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Head of Transformation Office / COO

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Location: London Salary: Competitive Compensation
Sector: Healthcare / Pharma Specialism: Operations / Change / Transformation, Strategy
Type: Permanent Contact: Thomas Rodwell
COMPANY:

We have been retained by a leading global Private Equity fund to appoint a C-suite level, senior professional to take responsibility for driving the transformation and value creation plan for a newly acquired European pharmaceutical business.

ROLE:

The successful individual will be responsible for taking ownership of the transformation and value creation plan. Working with the CEO and private equity investors to ensure their ambitious plans are executed.


Responsibilities will include, but will not be restricted to:

•Designing and seeing to completion a portfolio of initiatives which reflect the management team’s key priorities, contributing to the overall success of the Company’s business plan

•Setting up and guiding a Transformation Office that will serve as the nucleus for managing the portfolio of initiatives

•Managing and mentoring the members of the Transformation Office, who will be full-time supporting initiative implementation

•Acting in a "challenge and support" role vis-à-vis the initiative owners, helping them deliver the targeted results

•Making sure the initiatives are resourced adequately to deliver their objectives (both internal and – where needed – external resources)

•Coordinating cross-functional initiatives

•Acting as a first escalation level in resolving critical issues and involving the management team appropriately where further escalation is required

•Ensuring initiatives move into implementation, and to guide them to fast and pragmatic execution

•Creating transparency and visibility by initiative progress tracking in order to allow for better and faster decision making and results predictability

•Working alongside finance to ensure all critical financial value creation parameters of the initiatives are made transparent

•Being a service/support function for the organization  allowing the functions and country organization to focus on implementation

•Providing consistency to internal discussions and progress reviews, which will take place at various levels (e.g., steering committee meetings, transformation review meetings, management board meetings, advisory board meetings)

 

REQUIREMENTS:

• Mix of consulting and operational experience, ideally the latter gained in a portfolio company of a private equity sponsor

• Ideally background from tier 1 strategy consulting firm plus operational management experience (cost centre or P&L responsibility)

• Industry experience from pharmaceutical or related industries (e.g., chemicals)

• Value creation experience ideally with:

- Commercial excellence/salesforce effectiveness

–          Product development/product launch execution

–          Procurement/sourcing/make-or-buy decision making

–          Operational transformation (supply chain management, lean operations)

• Working experience across Europe, ideally including CEE; with a good understanding and sensitivity to cultural differences

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