Medtronic Principal Strategic Planning Associate - Business Analyst Focus - Respiratory Interventions - Remote Option in Boulder, Colorado
Principal Strategic Planning Associate - Business Analyst Focus - Respiratory Interventions - Remote Option
Boulder, Colorado, United States
Feb 05, 2021
Careers that Change Lives
Preference is for the position to be onsite in CO but will consider US remote.
In this exciting position you will develop and maintain all Enrich models for all OU products in partnership with global marketing, the OU-led markets, the region-led markets and other functional groups such as RD. You will own the product portfolio management function for the OU, including Active Portfolio Management perform quantitative analysis on the product portfolio and make resource allocation recommendations for optimal ROI, identify areas of increased investment, identify areas of divestiture, calculate WAMGR for current and adjacent markets. In addition you will evaluate how the OU portfolio of products perform relative to each other, strategically prioritize these products and identify what gaps in the portfolio should be filled because they represent the most viable opportunities for new markets, increased revenue and other business objectives.
We believe that when people from different cultures, genders, and points of view come together, innovation is the result and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.
A Day in the Life
Responsibilities may include the following and other duties may be assigned.
Run quarterly investment committee meetings
Support the Business Development and Licensing function by building dynamic and realistic financial models that accurately depict the profitability and risks of various inorganic opportunities
Attend major medical meetings, meet with customers and regularly liaise with field representatives to gather market and product information, identify needs and assess opportunities.
Utilize business analytics to spot trends, opportunities and key issues facing the market and the business; work with leadership to assemble action plans and appropriate business models to address those issues.
Maintain various financial dashboards used by the OU
Communicate strategic metrics and measurements to various management groups
Synthesize data and communicate conclusions effectively with other members of the strategy team, the Respiratory Interventions team, and the MedSurg leadership team.
Independently lead various strategic initiatives
Plays a major role in leading the annual strategic plan process and other periodic strategic efforts including quarterly business reviews, quarterly innovation reports, monthly marketing team meetings and quarterly strategy management team meetings.
Must Have: Minimum Requirements
- Bachelors Degree plus 7+years (5 years with advanced degree) ofexperience in Finance, Strategy, Engineering, Project Management, Business Development and/or Marketing.
Nice to Have
Experience working in the medical device or healthcare industry
Experience in a finance, strategic planning or marketing role with a specific emphasis on building product financial models, active portfolio management and investment trade-off decision making.
Strong financial acumen including the ability to build pro forma models of business development (inorganic) opportunities and evaluate inbound financial models from prospective targets.
Ability to manage large projects or processes with input from various sources and with limited oversight
Experience solving complex business problems using detailed data gathering and analysis
Strong interpersonal, written and verbal communication, influential and presentation skills.
An ability to effectively manage-by-influence on cross-functional teams
A strong team orientation and a collaborative approach to solving problems
Ability to work in an ambiguous environment
A demonstrated strategic mindset
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 advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Lets work together to address universal healthcare needs and improve patients lives. Help us shape the future.
Physical Job Requirements
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
Benefits information can be found at benefits.medtronic.com
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.