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MedicinMan Vol1Iss4
MedicinMan Vol1Iss4
~ FIELD
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TM
FORCE
DE VICES
E XCE L LE N CE
DIAGNOSTICS |
PHARMA
Vol. 1 Issue 4
MEDICAL
SURGICALS
November 2011
www.medicinman.net
Editorial
INSIDE MEDICINMAN
EDITORS PICK
SUCCESS STORY
AMLESH RANJANS FASCINATING RISE FROM MR TO ASSOC. DIRECTOR POWERED
BY EXCELLENCE AND VALUES.
HOT ON LINKEDIN: IS PHARMA TOO STEEPED IN TRADITIONS TO ATTRACT GEN-Y? HBR STUDY REVIEW: THE 7 TRAITS OF GREAT SALESPEOPLE INDIAN PHARMA - THE FUTURE IS HERE: REPORT ON THE PHARMA FUTURE KNOWLEDGE CONCLAVE. SALIL KALLIANPUR NO FIRE? DONT HIRE! WILLIAM FERNANDEZ ARE YOU SELLING DRUGS OR CREATING HEALTHCARE COMPANIES? HANNO WOLFRAM INDUCTION: OPPORTUNITY TO LEARN BY SEEING V. SRINIVASAN EMOTIONAL INTELLIGENCE - INSIGHT FOR BEGINNERS VIJAYA SHETTY
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MedicinMan wishes all its readers Success and Happinessboth Personal and Professional this Festive Season !
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My Success is My Responsibiliti
TM
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MedicinMan Academy
A One-Day Power-Packed Program to Fast-track Your Pharma Sales Career based on the best-selling books SuperVision for the SuperWiser Front-line Manager and HardKnocks for the GreenHorn A Career Development Program by:
Where: Bangalore When: January 2012 - 7th, 14th, 21st & 28th, (All Saturdays) Investment: ` 999/- per participant. Visit www.medicinman.net to register. First 25 to register will receive 1 Copy of SuperVision for the SuperWiser Front-line Manager and HardKnocks for the GreenHorn worth ` 1,398/- FREE!
E: anupsoans@medicinman.net
Hot on Linked
As seen on Indian Pharma Connection
I don't think the Gen Y is irreverent. They are merely opinionated and have strong viewpoints. They need to be heard. This is where Indian Pharma is lacking. They are treated as learners and trainees but they are definitely also a part of the target audience. They know how and where customers can be tapped. Devanshi Mayani Great ideas have not come from business schools but from the field. Many times we seniors turn a deaf ear to suggestions from the field or turn down saying its impractical. Thats the beginning of conflict and non-implementation of existing strategies. Every one needs to be heard. As we grow, we seniors should learn to be patient listeners. If you can listen to any rubbish from customers why not listen to suggestions from a junior? Sanjeev Deshpande You must also look at the status of an M.R. Till date they remain blue collared people (not even workmen). A whole list of responsibilities, dodgy Doctors, skinning chemists/stockists, unhealthy work culture, indifferent/inexperienced bosses, package not justifying the efforts required. Has anyone bothered to compare the growth pattern, social security of a M.R. with that of any Class 4 employee? Talking of Big degrees like MBA (available at every nook and corner), expecting, them to be reverent, agree to illogical strategies, work ethics, seems funny. Remember, this industry has no value for experience. The number of years experience as an M.R. has no value in the job market when he/she ,seeks a job change at 45years of age. All the Pharma companies want to sell their products, without promoting. Shekhar Kumar Prasad I am not Gen-Y but Gen-Y takes many things for granted. Agreed, they have graduated with B.Pharm or M.Pharm degrees but what is taught in classes and books is mere theory. Gen-O, (I am part of Gen-O) has hands-on knowledge plus that little thing called experience. Experience is not available in any book. And I do not see any reason why Gen-Y will not be respected; respect is not got but is earned. Please let not M.Pharms be on a high stool since what they are taught is only theory. Come with an open mind, absorb knowledge and rise in the field. Prem Goel Our Consultant, a brilliant person, who was a B. SC. then, (who went on to launch a pharma company later), had joined as MR in an MNC in early 1950s. He told that then a doctor had advised him once to quit the profession as it is not