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Reshaping the future of pharma

Reshaping the future of pharma

Four critical capabilities for 2030

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Anna Marie Detert

Partner, Corporates

KPMG in the UK

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Pharma outlook 2030 capabilities- Bridge with vehicles

No one would dispute that the rules of engagement in global pharma are changing rapidly. Firstly, we see that power is re-balancing across the healthcare value chain and forcing a downward pressure on pricing. Secondly, the swing from treatment to prevention is attracting a host of new entrants, like tech start-ups, which is also challenging to incumbent global pharma.   

Pharma companies of today must get ahead and anticipate these shifts, fundamentally re-imagining their businesses, operating models and capabilities to remain relevant and competitive. Through conversations with our clients and leveraging our industry expertise, we have identified four critical capabilities in order for global pharma’s to remain agile, strive toward operational excellence and we propose are critical for survival: 

  1. Patient intimacy, more so than ever before we see patients increasingly in control
  2. Data science driven, on the back of the rapid increase in SMART technology
  3. Extreme partnering, driven by the need for agility for survival through collaboration
  4. Risk and compliance savvy, as the push for continuous innovation forces new risk/ reward trade-offs 

Embracing an outside-in approach, we look at how other sectors have adapted to similar disruption, and call People Leaders in global pharma to harness workforce shaping as a means of accessing these critical capabilities and the re-shaping of current business models.

Download the Reshaping the future of pharma (PDF 2.68MB) report to find out more.

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