Director, Strategy & Business Development

Solventum•Maplewood, MN

1d•Remote

About The Position

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue. As Director, Strategy & Business Development, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Specifically, you will be responsible for driving growth through the development and execution of strategic business plans, identification of new market opportunities, and creation of key acquisitions, partnerships and venture investments. This is a critical role, instrumental to shaping our competitive positioning and expansion efforts, and reports into the Vice President, Strategy & Business Development for the Infection Prevention and Surgical Solutions Business.

Requirements

Bachelor’s Degree or higher from (completed and verified prior to start) an accredited institution and 7 years of experience in strategy and/or business development; preference for at least 5 years in the medical technology industry
Demonstrated relationship management and networking skills with clear ability to lead cross-functionally
Experience with strategic planning, market research and landscape work
Strong problem-solving orientation with ability to leverage both quantitative and qualitative analysis to drive decision-making
Excellent written and verbal communication, and strong financial acumen
Strong project management capabilities with ability to manage multiple deliverables, with a bias for action and delivering results
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Nice To Haves

Experience in deal-related M&A, corporate ventures, and or strategic partnerships activity
Ability to thrive in an action-oriented and high accountability environment

Responsibilities

Strategic Planning and Execution Lead strategic planning process including development of the strategic narrative and presentations to senior leadership and Board of Directors in partnership with the business and finance teams
Collaborate with key business stakeholders to prioritize and monitor execution of key strategic initiatives critical to delivering the Strategic Plan
Identify and evaluate new growth opportunities, including market expansion in core and adjacency areas by conducting strategic evaluation of current and new markets, in partnership with the business
In partnership with Business and Regional Marketing teams, develop and maintain global Market Models to facilitate strategic decision making
Business Development Create strategic roadmaps for prioritized markets with inorganic opportunities
Source, track, and maintain relationships with potential acquisition and strategic partnership targets through deep understanding of prioritized areas, leveraging external and internal sources