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Director Medical Surgical Business Development & Strategy

Solventum
Remote - Minnesota, United StatesRemotefull_timeVerifiedPosted 1 Oct 2024
💰 $271,387/yr($222,044/yr$271,387/yr)

About the role

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Director, Medical Surgical Business Development & Strategy (Solventum)

3M Health Care is now Solventum

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. 

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role

As Director, Medical Surgical Business Development & Strategy you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

  • Lead strategic and annual operating plan processes, including strategy formulation for the largest business in Solventum, executive level communication, and driving execution 

  • Lead portfolio management effort, including monitoring market and competitive intelligence and partnering with global business teams to identify inorganic growth opportunities while maximizing organic activities

  • Develop rigorous, fact-based, quantitative analysis to support recommendations; ensure strategic and financial soundness and alignment for any recommendations provided

  • Partner across functions to support business growth through ongoing business rhythms such as quarterly business reviews, commercialization reviews, etc.

  • Support execution of Enterprise initiatives in collaboration with Corporate Strategy and Corporate FP&A

  

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

  • Bachelor’s Degree or higher AND 10 years of combined experience in strategy, business development, and/or marketing in a private, public, government or military environment

OR 

  • High School Diploma/GED from AND 14 years of combined experience in strategy, business development, and/or marketing in a private, public, government or military environment

AND

In addition to the above requirements, the following are also required: 

  • Five (5) years of experience in healthcare, MedTech, pharmaceutical, and/or life science industries in a private, public, government, or military environment

Additional qualifications that could help you succeed even further in this role include:

  • Master's degree in Business Administration from an accredited institution

  • Five (5) years of combined experience of deal related activity in M&A, corporate ventures, and or strategic partnerships in a private, public, government or military environment  

  • Superior analytical and problem-solving skills, including solid understanding of financial and statistical analysis 

  • Hypothesis-driven, problem-solving orientation with ability to leverage both quantitative and qualitative analysis to drive decision making

  • Ability to synthesize structured and unstructured data into a narrative and insights

  • Action-oriented and able to manage multiple workstreams to drive execution and results 

Work location: 

  • Remote

Travel: May include up to 20%[domestic/international]

Relocation Assistance: May be authorized

Must be

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Company

Solventum

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