Sr. Director - Strategy (Finance)

We anticipate the application window for this opening will close on - 15 Nov 2024

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Careers That Change Lives

The Senior Director of Strategy for the Robotic Surgical Technologies (RST) Operating Unit (OU) will lead global strategic planning for robotic-assisted surgical procedures. This role, embedded within the global business unit, will collaborate with Marketing, Finance, Sales, R&D, Regulatory, Quality, Operations, and other cross-functional partners to build and execute strategies that align with our overall business objectives .

Preferred locations for this role would be either Boston, MA, or Lafayette, CO; Open to relocation.

A Day in the Life

• Strategic Planning: Lead the annual and long-term strategic planning process for the RST OU, aligning departmental goals with overall company objectives and market needs. Collaborate with executives to define the company's strategic narrative, creating a roadmap for growth.

• Market and Competitive Intelligence: Conduct in-depth market research to identify new opportunities, competitive landscape, emerging trends, and regulatory changes to inform strategic decisions in the robotic assisted surgery market. Provide data-driven insights to guide decision-making and prioritize growth opportunities and market expansion.

• Business Development and Partnerships: Identify and assess potential partnerships, mergers, and acquisitions to expand the company's market reach and capabilities. Build relationships with key stakeholders, including clinicians, hospitals, and other industry players, to foster collaborations that enhance product and market value.

• Product and Technology Strategy: Collaborate with Marketing, R&D, and Operations teams to align product development with strategic goals, ensuring innovation meets market and patient needs. Develop strategies that capitalize on new technologies , patient safety, and regulatory standards.

• Financial and Operational Analysis: Partner with Finance to develop financial models, forecasts, and performance metrics to evaluate and support strategic initiatives. Evaluate the effectiveness of strategic initiatives and adjust strategies based on performance metrics and market changes.

• Leadership and Team Development: Build and mentor a high-performing team of strategic planners, analysts, and business development professionals. Foster a culture of collaboration, innovation, and continuous learning within the team and across the organization.

• Customer and Patient Centric Approach: Ensure all strategies and initiatives prioritize the needs of customers and patients, enhancing patient outcomes and satisfaction. Gather and analyze customer feedback to refine strategic initiatives.

Must Have: Minimum Requirements

• Requires advanced management and leadership knowledge to lead cross-department project teams or manage across multiple functions.
• Typically has achieved mastery within a specific technical or broad expertise across multiple related disciplines.
• Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. • 214.2(h)( 4)(iii)(A) and minimum of 15 years of relevant experience with 10+ years of managerial experience , or advanced degree with a minimum 13 years prior relevant experience, minimum of 10 years of managerial experience.

Nice to Have

• The Medical Device industry experience- knowledge of new product development, DRM, clinical trial management, quality systems, global regulatory experience.

• Experience developing solutions for surgeons - specifically using open, laparoscopic, endoscopic and/or robotic approaches

• Advanced degree such as MS, MBA, with strong financial acumen

• Knowledge of patient safety, quality, clinical research

• Strong strategy and/or marketing background

• Strong "influence management" skill set demonstrated in a corporate environment

• Demonstrated success in effectively managing teams, executing on projects, and communicating expectations.

• Demonstrated ability to lead collaboratively in a diverse, global, matrixed organization

• Knowledgeable of U.S. Food and Drug Law and WW regulatory, device safety and/or regulatory/clinical research

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be. We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Physical Job Requirements

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage. Learn more about our benefits here .

This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) here .

This position is eligible for an annual long-term incentive plan. Learn more about Medtronic Long-Term Incentive Plan (LTIP) here .

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.

Salary ranges for U.S (excl. PR) locations (USD):$219,200.00 - $328,800.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).This position is eligible for an annual long-term incentive plan.

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

Medtronic benefits and compensation plans

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission - to alleviate pain, restore health, and extend life - unites a global team of 90,000+ passionate people.
We are engineers at heart- putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here .

It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.