Strategy Business Partner

Business Partner-Strategy

Company Description

Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.

We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries. 

For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).

‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable.  Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency

Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

Job Description

Job Summary
We are looking for experienced and dynamic Strategy Business Partner in driving strategic initiatives, fostering innovation, and ensuring the alignment of business objectives with the overall organizational strategy. This position requires a dynamic individual with a strong business acumen, exceptional analytical skills, and the ability to collaborate effectively with cross-functional teams. The Strategy Business Partner is responsible for providing strategic guidance, conducting in-depth analysis, and implementing actionable plans that drive long-term growth and sustainability.

Roles & Responsibilities

• You will be responsible to drive the development and communication of a comprehensive 5-year strategy for specific therapy areas, aligning resource allocation and budget decisions with the strategic plan, while ensuring periodic monitoring, reviews, and necessary course corrections to ensure alignment with therapy area mandates.
• You will be responsible to drive the successful execution of strategic initiatives within the vertical by identifying project scopes and objectives, establishing critical work streams, engaging stakeholders, implementing effective analytics and benchmarking practices, setting up an efficient project management for implementation.
• You will be responsible to ensure the achievement of business performance targets within the vertical by conducting comprehensive end-to-end business diagnostics and analytics. Provide actionable countermeasures to improve performance, support brand plans, conduct fieldwork for insights validation, execute primary market research, and deliver monthly outlook.
• You will be responsible to ensure the consistency, relevance, and availability of IMS data for planning by overseeing adequate representation of GG India in the IMS database, facilitating support from IMS on competitive intelligence and market insights, timely circulation of dashboards and files to commercial teams, and benchmarking IMS reflection trends with internal figures for necessary corrections
• You will be responsible to drive engagement with new stakeholders in the market to generate real-time data for sharper territory-level planning, define the scope of data utility, understand different data sources across agencies, design and execute pilots, implement process flows, data structures, and dashboards, and establish review and tracking mechanisms for seamless handover to the business team.
• You will be responsible to establish the baseline for strategy and budgeting work within GG India's Centre of Excellence (COE) by providing an outside-in perspective, conducting therapeutic area-wise heuristic analysis and market forecasts, generating organisation based forecasts, assessing risks over the forecast period, and developing bottom-up SKU-level volume-based forecasts.

Qualifications

Education Qualification– A graduate in Science/Pharmacy with MBA (either Marketing and Strategy)

Minimum Experience Required- 5-7 years of exposure in pharma/ strategy/ analytics

Skills & attributes – 
Technical Skills
• In-depth understanding of the pharma business models, sales & marketing process 
• Market trends analysis and implications
• Project/program management skills
• Business diagnostics
Behavioural Skills
• Excellent communication and interpersonal skills.
• Efficient Leader and a good collaborator.
• Good at building and leveraging relationship.
• Strong analytical and problem-solving abilities.
• Strong Decision making skills.

Additional Information

About the Department
Global Generics India
Global Generics India business journey began in 1986. In the last three decades, we have grown as a trusted name in the healthcare industry and rank as one of the top 10 Pharma Companies in the Indian Pharma Market (IPM) as per IQVIA MAT (November 2022). Our commitment to Lead Ahead has helped us move ranks from 16th position to 10th position (IPM) in the last four years. We are a fast-growing organisation with double-digit growth and significant market share in domestic markets. Currently, we rank among the top 5 in oncology, anti-allergy and gastrointestinal diseases and the top 10 in a few other therapy areas. Our focus is on leveraging our digital capabilities, collaborations, innovations and inorganic opportunities to become the top 5 companies in the Indian Pharma Market.

Benefits Offered
At Dr. Reddy’s we actively help to catalyse your career growth and professional development through personalised learning programs.
The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.

Our Work Culture
Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.
For more details, please visit our career website at https://careers.drreddys.com/#!/