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25BMR




Products & Services

Managing Cross-Functional Teams for Pharmaceutical Product Commercialization Excellence

ID: HR-63


Features:

30 Info Graphics

18 Data Graphics

35+ Narratives

70+ Best Practices


Pages: 111


Published: Pre-2014


Delivery Format: Shipped


 

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Single User: Authorizes use by the person who places the order or for whom the order was placed.

Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.

Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.




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  • STUDY OVERVIEW
  • BENCHMARK CLASS
  • STUDY SNAPSHOT
  • KEY FINDINGS
  • VIEW TOC AND LIST OF EXHIBITS
The most comprehensive resource allocation system and the best econometric model will still produce sub-optimal results if key managers and personnel do not work together across functions, especially during product commercialization. It is proven that process-oriented enterprises achieve superior operating results by continuously fostering collaborative behavior to optimize productivity and efficiency.

Best Practices, LLC gathered valuable best practices and operating tactics that will help executives build and manage strong teams that can excel across functions, units and regions.

Cross-function collaboration is greatly improved through many methods including: structuring jobs with overlapping responsibilities, basing rewards on group performance, designing procedures so that employees with different jobs are better able to collaborate, and laying out work areas so that people can see one another’s work and share lessons learned.

This benchmarking report highlights the following areas of cross-functional team management:

    • Cross-Functional Team Structures
    • Collaboration and Productivity Processes
    • People Management
    • Decision-Making Processes
    • Communication and Collaboration
    • Resource Allocation

For more information download the complimentary report summary by clicking "Download Free Excerpt" in the top right box.

Industries Profiled:
Medical Device; Pharmaceutical; Biotech; Health Care; Diagnostic; Manufacturing; Consumer Products; Chemical; Electronics; Telecommunications; Shipping; Financial Services; Automobile; Computer Hardware; Computers; High Tech; Research; Service; Insurance


Companies Profiled:
3M Pharmaceuticals; Sanofi-aventis; aaiPharma; Amgen; Abbott; Alexion Pharmaceuticals; Allergan; AstraZeneca; Bayer; Boehringer Ingelheim; Bristol-Myers Squibb; Cardinal Health; DSM Pharmaceutical; Eli Lilly and Company; Genentech; GlaxoSmithKline; Johnson & Johnson; Janssen; Merck; Novartis; Novo Nordisk; Organon; Ortho Biotech; Pfizer; Procter & Gamble; Roche; Schering-Plough; Arrow Electronics; Inc.; Aliant Telecom; Centocor; Dow Chemical; DuPont; Federal Express; GE Money; General Motors; Hewlett-Packard; IBM; LexisNexis; Marriott; MetLife; Motorola; NCR; Penn National Insurance; PepsiCo; Texas Instruments; Towers Perrin; Xerox; Zurich North American

Study Snapshot

Organizations of all sizes wrestle with the common challenge of cross-functional team management. Simply put, "How can we work most effectively across functions, brand teams, units and geographies?" The answer to this question is composed of many small lessons learned regarding cross-unit coordination, collaboration and sharing. Leadership plays a crucial role in setting team direction and planting cultural seeds that affirm "boundaryless" values such as collaboration and sharing across brands, functions and country units. Field research identified additional success elements, including training, coaching, linked goals, talent selection and other performance factors, all of which will be discussed in this report.

Key Findings

Management across functions is crucial for new product development and commercialization to ensure seemless product rollout and rapid market uptake.
Creating an effective launch team is imperative to ensuring the success of a new product’s launch. A product’s launch relies heavily on the success of the team behind it. Top benchmark companies ensure that they create effective, cross-functional teams that will ultimately drive sales and rapid uptake of a new product.
To develop these highly successful teams, managers involve key launch stakeholders early in development and ensure appropriate communications between team members. Benchmark companies use co-location, cross-functional teams and global marketing support to create winning launch teams. ...read more in the downloadable Report Summary (click "Download Free Excerpt" in top right box)


Enrich cross-functional teams by including internal and external thought leaders to shape new products.
Thought leaders are the compasses to commercial insights. However, in the past, many companies note they have not fully utilized these experts to help shape new products. Rather they were employed primarily to review protocols or to offer feedback on project plans that were already deeply engrained and entrenched. Increasingly, though, benchmark partners described ongoing efforts to use advisory panels and focus groups to understand market requirements for success. As one marketing director reflected: "Traditionally we said, 'Here’s a product, what do you think we should do?' instead of saying 'Here’s our plan, what do you think?'” ...read more in the downloadable Report Summary (click "Download Free Excerpt" in top right box)


Develop clear roles and responsibilities to increase performance and facilitate the cross-functional integration process.
In many respects, the alchemy for success is the ability of individuals and teams to build bridges across functions. Facilitation, negotiation and collaboration are critical skills that enable the many stakeholders to marry technical and market perspectives in their project and therefore to develop a new product that serves an unmet consumer need. Consequently, benchmark partners repeatedly identified these diplomatic skills as hallmarks of high-performing cross-functional teams.
In the pharmaceutical product commercialization process, the synergy between different skill sets and characteristics of people touching a product from the early development stage to launch is so important. Ironically, many of the traditional skills valued in marketers who support products near launch or after launch are peripheral to early-stage success. Consequently, several savvy marketing heads said the marketing managers they recruit and cultivate for early-stage roles are different types than those they seek for roles on launch teams or to support in-line products. ...read more in the downloadable Report Summary (click "Download Free Excerpt" in top right box)

Table of Contents

Executive Summary

Chapter One: Building Effective Cross-Functional Team Structures
    • Team Structures For Successful Product Launches
    • Organizational Approaches to Cross-Functional Performance Excellence
    • Co-Location Strategies for Cross-Functional Teams
    • Early Involvement of Cross-Functional Teams
    • Product Team Cross-Functional Models
    • Team Member Selection
    • Reaching Global Market Success
    • Ongoing Marketing Activities on the Product Team
    • Collaboration with Market Research and Competitive Intelligence Functions

Chapter Two: Team Processes that Foster Collaboration and Productivity
    • Key Management Factors for Collaboration
    • Process Design That Embeds Collaboration Catalysts
    • Thought Leader Involvement
    • Marketing Insights for the Delivery Systems Development Cycle

Chapter Three: People Management for Effective Cross-Functional Teams
    • Roles and Responsibilities For Cross-Functional Teams
    • Developing and Empowering Employees
    • Incentives and Supporting Activities That Foster Collaborative Behavior
    • Marketing Contributions To Delivery System Development

Chapter Four: Decision-Making Processes That Optimize Cross-Function Productivity
    • Strategy Alignment and Financial Analysis
    • Structured Decision-Making Processes

Chapter Five: Communication and Collaboration
    • Team Communication Tactics
    • Characteristics of Cross-Functional Team Leaders

Chapter Six: Resource Allocation Best Practices
    • Investment Trends in New Product Development
    • Effective Staff Allocation During Product Commercialization