Pfizer's New Lifecycle Approach To Senior Leadership Development
Topics: Leadership
Tags: development, innovation, Leaders, Leadership, pharmaceutical
Overview
The pharmaceutical industry is undergoing dramatic change on many levels which prompted Pfizer to completely reengineer its business. In tandem with their structural changes, Pfizer is revising its approach for developing senior leaders who will face these unprecedented challenges:
- maintain the core business as patents on blockbuster drugs come to an end
- target research on diseases that strike smaller populations and devise financial models to make these solutions profitable
- prepare for unknown future conditions that will emerge as the federal government in the U.S. introduces changes to the nation's healthcare programs
Pfizer is developing a lifecycle approach to prepare senior leaders to think strategically and drive innovation as they confront many conditions they've never before encountered.
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