noble, guys smoke and take to drinks (a taboo then for a large part of the society). He also said that marriage proposals were difficult to come by. However, he had a passion for the field and was highly successful, working as consultant till age 78+. Later this very profession was to offer one of the finest salaries, chances of quicker growth (MR to VP/President or even MD). Why then has it turned almost a full circle? Definitely the Profession has lost zeal at MR level. Dr. Ulhas Ganu We should talk about MR only when the higher management is ready to take risks with new and innovative strategies. This would motivate an MR by getting him out of the boredom. If MRs dont get respect (as they seem to think) it is because they are unable to get the attention of the customer. This is because they use mundane selling tactics with no innovation. Why is there no innovation? Several Reasons. It is difficult to get out of ones comfort zone to try something new It is a risky proposition. We believe we should give only what our customers demand (even though customers themselves are often unaware of where they stand). Imitating other companies. Belief that we shouldnt give "Gyan" to our doctors, and much more. Dr. Shalini Ratan
Note: Comments have been paraphrased. Click on the commenters name to see Linkedin Profile
Visit Indian Pharma Connection on Linkedin for more such insightful discussions. Join MedicinMan on Linkedin: http://linkd.in/medicinman
PERSONALITY TRAITS
OF TOP SALESPEOPLE
Editors Note: Career development begins with awareness and progresses to self development, when an individual takes on the responsibility of improving himself by imbibing the qualities that lead to becoming a great salesperson. Read the full article in the Harvard Business Review: http://bit.ly/qsvXKY
Medical RepDoctor interaction should address these 3 scarcities to be effective. Promedik Algorithms are based on current research and simplifies diagnosis and treatment.
Promedik Algorithms are very effective in engaging the doctors attention in the shortest possible time by conveying clinically relevant scientific research. Promedik Algorithms also
make the task of a Medical Rep easier and interesting by giving him a clear picture of the disease management sequence and where his product fits in. Promedik Algorithms enhance the MR-Dr. interaction and takes it from the level of mere product detailing to the delivery of actionable research based Rx information.
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ACCESS TO THE
CLINIC IS LIMITED.
DECISION MAKING.
THE CRITICAL
DIFFERENCE IS BETWEEN DATA AND INSIGHTS. WE MAY SOMETIMES HAVE AN OVERLOAD OF DATA BUT A DEFICIT OF INSIGHTS. KNOWLEDGE OF THE CUSTOMER REQUIRES FACE-TOFACE INTERACTION. TECHNOLOGY THEREFORE, WILL AUGMENT THE SALES FORCE EFFORT AND NOT SUBSTITUTE IT.
by Amlesh Ranjan
You are on the move and largely on your own as your manager can be with you for only 2-3 days in a month. You are among the very few whose day-to-day work can actually make a difference to the health of the country and its people. I started as an MR in 1988, working mostly at Patna. I had the privilege of working with very supportive seniors, most of whom were legends in the pharma circle. Therefore, I learnt a lot at the very beginning of my career. West Bengal, in 1996, was my first area as a First Line Manager. Very soon, the realization dawned that Area Management is a complex and critical function in Pharma and possibly a primer for General Management. West-Bengal was followed by a year at Orissa and then five very successful years in Andhra Pradesh. In three years at Vizag, we had managed to create the No.1 team in the country. The Hyderabad stint gave me the experience of establishing a concept from pre-marketing to launch to development.
BECOMING A MEDICAL REPRESENTATIVE WAS NOT AN EASY DECISION FOR THE SON OF A
DOCTOR... MY FAMILY
MEMBERS AT MY HOME TOWN,
NAWA-
by Amlesh Ranjan
My growth and development did follow a certain path. Sharing my Success Mantra : (1) Stick to Ethics and stay with Basics (2) Keep Learning and help Develop (3) Innovation, the key imperative (4) Excellence, the only way (5) Get going, NOW!
