Director, Enterprise Innovation and Venture Strategy

American College of Chest Physicians•Glenview, IL

3d•$150,000 - $160,000•Hybrid

About The Position

CHEST aspires to evolve its impact and long-term sustainability by identifying, validating, and developing new enterprise opportunities that address emerging needs across the healthcare ecosystem. This role focuses on structured exploration of future growth opportunities, enterprise innovation, institutional market sensing, and development of scalable new business concepts aligned with CHEST’s mission and strengths. The Director, Enterprise Innovation & Venture Strategy leads the exploration, validation, and development of future enterprise growth opportunities for CHEST. This role serves as the connective strategist between external market dynamics and CHEST’s internal strategic evolution. The Director identifies emerging trends, unmet institutional needs, and areas where CHEST may have a differentiated “right to win,” then collaborates cross-functionally to develop validation pathways, pilot concepts, and scalable business models. Working across Strategy, Product Strategy, Program Strategy, Marketing, Finance, and executive leadership, the Director helps shape enterprise innovation priorities and builds structured frameworks for evaluating future organizational growth opportunities. Bring strong knowledge of healthcare market dynamics, healthcare economics, innovation strategy, and business model development to all initiatives.

Requirements

Master’s degree in Business Administration (MBA), Healthcare Administration (MHA), Public Health (MPH), or related field strongly preferred.
10+ years of experience in healthcare strategy, enterprise innovation, venture development, corporate strategy, or healthcare market development.
Strong understanding of healthcare economics, value-based care, institutional decision-making, and healthcare market dynamics.
Demonstrated experience developing business cases, commercialization strategies, financial models, or new venture concepts.
Experience leading highly cross-functional strategic initiatives without direct authority.
Strong strategic thinking, synthesis, and executive communication skills.
Ability to navigate ambiguity and build structure in evolving environments.
Ability to travel as needed to represent CHEST in enterprise and institutional engagements.
Ability to adhere to CHEST's hybrid work schedule, which includes 2 days per week work-from-home, and 3 days per week onsite at CHEST headquarters in Glenview. Tuesday and Wednesday are CHEST's anchor days, and a 3rd onsite will be decided between employee and supervisor.

Nice To Haves

Strategic Mindset. This role exists to identify future opportunities, anticipate market shifts, and translate emerging healthcare dynamics into strategic growth pathways for CHEST.
Manages Complexity. The Director must synthesize ambiguous, incomplete, and often contradictory information into clear frameworks, priorities, and recommendations without losing momentum.
Decision Quality. The role requires disciplined evaluation of opportunities, trade-offs, and risks—including go/no-go recommendations grounded in evidence, feasibility, and strategic fit.
Collaborates. Innovation work will fail without cross-functional alignment. This role requires exceptional ability to bridge perspectives across Strategy, Product, Program, Finance, and executive leadership.
Organizational Savvy. The Director must guide innovation and strategic exploration in a way that creates alignment rather than organizational resistance, balancing ambition with institutional readiness.

Responsibilities

Lead structured environmental scanning and market sensing activities to identify emerging trends, disruptions, unmet needs, and future enterprise growth opportunities.
Engage health systems, payors, industry partners, and institutional stakeholders to validate market demand, willingness to pay, and strategic fit for potential new offerings.
Translate external market signals and healthcare economic drivers into enterprise innovation opportunities and business concepts.
Facilitate structured opportunity prioritization and strategic evaluation processes, in partnership with Product Strategy, including “where to play” and “right to win” assessments.
Develop evidence-based recommendations regarding future enterprise opportunities, including go/no-go decision frameworks.
Design and coordinate pilot concepts, validation plans, and structured learning frameworks for emerging enterprise opportunities.
Collaborate cross-functionally to evaluate operational feasibility, staffing implications, infrastructure needs, and scalability considerations.
Build business cases, financial models, commercialization assumptions, and validation criteria for new initiatives.
Synthesize pilot findings, market insights, and stakeholder feedback into actionable strategic recommendations.
Help establish repeatable innovation and venture development processes that support long-term organizational growth.
Serve as a connective leader across functional directors, and executive leadership to align enterprise innovation efforts.
Facilitate discussions around organizational trade-offs, strategic prioritization, and future growth pathways.
Present strategic recommendations, innovation insights, and business case evaluations to executive leadership and governance groups.
Assist with other projects as needed.