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HEC-Ecole de gestion de l'Université de Liège
HEC-Ecole de gestion de l'Université de Liège
MASTER THESIS

Mémoire-projet

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Puccio, Andrea ULiège
Promotor(s) : Pironet, Thierry ULiège
Date of defense : 16-Jun-2025/24-Jun-2025 • Permalink : http://hdl.handle.net/2268.2/22720
Details
Title : Mémoire-projet
Translated title : [fr] Optimizing the conversion process of prospects in the consideration phase: an organizational challenge or a constraint of the medical device market?
Author : Puccio, Andrea ULiège
Date of defense  : 16-Jun-2025/24-Jun-2025
Advisor(s) : Pironet, Thierry ULiège
Committee's member(s) : Manise, Jérôme 
Henriet, Valentin 
Language : French
Number of pages : 92
Keywords : [fr] Cerhum
[fr] MedTech
[fr] Santé
[fr] Dispositifs médicaux
[fr] Conversion
[fr] Implants
Discipline(s) : Business & economic sciences > Special economic topics (health, labor, transportation...)
Target public : Researchers
Professionals of domain
Student
Institution(s) : Université de Liège, Liège, Belgique
Degree: Master en sales management, à finalité spécialisée
Faculty: Master thesis of the HEC-Ecole de gestion de l'Université de Liège

Abstract

[en] Cerhum, a Belgian start-up specialized in 3D printing of patient-specific bone grafts, faces commercial inertia despite clear interest expressed by many surgeons. The conversion process from qualified leads to clients is long, uncertain, and often stalls at the consideration stage. This thesis examines this friction to determine whether it stems from internal sales organization shortcomings or from structural constraints inherent to the medical device market.
A mixed-method approach was adopted, combining semi-structured interviews with both internal and external stakeholders, along with CRM data analysis. The sales process was modeled using the BPMN method, and performance indicators were used to assess the impact of the improvements made.
Findings reveal that although several organizational levers were introduced (CRM deployment, lead reactivation campaign, process automation, pipeline structuring), their short-term commercial impact remains limited. The complexity of hospital decision-making circuits, rigid hierarchies, restrictive reimbursement mechanisms, and resistance to innovation appear to be the main barriers to lead conversion.
In conclusion, Cerhum’s conversion challenges are primarily linked to structural constraints of the market rather than internal deficiencies. This highlights the need for MedTech start-ups to approach commercial optimization as a strategic adaptation to a slow-moving, codified institutional environment, strongly shaped by entrenched professional practices.


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Author

  • Puccio, Andrea ULiège Université de Liège > Mast. sales. man. à fin. spéc. (en alternance)

Promotor(s)

Committee's member(s)

  • Manise, Jérôme
  • Henriet, Valentin








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