Professional Documents
Culture Documents
GSK
Submitted to:-
CHITKARA COLLEGE OF SALES AND MARKETING
in partial fulfillment of the requirements from the award of degree of
MASTER OF BUSINESS ADMINISTRATION
In Pharmaceutical sales and Marketing
Submitted by:- Supervised by:-
ASEEM
Rollno:- 1925981515 ----------------------
1
This is to certify that the project titled “_____CAPSTONE REPORT-2____” carried out by
Mr./Ms.____ASEEM__ (student name), S/o or D/o___VINAY SHARMA___ (Father’s
Name) has been accomplished under my guidance & supervision as a duly registered MBA
student of Chitkara University. This project is being submitted by him/her in the partial
fulfillment of the requirements for the award of the Master of Business Administration from
Chitkara University.
His dissertation represents his original work and is worthy of consideration for the award of
the degree of Master of Business Administration.
(University Supervisor)
DECLARATION
2
I, "______ASEEM__________________________”, hereby declare that the work presented
herein is genuine work done originally by me and has not been published or submitted
elsewhere. Any literature, data or work done by others and cited in the report has been given
due acknowledgement and listed in the reference section.
ASEEM
_______________________
Date: __________________
ACKNOWLEDGEMENT
3
I would like to express my special thanks of my gratitude to the
university for giving me this opportunity. This has been a great
journey so far.
4
Executive summary
This is an attempt to know how the theories can be applied to a practical situation.
As a student of the Chitkara university it is a part of the course for the everyone to
undergo this capstone at some good organization .So for this purpose I got the
opportunity as internship as a medical business associate at GSK with fortiori
division.
5
Table of contents:-
I. Introduction to the Company:
6
V. Key Leanings from on the Job experience
Learning regarding Planning & Decision Making
Market Research & New Product Development
Consumer Behavior & Branding
Learning regarding Marketing & Promotions (ATL & BTL Activities)
Learning regarding Visual Merchandising
Learning regarding Inventory Management
Learning regarding Customer feedback & Grievance Handling
Learning from any critical incident faced during job
VI. Conclusion
7
1. A GLANCE TO THE COMPANY
Pharmaceutical medicines
Vaccines
Consumer healthcare products
8
1.1 EXECUTIVES BUSINESS MODEL
Prior to becoming Chief Executive Officer, Emma was the CEO of GSK Consumer
Healthcare, a Joint Venture between GSK and Novartis, from its creation in March
2015, and has been a member of GSK’s Corporate Executive Team since 2011. She
joined GSK in 2010, with responsibility for Consumer Healthcare, Europe.
Before joining GSK in 2010, Emma worked with L’Oreal for 17 years where she held
a variety of marketing and general management roles in Paris, London and New York.
From 2007 she was based in Shanghai as General Manager, Consumer Products for
L’Oreal China.
Emma joined the Microsoft board as an independent director in December 2019. She
was a Non-Executive Director of Diageo plc from January to September 2016.
Emma was appointed Dame (DBE) for services to the pharmaceutical industry and
business in the 2020 British Honours.
9
MANAGING DIECTOR OF INDIA
Sridhar Venkatesh
Sridhar is a senior business leader with more than 24 years of diverse experience in
pharmaceuticals & healthcare and has a strong track record of success in multiple
roles within GSK.
Sridhar began his career with Eli Lilly and then moved to Pfizer and held increasingly
senior roles including the role of Senior Director, Business Development (Asia) for
Pfizer, before joining GSK. Sridhar is a Registered Pharmacist, with a Master’s in
Pharmacy (Pharmaceutical Marketing).
10
1.2 TURNOVER
In India, they are one of the market leaders with a turnover of Rs 2,520.2
crore (US$ 402.37 million).
11
Profit & Loss - GlaxoSmithKline Pharmaceuticals Ltd.
12
1.3 COMPETITIVE ANALYSIS
13
As a MNC GSK biggest competitor is the generic market. As GSK promotiong their
top brand like Augmentin But still right now there were 300+ amoxyclav are available
which are of the totally generic markets and they are selling at a very cheaper price.
So in my context every MNCs right now in INDIA is fighting with the generic
market.
1) Antiinfectives therapy.
AUGMENTIN
CEFTUM
SUPACEF
14
ZYLORIC
2.Vaccines.
BOOSTRIX
HAVRIX
CERVARIX
PRIORIX
ROTARIX
3.Harmonal imbalance.
