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Launch Excellence A4 4pp - IMS Consulting

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<strong>IMS</strong> <strong>Launch</strong> <strong>Excellence</strong><br />

ENSURING BEST-IN-CLASS LAUNCH DIAGNOSTICS, PLANNING AND TRACKING<br />

In a world of patent cliffs<br />

and declining R&D<br />

productivity, optimizing<br />

the performance of every<br />

product launch is more<br />

important than ever.<br />

With new launches contributing less to value<br />

growth, major shifts in stakeholder influence,<br />

and only a few short weeks to establish a<br />

critical share of the dynamic market, the<br />

challenges have never been greater.<br />

Today, less than 1% of newly launched brands<br />

outperform in the key dimensions of market<br />

dominance, promotional effectiveness and<br />

opportunity maximization 1 . Lack of alignment<br />

across functions and geographies, slow<br />

mobilization of internal resources, and<br />

inconsistent definition and monitoring of<br />

success can impede even the best of new<br />

innovations. Yet with the right preparation, a<br />

powerful value proposition, effective stakeholder<br />

engagement, and resolute tracking of prelaunch<br />

success, opportunities to excel remain.<br />

ADDRESSING THE ISSUES<br />

The <strong>IMS</strong> <strong>Launch</strong> <strong>Excellence</strong> framework is a<br />

comprehensive, customized approach to addressing the<br />

key issues in launch preparation and minimizing the risks<br />

involved. Leveraging best-in-class quality and timeline<br />

definitions for successful diagnostics and planning and a<br />

guiding process for measuring success, using relevant,<br />

insightful KPIs, it has already played an instrumental role<br />

in more than 50 product launches worldwide.<br />

1 Based on <strong>IMS</strong> <strong>Launch</strong> <strong>Excellence</strong> studies of 4,000 launches in over 90 therapy areas across 8 different countries over the last 10 years.<br />

PLANNING FOR SUCCESS<br />

Built around the three pillars of launch diagnostics, planning<br />

and key performance indicators (KPIs), the <strong>IMS</strong> <strong>Launch</strong><br />

<strong>Excellence</strong> framework encompasses numerous areas,<br />

activities and relevant metrics for a better understanding of<br />

launch preparations and the provision of sufficiently granular<br />

insights for improved brand performance:<br />

• <strong>Launch</strong> Diagnostics and Planning: Covering 70<br />

key areas and several thousand activities across all<br />

commercial and medical functions at the global and<br />

country level, our launch diagnostics and planning<br />

process enables functional alignment, visibility into<br />

quality and timeliness of launch plans, fast<br />

mobilization of resources, and gaps to be identified<br />

and addressed as early as possible.<br />

• Key Performance Indicators: Leveraging more<br />

than 1,000 potential metrics, the KPI framework<br />

ensures best-in-class tracking of pre- and post-launch<br />

success across geographies and functions, enabled by a<br />

focus on the most critical activities, consistent,<br />

country-specific benchmarks, early insight into<br />

potential issues, and support with building metric<br />

definitions, dashboards, data aggregation and processes<br />

for corrective action.


