Executive Director, Portfolio & Product Strategy Theranostics

Novartis
Full-time$237k-439k/year (USD)East Hanover, United States

📍 Job Overview

Job Title: Executive Director, Portfolio & Product Strategy Theranostics

Company: Novartis

Location: East Hanover, New Jersey, United States

Job Type: FULL_TIME

Category: Product Strategy & Operations / Portfolio Management

Date Posted: April 1, 2026

Experience Level: 10+ Years

Remote Status: On-site

🚀 Role Summary

  • Lead the strategic direction, implementation, and performance measurement of integrated product strategies for specific therapeutic area indications within the US market, driving maximized impact and efficient resource allocation across commercial, medical, and development functions.

  • Contribute significantly to the full Profit & Loss (P&L) management of assigned products, partnering closely with functional leaders to optimize resource deployment and accelerate market success.

  • Act as a key member of the General Manager's Integrated Product Strategy Organization, demonstrating accountability for product/indication performance and exhibiting enterprise leadership across the US Pharma organization.

  • Champion transformational enterprise leadership, decisive strategy formulation, and agile execution to enhance patient outcomes, customer engagement, and healthcare system value through speed and efficiency.

📝 Enhancement Note: This role is positioned as an Executive Director, indicating a senior leadership capacity. The focus on "Theranostics" suggests a specialized area within oncology or precision medicine, requiring a deep understanding of both diagnostic and therapeutic elements. The emphasis on P&L management, cross-functional orchestration, and strategic transformation points towards a highly influential role with significant decision-making authority, typical of senior operations and strategy leaders in the pharmaceutical sector.

📈 Primary Responsibilities

  • Conduct comprehensive strategic assessments of competitor activities, including market situation analysis, strategic forecasting, operational benchmarking, and the development of compliant, cross-functional competitive response plans.

  • Proactively monitor and analyze competitor strategic plans and key developments to provide early warnings of threats and opportunities, ensuring successful implementation of prioritized initiatives and tactical plans.

  • Perform continuous surveillance of the disease area's healthcare and macroeconomic environment, including policy, regulatory, and health technology advancements, to identify emerging threats and opportunities that could impact portfolio growth and strategic planning.

  • Lead the design and execution of competitive planning initiatives, such as competitive simulations, for key products facing significant competitive events, ensuring the integrity of business intelligence activities and timely coordination with internal teams and external vendors.

  • Drive strategic planning for Lifecycle Management (LCM) across the Therapeutic Area portfolio, with a primary focus on maximizing the long-term value and commercial potential of existing and pipeline assets.

  • Collaborate closely with cross-functional teams, including Medical Affairs, Development, Strategy & Growth, Novartis Technical Operations, Regulatory, Finance, Supply Chain, Trade, and Market Access, to ensure the effective realization of LCM priorities and strategic objectives.

  • Act as a key liaison with Market Access, Medical, Business Development & Licensing (BD&L), Mergers & Acquisitions (M&A), Biomedical Research, Development, and Strategy & Growth (S&G) teams to inform US go/no-go decisions and define critical success factors for pipeline assets.

  • Provide critical commercial input into early asset development plans and drive the development of US-centric commercialization strategies for late-stage pipeline assets to inform strategic product profile development and ensure seamless transition to established Integrated Product Strategy Teams (IPSTs).

  • Maintain strong alignment and communication with the International Therapeutic Area (TA) teams to maximize commonalities in strategy and elevate critical differences for appropriate strategic discussion and decision-making.

  • Champion the development of center of excellence (CoE) capabilities within the product strategy team, fostering best practices and continuous improvement in strategic planning and execution.

📝 Enhancement Note: The responsibilities highlight a strategic, analytical, and highly collaborative role. The emphasis on competitive intelligence, LCM, and cross-functional liaison indicates a need for strong operational acumen and strategic foresight. The mention of "Theranostics" implies a unique challenge in coordinating diagnostic and therapeutic strategies, requiring a nuanced understanding of market dynamics and patient journeys.

