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The 10 Influential Marketing Leaders to watch in 2019

With the idea to exhibit the inspiring journey and insights of some of the world’s most influential CMO’s, Insights Success proudly presents an exclusive edition of ‘The 10 Influential Marketing Leaders to watch in 2019’

With the idea to exhibit the inspiring journey and insights of some of the world’s most influential CMO’s, Insights Success proudly presents an exclusive edition of ‘The 10 Influential Marketing Leaders to watch in 2019’

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“<br />

Be curious and passionate about<br />

learn<strong>in</strong>g. It <strong>in</strong>evitably leads <strong>to</strong> success.<br />

“<br />

me <strong>to</strong>day, all the disruptive new<br />

bus<strong>in</strong>ess models we see <strong>in</strong> the market,<br />

from Tesla, Uber, AirBnB, start from a<br />

different understand<strong>in</strong>g of true market<br />

needs. No organization can afford<br />

<strong>to</strong>day <strong>to</strong> not be deeply rooted <strong>in</strong> data –<br />

or the risk of disruption is massive.<br />

How do you diversify your<br />

organization’s offer<strong>in</strong>gs <strong>to</strong> appeal <strong>to</strong><br />

the target audience?<br />

My current bus<strong>in</strong>ess context is <strong>in</strong><br />

cus<strong>to</strong>m development and<br />

manufactur<strong>in</strong>g for pharma and biotech<br />

companies. We are produc<strong>in</strong>g on behalf<br />

of our cus<strong>to</strong>mers, active <strong>in</strong>gredients or<br />

the f<strong>in</strong>al medic<strong>in</strong>e. <strong>The</strong>re is a high pace<br />

of <strong>in</strong>novation <strong>in</strong> our cus<strong>to</strong>mers’ R&D<br />

and we follow that <strong>in</strong>novation very<br />

closely. In our <strong>in</strong>dustry, marketers have<br />

a unique advantage compared <strong>to</strong> other<br />

<strong>in</strong>dustries. We can see the <strong>in</strong>novation<br />

pipel<strong>in</strong>e of our cus<strong>to</strong>mers early on, as<br />

regula<strong>to</strong>ry requirements lead our<br />

cus<strong>to</strong>mers’ <strong>to</strong> publish what they are<br />

work<strong>in</strong>g on. We constantly moni<strong>to</strong>r<br />

which new manufactur<strong>in</strong>g<br />

requirements these medic<strong>in</strong>es might<br />

have and then <strong>in</strong>vest <strong>in</strong><strong>to</strong> technology<br />

that allows produc<strong>in</strong>g them. So we are<br />

prepared <strong>to</strong> help our cus<strong>to</strong>mers launch<br />

their medic<strong>in</strong>es. In addition <strong>to</strong><br />

questions around feasibility, we also<br />

work <strong>in</strong> understand<strong>in</strong>g what the<br />

bus<strong>in</strong>ess risks and opportunities are for<br />

our cus<strong>to</strong>mers on their path <strong>to</strong> market.<br />

We focus on the challenges that<br />

bottleneck the process at the cus<strong>to</strong>mer<br />

side and then <strong>in</strong>novate our bus<strong>in</strong>ess<br />

models <strong>to</strong> address them.<br />

What were the past experiences,<br />

achievements or lessons that have<br />

shaped your journey?<br />

For a couple of years now, cus<strong>to</strong>mer<br />

centricity is a term used frequently,<br />

also <strong>in</strong> bus<strong>in</strong>ess-<strong>to</strong>-bus<strong>in</strong>ess<br />

organizations. To be successful <strong>in</strong><br />

| April <strong>2019</strong><br />

putt<strong>in</strong>g the cus<strong>to</strong>mer at the center, the<br />

conceptual term should be broken<br />

down <strong>to</strong> tangible actions. We wanted <strong>to</strong><br />

know what we as an organization truly<br />

knew about our cus<strong>to</strong>mers. So first, we<br />

consolidated all data sources <strong>in</strong> the<br />

organization that had cus<strong>to</strong>mer<br />

<strong>in</strong>formation <strong>in</strong> them. This reduced data<br />

silos and comb<strong>in</strong>ed <strong>in</strong>formation, that<br />

was not broadly accessible before<br />

spann<strong>in</strong>g market<strong>in</strong>g, sales, f<strong>in</strong>ance and<br />

