| It’s not just a Ph.D.
in biochemistry from Cambridge University in England that
wins Wendy Dixon immediate credibility with research and
development staff at Bristol-Myers Squibb. It’s also
20 years in pharmaceutical marketing and a passion for working
with scientists to develop and bring to market new medicines
that meet customer needs around the world.
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It’s hard to imagine how the CEO could have made a
better choice for a Chief Marketing Officer to spearhead
an organizational transformation to marketing excellence.
I talked to her about how she leads the marketing team’s
work with scientists to make sure new products are developed
with an understanding of the marketplace and customer needs.
Young: How is marketing structured
at Bristol-Myers Squibb?
Dixon: We have a marketing
function which in recent years has been established as a
much stronger entity within the company. We have a global
marketing function which is responsible for working very
closely with the scientists to set up overall product strategy
and understand the marketplace and customer needs, particularly
for future new products. It is responsible to set up the
overall global strategy for new products and for providing
that input into the scientists as they work their way through
the development process. The global marketing group works
hand-in-hand with, and transitions work through, the regional
marketing teams in the different countries as they launch
new products or they launch an extension or some kind of
additional aspect of an existing product into the marketplace.
Young: How is marketing in
the pharmaceutical industry different from other industries?
Dixon: Pharmaceutical marketing
is very complex because we’re dealing with science.
We’re trying to market to a whole range of different
customers—physicians, payers, consumers, governments.
It is a highly regulated industry, as I’m sure you
know. There are very strict—appropriately strict—regulations
around how you can represent scientific data and how you
can promote it and it has to be consistent with the results
of clinical trials, etc. So, it’s an extraordinarily
complex business, but very rewarding, because, obviously,
we’re in the job of commercializing and bringing new
products to patients who need them.
Young: You mentioned that
in the last few years, marketing has become more central
to the overall strategy of the company. How did that come
to be?
Dixon: Our CEO is very focused
on pharmaceuticals and related healthcare business, but,
in past years, there were a number of other companies within
the Bristol-Myers Squibb family that were more consumer
driven companies, such as Clairol, which is a hair care
company. He’s been involved in the pharmaceutical
industry for a number of years, [but] actually started his
career in the consumer side of the world. And so he has
a strong heritage in traditional consumer packaged goods
marketing. His vision was for us to differentiate ourselves
as a company by applying, where possible and where appropriate,
the principles and insights and methodologies that are used
in consumer marketing to the pharmaceutical commercialization
process. He put in place this heightened sense of importance
of marketing and market partnerships—so that, on the
one hand, the scientists and the marketers worked closely
to understand and respect each other’s needs and challenges,
and, on the other hand, create a culture of marketing excellence
in the organization.
Young: I assume the CEO can’t
press a button and make it happen. How does it filter down?
Dixon: Well, then you hire
me, as a Chief Marketing Officer, and we put in place a
very strong market research organization. I put into place
a transformational initiative around creating a marketing
culture of marketing excellence, and we put the right people
in place to work collaboratively with our scientists, and
the right people in place to make sure that we have very
strong marketers who are launching our new brands and working
with the regions to launch the new brands. So, this cultural
transformation—any change, culture change, transformational
change that needs to go in the company—takes a number
of years. But it absolutely requires leadership from the
very top, where then it needs to have a team of people who
are lieutenants of the guy at the top who are all aligned
and driving through the organization.
Young: What were the barriers
you needed to overcome in the transformation process?
Dixon: I’ve heard from
many industries is that the scientists and marketers don’t
talk with each other. But actually, I think this is one
of the things that’s gone particularly well. Our scientists
as a whole are sophisticated enough and open enough—particularly
when they have the opportunity to work with strong, knowledgeable
marketers—to recognize that they will be able to do
their jobs better if they work with the marketers, understand
the customers’ needs and integrate those needs into
their development programs for products. And I’ve
been very, very impressed by the partnership which truly
has a commitment from both sides of the organization. It
boils down to the individuals involved. This transformation
to marketing excellence has been something that everybody
in the company wanted to have. It’s a lot of work,
but people have been very receptive to have it developed
and to learn new skills.
Understanding the division of responsibilities between
the global marketing organization and the regional marketing
organization is where we have had some challenges. We are
careful to monitor who is doing what so there is no duplication,
people aren’t treading on other people’s toes
and people aren’t bent out of shape.
Young: Can you briefly take
me through the way you interact with science and product
development?
Dixon: We have a governing
committee called Brand Development Operating Committee,
co-chaired between myself and the head of clinical and the
head of regulatory affairs. And then we have teams that
report to us that are dedicated to developing and commercializing
a new brand. For example, these two leaders—one clinical
and one global marketing—are 100% focused on the successful
development and commercialization of Abilify, our new schizophrenia
drug that we launched last year. Because they are co-leading
the development and commercialization, it mirrors what’s
done at this Committee level. They are jointly responsible,
with shared objectives and shared incentive plans. They
live together, virtually, with this brand, and so, there’s
tremendous partnership there. Openness and understanding
of the scientific needs and issues and, similarly, the clinical
people are very understanding and receptive to understanding
market research and how we can integrate that into the designing
clinical trials. Out in the marketplace, our medical affairs
organization continues to work closely with the regional
marketers, and they design new clinical trials for in-line
products.
Young: What about marketing
and sales, traditionally a place of potential conflict?
How is that working in the transformation?
Dixon: I’m actually
less familiar with that in my role here in global marketing.
My sense is that, in the same way as the organization has
done a good job of stepping up and providing a partnership
between science and marketing, I think that there’s
good connectivity between the leaders in the sales and the
marketing organization.
Young: And what about finance?
Dixon: Oh, absolutely. We
have a finance person dedicated to each team in each organization.
