Head of Strategy Image Guided Therapy Devices

$160,720 - $275,520/Yr

Koninklijke Philips N.V - Plymouth, MA

Full-time - Senior

Onsite - Plymouth, MA

Ambulatory Health Care Services

About the position

As Head of Strategy for Image Guided Therapy Devices (IGTD), you will play a pivotal role in shaping the strategic direction of the business unit. Your focus will be on accelerating growth, strengthening competitive market position globally, identifying strategic initiatives to meet market needs, and facilitating problem-solving as a member of the Management Team. This position requires a strategic mindset and the ability to lead complex projects that drive long-term impact for the organization. In this role, you will lead the development of long-term business initiatives aimed at winning against competition and delivering strategic projects. This may involve working individually, collaborating with colleagues from the Business Unit, or engaging with the IGT Strategy & Business Development team. You will also be responsible for defining, scoping, chartering, and leading Enterprise Strategy Pool projects as needed. You will oversee the strategic planning process in close collaboration with Finance, Business, and Transformation colleagues. This includes setting strategic goals, defining key performance indicators (KPIs), and establishing metrics to track progress. An essential part of your role will be to maintain an up-to-date overview of market trends, competition, technical developments, and societal changes to ensure active portfolio management within the Business Group, thereby improving overall value. Your position will require effective teamwork with senior management to develop impactful strategic communications both internally and externally. You will also interact with major customers to build a network that keeps you informed about new developments and insights in the market. Presenting strategic recommendations to the IGT-D (and IGT) Management team will be a key responsibility, where you will articulate the rationale, risks, and expected outcomes of your proposals. Additionally, you will drive the definition of organic and inorganic growth agendas, commercial excellence strategies, Mergers & Acquisitions (M&A), Ventures, and Partnerships in collaboration with the IGT Business Development team.

Responsibilities

• Lead development of long-term impact business initiatives to win against competition and deliver strategic projects.
• Oversee the strategic planning process in collaboration with Finance, Business, and Transformation teams.
• Set strategic goals, define key performance indicators (KPIs), and establish metrics to track progress.
• Maintain an up-to-date overview of market, competition, technical, application, and societal developments.
• Collaborate with senior management to develop impactful strategic communications.
• Interact with major customers to build a network and stay informed about market developments.
• Present strategic recommendations to the IGT-D Management team, articulating rationale, risks, and expected outcomes.
• Drive the definition of organic and inorganic growth agendas, commercial excellence strategies, M&A, Ventures, and Partnerships.

Requirements

• 10+ years of MedTech/Healthcare experience, preferably with 5+ years at a top-tier strategy consulting firm or in a Strategy and Business Development role in the MedTech/Healthcare industry.
• In-depth knowledge of the healthcare ecosystem, including key procedural areas and product development processes for medical devices.
• Experience with Quality processes and various Regulatory environments related to Class III medical devices.
• International business experience and in-depth experience in the HealthTech domain.
• Experience being part of senior leadership teams with a proven track record of influencing and building strong working relationships.
• Proven track record of building significant impact in strategy definition and execution in multinational organizations.
• Strong portfolio management skills and understanding of how internal initiatives influence the organization.
• Minimum of a Bachelor's degree, preferably in Medical or business-related fields.

Nice-to-haves

• Agility and adaptability in a fast-paced environment.
• Strong communication skills and a growth mindset.
• Experience in collaborative execution across teams.

Benefits

• Generous PTO
• 401k with up to 7% match
• HSA with company contribution
• Stock purchase plan
• Education reimbursement
• Annual incentive bonus
• Sales commission or long-term incentives