🎓 Skills & Qualifications

Education: Bachelor's Degree required in a relevant scientific, business, or healthcare-related field. MBA or an advanced degree (e.g., PhD, MD) is highly preferred.

Experience: Minimum of 10 years of progressive commercial experience within the pharmaceutical, biotechnology, or healthcare sector, or a relevant consulting environment. This experience must encompass multiple functional areas, ideally including new product launches, pipeline strategy, and lifecycle management. Recent and significant US Market experience, covering various product lifecycle stages, is essential. Experience partnering effectively with Medical Affairs and Development teams to inform strategic choices is also a requirement.

Required Skills:

  • Strategic Planning & Execution: Demonstrated ability to develop and implement comprehensive, data-driven product strategies that maximize market impact and long-term value.

  • Lifecycle Management (LCM): Proven experience in managing and optimizing product portfolios across various stages of their lifecycle, from pre-launch to maturity.

  • Competitive Intelligence & Analysis: Expertise in performing thorough market and competitor analysis, developing strategic forecasts, and formulating actionable competitive response plans.

  • Cross-Functional Leadership & Collaboration: Ability to lead and influence diverse, cross-functional teams (Marketing, Sales, Medical Affairs, Market Access, Development, Finance, Supply Chain) to achieve common strategic goals.

  • P&L Management & Resource Allocation: Experience in managing product-level P&Ls and making informed decisions on resource allocation to drive optimal business outcomes.

  • US Market Acumen: Deep understanding of the US pharmaceutical market, including regulatory, market access, and payer dynamics.

  • Problem-Solving & Agility: Creative problem-solving skills and the ability to operate effectively in a dynamic, ambiguous, and high-visibility environment with tight deadlines.

  • Communication & Influence: Exceptional written and verbal communication skills, with the ability to influence and engage confidently with senior executive leadership.

Preferred Skills:

  • Theranostics/Oncology Expertise: Specific experience or a strong understanding of the Theranostics landscape, including diagnostic-therapeutic integration.

  • Insights & Analytics: Proficiency in leveraging market insights, data analytics, and advanced analytics techniques to inform strategic decisions.

  • Market Access & Payer Strategy: Experience in developing and executing market access strategies, understanding payer perspectives, and navigating reimbursement challenges.

  • Business Development & Licensing (BD&L): Familiarity with evaluating pipeline assets and potential business development opportunities.

  • Global/International Collaboration: Experience working with international teams and understanding global strategy alignment.

📝 Enhancement Note: The required skills emphasize a blend of strategic thinking, analytical rigor, and strong leadership capabilities essential for senior operations and strategy roles. The preferred skills highlight specialized knowledge that would be highly advantageous for a role focused on Theranostics. The inclusion of "autonomy" and "creative problem-solving" points to a need for an independent and innovative individual.

📊 Process & Systems Portfolio Requirements

Portfolio Essentials:

  • Strategic Framework Development: Proven ability to design and implement robust strategic frameworks for product portfolio management, including market assessment, competitive positioning, and long-term value maximization.

  • Case Study Documentation: Experience in developing compelling case studies that demonstrate successful product strategy implementation, including detailed analysis of market challenges, strategic responses, and measurable business outcomes.

  • Cross-Functional Process Integration: Ability to map, analyze, and optimize cross-functional workflows (e.g., LCM, competitive response, commercialization planning) to ensure seamless integration and efficiency.

  • ROI Demonstration: Proficiency in quantifying the return on investment (ROI) of strategic initiatives and resource allocations, presenting clear evidence of financial impact and business value.

Process Documentation:

  • Strategic Planning Workflows: Documented experience in designing and refining strategic planning processes, from initial market analysis to final strategy approval and execution planning.

  • Competitive Intelligence Gathering & Analysis: Established processes for systematic collection, analysis, and dissemination of competitive intelligence, ensuring timely and actionable insights for decision-making.

  • Lifecycle Management (LCM) Processes: Demonstrated ability to define and manage end-to-end LCM processes, including risk assessment, strategic adjustments, and cross-functional coordination for asset optimization.

