Paul Bedard & Jassi Chadha: Reimagining The Future of Pharma Customer Engagement
SHOW NOTES
On this episode of the Leading Minds, hosted by Jasmeet Sawhney, Jassi Chadha, President and CEO of Axtria, and Paul Bedard, Senior Vice President of Customer Engagement at Bayer US, dive into how customer-centric models are reshaping healthcare. Paul discusses Bayer’s implementation of Dynamic Shared Ownership (DSO), a transformative approach where teams work in 90-day cycles, focusing on outcomes and giving individuals autonomy to drive results. Jassi expands on how digital technology and data analytics are critical in refining customer engagement and utilizing AI to provide physicians with valuable insights from data they wouldn’t otherwise have access to. Together, they explore how innovations in AI, machine learning, and personalized customer engagement are shaping the future of healthcare and address the evolving challenges in pricing and accessibility. Their conversation culminates in advice for up-and-coming leaders in customer engagement, particularly in the life sciences industry.
IN THIS EPISODE:
- [3:37] Paul discusses Bayer’s reinvention of its organization to make it customer-centric by implementing Dynamic Shared Ownership (DSO)
- [6:14] Jassi speaks to the implementation of DSO
- [7:49] Paul dives deeper into outcomes measured every 90 days
- [9:40] Jassi explains how digital technology and data analytics play a role in customer engagement and defines how pharma customers are unique
- [14:39] Paul shares how machine learning has been utilized in the past and what he anticipates going forward
- [17:52] Jassi shares how customers are leveraging AI and how to show doctors multiple patient case studies they have no access to
- [23:39] Paul and Jassi discuss trends shaping customer engagement and solving more complex genetic diseases
- [27:54] The guests advise up-and-coming leaders in the customer engagement space in the life sciences industry
- [31:47] Jasmeet asks Jassi and Paul rapid-fire questions
Key Takeaways:
- The future of customer engagement in healthcare is shifting as health systems standardize and access to new products becomes more challenging. Organizations must adapt by demonstrating early value and offering support services, such as helping patients navigate Medicare changes. As treatments become more complex and innovative, engaging customers with thoughtful, targeted solutions will be key to staying relevant. Balancing innovation with accessibility and affordability will ensure continued success in this evolving landscape.
- Customer engagement in healthcare will be shaped by the increasing complexity and innovation in treatments, particularly in areas like gene therapy, rare diseases, and oncology. As scientific advancements lead to more nuanced and targeted therapies, patients and payers are demanding clearly defined outcomes. This trend will intensify as healthcare systems grapple with pricing models and ensure access to these cutting-edge treatments. The key to successful customer engagement will be balancing innovation with practical solutions for affordability and accessibility, ensuring that transformative treatments reach the patients who need them.
- A big part of the future of pharma customer engagement is how we serve patients better and make therapies affordable and accessible to people worldwide.
- AI and machine learning are transforming how pharma companies engage with customers by enabling more personalized, data-driven interactions. Predictive analytics, like "next best action," help target the right customers at the right time, improving outcomes for both patients and providers. As AI continues to evolve, it will enhance decision-making, streamline processes, and ensure meaningful engagement, even in virtual settings. Embracing these technologies will be key to staying competitive and delivering value in the future.
RESOURCE LINKS:
Guest Biography:
Jassi Chadha currently serves as President & CEO of Axtria. Since its founding in 2010, Axtria has become one of the biggest global leaders in the industry, with customers in over 135 countries.
Previously, Jassi was co-founder and CEO of marketRx, acquired by Cognizant Technology Solutions. Jassi and his companies have been featured in some of the most aspirational lists - INC
500, Deloitte FAST 50, NJBiz FAST 50, SmartCEO Future 50, Red Herring, and several other
growth, product, culture, and technology awards.
Paul Bedard is the Senior Vice President of customer engagement at Bayer in the U.S. He is based
in Whippany, New Jersey. Paul's career began at Eli Lilly in sales, after which he joined Bayer in
Canada. He has since held various executive roles in both Canada and the U.S., primarily focused on
sales, marketing, and new business development. Throughout his tenure, Paul has worked across
multiple therapeutic areas, including cardiovascular, women’s health, neurology, and hematology.
He holds a B.Sc. from McGill University and an MBA from McMaster University. His work is
driven by Bayer's mission of "Science for a Better Life," particularly focusing on improving patient
access to innovative treatments, such as Kerendia, a breakthrough medication for chronic kidney
About The Host
Jasmeet Sawhney
Jasmeet Sawhney is a life sciences industry executive, marketing leader, and serial entrepreneur with deep roots in technology and data analytics. He is currently the global head of marketing at Axtria. Jasmeet has over 20 years of experience in life sciences and has helped build and scale three successful companies. He has received several company and individual awards, including Inc 500, Deloitte Fast 500, Crain’s NY Fast 50, NJBiz Fast 50, Business of the Year, SmartCEO Future 50, Top CMO, Forty Under 40, and many more..
Quotes
“None of the physicians know the data on all the other patients in their practice or the health care
system. They have no capability of doing that. How can we convince them that when they see a
patient, we're giving them the correct answer, looking at all the patients they have in the practice?
That's where you start adding value to the doctor, and they want to engage more with you because
you're enabling them to treat the patients better.” Jassi Chadha
“So that is at the core of what we're trying to do, which is make sure that we've got outcomes that are
focused on customer needs, and then we're constantly assessing whether or not we're making
progress and improving.” Paul Bedard
Leading Minds Podcast
The Leading Minds podcast by Life Sciences Voice delves deep inside the minds of the top life sciences executives, including pharmaceuticals, biotech, medical devices, consumer health, animal health, and leaders from related industries. In every episode, we meet a leader who has made a lasting impact in the life sciences industry and continues to drive the industry forward. We go beyond the name and the title to unravel their personality, their beliefs, their mission, and most importantly, to understand how their brilliant minds are changing the world for the better while fueling growth for their companies and their teams. Whether you are on a leadership path of your own, or just here to learn from the experiences of these great leaders, this is the podcast for you!
Season 1
Episodes
Ramona Sequeira: Building a Global Organization with Local Understanding of Patient Needs at Heart
00:30:25
Devyn Smith: From a rural and humble upbringing to saving patient lives with cell and gene therapy
00:31:11
Amar Sawhney: Achieving Unparalleled Scale With A Foundation Built On Meaningful Science, Values, and Purpose
00:50:13
Gregory Rubert: Importance of leadership and a practical approach in product commercialization
00:32:38
Episode 1
Transformation and Leadership in the Medical Devices Industry
00:24:34