Adaptive strategy implementation through the introduction of the OKR framework in the pharmaceutical industry

Initial situation

  • A globally active Swiss pharmaceutical company needed support in implementing its vision for 2030
  • The market environment was characterized by declining post-COVID demand and simultaneously increasing competition in innovation and personalized diagnostics
  • The company did not have a uniform procedure for operationalizing and implementing the strategy
  • It was important to the company to give managers and employees a high degree of involvement in the implementation of the strategy
  • An approach to collaborative strategy implementation should be introduced and trained

Achievements

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Support employees in applying and learning the OKR method
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The strategic initiatives were implemented in 15 months.
Clear goals
Developed and implemented together as a team using the OKR method

Our approach

  • Developing a collaborative approach based on the OKR framework
  • Formulate a convincing story to involve and inspire everyone involved in the change process
  • Develop training formats to qualify all participants according to their future role in the process
  • Carry out regular retrospectives to continuously improve the new working methods
  • Supporting employees in the practical transfer of the OKR method and creating broad acceptance