  • Performance Measurement & Reporting: Processes for establishing key performance indicators (KPIs), tracking progress against strategic objectives, and reporting on product performance to senior leadership.

📝 Enhancement Note: For a senior strategy role, a portfolio showcasing structured strategic thinking, process optimization, and quantifiable results is critical. The emphasis on cross-functional process integration and ROI demonstration aligns with the operational demands of managing complex product portfolios in the pharmaceutical industry.

💵 Compensation & Benefits

Salary Range: The estimated salary range for this Executive Director position is between $236,600.00 and $439,400.00 USD per year. This range is subject to adjustments based on company and market factors, as well as the candidate's specific skills, experience, and qualifications.

Benefits:

  • Performance-Based Cash Incentive: An annual cash bonus program tied to individual and company performance.

  • Equity Awards: Eligibility for annual equity awards, depending on the role's level, providing long-term financial participation and alignment with company success.

  • Comprehensive Health & Wellness: Includes health insurance, life insurance, and disability benefits designed to support employee well-being.

  • Retirement Savings: A 401(k) plan with company contributions and matching to support long-term financial security.

  • Generous Time Off: A comprehensive package including vacation days, personal days, holidays, and other approved leaves to promote work-life balance.

  • Additional Benefits: Access to a variety of other benefits and resources detailed in the Novartis Life Handbook.

Working Hours: While the standard workweek is typically 40 hours, this senior leadership role may require flexibility to accommodate project deadlines, critical business needs, and global collaboration, often necessitating work beyond standard business hours.

📝 Enhancement Note: The provided salary range is substantial, reflecting the executive-level nature of the role and the critical responsibilities involved. The benefits package is comprehensive, typical of large pharmaceutical companies, and includes performance-based incentives and equity, common for senior strategic positions. The mention of flexibility in working hours is standard for leadership roles with significant P&L and strategic oversight responsibilities.

🎯 Team & Company Context

🏢 Company Culture

Industry: Pharmaceutical & Biotechnology. Novartis operates at the forefront of medical innovation, developing and commercializing novel therapies across a wide range of disease areas, including oncology, immunology, neuroscience, and cardiovascular health. This specific role within Theranostics suggests a focus on cutting-edge, personalized medicine approaches.

Company Size: Large Enterprise (Novartis employs tens of thousands of individuals globally). As a major pharmaceutical player, Novartis offers a structured environment with extensive resources, global reach, and opportunities for specialization and advancement.

Founded: 1996 (through the merger of Ciba-Geigy and Sandoz). Novartis has a long heritage in the pharmaceutical industry, built upon the legacies of its predecessor companies, emphasizing innovation, scientific rigor, and a commitment to patient well-being.

Team Structure:

  • Integrated Product Strategy Organization: This role is a key member of a senior leadership team, likely reporting to a General Manager (GM) for the Product or Portfolio. The team comprises functional leaders from Marketing, Sales, Market Access, Medical Affairs, Development, Finance, and other critical areas.

  • Reporting Structure: The Executive Director will likely have direct reports or lead significant project teams, with a clear reporting line to a GM. This structure emphasizes accountability and direct contribution to executive-level decision-making.

  • Cross-Functional Collaboration: The role necessitates deep and continuous collaboration with numerous internal departments and potentially external partners, requiring strong relationship-building and influence skills. The focus is on orchestrating diverse functional strategies into a unified, impactful product plan.

Methodology:

  • Data-Driven Decision Making: Emphasis on leveraging market insights, competitive intelligence, and financial data to inform strategic decisions and resource allocation.

  • Agile Strategic Planning: A focus on dynamic strategy formulation and execution, allowing for rapid adaptation to market changes, competitive actions, and evolving healthcare landscapes.

  • Transformational Leadership: Driving change and innovation within the organization to achieve higher quality, speed, and agility in product strategy and commercialization.

  • Patient-Centricity: Ensuring that all strategic decisions ultimately serve the best interests of patients, improving access to and outcomes from Novartis therapies.

