Director of Global Strategy & Insights at Abbott | Austin, TX, US | Rezi

Director of Global Strategy & Insights at Abbott

Director of Global Strategy & Insights

Abbott · Austin, TX, US

1 months ago

Director of Global Strategy & Insights

Abbott · Austin, TX, US

a month ago
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About the Role

This leader will be integral to the team, responsible for establishing and leading a global function of strategy and insights within the Cardiac Rhythm Management business unit. This role plays a critical part in shaping strategic direction, identifying growth opportunities, and driving short-term and long-term goals for a billion-dollar, global business. The position will also focus on understanding global markets, market share, competition, and leading market research efforts to understand unmet market needs and market trends. This leader is a crucial partner to the executive leadership team for developing growth strategies and will be involved in organic and inorganic market growth options, driving strategic plans and executing key insights.

Responsibilities

  • Lead the Global Strategy and Insights organization, setting goals, defining priorities, hiring talent, building capabilities, and managing budget and operations.
  • Champion a customer-centric culture and drive cross-functional, cross-regional collaboration.
  • Perform initial analysis and ongoing product management of long-tail lateral flow product lines, including lifecycle management recommendations.
  • Provide strategic leadership, planning, and direction to drive growth and profitability through annual strategic planning and ongoing initiatives.
  • Guide franchise and functional plans, ensuring alignment with BU strategy.
  • Identify market opportunities to differentiate the business and enable profitable growth.
  • Drive portfolio optimization of new and existing products.
  • Build a consistent fact base of market size, share, and growth across franchises and regions.
  • Drive cross-functional alignment to form the 'single source of truth' for OEM, LBE, NPI, and business assessments.
  • Assess customer needs, conduct competitive analysis, and identify enabling products, technologies, and business levers.
  • Conduct market research to capture customer insights and articulate market landscape, including unmet needs, value proposition refinement, pricing elasticity, and ethnography for new product adoption.
  • Manage complex data analytics and research projects, and select/manage external research agencies and consultants.
  • Develop and manage contracting for data and market research.
  • Strengthen competitive positioning by capturing industry trends, stakeholder dynamics, and competitor activities.
  • Conduct scenario planning, weekly market surveillance, industry conference intelligence, and deep dives on competitors, products, and critical events.
  • Be accountable for the budget.
  • Work cross-functionally with Finance, Marketing, Global leaders, and Commercial Excellence.

Requirements

  • Bachelor's Degree in finance, Business Administration or related field, or equivalent combination of education and work experience.
  • Master's degree (MBA preferred) due to heavy involvement in solving business problems and understanding business operations and market environment.
  • Minimum 12 years of work experience.
  • Forecasting and planning experience with five years of management experience.
  • Global experience in a finance or planning capacity preferred.
  • Project Management experience.
  • Management consulting or healthcare strategy experience preferred.
  • Exceptional analytical and problem-solving skills.
  • Excellent oral and written communication skills.
  • Experience interacting effectively with Senior Management.
  • Leadership and team orientation; ability to work with others in a matrixed environment.
  • Knowledge and skills in Market Intelligence techniques and sales forecasting.
  • Experience with advanced forecasting techniques, such as regression analysis, cluster analysis, conjoint analysis, and discrete choice modeling.
  • Strong knowledge of mathematics, statistics, and PC skills for modeling.
  • Domestic and International interface experience.

Skills

  • Strategy and Insights
  • Market Research
  • Competitive Analysis
  • Forecasting
  • Planning
  • Product Management
  • Lifecycle Management
  • Market Opportunity Identification
  • Portfolio Optimization
  • Market Modeling
  • Market Intelligence
  • Customer Needs Assessment
  • Data Analytics
  • Regression Analysis
  • Cluster Analysis
  • Conjoint Analysis
  • Discrete Choice Modeling
  • Mathematics
  • Statistics
  • PC Skills
  • Project Management
  • Leadership
  • Team Orientation
  • Communication Skills

Location

  • Austin, TX
  • Sylmar, CA

Work Type

  • Full-time
  • Travel Yes, 20 % of the Time

Experience Level

  • Minimum 12 years work experience
  • Five years management experience

Education Level

  • Bachelor's Degree in finance, Business Administration or related field
  • Master's degree (MBA preferred)

Salary/Compensations

  • $149,300.00 – $298,700.00

Benefits

  • Training and career development
  • Onboarding programs for new employees
  • Tuition assistance
  • Competitive compensation
  • Incentives
  • Retirement plans
  • Health care and well-being programs
  • Medical, dental, vision, wellness and occupational health programs
  • Paid time off
  • 401(k) retirement savings with a generous company match

About the Company

  • Abbott is a global healthcare leader that helps people live more fully at all stages of life.
  • Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines.
  • Our 115,000 colleagues serve people in more than 160 countries.
  • We are a big business within the Abbott family, with a start-up feel.
  • We are paced to become the market leaders.
  • We make a difference every day.
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities.

Equal Opportunity

  • Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.