Case study 12
How can we maximise the value of the main product seizing on latest market trends?
Company L had product portfolio in women’s health where patients were becoming more vocal about their treatment. The Company decided to invest in patient facing marketing, working closely with local medical associations. In addition, the Company invested in digital channels where patients were active. In implementing its innovative commercial strategy, the Company faced a lot of resistance from its own managers who had grown up in a traditional sales culture. The European management team worked closely with external consultants to ensure that the workforce embraced the new business model.