Company Website: https://www.novartis.com/

📝 Enhancement Note: Novartis's standing as a global pharmaceutical leader provides context for the scale, complexity, and impact of this role. The emphasis on "Theranostics" indicates a strategic pivot towards innovative, personalized medicine, which requires a unique blend of scientific, commercial, and operational expertise. The team structure highlights a matrixed, collaborative environment common in large pharma, necessitating strong influencing skills.

📈 Career & Growth Analysis

Operations Career Level: This position is at the Executive Director level, signifying a senior leadership role with substantial strategic responsibility and decision-making authority. It implies leadership over a significant product or portfolio within a critical therapeutic area, with a direct impact on the company's financial performance and market position. This level typically requires extensive experience, a proven track record of success in complex strategic initiatives, and the ability to lead and inspire teams.

Reporting Structure: The role reports to a General Manager (GM) for the Product or Portfolio, placing it directly within the core leadership team responsible for the business unit's success. This close proximity to top leadership offers visibility and direct influence on strategic direction. The Executive Director is expected to manage relationships and collaborate with functional heads across the US Pharma organization.

Operations Impact: The Executive Director plays a pivotal role in shaping the commercial success and long-term viability of critical therapies. By leading integrated product strategies, managing P&Ls, and optimizing resource allocation, this role directly influences revenue generation, market share, patient access, and ultimately, Novartis's legacy in advancing healthcare. The focus on transformation and agility suggests an opportunity to redefine how products are launched and managed in a rapidly evolving market.

Growth Opportunities:

  • Advancement to General Management: Success in this role can be a direct pathway to General Manager positions, leading larger portfolios or entire business units within Novartis.

  • Therapeutic Area Leadership: Deepening expertise in Theranostics or expanding into leadership roles within broader oncology or other specialized therapeutic areas.

  • Global Strategy Roles: Opportunities to transition into global product strategy leadership roles, influencing strategy development on a worldwide scale.

  • Functional Leadership Development: Potential to move into broader commercial, strategy, or operational leadership roles within the organization.

  • Continuous Learning & Development: Novartis typically offers robust leadership development programs, executive coaching, and opportunities for continuous professional development in areas such as strategic thinking, change management, and advanced analytics.

📝 Enhancement Note: This analysis positions the role as a significant career milestone, offering clear pathways for advancement within a major pharmaceutical organization. The emphasis on strategic impact and leadership development is crucial for attracting high-caliber operations and strategy professionals.

🌐 Work Environment

Office Type: This role is designated as On-site, indicating that the primary work location will be at a Novartis office, likely in East Hanover, New Jersey. This setting typically fosters strong team collaboration, facilitates spontaneous interactions, and provides access to on-site resources and support.

Office Location(s): The primary location is East Hanover, New Jersey. This area is part of a significant pharmaceutical and life sciences hub, offering accessibility via major roadways and proximity to a skilled talent pool.

Workspace Context:

  • Collaborative Environment: The on-site nature of the role is conducive to frequent face-to-face meetings, workshops, and brainstorming sessions with cross-functional teams, essential for integrated strategy development.

  • Access to Resources: Employees will have access to Novartis's extensive corporate infrastructure, including advanced IT systems, research facilities (if applicable to the role's broader scope), and internal support services.

  • Team Interaction: The office environment facilitates organic team building, mentorship opportunities, and direct engagement with colleagues and senior leadership, fostering a strong sense of community and shared purpose.

Work Schedule: While a standard 40-hour workweek is implied, the demands of an Executive Director role with P&L responsibility, particularly in a dynamic market like Theranostics, suggest that flexibility and a willingness to work beyond standard hours will be necessary to meet critical deadlines and strategic objectives. This may include occasional evening or weekend work, especially during key planning cycles or product launch phases.

📝 Enhancement Note: The on-site requirement underscores the importance of in-person collaboration and leadership presence for this senior role. The East Hanover location places the individual within a key industry cluster, potentially offering networking and professional development advantages.

