Job Information
Novo Nordisk Portfolio Foresight Manager in Plainsboro, New Jersey
About the Department
Our Commercial Strategy and Marketing group creates and delivers human-centered experiences, where innovation meets customer-centricity, driving the ultimate experience for our patients. Our focus extends beyond transactions to craft experiences as one fully integrated, aligned and connected organization that puts empathy at the center, powered by insight and foresight.
We develop an end-to-end approach to strategy, focusing on every touchpoint that impacts our customers. We leverage data and insights to inform our decision-making processes, ensuring that our strategies are rooted in a deep understanding of customer needs and behaviors. Our 'test and learn’ mindset and approach enables us to iterate rapidly and refine our strategies based on real-world results.
We are building an intentional team culture that is made up of diverse skillsets, united by the shared belief that reinvention and learning is what fuels continuous growth. Do you get excited about exploring the unknown? Does the idea of driving value through human-centered design pull you in? Are you ready to experiment with us?
The Position
The Portfolio Foresight Specialist plays a critical role in overseeing the portfolio of assets and indications across Novo Nordisk. This role is responsible for developing and executing commercial strategies to optimize the value and sequencing of indications across the asset pipeline, ensuring alignment with business objectives and market dynamics. It will also include commercial ownership of portfolio level device strategy and lifecycle management of devices.
Relationships
Reports to the Strategic Foresight Lead PO. Collaborates with cross-functional teams, including marketing, analytics, sales, R&D, Medical, NNI Global, and Market Access (MAPA), to co-create strategies for a cohesive portfolio planning, device strategy and indication management. Facilitate communication and coordination across functional areas and collaboration with pipeline to drive cross-functional collaboration and synergy. Communicates innovative strategies to therapeutic area marketing teams.
Essential Functions
Portfolio Overview: Provide a comprehensive overview of the asset portfolio, including current and future indications, development status, key milestones, and commercialization plans. Maintain a thorough understanding of each in-line and pipeline asset's therapeutic profile, mechanism of action, competitive landscape, and market positioning
Indication Sequencing: Develop and implement strategies for sequencing indications across the asset pipeline to maximize the overall portfolio value and commercial potential of each asset. Collaborate with cross-functional teams to prioritize indications based on market opportunity, patient need, and strategic fit within the overall portfolio
Asset Prioritization and Resourcing: Lead the prioritization process for allocating resources and investments across the asset portfolio. Evaluate the potential value, risk, and strategic importance of each indication to inform resource allocation decisions and optimize portfolio performance
Device Portfolio Management: Provide portfolio level strategic guidance of the device portfolio, including medical devices, diagnostics, and digital health solutions. Develop strategies to enhance the value proposition of device-based products and optimize their integration into the overall portfolio strategy across the therapy areas
Maximizing Portfolio Value: Develop and execute strategies to maximize the value of the portfolio by identifying opportunities for portfolio optimization, indication expansion, label extensions, and lifecycle management initiatives. Leverage market insights, competitive intelligence, and scientific expertise to drive value creation across the portfolio
Market Insights: Gather insights to inform portfolio management decisions, including market trends, competitive dynamics, patient needs, and regulatory requirements. Stay abreast of industry developments, emerging technologies, and evolving market trends to identify opportunities and mitigate risks within the portfolio
Physical Requirements
Hybrid Policy: 3 days in office, 2 days remote.
Approximately 20-30% overnight travel.
Qualifications
Requires a Bachelor’s degree; Master’s degree preferred
8+ years of experience, including demonstrated history in portfolio management, indication sequencing, or business operations or related roles
Strong understanding of pharmaceutical product development processes, including clinical development, regulatory pathways, and commercialization strategies, especially within diabetes, obesity, cardiovascular diseases preferred
Experience with local and global operations within life sciences preferred
Proven track record of successfully managing complex portfolios of assets and indications, with demonstrated ability to drive strategic decision-making and value creation
Excellent analytical skills, with the ability to synthesize complex information, assess market dynamics, and develop data-driven insights to support portfolio management decisions
Strong leadership and communication skills, with the ability to influence and collaborate effectively with cross-functional teams and senior leadership
Strategic mindset, with the ability to think critically, anticipate future trends, and develop innovative solutions to address challenges and capitalize on opportunities in a dynamic market environment
Embodies leadership behaviors, including authenticity, servant leadership, will, empathy, decisiveness, and driving focus and simplicity
People management experience required, with a proven track record of development and coaching
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.
Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.
If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.