production – all under one roof. We<br />

started <strong>to</strong> build agile data systems and<br />

<strong>in</strong>frastructure and moved a significant<br />

proportion of IT under the leadership<br />

of market<strong>in</strong>g. Data are <strong>in</strong>tegrated at the<br />

<strong>in</strong>dividual cus<strong>to</strong>mer level, so cus<strong>to</strong>mer<br />

preferences and behaviors can be<br />

observed across the entire cus<strong>to</strong>mer<br />

journey. <strong>The</strong> <strong>in</strong>sights we generate are<br />

dissem<strong>in</strong>ated across different functions<br />

through Apps and web entries,<br />

accessibility of cus<strong>to</strong>mer <strong>in</strong>formation<br />

improved dramatically. We leveraged a<br />

lot of technology from big data <strong>to</strong> new<br />

visualization platforms <strong>to</strong> br<strong>in</strong>g<br />

available <strong>in</strong>formation <strong>to</strong> decision<br />

makers. For the first time, we now<br />

have a more holistic picture about our<br />

cus<strong>to</strong>mers, their needs and challenges.<br />

Next, we plan <strong>to</strong> use this knowledge <strong>to</strong><br />

support our field force, where we will<br />

use our learn<strong>in</strong>gs <strong>to</strong> hold proactive<br />

conversations based on our <strong>in</strong>sights<br />

about the cus<strong>to</strong>mer, away from the old<br />

way of respond<strong>in</strong>g <strong>to</strong> enquiries.<br />

<strong>The</strong> move <strong>to</strong> cus<strong>to</strong>mer centricity is<br />

data-driven and can create discomfort<br />

<strong>in</strong> an organization. It is a disruptive<br />

change and many functions are<br />

required <strong>to</strong> change their way of<br />

work<strong>in</strong>g. Support<strong>in</strong>g such<br />

transformation with the best possible<br />

change management and tak<strong>in</strong>g all<br />

stakeholders along, ensures success.<br />

This is my biggest learn<strong>in</strong>g. Invest<strong>in</strong>g<br />

early on <strong>in</strong><strong>to</strong> expla<strong>in</strong><strong>in</strong>g the roadmap<br />

and then co-create a roadmap across<br />

different functions, is the best way of<br />

tak<strong>in</strong>g everyone onboard.<br />

Where do you see yourself <strong>in</strong> the<br />

near future and what are your future<br />

goals?<br />

I would like <strong>to</strong> cont<strong>in</strong>ue my learn<strong>in</strong>g<br />

journey <strong>in</strong> digital technology, us<strong>in</strong>g the<br />

rich data sources out there, leverag<strong>in</strong>g<br />

developments from AI, mach<strong>in</strong>e<br />

learn<strong>in</strong>g, cognitive behavioral research<br />

and other areas are areas. <strong>The</strong>re are<br />

still plenty opportunities <strong>to</strong> improve<br />

the <strong>in</strong>terplay between market <strong>in</strong>sights<br />

and manufactur<strong>in</strong>g <strong>in</strong>novation <strong>in</strong> our<br />

bus<strong>in</strong>ess. This is a <strong>to</strong>pic that I want <strong>to</strong><br />

drive.<br />

Longer-term, I hope <strong>to</strong> be able <strong>to</strong> build<br />

more broad technology expertise and<br />

then apply that <strong>in</strong> health related data. I<br />

would like <strong>to</strong> move closer <strong>to</strong> digital<br />

medical health and see, how we can<br />

best use digital means <strong>to</strong> improve<br />

public health.<br />

What is your advice for budd<strong>in</strong>g and<br />

emerg<strong>in</strong>g market<strong>in</strong>g leaders?<br />

Advice is always hard <strong>to</strong> give. Here is<br />

what worked for me. I was look<strong>in</strong>g<br />

beyond market<strong>in</strong>g, as a function and<br />

start<strong>in</strong>g <strong>to</strong> ask questions about what<br />

really drives a bus<strong>in</strong>ess and what<br />

creates impact with your cus<strong>to</strong>mers.<br />

<strong>Market<strong>in</strong>g</strong> is a team sport and not a<br />

function <strong>in</strong> a bus<strong>in</strong>ess. Through these<br />

questions, networks of engagement are<br />

created and we learned as teams. Don’t<br />

be discouraged, when you have <strong>to</strong><br />

manage through change or when you<br />

are fac<strong>in</strong>g resistance. Change is a<br />

learn<strong>in</strong>g road for all that embark on it,<br />

but the road isn’t straight. Make the<br />

journey as comfortable as you can and<br />

be empathetic and then you will create<br />

followers.<br />

|57

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