📄 Application & Portfolio Review Process

Interview Process:

  • Initial Screening: A review of your resume and application to assess alignment with the minimum requirements, focusing on commercial experience, strategic planning capabilities, and relevant therapeutic area knowledge.

  • Hiring Manager Interview: An in-depth discussion with the direct hiring manager (likely a GM) to evaluate strategic thinking, leadership style, cross-functional collaboration experience, and understanding of the Theranostics landscape. Be prepared to discuss your approach to P&L management and competitive strategy.

  • Cross-Functional Team Interviews: Meetings with key stakeholders from Marketing, Medical Affairs, Market Access, Development, and Finance. These interviews will assess your ability to collaborate, influence, and integrate diverse functional perspectives into a cohesive strategy. Expect scenario-based questions related to product challenges and opportunities.

  • Executive Leadership Interview: A final interview with senior executives to assess strategic vision, enterprise leadership capabilities, and cultural fit within Novartis. This stage often involves discussing your long-term career aspirations and how they align with Novartis's mission.

  • Case Study/Presentation: A common component for senior strategy roles. You may be asked to prepare and present a strategic analysis of a hypothetical product or market scenario, demonstrating your analytical skills, strategic framework, and communication abilities.

Portfolio Review Tips:

  • Strategic Impact Focus: Ensure your portfolio highlights projects where you drove significant strategic impact, not just operational execution. Quantify results wherever possible (e.g., market share growth, revenue increase, cost savings).

  • Process Optimization Examples: Include case studies demonstrating your ability to analyze, design, and implement improved strategic planning, LCM, or competitive intelligence processes. Detail the "before" and "after" states and the measurable benefits.

  • Cross-Functional Collaboration Showcase: Feature projects that required extensive collaboration with diverse teams. Describe your role in aligning stakeholders, managing differing opinions, and achieving consensus.

  • Theranostics Relevance (if applicable): If you have experience in Theranostics, oncology, or precision medicine, explicitly showcase this. If not, demonstrate transferable strategic skills and a strong capacity to quickly learn complex therapeutic areas.

  • Executive Communication: Structure your portfolio presentations for senior audiences – clear, concise, data-driven, and focused on strategic implications and business outcomes.

Challenge Preparation:

  • Strategic Problem-Solving: Practice analyzing complex business challenges, identifying root causes, and developing multi-faceted strategic solutions. Be prepared to discuss trade-offs and risk mitigation.

  • Competitive Strategy Articulation: Develop frameworks for analyzing competitive threats and opportunities, and practice articulating strategic responses that are both effective and compliant.

  • P&L and Resource Allocation Scenarios: Prepare to discuss how you would approach P&L management for a product, including making difficult decisions about resource allocation in competitive or resource-constrained environments.

  • Novartis Business Context: Research Novartis's current strategic priorities, key therapeutic areas (especially Theranostics and oncology), recent product launches, and competitive landscape. Understand their mission and values.

📝 Enhancement Note: The interview process emphasizes strategic thinking, collaboration, and executive presence. A well-curated portfolio showcasing quantifiable achievements and strategic process improvements will be critical. Preparation should focus on articulating strategic rationale, managing complex scenarios, and demonstrating leadership potential.

🛠 Tools & Technology Stack

Primary Tools:

  • CRM Systems (e.g., Salesforce): While not directly managed by this role, understanding how CRM data informs strategy, customer segmentation, and sales force effectiveness is crucial.

  • Business Intelligence Platforms (e.g., Tableau, Power BI): Proficiency in using BI tools to analyze market data, track product performance, and create executive-level dashboards is highly beneficial.

  • Project Management Software (e.g., Asana, Smartsheet): Useful for tracking complex, cross-functional initiatives, managing timelines, and ensuring accountability across teams.

  • Collaboration Suites (e.g., Microsoft Teams, Slack): Essential for day-to-day communication, document sharing, and virtual collaboration with global and local teams.

