Director, Strategy

Director, Strategy & Business DevelopmentAt 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. Responsibilities will include the following:Strategic Planning and ExecutionLead 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 teamsCollaborate with key business stakeholders to prioritize and monitor execution of key strategic initiatives critical to delivering the Strategic PlanIdentify 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 businessIn partnership with Business and Regional Marketing teams, develop and maintain global Market Models to facilitate strategic decision makingBusiness DevelopmentCreate strategic roadmaps for prioritized markets with inorganic opportunitiesSource, track, and maintain relationships with potential acquisition and strategic partnership targets through deep understanding of prioritized areas, leveraging external and internal sourcesYour Skills and ExpertiseTo set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications: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 industryDemonstrated relationship management and networking skills with clear ability to lead cross-functionallyExperience with strategic planning, market research and landscape workStrong problem-solving orientation with ability to leverage both quantitative and qualitative analysis to drive decision-makingExcellent written and verbal communication, and strong financial acumenStrong project management capabilities with ability to manage multiple deliverables, with a bias for action and delivering resultsAdditional qualifications that could help you succeed even further in this role include:Experience in deal-related M&A, corporate ventures, and or strategic partnerships activityAbility to thrive in an action-oriented and high accountability environmentWork location: RemoteTravel: May include up to 20% domestic/internationalRelocation Assistance: Not authorizedMust be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status). Applicable to US Applicants Only:The expected compensation range for this position is $222,044 - $271,387, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate's relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.).Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.