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» Products & Services » » Sales and Marketing » Market Research

Benchmarks for the Pharmaceutical Market Research Function

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ID: 4686


Features:

Metrics, Graphics, Summary Matrix


Pages/Slides: 35


Published: Pre-2019


Delivery Format: Online PDF Document


 

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919-403-0251

  • STUDY OVERVIEW
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Study Overview

Pharmaceutical market research, commercial analysis and business research departments struggle to find the right balance between centralization across and within countries and decentralized or independent local control in both the funding sources and focus of the department. They also seek the ideal staffing mix to meet both strategic and tactical demands.

Key Topics and Metrics
By reviewing the 35 slides in this presentation, pharmaceutical market research leaders can learn how leading companies organize their market research departments for efficient operations. Specifically, the presentation includes over 50 benchmark metrics, some of which are in the following areas:
*Centralization preferences
*Strategic vs. tactical focus
*Line of organization (product support, franchise support, customer segment, etc.)
*Worldwide vs. U.S. research focus
*Impact of international affiliates on purchase decisions *Annual budgets and funding sources
*Employee headcount
*Required management skills
*Career path programs
*Regional focus of departments
*Distribution of employees within companies

Key Findings
*Market research departments are most commonly structured by therapeutic support areas.
*Focus tends to be more strategic than tactical.
*Less than half of the benchmark partners have clear career track progressions for market research employees.

Methodology
This study originated from a Business Excellence Board consulting project for a pharmaceutical client. A total of seven benchmark partners from the pharmaceutical industry were surveyed.


Industries Profiled:
Pharmaceutical; Medical Device; Health Care


Companies Profiled:
Abbott Laboratories; Eli Lilly and Company; AstraZeneca Pharmaceuticals; 3M Pharmaceuticals; Johnson & Johnson; Merck; Ortho Biotech

Browse Selected Pages
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Project Overview

Participating Companies

Sample Page 1

Sample Page 2

If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.