The Evolution of Medical Affairs: Creating a Competitive Advantage
Veeva Systems Inc
@VeevaSystems
Published: July 13, 2017
Insights
This video, presented by Robert Groebel, Vice President for Global Medical Strategies at Veeva Systems, explores the critical evolution of the Medical Affairs (MA) function and how it can transition from a supportive role to a source of competitive advantage within life sciences organizations. The central challenge facing modern MA teams is navigating complex stakeholder networks and delivering specialized scientific data throughout a drug's lifecycle, often hampered by technological fragmentation. Groebel posits that MA, due to its scientific expertise and peer-to-peer credibility, is uniquely positioned to solve these industry problems, provided it addresses its underlying technology debt.
The core technological hurdle identified is the prevalence of multiple disconnected data sources across MA, involving various vendors and fragmented points of view. These systems are often not harmonized, limiting their long-term strategic value and incurring high maintenance costs. The speaker emphasizes that the path to competitive advantage lies in harmonizing these systems and data points to provide true strategic insights to the broader organization. This requires MA to shift its operating model from an "inside-out" approach (pushing information) to an "outside-in" approach (validating community needs and responding appropriately).
Achieving strategic differentiation requires MA to focus on three key areas: metrics, partnering, and organizational mission. Metrics must evolve beyond simple activity tracking to include both qualitative and quantitative measures that align directly with broader organizational objectives. Furthermore, MA must improve internal partnering across the organization to drive collective effort, ensuring stakeholder engagement is tailored to the product lifecycle and existing data. Ultimately, the mission of MA should center on driving scientific credibility and coordinating efforts to maximize customer value. This transformation is enabled by bringing all information together, often in the cloud, and utilizing CRM systems, engagement tracking, and content management to place the healthcare professional (HCP) at the center of the conversation. By evolving strategically, MA can improve decision-making through better insights, track better engagements, and significantly increase productivity, moving the function toward strategic differentiation.
Key Takeaways: • Technology Fragmentation is the Primary Barrier: Medical Affairs is currently challenged by multiple disconnected data sources, fragmented vendor ecosystems, and limited points of view, which prevents the generation of long-term strategic value and increases maintenance costs. • Harmonization is Essential for Strategic Insight: The critical technological step for MA is harmonizing disparate systems and data points to provide the larger organization with true strategic insights, moving beyond simple operational reporting. • Shift from Inside-Out to Outside-In: MA must adapt its strategy by shifting from driving information based on internal organizational needs (inside-out) to validating the information needs of the external community and providing responses aligned with individual channel preferences (outside-in). • Metrics Must Be Strategic and Comprehensive: Effective MA requires metrics that are both qualitative (measuring impact and credibility) and quantitative (measuring activity and reach), ensuring they ultimately align with the broader organizational objectives, not just departmental goals. • Physician Centricity through Data: The evolution involves placing the physician at the center of the conversation and effort, which is achieved by leveraging data captured through CRM systems, engagement tracking, event management, and content sharing. • Continuous Evaluation of Needs: Engagement strategies and informational needs must be constantly evaluated over time, as both the data and the stakeholder requirements will inevitably shift throughout the product lifecycle. • Organizational Alignment Drives Value: MA must actively partner with other organizational functions to drive a collective effort forward, ensuring that the mission—driving scientific credibility—is coordinated across the enterprise to maximize customer value. • Competitive Advantage through Differentiation: The ultimate goal of MA evolution is to create a competitive advantage by improving decisions through better insights, tracking better engagements, developing scientific credibility, and increasing functional productivity. • Leveraging CRM Systems: CRM systems are explicitly mentioned as a core technology for capturing engagement data and tracking the development of events and interactions with physicians, forming the backbone of the data strategy.
Tools/Resources Mentioned:
- CRM Systems: Used for capturing engagement data, tracking interactions, and developing events with physicians.
- Cloud Technology: Recommended as the environment for bringing all disparate MA data and information together for harmonization.
Key Concepts:
- Outside-In Strategy: An approach where the organization prioritizes understanding and responding to the validated needs and preferences of external stakeholders (e.g., healthcare professionals) rather than simply pushing internal information outward.
- Scientific Credibility: The core mission and value proposition of Medical Affairs, which must be maintained and coordinated across the entire organization to drive customer value.
- Strategic Differentiation: The outcome of the MA evolution, where the function moves beyond operational support to become a source of unique competitive advantage and strategic insight for the overall life sciences company.