Associate Director Strategic Planning at Abbott

Alameda, California, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor's Degree in Business, Marketing, Healthcare or related field
Minimum 5 years relevant business experience with Bachelor's degree
Minimum 3 years relevant business experience with advanced degree
Minimum 2 years prior experience must include business/corporate development, investment banking, management consulting, strategy consulting or private equity
Preferred: MBA or advanced degree
Preferred: 8+ years of experience in strategic planning, marketing or business development, preferably within the medical device, healthcare or life sciences sectors
Preferred: Experience in new product development
Strong analytical skills with demonstrated success in business case development, market sizing and forecasting
Exceptional communication and executive presentation skills
Ability to thrive in [incomplete, but implied fast-paced, cross-functional environment]

Responsibilities

Support the creation and refinement of business cases for new categories
Assess financial viability, market potential and alignment with strategic objectives
Partner with cross functional teams including medical affairs, product, regulatory, market access, finance and program management to ensure executional alignment
Translate marketing insights into actionable strategies and recommendations
Facilitate decision-making forums and ensure consensus on key strategic priorities
Identify, evaluate and recommend potential external partnerships and alliances to accelerate growth
Develop and deliver compelling presentations and strategy updates for senior leadership and executive teams
Provide inputs to finance to develop robust financial models to evaluate category performance and growth
Support forecasting efforts to guide strategic and operational planning
Collaborate with cross functional teams to define long-term portfolio and category roadmaps in alignment with business opportunities

Skills

Strategic Planning

Business Strategy

Cross-Functional Alignment

Executive Communications

Medical Sensors

Diabetes Care

Glucose Monitoring

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters

1888Year Founded

IPOCompany Stage

HealthcareIndustries

10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.

Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.

Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.

Abbott's microfluidic devices streamline diagnostic processes efficiently.

Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.

Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.

Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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