Analytics & Reporting:

  • Data Analysis Tools: Familiarity with advanced statistical analysis tools or methodologies might be required for deeper market insights.

  • Market Research & Forecasting Software: Experience with specialized tools used for market sizing, forecasting, and competitive analysis in the pharmaceutical industry.

  • Internal Novartis Analytics Platforms: Candidates are expected to quickly learn and leverage Novartis's proprietary analytics and reporting systems.

CRM & Automation:

  • Marketing Automation Platforms (e.g., Marketo, Pardot): Understanding how these platforms support commercial strategies and customer engagement is advantageous.

  • Data Warehousing & Integration Tools: Awareness of how data is integrated from various sources to provide a unified view for strategic analysis.

📝 Enhancement Note: While this role is strategic, a strong understanding of the underlying data, analytics, and technology that support commercial operations is essential. Familiarity with common enterprise-level tools used in pharma for CRM, BI, and project management is expected, along with the ability to quickly adapt to Novartis's specific technology stack.

👥 Team Culture & Values

Operations Values:

  • Patient Focus: A deep commitment to improving patient lives through innovative therapies, ensuring that strategic decisions prioritize patient needs and outcomes.

  • Integrity & Ethics: Upholding the highest ethical standards in all business practices, including competitive intelligence gathering and strategic planning, ensuring compliance with all regulations.

  • Innovation & Curiosity: A drive to explore new approaches, challenge the status quo, and embrace transformational strategies to address unmet medical needs and market dynamics.

  • Collaboration & Teamwork: Fostering an environment where diverse perspectives are valued, and cross-functional teams work cohesively towards shared goals, leveraging collective expertise.

  • Accountability & Agility: Taking ownership of strategic outcomes, demonstrating decisiveness, and adapting quickly to changing market conditions and business imperatives.

Collaboration Style:

  • Matrixed & Influential: Collaboration is typically conducted within a matrixed organizational structure, requiring significant influence, negotiation, and relationship-building skills to align diverse functional priorities.

  • Data-Informed Discourse: Discussions and decision-making are grounded in data, market insights, and rigorous analysis, fostering objective and evidence-based dialogue.

  • Proactive Engagement: A culture of proactive engagement across functions, ensuring early alignment on strategic direction and potential challenges, rather than reactive problem-solving.

  • Feedback & Continuous Improvement: An open environment for constructive feedback, enabling continuous refinement of strategies, processes, and team dynamics.

📝 Enhancement Note: The values emphasize a patient-centric, ethical, and innovative approach, common to leading pharmaceutical companies. The collaboration style highlights the need for strong interpersonal and influencing skills within a complex, matrixed organization.

⚡ Challenges & Growth Opportunities

Challenges:

  • Navigating a Complex & Evolving Market: The Theranostics landscape is rapidly advancing, requiring continuous learning to stay ahead of scientific breakthroughs, competitive entries, and evolving regulatory and market access environments.

  • Balancing P&L and Patient Impact: Effectively managing the financial performance of products while ensuring optimal patient access and outcomes requires strategic trade-offs and innovative solutions.

  • Orchestrating Diverse Functions: Aligning the disparate goals and priorities of multiple departments (e.g., R&D, commercial, medical, market access) into a unified, high-impact strategy can be complex.

  • Driving Transformational Change: Leading initiatives that require significant shifts in organizational behavior, processes, or technology adoption within a large, established company.

  • High Visibility & Tight Timelines: Operating under significant pressure due to the high stakes of product strategy in the pharmaceutical industry, with demanding timelines for decision-making and execution.

Learning & Development Opportunities:

  • Advanced Strategic Frameworks: Opportunities to deepen expertise in cutting-edge strategic planning methodologies, competitive analysis, and portfolio optimization techniques.

  • Industry Leadership Exposure: Direct engagement with senior leaders and participation in high-level strategic discussions provide invaluable insights into executive decision-making.

  • Theranostics/Oncology Specialization: Potential for deep subject matter expertise development in a cutting-edge therapeutic area.