ELTROXIN
15
Partnering India to eliminate Lymphatic Filariasis (LF)
On January 2012, we joined other global pharmaceutical companies and leading
organisations, including the World Health Organisation (WHO) and the World Bank,
in a new united effort to support countries to defeat Neglected Tropical Diseases
(NTDs). Together, this coalition supports the goals set out by WHO to control or
eliminate 10 of the 17 NTDs by 2020.
The LF elimination strategy has two components: (1) to stop the spread of infection
(interrupting transmission); and (2) to alleviate the suffering of affected populations
(controlling morbidity).
Child nutrition
There is a global momentum for improving nutrition and countries have made
important strides in scaling up nutrition programmes in pursuit of the Sustainable
Development Goals (SDGs), including Goal 2 - 'To end hunger and all forms of
malnutrition' by 2030. The National Urban Health Mission (NUHM) proposes to
address the healthcare needs of the rapidly growing urban population, with a focus on
the disadvantaged and vulnerable sections. It emphasises on building local capacity
and engaging communities for improving demand for healthcare, thereby enhancing
delivery of healthcare and building public-private partnerships to enhance quality of
care.
16
GSK has built partnerships to implement an integrated approach to tackle child
nutrition in Mumbai, Maharashtra in partnership with SNEHA. The main objective of
SNEHA Centre, supported by GSK, is to improve the nutritional status of married
women at pre and post conception and after delivery and of children aged 0-6 years in
vulnerable communities in Mankhurd area of M/E ward, Mumbai. The project focuses
on the first 1000 days of mother and childcare. This project addresses healthcare from
two sides - on the demand side, by attempting to create informed users of health
services who will expect higher quality; and on the supply side, by working with
public sector health providers (MCGM and ICDS) to improve the quality of health
services.
School sanitation
17
2. INTRODUCTION TO PARTICULAR DIVISION WHERE
INTERNSHIP IS UNDERGOING
As every company have their team leaders who always works like a engine in a train.
So we also have the same chain as MD->GM->RBM->ABM->MBA. We also have
HR department at various part of India like Banglore, Delhi,Mumbai etc. and in each
part they are handling their respective areas. We also have research & development at
Gurugram and Hyderabad which are very helpful for generating new peoducts
according to the market point of view.
We got the quarterly target means 4 quarters in the month . After getting the target we
organize a metting with our Area manager & other MBA plans that how we will
complete our target by planning Primary, Secondary, Transit etc. & check it every
week wheather we are on the same path that we planned at the start of month. We got
appraisal according to our performance & got Incentive on the basis of our internal
performance and the virtual meeting.
18
Every new Employee has to go for training in Mumbai or sometimes in Delhi, where
the traning & development centre is located. During the training period there are GSK
best trainers and also teach us various field related things .They all are the
experienced person. The training period is about 15-20 days. After completing the
training HE/SHE is eligible for the job. GSK also gives their MBA various courses
related to their personal development and also they always provide a platform from
where you can do various types of diplomas .
For promoting our product and to increase company business, we organize SPM”s,
We basically focuses on the scientific knowledge and the quality of the product that
we are giving to the patient. We provide the scientific academics material like the
books,journals,latest articles etc etc. We mostly work on the digital platform and we
engage our doctor by showing some videos , sending emails and showing some slides.
In the sampleing part all the samples provided by the company are totally contact less
delivery by the courier .
19
3. JOB PROFILE
MY SERVICES TO MY ORGANIATIONS
I have joined GSK on 2nd of December 2019. I really feel very proud to share that, I
have been dealing with the no.1 division of GSK i.e. FORTIOR, in which we have
about 1300+ field force in every small part of the INDIA.I am dealing with the MASS
MARKET products like Augmentin,Calpol,Neosporin,Piriton and zental.
Discussing with the doctors the need of appropriate antibiotic and the diseases
which can be prevented by giving right antibiotic at right time.
20
Handling the territory sales of the FORTIOR by meeting atleast 11 doctors a
day and bringing out the Sales out of them.
21
3.3 KEY RESPONSIBILITIES
22
3.4 ACHIVEMENTS
23
5. KEY LEARNING FROM ON THE JOB EXPERIENCE
1. Sales and marketing practices-Creating a sales force that puts patient needs first in
our pharmaceutical company medical representatives around the world are no longer
having individual sales target and Our sales teams are listening to customers’ needs
and using the right GSK resources to help support the delivery of improved patient
care.GSK is ranked first for customers trust for the fourth year in a row and for
customer value for the third time.