LinkedinSight
Q. What are the Most Important KRAs for Second-line Managers in Pharma?
I. Sales (a) Total Sales of Rs. Mn. and a growth of % over previous year (b) Promoted Sales of Rs. Mn. and a growth of % over previous year (c) Mkt Sh% growth for the Total Region from % to % (d) Mkt Sh% growth on Priority portfolio (Regional) from % to % (e) Volume growth of % over previous year (f) New Product launches with Sales of Mn. in Year of Launch II. Profitability (a) Gross Profit Target of Rs. Mn. and GP Margin of % to Sales (b) Expenses at or under Rs. Mn and at % to Sales (c) Regional Contribution target of Rs. Mn a Contrib. Margin of % to Sales III. Productivity (a) Average Total Productivity Increase of % (b) Promoted Products Productivity Increase of % (c) SLSM will move from Quadrant to Quadrant (d) Movement from Quadrant 1* FLSMs: Reps: (e) Movement from Quadrant 2* FLSMs: Reps: (f) Movement from Quadrant 3* FLSMs: Reps: *The 3 quadrants pertain to the 3 Pillars- Results/ Activities/ Leadership Behaviors at each level in the hierarchy. Insight shared by Keith Pinto on Linkedin Group Pharma Trainers Forum. Keith Pinto is Sr. GMTraining and Management Development at GSK. IV. Rx Objectives (a) Total Rx Volume Increase (b) Promoted Products Rx Increase (c) Avg. Total Rx Value Increase (d) Avg. Promoted Products Rx Value Increase V. Regional management (a) No Bad Debts in The Region VI. Field Force Metrics (a) % Reps on target (b) % FLSMs on Target (c) Sales Calls per Day Average (d) % Customer Reach vs. Target (e) % Customer Coverage Frequency vs. target (f) % SLSM time on the field (g) % FLSM time on the field (h) % Rep time out of the field
Q. What are the 3 most important KRAs for second line managers in Healthcare?
A. The three important KRAs for second line Sales Staff in Health Care are: 1) Managers must at least once develop first hand contact / coverage by Drs., Healthcare Facilities, Newer emerging HC trends / Facilities in his / her territory. Periodic, Personal contact with key referring Doctors/ institutions as per his/her schedule calendar.
Insight shared by Dr. Dev Taneja on Linkedin group Indian Healthcare Industry. Dr. Taneja is VP - Planning, Systems and Strategy at Seven Hills Hospital, Mumbai
2) Periodic Mapping of Parent Hospital's Clinical Program Marketing share vis--vis main competitors in terms of revenues / volumes, Addition / Deletion of new Consultants, Addition / Deletion of technology and Addition / Deletion of additional space plus major partnerships and alliances. 3) Performance appraisal with respect to variance in business compared to target per clinical program assigned to Sales Manager by Dr., Areas, Corporate business, addition of new channel partners etc.
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Join MedicinMan on Linkedin here: http://linkd.in/medicinman Join MedicinMan on Linkedin here: http://linkd.in/
Attrition! Attrition! Attrition! People everywhere are blaming attrition for nonperformance. Attrition is prevalent
across industries including top organizations like Infosys. Pharmaceutical Industry, especially Sales and Marketing have been hit badly. Career oriented people are being offered choices by other industries like IT, Real Estate, Hospitality, Banking and Retailing. We must accept the fact that attrition is the order of the day and it is not likely to reduce in future. We can only reduce the impact of it by applying right HR policies in the organization. However Front-line Managers can also minimize the impact of Attrition through Right Selection, Recruitment and Interview Process to ensure Right Fit. Three important aspects must be considered while making recruitment policies:
Making the job ad too good to be true. Focusing on education, experience and other wastes of time. Listening, but not looking. Lets find someone just like me! Making personality a priority. Not reference checking. Losing the right candidate by not acting fast enough.
Taken from Performia Austrailia. Read more here
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What if pharma started shaping their markets inHanno Wolfram is MD stead of complaining and at Innov8 GmbH and Cowhat if pharma would deFounder at Pharmainstitut liver improved quality of Contact him at : life to those affected, inhanno@innov8.de stead of selling drugs? The history of pharma has seen many changes in company cultures, restrictive laws and regulations imposed, changes of approach and style, but one Cos like Wyeth and Sanofi Pasteur have, in collaboration with WHO and others, contributed thing has remained significantly to polio immunization globally. Ed unchanged even in 2011: it still is about ANY COMPANIES selling drugs. Whereas many other industries offer ARE STILL IN something different today: DRUG SELLING the car industry provides mobility, fashion industry MODE HERE- offers desirability etc.