  • Executive Coaching & Mentorship: Access to formal coaching and informal mentorship programs designed to enhance leadership capabilities and career progression.

  • External Conferences & Training: Opportunities to attend leading industry conferences and specialized training programs to stay abreast of the latest trends and best practices in pharmaceutical strategy and operations.

📝 Enhancement Note: This section acknowledges the inherent complexities of the role and the industry, framing them as opportunities for professional growth and skill enhancement. This balanced perspective is crucial for attracting ambitious candidates.

💡 Interview Preparation

Strategy Questions:

  • "Describe a time you developed and executed a product strategy for a product facing significant competitive pressure. What was your approach, what were the key challenges, and what were the measurable outcomes?" (Focus on strategic framework, competitive analysis, execution, and ROI).

  • "How would you approach managing the P&L for a new Theranostic product with a complex diagnostic component? What key financial and operational levers would you focus on?" (Assess P&L understanding, resource allocation strategy, and operational foresight).

Company & Culture Questions:

  • "Based on your research, what do you see as Novartis's biggest strategic opportunities and challenges in the Theranostics space, and how would your role contribute to addressing them?" (Demonstrate company research and strategic alignment).

  • "Describe your experience working in a matrixed organization. How do you build consensus and drive alignment among diverse functional stakeholders with competing priorities?" (Assess collaboration style and influencing skills).

Portfolio Presentation Strategy:

  • Executive Summary First: Begin with a concise overview of the project's objective, your role, the key strategic actions taken, and the most significant quantifiable results.

  • Focus on Strategic Rationale: Clearly articulate the "why" behind your strategic choices. What market insights, competitive dynamics, or unmet needs drove your decisions?

  • Quantify Impact: Use data and metrics (e.g., market share, revenue growth, cost savings, patient access improvements) to demonstrate the tangible impact of your work.

  • Highlight Collaboration: Explicitly describe how you partnered with other functions and the role each played, showcasing your ability to lead through influence.

  • Address Challenges & Learnings: Be prepared to discuss obstacles encountered and how you overcame them, demonstrating resilience and a capacity for learning.

📝 Enhancement Note: Tailoring responses to Novartis's specific context, especially regarding Theranostics and their strategic objectives, will be key. Emphasizing quantifiable results and demonstrable leadership in complex, cross-functional environments is crucial for this senior role.

📌 Application Steps

To apply for this Executive Director, Portfolio & Product Strategy Theranostics position:

  • Submit your application through the Novartis Careers portal via the provided link.

  • Portfolio Customization: Prepare a concise executive summary of your most impactful strategic initiatives (2-3 key projects). For each, clearly outline the objective, your strategic approach, cross-functional collaboration, key challenges, and quantifiable outcomes (e.g., market share growth, revenue impact, ROI). Ensure it reflects your experience in product strategy, LCM, and competitive analysis, with specific relevance to pharmaceutical or healthcare markets.

  • Resume Optimization: Tailor your resume to highlight the 10+ years of commercial experience, multi-functional roles, US market launch experience, P&L management, and strategic planning expertise. Use keywords from the job description and incorporate quantifiable achievements.

  • Interview Preparation: Practice articulating your strategic thinking, leadership style, and problem-solving abilities using the STAR method (Situation, Task, Action, Result). Be ready to discuss case studies from your portfolio and address hypothetical strategic scenarios relevant to Theranostics and competitive markets. Research Novartis's current strategy, particularly in oncology and Theranostics.

  • Company Research: Gain a deep understanding of Novartis's mission, values, therapeutic areas of focus (especially Theranostics), recent product news, and competitive positioning. Prepare thoughtful questions about the role, the team, and Novartis's strategic direction.

⚠️ Important Notice: This enhanced job description includes AI-generated insights and operations industry-standard assumptions. All details should be verified directly with the hiring organization before making application decisions.

Application Requirements

A Bachelor's degree is required, with an MBA or advanced degree preferred. Candidates should have a minimum of 10 years of commercial experience in the pharmaceutical or healthcare industry, including experience in cross-functional roles.