FIGURE 1: <strong>IMS</strong> LAUNCH EXCELLENCE FRAMEWORK ADDRESSES THE KEY ISSUES IN LAUNCH PREPARATION<br />

• Are all key launch activities being planned?<br />

• Is the planning and execution truly world class?<br />

• Do we have the needed resources?<br />

• Will activities will be executed in a timely<br />

manner?<br />

• What are the gaps and key risks, and how do<br />

we overcome them?<br />

• What are the activities, timelines<br />

and milestones from now until<br />

launch?<br />

• What are all the functional<br />

interdependencies?<br />

• Who is responsible for the<br />

different activities?<br />

<strong>IMS</strong> LAUNCH EXCELLENCE<br />

FIGURE 2: A RIGOROUS PROCESS AND SOLID FOUNDATION TO ACCELERATE THE LAUNCH PLANNING PROCESS<br />

Action plan<br />

to close gaps<br />

<strong>Launch</strong> plan of activities,<br />

interdependencies, timing<br />

and responsibilities<br />

<strong>Launch</strong><br />

Planning<br />

<strong>Launch</strong><br />

Diagnostics<br />

Ensuring<br />

<strong>Launch</strong><br />

<strong>Excellence</strong><br />

<strong>Launch</strong><br />

Tracking<br />

DIAGNOSTICS & PLANNING KPI FRAMEWORK<br />

<strong>Launch</strong> activity<br />

heat-map highlighting<br />

gaps and risks<br />

Issues<br />

overview for<br />

each activity<br />

Alignment on<br />

critical success<br />

factors<br />

Relevant,<br />

insightful and<br />

actionable KPIs<br />

• What are key performance<br />

indicators to define and track<br />

success, across functions and<br />

geographies?<br />

• What is the best process for<br />

timely follow-up on key issues?<br />

• What is the best tool to enable<br />

tracking of launch progress?<br />

Clear<br />

definitions<br />

/benchmarks<br />

for consistency<br />

Dashboards for<br />

performance tracking


<strong>IMS</strong> <strong>Launch</strong> <strong>Excellence</strong> in Practice<br />

<strong>IMS</strong> has helped leading global pharmaceutical manufacturers maximize the success of their product launches by<br />

raising the quality of launch planning and execution across products, functions and regions, with a comprehensive<br />

approach addressing strategy, process, governance, change management, communication and implementation.<br />

CASE STUDY: ACCELERATING LUNCH READINESS WITH QUALITY PLANNING & EXECUTION<br />

Challenge: Standard launch preparations were seriously undermining the long-term potential of a top ten<br />

pharma company’s revolutionary breakthrough treatment.<br />

No clear franchise and<br />

lifecycle strategy<br />

Objectives within the<br />

patient journey not defined<br />

Go-to-market model focused<br />

on providing the ‘pill’<br />

Our 3-phased approach:<br />

Agree on Critical<br />

Success Factors<br />

Review launch activities<br />

& identify key gaps/risks<br />

No plans to use social media<br />

for communications<br />

Medical plan not innovative<br />

enough for a new MoA<br />

Disease awareness plan<br />

behind schedule<br />

Develop a plan to close<br />

gaps & mitigate risks<br />

Client Benefits: Significantly accelerated and raised the quality of launch planning and execution by driving<br />

prioritization, closing gaps and mitigating risks across functions and regions while fostering innovation through<br />

sharing best practicies and consistently challenging functions.<br />

ENSURING LAUNCH EXCELLENCE WITH <strong>IMS</strong> HEALTH<br />

<strong>IMS</strong> is uniquely positioned to help you maximize the value of every product launch globally. Our proven<br />

framework – leveraged successfully with more than 50 launch teams – ensures best-in-class launch diagnostics,<br />

planning and tracking for optimal performance. Our offering is built on deep functional and therapy area<br />

expertise across the launch spectrum, combined with our extensive evidence-based thought leadership.<br />

Partnering with our clients, we draw on the skills and experience of 1,700 <strong>IMS</strong> consultants and the lessons<br />

learned from studying the past launches across 8 countries in over 90 therapy areas to drive best practice<br />

launch execution and internal change management.<br />

FURTHER INFORMATION<br />

To find out how the <strong>IMS</strong> <strong>Launch</strong> <strong>Excellence</strong> framework can help you achieve best-in-class product launches globally<br />

by aligning on critical success factors, uncovering and addressing key gaps in launch preparation and identifying<br />

pre- and post-launch KPIs, please contact Dr Simone Seiter on (+49) 69-6604-4739 or at sseiter@de.imshealth.com,<br />

or Maneesh Gupta on 1-973-738-2626 or at mgupta@us.imshealth.com


ABOUT <strong>IMS</strong><br />

<strong>IMS</strong> Health is the leading provider of information services<br />

for the healthcare industry around the world. The company<br />

draws on its global technology infrastructure and unique<br />

combination of in-depth, sophisticated analytics, on-shore<br />

and off-shore commercial services, and consulting platforms<br />

to help clients better understand the performance and value<br />

of medicines. With a presence in 100+ countries and more<br />

than 55 years of industry experience, <strong>IMS</strong> Health serves<br />

leading decision makers in healthcare, including<br />

pharmaceutical manufacturers and distributors, providers,<br />

payers, government agencies, policymakers, researchers and<br />

the financial community. Additional information is available<br />

at http://www.imshealth.com<br />

©2011 <strong>IMS</strong> Health Incorporated or its affiliates. All Rights Reserved.<br />

<strong>IMS</strong> HEALTH®<br />

7 Harewood Avenue<br />

London<br />

NW1 6JB<br />

United Kingdom<br />

Tel: +44 (0)20 3075 5888<br />

www.imshealth.com<br />

LEBRO0411

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