Pharmaceutical Market Europe • July/August 2021 • 15
STEPHANIE HALL
Managing the relationship between the pharma/biotech industry and agency or consultancy partners
This time I’d like to tackle the subject of how we manage the relationship between the pharma/biotech industry and agency or consultancy partners. As I write this, I think of decades ago when the wonderful creative agency, Young and Day, gave us a talk about how best to manage agencies or, in retrospect, how to be a good client – important skills and expertise, I fully agree. We learned how to be clear in our briefs, timelines, regular communications, sharing insights objectives and the brand strategy. We also learned how not to micromanage them, not to share other agencies’ details or work inappropriately (yes, the author did this), to communicate regularly and engage them with other internal stakeholders.
The first thing to review is who are your core agency/consultancy/independent partners to support your team. Your external partners can be a fantastic source of industry expertise, innovation and diversity, and can support team motivation and morale with their unique skills and experience. When was the last time you gave your key external agencies an update on your organisation and clarified their role, their value and how they work together to support your team, brand and overall business performance? Over the last decade or so, when kicking off a new consulting project, the most frequent desire from a project team is for ‘happy clients’, so be kind and accommodating to your agencies. Project teams often talk about breaking new ground, delivering real value, forming new relationships and getting positive feedback – client-centricity is key to their ways of working.
In the ‘new normal’, most of us are still working virtually most of the time, so it is vital to ensure there are enough touchpoints with your agency partners, that expectations are clear and that there is a strong personal connection across the team.
So now it’s over to you: have you got clear briefs in place for your agencies, with objectives, deliverables, measures of success and budgets? Do you have good levels of interaction and relationships with your agencies?
Do you get the sense that your account is a priority? (If not, be on the alert!) Have you been forced to use the procurement mandated agency of choice? They may not be resourced and motivated to fully support you.
I did a little bit of field research for this article and thought I’d share the ingredients for success that seasoned consultants highlighted:
The first thing to do here is to agree as a cross-functional client team that this is the case and to document real examples of ‘wonkiness’.
Some questions to check as a client team are:
Usually, any rough patches or disconnects can be resolved with goodwill on both sides. In the long run, these working relationships often transcend brands, organisations and agencies if you are building truly authentic partnerships.