Commercial Strategy & Optimization Lead

Posted 16 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
175K-266K Annually
Senior level
Healthtech • Pharmaceutical
The Role
The Commercial Strategy & Optimization Lead is responsible for enhancing the effectiveness of the Commercial organization by developing and implementing strategies, improving sales processes, and collaborating with multiple stakeholders to drive commercial initiatives.
Summary Generated by Built In

**This position is a fully remote role; however, we do prefer someone on the east coast**

Position Summary:

The Commercial Strategy & Optimization Lead provides leadership and strategic guidance for key initiatives and activities designed to improve the effectiveness, efficiency and impact of the Commercial organization.  This role collaborates closely with all commercial leaders and functions (BD, Marketing, Proposals Development, Contracting), as well with members of our Clinical Solutions, Translational Science and other business areas.  This role partners with the Chief Commercial Officer to set and deploy commercial strategy and will play an important role in defining and driving projects across the organization. 

Essential functions of the job include but are not limited to:

  • Together with the CCO, spearheads the development and implementation of the annual and long-range Commercial strategy
  • Identifies opportunities to improve commercial impact – with a focus on filling the funnel and improving win rate – and leads the execution and implementation of associated initiatives
  • Partners with other Commercial and Operations team members to develop and deploy an effective framework for identifying, pursuing and securing preferred partnership opportunities
  • Identifies approaches to increase sale of bundled service/capabilities to new clients and expand the footprint of existing relationships
  • Maintains deep understanding of commercial, competitor, and regulatory landscapes, and the resultant impact on commercial strategy and operations
  • Identifies enhancements to reporting and tracking tools to aid in the identification of issues, opportunities and trends, and to inform commercial strategy and tactics
  • Actively engages in activities designed to fortify the Commercial team culture (townhalls, annual sales meetings, routine communications, etc.)
  • Collaborates with the CCO to drive the agenda and engagement of the Commercial Leadership Team

Qualifications:

Minimum Required:

  • Bachelor’s degree

Other Required:

  • Minimum of 10 years of prior CRO, biotech/pharma, or life sciences consulting experience with a strong focus on sales and marketing
  • Computer proficiency: Salesforce, MS Project, MS PPT, excel
  • Travel as required to manage and support business objectives (up to 35%)

Preferred:

  • MBA or MS

Skills:

  • Strong business acumen, including strategic planning and execution, project management, and process enhancement and design
  • Structured, hypothesis-driven problem-solving
  • Expert communication, interpersonal, and relationship-building capabilities
  • Strong executive presence and ability to project confidence without arrogance
  • Advanced sense of intellectual curiosity
  • Change management
  • Financial acumen
  • Confidentiality and ability to use judgment and discretion with sensitive company / employee information.

Competencies: 

  • Developing and deploying commercial strategy and tactics
  • Managing and/or overseeing management of multiple projects simultaneously
  • Moving from strategy to action, and ensuring new processes and tools take hold in an organization
  • Influencing colleagues and peers toward action without having direct line reporting authority
  • Collaborating with diverse stakeholders including partner organizations
  • Prioritizing and making trade-offs across a broad set of opportunities in order to maximize impact, while maintaining business focus and delivery
  • Balancing opportunity for greater process and structure with need to preserve a culture of agility and nimbleness required to effectively serve our clients
  • Natural inclination toward a client- and patient-centric mindset

Precision is required by law in some states or cities to include a reasonable estimate of the compensation range for this role. This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to: skill sets, experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Precision, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.  This role is also eligible for a discretionary annual bonus, health insurance, retirement savings benefits, life insurance and disability benefits, parental leave, and paid time off for sick leave and vacation, among other benefits.

Reasonable estimate of the current range

$175,000$266,000 USD

Any data provided as a part of this application will be stored in accordance with our Privacy Policy. For CA applicants, please also refer to our CA Privacy Notice.

Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law. © 2020 Precision Medicine Group, LLC

If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at [email protected].

It has come to our attention that some individuals or organizations are reaching out to job seekers and posing as potential employers presenting enticing employment offers. We want to emphasize that these offers are not associated with our company and may be fraudulent in nature. Please note that our organization will not extend a job offer without prior communication with our recruiting team, hiring managers and a formal interview process.

The Company
HQ: Bethseda, MD
396 Employees
On-site Workplace
Year Founded: 2012

What We Do

We founded Precision Medicine Group in 2012 because we believed there was a transformational opportunity to improve the process of bringing new drugs to market. It involves utilizing technology, data, and human expertise. It is a big challenge that requires diverse talents. Our model involves both nurturing and investing organically and acquiring capabilities that we do not have but critically need. Our core executive team is anchored to this model, building life science services that address fundamental changes in healthcare that are necessary for health and outcomes improvement.

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