Johnson & Johnson How many FTE at a Biopharma company actually feel consultants are valuable for the Pharmaceutical Industry? AstraZeneca Merck Pfizer Johnson & Johnson GSK Bristol Myers Squibb Gilead Sciences Eli Lilly and Company Roche

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That depends…I’ve dealt with a few consulting companies in various roles and to be honest, a lot of the time it’s an idea will be proposed, leadership brings in consultants to basically end up with the same outcome, they leave, then the FTEs are responsible for making it happen….

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Last couple of years, we had an operational improvement project thrust on us by a remote Jnj project manager who reported to some remote VP. They hired 7 Deloitte people. Made a lot of noise. Made a lot of PowerPoints. No real improvement ever happened- but I am sure the remote people think they did a great job.

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I find most of these consultants are great with loose business concepts, pulled statistics, fluff and fancy slide decks.

You can't directly measure their impact until, as you mention they land a role internally, only to create NO real value, because they can't execute, only consult.

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Unfortunately, many consultants don't have internal experience within these companies to fully understand the complexities and adequately inform these decision makers.

In fact, I find many of them want to exit their agencies to get into Pharma through the "back door."

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Not even remotely. No accountability for any decision. Often ever in their careers

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What do you mean by “back door”?

Don’t folks from consulting go through the official hiring process for an advertised position that listed “must have x yrs of consulting experience” as one of the job requirements?

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I barely feel the agencies are worth it … but that’s just me 🥴🥴 everyone else seems to love them.

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They are great at framing the overall issue they were hired for and getting PPT decks back fast. Besides that they don’t serve any value

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Omg, can’t believe every pharma is complaining about those consultants. Why do the stupid management keep hiring them?

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Overall they are bad for industry. Biggest group of BS’ers I’ve ever met. The value they provide is shielding executives from bad/unpopular decisions, e.g. spinning layoffs positively as “organizational restructuring” to improve efficiency/synergy. Watch John Oliver’s episode about McKinsey…it’s a crackup!

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I did see the John Oliver segment on McKinsey, pretty on point. Happy he brought this to light!

What I find appalling in some of these consultants, is their sheer arrogance.

Insulated in their own agency experience and being surrounded by like minds, a limited number have never experienced holding any titles in Pharma. to provide solutions.

However, they claim to solve pharma pain points by using their "frameworks."

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Lol framework my A-S-S

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