Target setting for territories, Areas, Regions, Zones
• Brand portfolio managementxe2x80xa6Identification of key brands & new introductions
• Identification of potential candidates for acquisition
• Decision on implementation of Innovative ideas, special campaigns, and price pack changes
• KOL management
• Decision regarding succession plans for the key positions within the group
• Decisions related to Digital Marketing initiatives
• Pro-activeness & consistency in the decision-making process
• Decisions 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 them
• Perform 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 business
• Make recommendations to Top Management for the acquisition of new companies and products
• Influence highly intellectual people/ Doctors about products and therapies
• Build relationships and develop loyalty with senior customers and decision-makers
• Establish & implement Business Processes and systems
• Generate healthy cash flow & margins
• Deliver growth

market growth * To be among the top 3 brands in every brand category

• Competitor analysis: Knowing the competition at each step, anticipating their strategies & work proactively to have an upper edge
• Consistent achievement of high productivity & incremental productivity
• Channelize expenses towards the right brands, campaigns, customers, and terrs for high ROI
• Achieve scale quickly with new introductions.
• Achieve consistency in performance- Both earnings & savings
• Generate prescriptions from every customer
• Ensure that at least 80% of the field force achieves targets & earns incentives
• Resource pooling within the cluster
• High accountability: To build a team of consistent performers & weed out the inconsistent ones
• Mentoring process to create a new set of leaders
• Time-bound executions of strategies
• Excellent 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 assignments
• Alignment 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 KPIsSl. No.Key Result AreasKey Performance IndicatorsA. Financial Objective1Revenue Generation[%] Achievement of Targets2Key Brands/ Portfolios[%] Achievement of target agreed at the beginning of the financial year3Profitability as per Profit & Loss (P&L) Statement[%] of the net profit recorded vis-a-vis targetB. Market Share and Growth4.SBU/Brand Market share Gain
SBU or Brand growth vs PM growth * Absolute IncreaseC. Prescription Progress:5.Prescriptions Received Vs previous year/ period * Absolute increaseD. Territory Development:6.Weak States: Increase of field budget or Market Share * Absolute improvement in Market Share7.Low PMPM Territory: Improve PMPM by 80% of previous year * Incremental PMPME. BRAND DEVELOPMENT8.Digital initiatives & Incremental InnovationsF. NDAC / KOL Engagement9.Meet NDAC/ KOLAt least once a yearG. Innovation / New ideas10.Innovation & New IdeasMS%, Rx share, sales, efficiency or savings or people related, etc.Education, skills and relevant experience

• MBA / similar/ equivalent professional qualification
• Science graduation (preferable)

• Leadership & people management skills
• Strong influencing and interpersonal skill. Collaboration Skills
• Strategic thinking with superior business acumen
• Ability to manage large business and complex geographies is essential for this role.
• Ability to manage teams
• 15+ years of experience in Marketing & Sales
• Should have handled similar P&L role or if internal promoted then either marketing head or sales head with relevant exposure

Sun Pharmaceutical Industries