Executive Director, Product Strategy Lead - CML

This position will be located at the East Hanover, NJ site and will not have the ability to be located remotely. This role will require 20% travel as defined by the business (domestic and/or international).

About the Role

The Executive Director, Product Strategy Lead (PSL) will lead the creation, implementation, orchestration, and measurement of the integrated product strategies for an indication of a product within a given therapeutic area in the US, under the leadership of a General Manager for the Product or Portfolio. This individual will contribute to key decision-making for maximizing the impact of the product while actively managing resource allocation across multiple teams and functions in consultation with Marketing, Sales, Novartis Patient Support, Market Access, Insights and Decision Science, and Medical about their respective strategies, plans, and proposed resourcing.

This leader will impact Novartis’ legacy by accelerating impact for the product while leading through a business-critical transformation. The role will contribute to the management of the full P&L for the assigned product, under the final leadership of the General Manager, and will partner closely with functional heads for decision-making on resource allocation to deliver accelerated impact. This leader will be a key member of the General Manager team in the Integrated Product Strategy Organization and is expected to demonstrate accountability for the assigned product or indication, as well as broader enterprise leadership.

This leader has a passion for transformational enterprise leadership, decisive strategy in service of delivering higher impact for patients, customers, and healthcare systems with higher quality, speed, and agility. Additionally, this leader will ensure customer engagement and relationship building are factored into the product/indication’s strategic approach and performance metrics to optimize outcomes and identify potential areas of risk.

Responsibilities

• Define critical and specific integrated priorities and key impact measures for the assigned product/indication in consultation with the cross-functional product strategy team under the final leadership of the General Manager.
• Integrate, lead, measure, and take decisive action against the KPIs on the integrated product strategy to raise impact for the product.
• Make a significant contribution to the P&L of a product/indication while enabling partner functions to manage day-to-day resource allocation.
• Drive topline results as an outcome of strategic choices.
• Contribute to integrated cross-functional resource allocation to deliver the highest impact.
• Establish and coordinate management of KPIs across all functions accountable for the integrated product strategy.
• Appropriately partner with functional heads in trade-off decisions.
• Partner with other General Managers and members of the Product Strategy team for enterprise decisions, including potential trade-offs between products/indications.

Requirements

• Bachelor’s Degree (MBA preferred).
• 10+ years in pharmaceutical, biotech, healthcare, or healthcare consulting industry, including at least 2 different types of cross-functional roles/experience.
• 3+ years of direct responsibility for large budget management, including owning key product trade-off decisions.
• 3+ years leading and translating an integrated product strategy requiring global and local alignment.
• US market, launch, and product lifecycle stages experience, OR General Manager experience in other countries.

Preferred Qualifications

• Therapeutic area experience.
• US experience strongly preferred.
• Global or other country/region experience (projects, full-time roles, or temporary roles for 6 months or more).

Pay

The salary for this position is expected to range between $236,600.00 and $439,400.00 per year. The final salary offered is determined based on factors such as relevant skills and experience. Upon joining Novartis, salary will be reviewed periodically. Novartis may change the published salary range based on company and market factors.

Your compensation will include a performance-based cash incentive and, depending on the level of the role, eligibility to be considered for annual equity awards.

Benefits

US-based eligible employees will receive a comprehensive benefits package that includes:

• Health, life, and disability benefits.
• A 401(k) with company contribution and match.
• A variety of other benefits.
• A generous time off package including vacation, personal days, holidays, and other leaves.