Pharmaceutical Market Research Management Template

Pharmaceutical Market Research Management in Priority Matrix

Organize and prioritize market research tasks in the pharmaceutical industry to uncover valuable insights.

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Proposed Tasks

Critical and Immediate

• Identify Market Research Tasks - Due in 1 week
  ☐ Identify all necessary tasks related to market research ☐ Assign tasks to team members ☐ Set deadlines for each task
• Identify Potential Opportunities - Due in 1 month
  ☐ Identify opportunities for new products/services ☐ Assess feasibility of these opportunities
• Identify Potential Threats - Due in 5 weeks
  ☐ Identify potential threats to our business ☐ Develop strategies to mitigate these threats
• Conduct SWOT Analysis - Due in 10 weeks
  ☐ Identify strengths, weaknesses, opportunities, and threats
• Develop Market Research Report - Due in 3 months
  ☐ Compile all research findings into a report ☐ Present report to stakeholders
• Implement New Business Strategy - Due in 4.5 months
  ☐ Implement the updated business strategy
• Train Team on New Strategy - Due in 5.5 months
  ☐ Train our team on the updated business strategy
• Revise Business Strategy - Due in 6.5 months
  ☐ Revise our business strategy based on the performance review
• Implement Revised Strategy - Due in 7 months
  ☐ Implement the revised business strategy

Critical but not Immediate

• Conduct Competitive Analysis - Due in 2 weeks
  ☐ Identify main competitors ☐ Analyze competitors' strengths and weaknesses ☐ Compare our products/services to competitors'
• Analyze Market Trends - Due in 3 weeks
  ☐ Identify current market trends ☐ Analyze impact of trends on our business
• Update Business Strategy - Due in 4 months
  ☐ Update our business strategy based on market research findings
• Review Business Performance - Due in 6 months
  ☐ Review our business performance after implementing the new strategy
• Evaluate Market Research Project - Due in 8 months
  ☐ Evaluate the success of the market research project

Not Critical but Immediate

• Gather Customer Feedback - Due in 6 weeks
  ☐ Develop a customer survey ☐ Analyze survey results
• Analyze Sales Data - Due in 2 months
  ☐ Analyze past sales data ☐ Identify patterns and trends
• Review Research Methodology - Due in 5 months
  ☐ Review our research methodology and make improvements if necessary

Not Critical or Immediate

• Monitor Business Performance - Ongoing
  ☐ Monitor our business performance on an ongoing basis
• Monitor Market Changes - Ongoing
  ☐ Monitor the market for any significant changes
• Organize Research Findings - Due in 3.5 months
  ☐ Organize all research findings into a digital database