Asset Strategy Leader (Multi-Level)
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Lake County, IL
- Corporate
- Administrative Services
- Full-time
This vacancy has now expired. Please see similar roles below.
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, Instagram, YouTube and LinkedIn.
This pipeline posting covers multiple opportunities on our Asset Strategy Team ranging in levels and therapeutic area. Current therapeutic areas roles: Specialty, Eyecare, Oncology, Immunology, Neuroscience, & Calico.
The Asset Strategy Leader (ASL) serves as the matrix leader with overall, enterprise wide accountability for an asset from discovery to end of life cycle.
- Chairs an Asset Strategy Team (AST) and ensures alignment across the five core deliverable teams (Integrated Evidence, Value & Access, Brand, Label & Regulatory, and Product Presentation & Device) partnering effectively with the functional chairs of those subteams to ensure delivery of the asset. In this capacity, serves as the enterprise leader who is the asset’s primary point of contact for AbbVie’s Pipeline Commercialization Model (PCM) Governance bodies and senior management.
- Leads the effort to create, articulate, and gain endorsement of an integrated cross-functional strategy for all aspects of product development and commercialization, consistent with the overall strategy articulated by PCM Governance and the Therapeutic Area Strategy Council (TASC) and is able to direct teams to appropriately navigate complex emergent situations. Maintains primary responsibility for the ensuing deliverables, including a functionally aligned asset and brand strategy.
- Builds strong collaborative peer to peer relationships with governance team members and executives to enable optimal timely, multi-directional, and comprehensive interactions with PCM Governance at pre-specified milestones and as significant program issues or opportunities arise.
- Reviews and analyzes emerging data objectively to lead or direct the Asset Strategy Team toward recommendations that highlight opportunities, address potential risks, and proactively provide appropriate mitigations.
- Has a deep understanding of the role and value of each function on the team, to know how to solicit timely input. Collaborates with AST functions to ensure the asset is appropriately resourced and stays within allocated budget, and champions requests for incremental resources, when appropriate. Works continually with supporting teams to ensure that executed plans are consistent with all elements of the asset and brand strategy.
- Ensures that the AST continually validates the viability of the program from a scientific and commercial perspective. Develops clear, prospective Go/No-Go decision points and serves as a champion for the program, using objectivity and judgment to analyze, interpret, and present data to PCM Governance and senior management.
- Establishes close, ongoing ties, with all team members and supporting teams, to ensure appropriate empowerment, delegation, and alignment. Maintains a function-neutral position in prioritizing actions and making decisions, with an eye toward optimizing asset value in a timely and high-quality fashion. Coaches and mentors team members as appropriate. Enables the AST to focus on strategy and decision-making, and optimal communication of issues to supporting teams, team members, and functions.
- Represents the AST at interactions with external parties (e.g., Advisory Boards, regulatory interactions) when these engagements require broad cross-functional contributions. Exhibits executive presence and clear communication with all levels of management.
- Works with team members to maintain a comprehensive and up-to-date understanding of the competitive environment in the field and to assess for potential impact on ongoing programs. Stays abreast of professional information, industry trends, and emerging technology through conferences, medical literature, and training to augment expertise in drug development and the pharmaceutical industry. Develops a comprehensive understanding of how AbbVie’s assets are positioned relative to competitor assets
- Leads a single indication asset that is a significant revenue potential for AbbVie or a high-profile multiple indication asset
- Bachelor’s Degree required; Advanced degree highly preferred (e.g. PhD, MBA).
- Relevant experience (minimum of 5 years; 10+ years preferred) in a pharmaceutical/biotech setting with deep expertise in a relevant discipline associated with drug development and /or commercialization and ideally experienced in multiple areas of the industry, often with multiple therapy areas, phases of development and commercialization and/or both small molecule and biologic experience.
- Exemplary strategic thinking, collaboration, facilitative leadership, executive function, and problem-solving skills. Ability to assimilate new knowledge rapidly and apply that to asset strategy.
- Experience leading a team in a cross-functional environment, preferably with a global scope. Typically has led asset teams in AbbVie or other organizations.
- Ability to objectively exercise judgment and create pragmatic solutions to address complex cross-functional problems, and to be accountable for obtaining stakeholder advice to make informed decisions, in order to move a program forward in the face of uncertainty or incomplete data. Is able to stand alone or take unpopular decisions to ensure appropriate organizational decisions.
- Ability to lead and motivate team members from across functional areas; must be able to lead through influence and bring out the best in others. Ability to delegate appropriate accountability and decision-making to supporting teams and functions.
- Track record of strategic success leading assets or functions in complex matrix environments
- Able to lead independently with minimal managerial oversight required
- Ability and willingness to respectfully challenge team members and functions, and manage conflict, in order to assess fully all opportunities, options, risks, and mitigations.
- Excellent oral and written English communication skills with executive presence
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
- The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
- We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
- This job is eligible to participate in our short-term incentive programs.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie is committed to operating with integrity, driving innovation, transforming lives, serving our community and embracing diversity and inclusion. It is AbbVie’s policy to employ qualified persons of the greatest ability without discrimination against any employee or applicant for employment because of race, color, religion, national origin, age, sex (including pregnancy), physical or mental disability, medical condition, genetic information, gender identity or expression, sexual orientation, marital status, status as a protected veteran, or any other legally protected group status.
- Yes, 10% of the Time