Vice President, Enterprise Research

Medtronic•Minneapolis, MN
•$262,000 - $350,000

About The Position

This senior enterprise leadership role advances Medtronic’s research, technology, and innovation capabilities to enable long-term growth and competitive advantage. It leads global teams across advanced technology research, preclinical science, and engineering research, driving the identification, incubation, maturation, and transition of breakthrough technologies into Medtronic’s portfolios and Operating Units. As a member of the CTO leadership team, the role helps shape enterprise technology strategy, research investments, external innovation partnerships, and the development of critical future capabilities. The position directs research for a product group, service group, and/or geographical area to improve existing programs and products and create new or ancillary products and services. It leads scientific and technological investigations, product-idea evaluation, and clinical research activities, including trial execution, protocol development, documentation, analysis, and reporting in support of regulatory and legislative product approvals. As an executive people manager, this role provides strategic and tactical direction across multiple functions or sub-functions. It independently sets organizational goals and objectives, develops mid- to long-term strategies, and is accountable for organizational results. The position has authority over planning, staffing, budgeting, expense priorities, and changes to methods and practices, and may have budget or P&L accountability across geographies, divisions, product groups, or service groups. It determines organizational structure and talent strategies and authorizes hiring, firing, promotion, and rewards within its area.

Requirements

  • Baccalaureate degree, or for a degree earned outside the United States, a degree satisfying the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A), with at least 18 years of prior relevant experience.
  • Alternatively, a master’s or other advanced degree with at least 15 years of prior relevant experience.
  • At least 15 years of managerial experience.
  • Advanced business knowledge and general management and leadership capability to lead several business or functional teams.
  • Deep domain expertise in one or more functional areas and broader practical experience across multiple professional disciplines within the organization.
  • Ability to address complex, multidimensional problems through broad analysis and understanding of underlying issues and root causes.
  • Ability to communicate with senior executive leadership and external parties, conduct executive strategy and planning sessions, and influence across functions and businesses.
  • For office roles, ability to be independently mobile, interact with a computer, and communicate with peers and co-workers; reasonable accommodations may be made for qualified individuals with disabilities.

Responsibilities

  • Develop and direct research for a product group, service group, and/or geographical area to improve current programs and products and create ancillary or new products and services.
  • Lead global teams across advanced technology research, preclinical science, and engineering research.
  • Identify, incubate, mature, and transition breakthrough technologies into Medtronic portfolios and Operating Units.
  • Help shape enterprise technology strategy, research investments, external innovation partnerships, and future capabilities as a member of the CTO leadership team.
  • Execute clinical trials, including product-trial documentation, analysis, and reporting to prepare materials required for regulatory and legislative product approvals.
  • Develop clinical protocols supporting product strategy, data collection, and management in compliance with applicable standard operating procedures and regulatory and medical standards.
  • Plan and manage identification, collection, and evaluation of new product ideas or strategic product extensions to assess customer needs and revenue-growth and market-share potential.
  • Lead theoretical and experimental scientific and technological investigations for advancements or new discoveries.
  • Set and authorize mid- to long-term organizational strategies, goals, and objectives, and deliver overall results for the area of responsibility.
  • Manage organizational planning, staffing, budgeting, expense priorities, and changes to methods and practices; make significant business and strategic decisions.
  • Determine organizational structure and talent strategies, and authorize hiring, firing, promotion, and rewards within the area of responsibility.
  • Communicate and influence across functions and businesses, including engaging senior executive leadership and external parties on matters of strategic importance.

Benefits

  • Competitive salary and flexible benefits package.
  • Short-term incentive through the Medtronic Incentive Plan (MIP).
  • Health insurance.
  • Dental insurance.
  • Vision insurance.
  • Health Savings Account.
  • Healthcare Flexible Spending Account.
  • Life insurance.
  • Long-term disability leave.
  • Dependent daycare spending account.
  • Tuition assistance or reimbursement.
  • Simple Steps global well-being program.
  • Incentive plans.
  • 401(k) plan with employer contribution and match.
  • Short-term disability.
  • Paid time off.
  • Paid holidays.
  • Employee Stock Purchase Plan.
  • Employee Assistance Program.
  • Non-qualified Retirement Plan Supplement, subject to IRS earning minimums.
  • Capital Accumulation Plan, available to Vice Presidents and above or subject to IRS earning minimums.
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