Young: How do you measure
your effectiveness?
Dixon: Well, we have a very
rigorous process in place where we create what we call “dashboards”
to measure all kinds of metrics, well beyond just financial
measures. We’re measuring attitudes in the marketplace,
feedback from customers, market sales force effectiveness
and efficiency—a very complex set of very detailed
and granular metrics that we measure on a very regular basis
and meet, review, and take action if things are not going
as anticipated, whether they may be going better than anticipated
or less well than anticipated. Now, the financial measures
are part of that, obviously, in terms of sales, etc. There
are a lot of subtle diagnostics that go [into measuring
effectiveness]. You can’t just measure sales; that’s
a very coarse measure.
Young: So what is your greatest
challenge now?
Dixon: I think the greatest
challenge we have is to train people around the world in
marketing excellence—in China, in Argentina, in the
United States, and France, and England, and all around the
world—so that we have a common way of thinking and
going about marketing at a very high and sophisticated level.
And, as you can imagine, if you have set that goal for all
marketers around the world, they’re coming in at different
stages of sophistication. But the good news is that there’s
tremendous appetite for this and there’s tremendous
senior management alignment about the importance of this.
Nevertheless, this is a multiyear initiative.
Young: Do you have indicators
that the transformation has been successful?
Dixon: We have fielded one
round of market research and have definitely seen the needle
move on all kinds of measures, ranging from attitude to
performance. And we have our next survey going in the next
few weeks, and we’ll get the results in December.
So, I guess the first answer is we’ve got the metrics
in place to measure against, and we are just starting to
collect the information to see the progress to date. So
far, things seem like they’re headed in the right
direction, which is very exciting.
Young: When you look for
staff to help you make this marketing transformation, what
are you looking for?
Dixon: Well, in my senior
level people, I’m looking for people who have a love
of marketing. Marketing is like playing six dimensional
chess. And that person could come from a pharmaceutical
company and, in some instances, we have some very senior
marketers who’ve had most of their career in the consumer
marketer role, but we have felt that they are so exceptional
that we will teach them pharmaceutical marketing. I’m
looking for people who have a love of the problem, a love
of understanding the customer, have good leadership and
interpersonal integration skills, because you have to interact
with so many different stakeholders, that they need to be
able to interface with a full range of stakeholders. So
they need to have a strong interest in marketing, a strong
appetite, a very curious mind, and an ability to demonstrate
innovative thinking outside-of-the-box way of approaching
problems. It’s helpful also to have somebody who has
had an experience close to the customer—sales experience
or general management experience. And I’m looking
for a seasoned marketing professional who’s been in
the business for 10-15 years; those are the senior level
jobs.
Young: Does a brand manager
for a new pharmaceutical product actually manage the business?
Or is that someone else?
Dixon: Well it depends. If
you’re talking about an in-line product that is already
in the market, then the different country heads of those
businesses will run those businesses with global marketing
providing strategic guidance and alignment.
For our new products, we have a transition phase where
we have this chap who runs the launch team with the critical
person I described earlier—we call them Brand Champions.
They’re responsible for overseeing the commercialization
and launch for a new brand for the first year or so post-launch.
So it’s a year of transition from a global strategy
perspective into the actual individual regions—a transition
of taking ownership of a new brand that just got approved
to when it becomes part of their in-line set of brands,
when there’s responsibility from a P&L perspective
in those different countries.
What we’re driving hard for is global strategy and
global alignments. The pharmaceutical industry, in the past
has—in some instances even with global brands—ended
up with different trade names, different strategies, different
branding images, etc. We believe that the world is global,
that we’re developing our new products on a global
basis, and we need to have a global presence, a global image
and a global strategy for these products.
Young: What do you expect
will change for marketing in the next three to five years?
Dixon: In pharmaceutical
marketing there are some extraordinarily new complex technologies
that are coming down the pike. I’m not necessarily
sure whether they’ll be here in three to five years,
but if we start talking about pharmical genomics where you
can develop drugs that are specific for a subset of patients
who have a certain genome, there’s going to be much
more targets, scientific work that will lead to complex
targeting and segmenting patient types in the marketplace.
That’s one I call a technical challenge. The pharmaceutical
industry around the world is being challenged to think of
ways to deliver marketing and sales activities more effectively
and more efficiently, and so trying to find innovative ways
of reaching the customer will be a major challenge as well.
Young: What are you most
proud of in your career?
Dixon: I’m proud of
having been associated with a number of very, very important
medicines over my career. I can look back and say, Wow,
I really helped bring some important products to the marketplace
to help people. I was involved, when I was much younger,
with Tagamet, and I’ve been involved with Fosamax,
Singulair, Vioxx, Abilify, Reopro, several other products,
so I feel really excited about having had the opportunity
to do that. And I’m very proud of my particular role.
I’ve been in pharmaceutical marketing for about 20
years, but I actually started my career as a scientist.
And so what is particularly satisfying to me is to be able
to be as effective as possible in understanding the scientist
and understanding the marketplace to help drive commercialization
development of these products.
Young: I imagine your science
background has contributed to the success you’ve had
working with the scientists in your organization.
Dixon: Yes. I have a Ph.D.
in biochemistry from the University of Cambridge in England.
Young: Let me just end by
asking you, as a Chief Marketing Officer, if you were to
move on, what would you say in a note to your successor?
Dixon: Stick with the transformational
culture change, it’s important. Personally get involved
with the science and marketing partnership and drive it.
Drive marketing excellence to touch the very earliest stage
products as well as reaching out and continuing to work
with the regional areas to assure that we have consistent
strategies for our brands around the world. I would also
encourage them to continue to make sure that we are attracting,
developing and retaining the strongest marketers for this
company.
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