Addressing Complexity in R&D Contracting

January 10, 2015 Leah Hoffmann

As a global pharma company grew, so too did the complexity of its R&D contracting needs. Demand from R&D was straining current processes, and internal teams were struggling to avoid delays while managing multiple stakeholders and fulfilling all process requirements. Internal work had identified several issues, but no clear resolutions. The head of R&D Business Operations turned to Business Talent Group.

Our consultant—a Bioengineering PhD and former Sr. Engagement Manager at McKinsey—began by helping the company synthesize likely root causes of the strain, working with stakeholders from legal, compliance, procurement, and R&D. Then he developed a short-term remediation plan to address key pain points, identifying performance metrics and suggesting process changes.

 

Previous Article
Implementing Range-Based Forecasting
Implementing Range-Based Forecasting

A F500 pharma company’s pricing group was moving from point to range based forecasting. As the team began t...

Next Article
Indication Prioritization
Indication Prioritization

The VP of Global Marketing at a F200 pharma company was reviewing a promising drug about to enter Phase II ...

Get our free guide to working with on-demand talent.

Read Now