Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Director Global Strategy
About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.
Working at Abbott
At Abbott, You Can Do Work That Matters, Grow, And Learn, Care For Yourself And Family, Be Your True Self And Live a Full Life. You’ll Also Have Access To
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists
Business Description
The Structural Heart Business Unit is part of the Medical Device Segment of Abbott. It focuses on the development of products and solutions to treat Structural Heart Disease (TAVI, TMTI, SI and CS). Revenue is over $2B and growing double digits. More than 5,000 people work for the Structural Heart Business Unit. R&D & Innovation - organic and acquired - is a core pillar of the Structural Heart Business unit.
Reporting Line, Traveling Requirement and Location
- The position reports into the Divisional Vice President of Structural Heart Global Marketing,
- The position is in Santa Clara, California,
- The position requires moderate traveling (up to 20% of time)
Main Purpose
Lead the strategic process of the Structural Heart Business Unit including Strategy, BD, and the Annual Business Objective process. This role involves working closely with senior leadership to identify growth opportunities, optimize business processes, and ensure the Abbott remains competitive in the market.
Roles & Responsibilities
Strategy
- Lead strategy and the strategic process for the Business Unit,
- Lead the Product Portfolio Process,
- Maintain and update the long-term Market Models for the Structural Heart Business Unit,
- Gather, maintain, and disseminate competitive intelligence information as needed (this includes Analyst Estimates, Intel from the field, Intel for IP screening, etc.….)
Business Development
- Assess BD priorities with the Marketing Directors of the different Structural Heart Franchises
- Define the strategic needs for potential acquisitions / partnership,
- Source potential targets / partnerships,
- Select targets and partnership to investigate,
- Coordinate with Abbott Corporate License and Acquisition particularly during the due diligence and the deal preparation process.
Alignment and Management of Annual Business Objectives across functions
- Coordinate and lead the Annual Business Objectives Process:
- Define the Business unit objectives.
- Align the organization on the most important goals for the year,
- Manage the operating mechanism to review the goals during the year.
Communication
- Prepare executive presentations for the Board of Director Reviews and for other important senior leadership meetings.
Cross Franchises Project Management / Pilot Project Management
- Pilot New initiatives or process improvements in collaboration with Franchise Directors / Abbot Medical Devices,
- Manage some of the cross franchises’ projects.
Team Management
- Manage the Strategy and BD team (4 people)
- Manage the Budget of the department.
Qualifications
Education
- Minimum bachelor’s degree in science or business
- Preferred master’s degree in science or business
Experiences
- 10+ years of professional experience,
- Ideally in Medical Device and Structural Heart (Marketing / RnD / Field),
- Consulting experience would be a plus,
- Team Management would be a plus.
Competencies / Skills
- Excellent strategist with a growth and visionary mindset
- Excellent analytical skills: ability to work with numbers and concepts,
- Excellent project management skills,
- Excellent communication skills both verbal and written,
- Ability to work with and engage senior leadership frequently,
- Ability to work with and engage key opinion leaders,
- Ability to work under tight deadlines in a fast-paced environment,
- Ability to manage uncertainty, adapt quickly and work under stressful conditions,
- Ability to work autonomously with little supervision,
- Ability to work and coordinate with multiple functions and different types of people,
- Ability to assert herself/himself to keep projects and work on track,
Apply Now
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is $186,300.00 – $372,700.00. In specific locations, the pay range may vary from the range posted.