24
From January 2016, we have stopped paying HCPs to speak to other prescribers about
our prescription medicines and vaccines.
We will continue to pay HCPs for providing services and for participating in our
clinical research.
GSK is also changing the way it supports medical education by no longer playing a
role in choosing which healthcare professionals are sponsored to attend scientific
congresses.
To provide information about our medicines and vaccines in the way HCPs want it,
when they want it, we are making significant investments in digital platform and
capabilities, as well as in our in-house medical capabilities.
Contact Management.
Flexible Security & Access Permissions.
Billing & Invoicing Functionality.
Data Reporting.
Mobile CRM including a Mobile App and Alerts.
Sales Performance Management.
If I talk about the working environment of the company it’s too good my collegues
and manager are too good and cooperative. Whenever I m in trouble I ask them and
my manager says me call him any time for any help or any problem.
We aim to create an inclusive, engaging working environment that encourages
employees to contribute and help us achieve our strategic business objectives. Key to
25
this is our investment in development, our approach to flexible working and our
innovative safety, health and well-being programmes.
GSK employee to feel engaged with their work and colleagues, and to understand the
impact they have on delivery of our business objectives and performance.
One must be flexible to join anywhere PAN India to explore different areas, people,
market, food and their living standards.
26
Capture Information During Each Customer Contact
Your savvy sales team likely already takes good notes any time
they talk to a customer, but with the right CRM software, it
becomes much simpler.
. Analyze Your Data to Define Your Target Audience
Sometimes the audience you imagine for your product or service
may be off-target, thus causing you to miss sales opportunities to
those prime customers you need. With a strong CRM platform and
strategy, you can appropriately analyze the massive amount of data
collected by your sales team for optimal results in learning
just who is your target audience. Amassed data often says a great
deal more about buying preferences than any human can predict.
Provide Customized Sales Messages
Your CRM gives you a global view of all of each customer’s
activity in your system. Whether checking your website via their
mobile or web browser or talking to a customer service
representative, you can tap into those interactions by providing a
customized sales message. These messages are directed to the
customer by name, and it may offer additional information or a
discount on a product that they recently searched. Such interactions
add a personal touch that can help to improve conversions from
browsers to buyers.
Offer Proactive Answers and Responses to Customer
Concerns
If you anticipate that customers may have questions about a
particular new product or service, reach out with some friendly and
proactive hints or ideas to either guide them in the right direction
on their own or to encourage them to reach out to your team. Such
specialized and thoughtful service makes your customers feel less
like a random sale and more like a valued customer.
Diligently Perform Updates to Your CRM
Your CRM software provider — no matter which one you may
choose — is continually working to improve their platform to help
27
you nurture vital customer relationships. Most of the time, you are
given several update options that serve to make your CRM
software deployment run securely and reliably. Monitor for update
alerts from your CRM software provider, or manually check their
website on a regular basis.
Reach Out to a Consulting Firm to Learn Additional CRM
Insights and Strategies
If you are still trying to learn how to get the most out of CRM, you
may also reach out to a firm like Infor consulting to gain a better
understanding of all that CRM software has to offer and how you
can tap into it.
One of the serious issue I have faced during the job is that how trading of
the medicines continuously eating up the market. As ,any companies tries
to clean up the pharma market but there are some PG companies,generic
comoanies who are using unethical practices with the doctors just to
28
generate the better business from the doctors . From this now I can easily
handle these type of dirty marets because noe know how to deal with
these.
29
6. CONCLUSION
From the various study of balance sheet, profit loss account and different ratios we
can conclude that company both short & long term financial health is in good
condition.
Thus from the above study we can say that company financial condition is optimum
and it is expected to rise in the future as company is expanding day by day with new
tie-ups.
Hence company future holds good & is expected to reach new heights in the future.
30
GSK can do prevention and awareness programs to widen the
knowledge about health of poor and rural people to and less
develop societies and invest on poor children’s education not
only science but also in every aspect to build their
sustainability.
As a reputed pharmaceutical company in the world they can
create medical knowledge through their FB page to distribute
awareness all round the world.
31
7. REFERENCES AND BIBLIOGRAPHY
https.//www.gskindia.com/
https://www.gsk.com
https://india-pharma.gsk.com
https://us.gsk.com
https://india-pharma.gsk.com/media/077221.jpg
http://supply-chain-case-studies.blogspot.com/2006/01/glaxo-smithkline-supply-
chain.html
32