Research and Markets: Designing Effective Pharmaceutical Brand Teams: Structure, Governance, Performance and Operations Guide
DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/796747/designing_effectiv) has announced the addition of the "Designing Effective Pharmaceutical Brand Teams: Structure, Governance, Performance and Operations" report to their offering. Beyond a medication's clinical effectiveness, high-performing pharmaceutical or biotech company's brand teams are the engine behind commercialization and brand performance. This 69-slide study identifies key benchmarks and strategies for designing effective brand teams. The research provides pharmaceutical or biotech brand team leaders and product managers with benchmark metrics from 33 brands against which they can compare themselves and their organizations. Rich, qualitative insights are also included from many of these same brand team leaders and can be used to avoid common pitfalls in brand team management and governance. In addition to survey-based metrics, qualitative insights from interviews were derived in the following areas: * Brand Team Size * Functional Representation of Brand Team * Brand Team Leadership * Meeting Frequencies and Agendas * Accountability and Responsibilities (Governance & Decision Rights) * Brand Team Performance * Communications and Decision-Making KEY METRICS Each of the topic areas above has associated metrics, including: Brand Team Size Metrics: * Average and Median of Core and Extended Teams * Average Core & Extended Teams by Revenue Class * Average Core & Extended Teams by Product Age * Average Core & Extended Teams by Product Type (Specialty or Primary) * Average Core and Extended Teams by Type of Brand (Co-promoted or Regular)Meeting Frequencies and Agendas Functional Representation of Brand Team Metrics: * Percent of Companies with Various Functions on Core Brand Teams by Product Type * Percent of Companies with Various Functions on Extended Brand Teams by Product Type * Percent of Companies Where Function is on Core Team and/or Extended Team * Percent of Functions Represented through a Shared Services Model Brand Team Leadership Metrics: * Percent of Leaders by Functional Area * Percent of Leaders by Title/Level * Percent of Leaders by Function to Whom they Report * Percent of Leaders by Title to Whom they Report Meeting Frequency and Agendas Metrics: * Frequency of Meetings of Core and Extended Brand Teams * Percent of Meetings with Standing Agendas Accountability and Responsibility Metrics: * Percent of Brand Teams Accountable and/or Responsible for Various Activities * Percent of Brand Teams with Various Decision Review Bodies Brand Team Performance Metrics: * Percent of Brand Teams with Special Incentives Related to Brand Performance * Recent Average Product Growth Rates by Brand Team Incentive Structure * Percent of Brand Teams that Contribute to Performance Evaluations for Members * Top Three Performance Metrics Used to Monitor Brand Performance * Frequency of Communicating Brand Team Metrics Communications and Decision-Making Metrics: * Percent of Teams with Formal Process for Escalating/Resolving Conflicts * Percent of Brand Teams Using Various Decision Tools to Forge Consensus * Channel and Frequency for Communicating Brand Team Decisions Companies Mentioned: * Abbott * Bayer Schering AG * Cephalon * Merial * Inc. * Orchid * Alcon Laboratories * Eli Lilly * Amylin * Genentech * Baxter Healthcare * GlaxoSmithKline * Bayer * Johnson & Johnson * Biogen Idec * Novartis * Novo Nordisk * Purdue Pharma * Roche * Schwarz Pharmaceuticals * Shire * Stiefel * Takeda Pharmaceuticals * TAP * Wyeth Pharmaceuticals For more information visit http://www.researchandmarkets.com/research/796747/designing_effectiv. Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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