Director of Innovation Apply to This Job

Company: ExecuNet
Location: Carrollton
Posted on: February 22, 2021

Job Description:

Company: Pharmaceuticals, Conshocken, PA or Carrollton, TX Remarks: POSITION SUMMARY:

Under general direction of the Senior Vice President of Innovation, responsible for supporting the development and advancement of company Innovation Agenda, including: refining corporate tools/processes, assessing market/ competitive trends, and driving the evaluation/execution (including incubation) of priority innovation initiatives that will accelerate the mid- to long-term growth of Company.

PRIMARY DUTIES AND RESPONSIBILITIES:

• Assist the Senior Vice President of Innovation, and the Chief Strategy Officer with defining and executing core processes to support corporate-wide innovation, including: idea generation, business case/ solution development, innovation portfolio management, product development/ new business incubation, and execution.
• Lead innovation initiatives with subject matter experts to define value proposition, develop business case, assess buy vs build solutions, drive stage gate decisions, and incubate pilot until transition to business leaders/ units. In each phase, work with relevant function areas (Finance, Accounting, Legal, Operations, etc.) to reduce risk and ensure opportunity can scale inside of Company. Employ agile working team approaches as appropriate
• Assist Strategy and Corporate Development teams with targeted analytics support on prioritized growth initiatives/ innovation projects.
• Develop and execute approach to on-going market and competitive analysis to inform corporate strategy and identify new business opportunities. Consider industry-wide perspective on major trends, including macro-economic, customer, regulatory, technology, distribution channel, product and competitive trends; identify implications for Company.
• Build relationships with external innovation platforms (e.g. venture firms, accelerators, technology transfer offices) and companies to link Company into prioritized ecosystems in alignment with our Innovation Agenda.
• Works closely with the Vice President to provide information, insights and recommendations to the Executive Management Committee and the Board of Directors on business strategy and investment opportunities.
• Effectively represents Company Corporation to external constituents, including acquisition targets and investment bankers, and at industry events.
• Complies with all appropriate policies, procedures, safety rules and regulations.
• Must be willing to travel up to 30% of the time.
• Performs related duties as assigned.
• Develop and report on relevant financial and other metrics (e.g. ROIC, customers acquired, etc.) related to launched innovation projects What your background should look like (minimum qualifications)
  
  EXPERIENCE AND EDUCATIONAL REQUIREMENTS:
  
  Bachelor 's degree required, prefer MBA generally obtained from a top tier school. Normally requires a minimum of seven (7) years directly related and progressively responsible experience; prefer previous experience in consulting, public accounting and / or prior investment banking followed by experience in a healthcare corporate environment.
  
  MINIMUM SKILLS, KNOWLEDGE AND ABILITY REQUIREMENTS:
  
  
  • Extensive financial expertise; working knowledge of merger and acquisition activities including financial evaluations, due diligence, negotiations and closings; working knowledge of venture investing
  • Ability to address the complex interrelationships among factors that influence the solutions to business issues in order to articulate key business strategies
  • Experience in driving innovation processes and projects
  • Knowledge of healthcare industry
  • Demonstrates strong critical thinking and expresses ideas clearly, concisely and logically
  • Ability to make balanced and insightful decisions
  • Strong organizational skills; attention to detail
  • Excellent written and verbal communication skills
  • Strong interpersonal skills and ability to collaborate with others
  • Knowledge of Microsoft Word, Excel, PowerPoint and Outlook
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Keywords: ExecuNet, Carrollton , Director of Innovation Apply to This Job, Executive , Carrollton, Texas