Portfolio Strategy and Management©
Portfolio Strategy and Management ("PSM") is an intense two-day workshop exclusively for more experienced pharmaceutical executives and managers, including those involved in portfolio resource management and decision-making. Participants are assigned to be part of an executive team of a hypothetical pharmaceutical company. As team members, they evaluate their own portfolio and the portfolios of other (actual) leading competitive companies, learning to look at the total portfolio's opportunity and to formulate strategies for further investment and development. On the second day, participants are assigned to specific business units in this company. Teams apply similar processes of portfolio analysis to their assigned business units, and from this analysis formulate business unit portfolio strategies for the coming one to three years. In the final session, Business Unit teams present their Business Unit portfolio with review and critique by an Executive Board.
Learning Objectives:
- Evaluate a business portfolio to determine overall feasibility at both the corporate and business unit levels
- Enable experienced marketers to make better R&D and commercial investment and resource commitment choices across the portfolio and within business units
- Better anticipate competition's willingness to invest in competitive product lines or business units
- Learn to ask more strategic questions about the portfolio, leading to better business decision-making
Audience: Executives & Sr. Mgrs, Bus. Unit Heads, Bus. Dev. Mgrs, R&D Portfolio Mgrs & Executives
Level: Advanced
Duration: 2 days