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This updated Best Practices, LLC research was undertaken to understand how leading pharmaceutical companies approach KOL management. It examines the organizational structures, management strategies, activities, tools and tactics associated with KOL management excellence. Research findings provide industry metrics that can serve as a reference point for companies to improve their KOL management tactics.
Best Practices, LLC engaged 22 KOL management leaders at 17 companies through a benchmarking survey instrument. In addition, research analysts conducted deep-dive executive interviews with selected respondents to collect qualitative data and insights.
Leadership and Structure: KOL engagement continues to be led at a director level or above at 59% of companies. However, the percentage of companies where managers oversee KOL management has doubled from 2012 to 2014. In 2014, more than 4 out of 10 companies prefer a limited hybrid structure where a single group -- preferably Medical Affairs -- leads KOL management and supporting teams are linked with KOLs via communications and initiatives. Still, regional differences have led to more companies opting for a fully hybrid structure.
Participating Companies pp. 4-5
Definitions pp. 6
Key Findings pp. 7-9
KOL Relationship Structure & Staffing pp. 10-19
KOL Management Approaches & Tactics pp. 20-36
Use of Social Media for KOL Management pp. 37-43
Evaluating KOL Relationships & Value pp. 44-47
Companies Successful at KOL Management pp. 48-51
Lessons Learned pp. 52-57
Universe of Learning pp. 58-64
Appendix pp. 65-68
About Best Practices, LLC pp. 69