Vice President Commercial Excellence
Key Responsibilities
- Program Leadership:
- Establish and lead the Commercial Continuous Improvement program, ensuring alignment with the company’s goals
- Recruit and staff the Commercial Excellence team
- Coordinate cross-functional teams to execute initiatives effectively
- Foster a culture of commercial excellence across the organization through training, coaching, and knowledge sharing initiatives
- Collaborate with executive leadership to align commercial strategies with business objectives
- Communicate progress and results of commercial initiatives to key stakeholders
- Collaborate with cross-functional teams to ensure alignment and execution of commercial strategies
- Continuously identify and implement commercial improvement potentials
- Utilize data and analytics to monitor performance and identify areas for enhancement
- Implement measures to increase sales efficiency in collaboration with interdisciplinary teams
- Commercial Strategy Development:
- Develop and implement commercial strategies that align with the company’s overall business objectives.
- Identify and capitalize on opportunities to drive profitable growth.
- Ensure consistency of the commercial strategy, including: commercial organization, commercial & pricing policies, forecasting capabilities, implementation of commercial best practices and sales force engagement
- Sales team Effectiveness:
- Lead initiatives to enhance the effectiveness of our salesforce
- Develop and lead implementation of best practices for sales processes, systems, training, and performance management
- Strategic Pricing
- Create and oversee pricing models that align with the company’s overall objectives, market conditions, and competitive landscape, ensuring profitability and market competitiveness.
- Continuously monitor market trends, customer behavior, and competitor pricing strategies to identify opportunities or risks and make data-driven adjustments to pricing strategies.
- Work closely with Sales, Marketing, Product Development, and Finance teams to ensure pricing strategies are aligned with business goals and product value propositions.
- Analyze data to optimize pricing structures, improve profit margins, and recommend adjustments to ensure pricing is aligned with demand elasticity and market changes.
- Track the effectiveness of pricing strategies, measure their impact on revenue and profitability, and provide regular reports to senior management to support strategic decision-making.
- Product/Service Optimization:
- Optimize the product and service mix to meet market demands and maximize revenue (and margin) generating opportunities
- Conduct market analysis to identify trends and opportunities for new product/service offerings
- Customer Focus:
- Refine customer selection and segmentation criteria to ensure the company targets high-value clients
- Develop strategies to improve customer satisfaction and retention
- Ensure that all improvements have our customers best interest in mind reinforcing customer centricity
- Utilize customer insights to inform commercial strategies and improve customer experience
- Lead initiatives focused on customer success, ensuring clients achieve their desired outcomes through the company’s products and service
- Contract Management:
- Oversee the management of commercial contracts to ensure favorable terms and compliance with company policies
- Work closely with legal and procurement teams to negotiate contracts that support business goals
- Inside Sales:
- Develop and implement strategies to enhance the performance of the inside sales team
- Ensure the inside sales function is aligned with broader commercial strategies to maximize revenue
- Sales Controlling / Commercial Steering / Revenue Assurance:
- Oversee commercial steering / sales controlling activities, including the monitoring, analysis, and management of performance metrics (KPIs) to ensure alignment of sales and commercial activities with overall business objectives
- Monitor and analyze key performance indicators (KPIs) to steer commercial activities in the right direction
- Identify, analyze, mitigate, and prevent revenue leakage through a range of measures to reduce risks of losses due to errors, negligence, or fraud while identifying opportunities to increase revenues and maximize profits
- Digital Enablement:
- Lead the digital enablement of commercial processes to enhance efficiency, data-driven decision-making, and customer engagement
- Implement and oversee digital tools and platforms that support commercial excellence initiatives
- Ensure the integration of digital technologies within the commercial transformation strategy
- Market and Competitive Landscape Analysis:
- Conduct thorough analysis of the competitive landscape to identify industry trends, threats, and opportunities
- Develop strategies to position the company competitively in the market
- Monitor competitor activities and performance to inform strategic decision-making
- Conduct market and consumer analyses to identify trends and opportunities for new product/ service offerings
- Senior Leadership Team Membership:
- Participate as a key member of the Senior Leadership Team for the Americas region.
- Contribute to broader strategic decisions and initiatives across the region.
- Collaborate with other senior leaders to drive the overall success and growth of the Americas business.
Qualifications
- Education:
- Bachelor’s degree in Business Administration, Marketing, or a related field.
- MBA or equivalent advanced degree preferred.
- Experience:
- Minimum of 10 years of experience in commercial roles with a focus on commercial strategy and transformation
- Proven track record of leading successful commercial initiatives and driving revenue growth in similar environments
- Skills:
- Strong strategic thinking and analytical skills
- Excellent leadership and team management abilities
- Proficiency in data analysis and performance metrics
- Effective communication and interpersonal skills
- Ability to influence and collaborate with cross-functional team
The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.