Principle Product Manager

Job Title: Business Engagement Manager R&D Function: Digital process excellence Location: Hyderabad Key role requirements: MBA Degree from Tier-1 College, 10-12 years of relevant industry experience ( Biopharma and Pharma ) and a strong understanding of product lifecycle management About Dr. Reddy’s Dr. Reddy’s Laboratories, or Dr. Reddy’s in short, is a global integrated pharmaceutical company. Each of our 20,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait. We believe that the game-changing power of technology is what will help us deliver on this purpose. Our digital transformation journey is continuous, pervasive and driven at the highest level. We are looking for people who share our passion to catalyze this journey. A brief about us (you’ll find more on our website www.drreddys.com ): We have three core businesses: Global Generics, Pharmaceutical Services and Active Ingredients and Proprietary Products. We have a strong and growing Biologics portfolio and a rich, transnational R&D network. Our manufacturing, marketing and sales operations span 56 countries. About Digital Process Excellence (DPEx) Our digital transformation journey is led by the DPEx team and is structured along the lines of Digitalize the Core and Transform business processes with Digital. With a mandate to ensure continuous process improvement and drive patient centric innovation, it spans all functions and operations. In other words, you could be working on projects to expedite research outcomes one day, designing customer engagement platforms the next and simplifying warehouse processes the third. Some its priorities are: Reimagine Dr. Reddy’s as a ‘platform-based’ organization. Create Data as an asset that brings competitive advantage and business impact Create Digital solutions that make the lives of our patients and customers easier and better Who will you work with You will be part of a team the Integrated Product Development Organization – our R&D unit, It provides you the opportunity to visit our technology lead R&D labs, first in kind labs and work with the a team of innovative people working on various aspect of Biopharmaceutical product development. Duties and Responsibilities · Working with business teams to conceptualize platform-oriented solutions that foster better collaboration, productivity, and actionable insights for the organization. · Think like an end-user, understand the process and translate complicated product ideas into simple wireframes and flows to deliver the world-class user experience . · Identifying opportunities for value creation through digital transformation within the organization through understanding of stakeholder business goals, current processes and constraints, customer journeys and business roadmap. · Understand business requirements and As-Is process mapping for arriving upon a To-Be process . · Engage with customers & partner with internal stakeholders (R&D researchers, Operations, Business, Communication, Portfolio, SCM etc.) to prioritize, drive, and implement the product changes. · Bridge the gap between business goals and consumer problems; define and own the short term and long-term product roadmaps in line with the goals set by the business team. · End to End ownership and management of Digital Solutions right from conceptualization phase till roll out. · Document all the business and product requirements based on inputs from all key stakeholders; define the product acceptance testing criteria; work closely with engineering, design, data sciences, and QA teams throughout the product development lifecycle to ensure timely delivery. · Conduct A/B testing, multivariate experiments to constantly validate hypotheses and decide the best strategy to enhance the product. · Identify key success metrics for the product, its features, and measure the metrics post-launch; constantly look for opportunities to optimize the product/feature performance. · Leading Requirement Finalization and Solution Strategy using Design Thinking process. · Effectively manage projects within schedule & budget in coordination with implementation partners. Effectively communicate status, outcomes, and impact to the business and leadership teams. Contribute to build Digital Quotient across the organizations through Trainings & Workshops on new & emerging digital technologies and their potential use cases in the domain. Adherence to Digital Product/ Solution Development best practices and processes such as Design Thinking & Agile Scrum for ensuring optimum program outcomes. · Having Acumen of creating time and cost sheets of projects with ability to assess the value creation. · Collaborate with experts including academics and external organisation to acquire novel digital scientific tools/ digital twins to solve the business problems or to improve the KPI. Qualifications We Prefer Education: MBA from Tier-1 College Work Experience: 10-12 years of Relevant Experience Candidates with high communication and presentation skills are preferred. Strong understanding of Biopharmaceutical development pipeline Experience in leading Digital Transformation Initiatives with Proven success in driving / working on Digital Product development and management in Biologics, Pharma and Medical Devices. · Candidates with good educational pedigree from organizations of repute. Skills that are important for the job Technical: · Fair understanding of API & Analytical Development (Generic R&D) · Good exposure to process automation programs, and data analytics projects. (Practical experience) · Innovative thinking and co-creation ability (Able to see through opportunities: Zoom in & Out) · Over all understanding of Generic Pharma landscape (R&D/ Mfg / QA) – Not only Marketing · Process re-engineering experience and being accustomed to principles of Lean management is preferred. · Agile based project management · Design thinking, UI/UX expertise. · Awareness of Generative AI for meeting customers needs. · Expertise in the fields of Automation, Simulation, Data Science and Digital twins Behavioral: Reasoning and analytical ability Leadership skills Agility and attention to detail Good communication skills · Ability to manage Stakeholders (Mid to senior level) and a self-starter · Good presentation and articulation skills · Ability to lead change management initiatives. · Ability to work in a fast-paced, team-based environment with minimal supervision. · Ability to articulate complexity and ambiguity in a clear, concise and compelling manner. · Ability to prioritize and manage multiple initiatives simultaneously. Things we do to help you grow You will find working at Dr. Reddy’s a rewarding experience. We actively help to catalyze your career growth and professional development through personalized learning programs. These can include external certifications as well as workshops and seminars. Efforts never unnoticed at Dr. Reddy’s. Top performers are duly appreciated, rewarded and retained, and that’s why over 95% of our high performers choose to stay with us. Choice of Benefits Offered The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things, your own laptop and other essential equipment, the flexibility to work from home, learning and development opportunities, insurance coverage for yourself (up toRs.3L) and your family and flexi-working hours Culture at Dr Reddy's We nurture an environment that promotes intelligent risk-taking and mutual respect irrespective of function or level because we believe that everyone is capable to of doing great things. Our people enjoy the space and freedom to experiment, innovate and put their talent to best use. They know that their efforts will be encouraged and rewarded. We foster a climate of trust and openness. Our employees have the freedom to express their opinion and share their ideas, confident that their voices will be heard and their interests safe-guarded. In turn, they are equally accessible and caring towards their colleagues. We also have several programs and measures in place to ensure their emotional, physical and mental well-being.