.T
FORE DOCTORS CLOSE THEIR DOORS AND REPS ARE CONFRONTED WITH REJECTION.
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Despite the fact that many companies claim to be healthcare companies, their contribution is perceived as nothing but providing (undoubtedly helpful!) drugs. While so-
INDUCTION MUST
BE MADE A HAPPY OCCASION BY PAYING ATTENTION TO SMALL DETAILS LIKE PROVIDING BUSINESS CARDS ON THE FIRST DAY OF WORK.
V. Srinivasan has a rich experience in HR and Sales Administration in Pharma Companies, with over 200 published articles to his credit in India and abroad. He can be contacted at shridhar1956@ rediffmail.com,
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MRs must learn to use Emotions powerfully; like the Airtel ad where a grandson returns home & makes his father to re -connect with grandfather after years of separation. Ed.
Chironji Lal Khosla (first from left), often felt helpless about his place in life and society; this attitude changes dramatically over the course of the movie. Khosla Ka Ghosla. Movies are great entertainers as well as teachers, provided choices that all of us have to face and overcome in career and life. In the
If you are willing to read HardKnocks for the GreenHorn, it means you are willing to do whatever it takes to build your career. - K. Hariram, Managing Director, Galderma
Rs. 799/-
SuperVision for the SuperWiser Manager is a must for frontline managers of every pharma company. It is tailor-made to transform Medical Reps to leadership positions.
Akshya Mahapatra, HeadSales and Marketing, Glenmark Pharmaceuticals
To place your orders or find out more about Career Development Programs :
E: anupsoans@medicinman.net M: +91 934 2232 949
EXECUTIVE TEAM
EDITOR Anup Soans EXECUTIVE EDITOR Joshua Soans COO Arvind Nair ADVISORY BOARD Prof. Vivek Hattangadi Jolly Mathews EDITORIAL BOARD Shashin Bodawala Salil Kallianpur
Book Review: Using Information Value Additions to Therapy to Put Patients First Our Editorial Board
ten book that seeks to put the Patient First. According to Dr, Shalini Ratan, another pioneer in putting patients first, It is estimated that over 70% patients leave the doctors cabin without fully understanding the treatment leading to poor compliance. Pharma companies would do well to widely circulate Using Information Therapy to Put Patients First instead of using devious ways of increasing prescriptions. Informed patient is a compliant patient. Using Information Therapy to Put Patients First is a must read for all pharma sales and marketing professionals to gain insight and develop empathy for patients leading to better quality interaction with doctors. This is one Diwali gift that will light up the world of patient education with brightness that it rightly deserves. Vardarajan S is GM - Strategy Mgt & Ops Excellence at Merck. He began his career as a Medical Rep with Searle and has a very distinguished career and varied track record with Upjohn, Rhone Poulenc, Pfizer and Novo Nordisk. Vardarajans stint with IMS has given him a deep insight into healthcare industry. Dr. Mandar Kubal M.D is a Fellow of Infectious Diseases Society of India and American College of Chest Physicians. He is the Chief of Infectious Diseases at several hospitals in Mumbai and is attached to renowned hospitals including Fortis. Dr. Kubal enjoys interacting with Medical Reps has done interesting surveys on various aspects of a Medical Reps work.
In an era when the focus is Dr. Shalini Ratan shifting to delighting the PaPrabhakar Shetty tient, it is surprising that there are not many handy resources to understand patient aspirations and bridge the vital gap. CONSULTANTS Dr. Anirudha Malpani and his editor Rohan Pasricha have Amit Shekhar done a brilliant job in bridging this gap with their well writSend your queries, comments and feedback to: E: anupsoans@medicinman.net M:
+91 934 2232 949
E: arvindnair@medicinman.net M:
+91 987 020 1422
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Published and Printed for MedicinMan by Joshua Soans at 22 North Road, Cooke Town, Bangalore84