Medtronic

Corp Development/Business Development Program Director

Gurugram, Haryana, India

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Medical Devices, HealthcareIndustries

Requirements

The Corp Development/Business Development Program Director requires broad management and leadership knowledge to lead multiple job areas, along with detailed functional and operational expertise. Mastery level knowledge and skills within a specific technical or professional discipline are expected. Experience in developing synergistic alliances in pharma or digital healthcare delivery markets is necessary, as is the ability to lead without authority and execute change management in complex situations.

Responsibilities

The Corp Development/Business Development Program Director is responsible for driving significant changes to Medtronic commercial initiatives by developing and implementing innovative strategies. This includes engaging with external consultants for market insights, collaborating with cross-functional teams to achieve business growth, and analyzing market trends to identify growth areas and opportunities for alliances. The role involves developing and executing strategic plans, designing new business models and go-to-market approaches, and leading annual strategic activities. Responsibilities also include identifying market needs for channel/patient financing, designing partnerships, leading cross-functional teams to drive transformation, overseeing the implementation of new commercial processes, facilitating change management, establishing KPIs, monitoring sales performance, diagnosing gaps in sales operations, and designing AI-based solutions to improve efficiency. Additionally, the director must build strong relationships with key stakeholders and communicate the commercial transformation vision effectively.

Skills

Business Development
Strategic Planning
Market Analysis
Financial Modeling
Go-to-Market Strategy
Change Management
Leadership
Cross-functional Collaboration
Business Model Innovation
Market Insight
Healthcare Industry

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters
1949Year Founded
$3.2MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Program
Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.
Spine biologics market growth may attract new entrants, increasing competition for Medtronic.
Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.
The company invests heavily in R&D to drive innovation in medical devices.
Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.
Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.
Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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