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

Initial situation

  • A globally operating Swiss pharmaceutical company required support in implementing its vision for 2030
  • The market environment was shaped by declining post-COVID demand and, at the same time, increasing competition in innovation and personalized diagnostics
  • There was no standardized approach within the company to operationalize and implement the strategy
  • The company placed great importance on enabling both leadership and employees to actively participate in implementing the strategy
  • A collaborative approach to strategy execution was to be introduced and trained

Achievements

0
Employees supported in applying and learning the OKR method
0 %
Of strategic initiatives implemented within 15 months
Clear goals
Jointly developed and implemented in the 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