At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Medtronic is a global leader in medical technology, alleviating pain, restoring health, and extending life for millions of people around the world. With a mission to contribute to human welfare, Medtronic constantly innovates and develops cutting-edge medical devices and therapies, including advanced surgical technologies, to address the evolving needs of patients and healthcare providers.

Medtronic is seeking a highly skilled and experienced Principal Associate for Strategy to join our Medical Surgical team. In this role, you will play a pivotal role in shaping and executing strategic initiatives that drive growth, innovation, and market leadership in the field as a part of our vision for the Medical Surgical Portfolio. In this role, you will collaborate closely with teams across the Portfolio to develop and implement strategies that address complex business challenges and capitalize on emerging opportunities in the healthcare landscape.

There is a preference for this role to sit in Boston, MA but will consider other US locations for the right talent. 

 Day in the Life and Key Responsibilities:

• Strategic Planning: Lead the development and execution of comprehensive strategic plans for the Medical Surgical Portfolio, aligned with Medtronic's overall corporate objectives and growth initiatives.
• Market Analysis: Conduct in-depth market analysis, including competitive intelligence, market trends, customer insights, and regulatory landscape, to identify opportunities and risks for the business.
• Portfolio Management & Analysis: Drive portfolio optimization efforts by evaluating current product offerings, assessing gaps, and recommending new product development or acquisition opportunities to enhance Medtronic's competitive positioning
• Business Development: Collaborate with business development teams to evaluate potential partnerships, alliances, and M&A opportunities that support strategic objectives and accelerate growth
• Cross-Functional Leadership: Work closely with cross-functional teams, including R&D, marketing, sales, finance, and regulatory affairs, to ensure alignment and execution of strategic initiatives throughout the organization.
• Project Management: Lead large-scale, complex projects from initiation to completion, ensuring adherence to timelines, budgets, and quality standards while effectively managing risks and dependencies.
• Stakeholder Engagement: Build strong relationships with internal and external stakeholders, including key opinion leaders, healthcare providers, regulatory agencies, and industry partners, to drive collaboration and support strategic objectives.
• Performance Monitoring: Establish key performance indicators (KPIs) and metrics to monitor the success of strategic initiatives, track progress against goals, and provide regular updates to senior leadership.

Must Have: Minimum Requirements

• Bachelors degree in Business Administration, Engineering, or related field. 
• Minimum of 5 years of experience in strategic planning, program management, or business development or advanced degree with a minimum of 4 years experience

Nice to Have

• Strong understanding of Medical Technologies, including robotics, minimally invasive surgery, imaging, and navigation systems.
• Proven track record of developing and implementing successful strategic plans, driving growth, and delivering results in a complex and dynamic environment.
• Excellent analytical skills, with the ability to synthesize complex information, identify trends, and make data-driven recommendations.
• Exceptional communication and presentation skills, with the ability to influence and engage stakeholders at all levels of the organization.
• Demonstrated leadership capabilities, including the ability to lead cross-functional teams, inspire collaboration, and drive accountability.
• Strong project management skills, with experience leading large-scale initiatives from concept to commercialization.
• Ability to thrive in a fast-paced, matrixed organization and adapt to changing priorities and business needs.

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life.  We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and