Pharmaceutical Market Europe • February 2023 • 15
INNOVATIVE IMPACT BLOG
To be successful in changeable times, we must elevate the way we create our brand plans
We are always taught that failing to plan is planning to fail. But, what if there’s more to it than that?
A beautifully crafted brand plan is a wonderful thing in times of predictable stability, but we are absolutely not in those times, nor are we likely to be anytime soon. Often – seemingly daily – a curveball is thrown at us that risks pushing us off course.
Trying to follow your brand plan rigidly in a world of change is like playing a game of whack-a-mole. You spend more time being distracted by the changes while attempting to get back on track, rather than responding in a way that will lead to optimised performance. Ultimately, the speed and quantity of moles has the potential to overwhelm the finest of players!
To be successful in changeable times, we must elevate the way we create our brand plans, spending more time:
A transformational shift has occurred. Traditional annual planning is no longer enough and there is now a continuous need for refinement of the brand plan. Due to this, enquiring minds have become your most valuable assets, particularly when those enquiring minds exist at leadership level.
It’s time to build cultures that actively and constantly question the status quo, and to develop a systematic way of generating insights. Regular and consistent tracking of lead indicators, combined with a rear view of predefined lag indicators, is critical in the early discovery of emerging trends, enabling rapid diagnosis at local and global level. If we can achieve this, I am confident that our decisions will be reliably led by causes rather than results.
Planning is more crucial than ever in times like these, but before you plunge headlong into what you have always done, I urge you to consider how you can add flexibility to your process to develop a brand that continues to have impact throughout the year and drives performance for patients, clinicians and your organisation.
My fellow Uptake Strategies Board Member, Michael Oliver, will be my guest author next month, when we will be delving further into the detail of lead indicators.
Melissa Dagless is Head of Growth and Innovation at Uptake Strategies