Pharmaceuticals and Life Sciences Advisory Establishing a ... · Defining Social Media...

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Establishing a Social Media (Monitoring) Program Max Duprat, Director, Life Sciences Advisory October 20, 2010 Pharmaceuticals and Life Sciences Advisory

Transcript of Pharmaceuticals and Life Sciences Advisory Establishing a ... · Defining Social Media...

Page 1: Pharmaceuticals and Life Sciences Advisory Establishing a ... · Defining Social Media Participation Establishing the Foundation of the Organization’s Social Media Guidance What

Establishing a Social Media (Monitoring) Program

Max Duprat, Director, Life Sciences Advisory

October 20, 2010

Pharmaceuticals and Life Sciences Advisory

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The Case for Establishing a Social Media Program

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Social Media in Pharma: The Challenge and the Opportunity

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The Challenge

The Opportunity

Transforming Relationships and

Developing Industry Trust by Association

With Established Communication

Bi-Directional Exchange

of Information within a Regulated

Speech Industry

Utilizing Business Processes Built

for a Less Dynamic Model to

“ Real Time” Social Media

Separating Insight from Noise to make Social Media Data

Valuable

Connecting with Customers in this

Growing and Dynamic Channel

Expanding the Reach Of Customer Communication by Going Where the Customers Are

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The Social Media Monitoring LandscapeThe list of listening tools and services continues to grow

5http://wiki.kenburbary.com/Source:

Search

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Strategic Activities to Get Started

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Identifying the Stakeholders and Initiative Leaders

A comprehensive organizational approach is

essential to set clear direction, gain adoption,

mitigate risk and establish the

support systems to implement

and operate social media

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Assessing Social Media Uses, Value and Risk

Develop fan base

Product information

Buzz/Tribal Marketing

Counter mis-information

Brand Protection

Competitive insight

Product-specific risk

Patient support community

Non-branded tactics

Develop trust and credibility

Target segment insight

Product class risk

Corporate goodwill

Recruiting

Business Development

Scientific Exchange

Corporate branding

Corporate security

Catastrophic events

Mitigate risk and litigation

Therapeutic Area(non-branded)

Enterprise(corporate brand)

Participate

Listen

Product(product branding)

Area of Business Focus

Leve

l of E

ngag

emen

t

Lead

Customer Segment Focus: HCPs, Consumers, Other Customers

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Defining the Objectives

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Strategy Operations

Technology

Brand Teams

HCP Marketing

Consumer Marketing

Brand PRLegal

External Counsel

Privacy

Drug Safety

Regulatory

Senior Management

Medical Affairs

Risk & Compliance Marketing

Analytics

Application Development

IT Project Management

Corporate PR

InfrastructureWeb Development

Corporate Security

Service Applications

PR Agency

HCP Agency

DTC Agency

Interactive Marketing

Monitoring Vendors

Corporate Security

Adverse Events

Risk & Compliance

Social Media Program

Assessing the Organizational Impact

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HR

External resources

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Defining Social Media Participation

Establishing the Foundation of the Organization’s Social Media Guidance

What groups within the organization will participate and for

what purpose

What are the various roles of the participants- observer, active

participant, leader and/or moderator

and what parameters will dictate the role

How does participation vary by internals roles and

functional areas

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Defining the External Universe

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Developing the Social Media Guidance

Social MediaTeam

Social Media Participation

Social Media Universe

Social MediaBusiness Value and

Risk

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A Systematic Approach for Establishing a Program

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Operationalizing Social Media

Operating Model

Implementation Plan

Process Integration

Monitoring and

Reporting

Assess Performance

Strategic Activities

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Integrating Social Media Processes into the Business

Key Processes

Content Conversion Processes

Communication Template Design and Approval Processes

Data Collection Processes

Data Integration Processes

Social Media Interaction Design

and Approval Processes

New Social Media

Initiative Processes

Drug Safety Reporting Processes

Data and Reporting Access

Processes

Social Media Event MLR Processes

Social Media Response Decision

and Approval Processes

Security Reporting

Processes

Privacy Processes

Social Media Team Escalation Processes

PR Escalation Processes

Regulatory Escalation Processes

Legal Escalation Processes

Communication, Drug Safety, Security, Regulatory and Legal Training

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Establishing a Social Media Monitoring and Reporting Model

Social Media Data

Significant Volume

Highly Unstructured

Broad Variability

Data Model

Data Filtering

Data Synthesis

Data Analysis

Development Operations

Reports & Insight

Plan to integrate social media

data into existing reporting

environments

Rules based technology to bring

relevance plus surveillance

for adverse event and regulatory

monitoring

Filtered data is categorized in preparation for

analysis in accordance with

data guidance and processes

Social media data is analyzed for

patterns, insights and value and risk

parameters

Standard andad-hoc reports

to assess participation

framework, business insight and process

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Closing Comments

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pwc

Max DupratDirector, Life Sciences Advisoryemail: [email protected]: 917-405-4816www.pwc.com/us/pharma