and Related Industries Kamal Ayub Quraishi CRM IN PHARMA Tell em what youre gonna tell em CRM has had its identity stolen There are two kinds of CRM Strategic Vs operational CRM Its small wonder CRM fails The CRM Space A Generic Model of CRM The CRM ecosystem and species of CRM Implementing CRM How to avoid failure
CRM IN PHARMA Stolen Identities: The Value Chain
Product Development Supply Chain Management Customer Relationship Management CRM IN PHARMA Two Kinds of CRM Operational CRM Strategic CRM Using IT to automate and integrate existing customer data management
Increases efficiency of existing strategy up to a finite limit Using IT to identify new segments and propositions
Enables new strategies previously impractical without IT CRM IN PHARMA A Definition of Strategic CRM Customer Relationship Management is the management process that uses individual customer data to enable a tailored and mutually valuable proposition. In all but the smallest of organisations, CRM is characterised by the IT enabled integration of customer data from multiple sources CRM IN PHARMA A Definition of Strategic CRM Customer Relationship Management is the management process that uses individual customer data to enable a tailored and mutually valuable proposition. In all but the smallest of organisations, CRM is characterised by the IT enabled integration of customer data from multiple sources So almost always clinician not the patient So mostly extended proposition not the core product So not just the easy stuff like IMS and sales CRM IN PHARMA Mini-Summary CRM is really that part of the value chain about creating value with customers (cf. NPD or SCM) CRM in the IT sense falls into two overlapping categories Strategic and operational Strategic CRM has more potential but Mostly clinicians Mostly extended product Multiple data sources
CRM IN PHARMA Why Does My CRM Fail? Because your company cant do it You lack the CRM space Because your company shouldnt do it Youre in the wrong market or wrong company Because you could and you should but you didnt Justification, people and data CRM IN PHARMA The CRM Space CRM IN PHARMA A Generic Model of CRM e.g. IMS Data and call data by product and account Add qualitative data, CME data, other individual soft data. Look for new segments and value Create and deliver Micro-segment value propositions Consider financial impact of new segments and propositions as a whole CRM IN PHARMA Implementation Failure CRM implementation fails for three principal reasons: 1. Poor justification leading to insufficient resource, poor controls and weak buy-in 2. Poor cross-functional working leading to project stalling or silo-ing 3. Poor data use leading to failed analytics, segmentation and targeting CRM IN PHARMA The Key to CRM Justification CRM IN PHARMA CRM Teams: The Waterfall Metaphor CRM IN PHARMA Three Dimensional Data D a t a
d e p t h
Data length Long enough history to iron out wobbles Enough bits of information to be representative Enough different varieties of data to indicate motivations and needs CRM IN PHARMA How to Avoid Failure 1. Are you expecting strategic outputs from operational inputs? 2. Do you have the CRM Space? 3. Where are you in the CRM Ecosystem? 4. Have you planned implementation The key is tailored justification Manage the cross-functional team over time Collect and use 3D data CRM IN PHARMA