How It Savvy Is the Pharma Industry?

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How IT Savvy is the Pharmaceutical Industry?

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How IT Savvy is the Pharmaceutical Industry?

According to Peter Weill and Jeanne Ross, authors of the book, “IT Savvy: What Top Executives Must Know to Go from Pain to Gain”, IT Savvy firms need platforms of digitized processes that can make companies more agile and boost company performance. "The purpose of a digitized process platform is to disengage people from processes that are better performed by machines," the authors say. Therefore, that frees people up to focus on the key success drivers within the pharmaceutical industry, such as innovation and process excellence, which are embedded with dimensions of speed, quality, and decision making .

My company
The results obtained from the ‘How IT Savvy are you and your colleagues’ assessment showed the following: • The IT savvy score is 19.3, so the return we get per dollar invested in IT is above the industry average, in accordance with the assessment interpretation. There are still areas for continuous improvement. • The two major areas for implementing some enhanced processes are the cross -functional team shared experience and the simplification of business procedures. A real-life example of the previous topic regarding shared experience is the use of some customer service relevant data captured in one business area (market analysis) which is not taken into account throughout the company as an important tool to improve service, reduce costs and add value. The feasible solution could be to present data in standard formats, integrate it, store it in a database and make it easily accessible to every department and division. Becoming an analytics competitor could differentiate you from the rest of the group because by using a data-collection technology and analysis, you may take the lead and over perform in a very crowded…...

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