The global pricing team of an F500 life science firm wanted to innovate upon any outdated standard processes related to pricing and sought right-fit expertise to assess, support, justify, or futureproof pricing recommendations to attain better business development deals, improve governance, and generally position for success. This 3-phase project would assess capabilities and create a roadmap for an upcoming org-wide transformation.
Business Talent Group (BTG) deployed a team of two consultants: a former McKinsey consultant and pharma executive with deep experience in pricing and access, and a seasoned life sciences consultant with significant in-house experience at leading biotech, pharma, and healthcare companies who specializes in commercial ops, organizational design, and operational effectiveness. The pair assessed the existing org structure and its processes, created a template for insight generation, mapped performance across capability domains (organization, processes, tools, and competencies) and provided recommendations and options to improve and enhance the org design and its overall effectiveness.