Currently in D commercial insights role at mid sized pharma. Amazing WLB, remote w/great intl travel, but ultimately role won’t evolve past market research and offering insights to marketing and BD team. Have offer for D strategy role at Big Pharma. Would be hybrid, mostly US travel, but role shifts to center of some critical issues. WLB would decrease but estimated TC increases by 65K.
For those already in industry, what are your thoughts on strategy as a function? Career progression? TIA

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In case of BMS, strategy and commercial always seems to be the first to be chopped during tough seasons. Given current market, if you have created greater stability in your current position, I’d personally suggest staying unless you really need the money. Congratulations on the offer.
I’m in tech strategy fyi.

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Absolutely possible that you’d lose significant WLB with the loss of headcount for nearly all big pharma. Career progression will likely stall as 98%+ will likely cap out at director level as these are political roles and usually have the ear of VP’s and other execs you’d be waiting to replace at the top. Cost of living in NJ isn’t that great either imo.

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Are you able to move internally? Insights is stagnant after a point, but is there a possibility of internal rotation for say marketing or BD?

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Eventually, yes. I’m just struggling with being patient for something to open up. Everyone is just staying put in their roles because of this market. The only roles that seem to open up are SM or AD level and I really don’t want to move backwards.

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