Prin Strategic Planning Assoc at Medtronic

Shanghai, Shanghai, China

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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

Baccalaureate degree (or equivalent for degrees earned outside the United States per 8 C.F.R. § 214.2(h)(4)(iii)(A)) and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience
Mastery of a specialty area and full knowledge of industry practices, typically obtained through advanced education combined with experience
Broad knowledge of project management

Responsibilities

Develops long-range objectives and strategic plans for corporation or major division by identifying internal and external strategic issues that could affect growth and profitability
Scans environment for business opportunities, maintains surveillance over market, and may perform financial analysis of acquisition candidates
Develops and monitors profitability, productivity, and growth targets
May prepare acquisition proposals, recommend financial and nonfinancial strategic objectives and alternatives, and implement and maintain strategic and operational plans
Plans and coordinates business reviews, resource allocations, organization structures, and financial analysis
Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results
Acts as a mentor to colleagues or directs the work of other lower level professionals
Manages large projects or processes with considerable latitude in determining deliverables, limited oversight, coaching, reviewing, and delegating work to lower level specialists
Contributes to defining the direction for new products, processes, standards, or operational plans based on business strategy with significant impact on work group results
Develops solutions to moderately complex problems and/or makes moderate to significant improvements of processes, systems, or products independently to enhance performance
Represents organization as a primary contact for specific projects and initiatives; communicates with internal and external customers and vendors at various levels; may negotiate and influence decision-making
Provides guidance, coaching, and training to other employees within job area; manages major/moderately complex projects involving delegation and review of work products, at times acting as a team leader

Skills

Key technologies and capabilities for this role

Strategic PlanningFinancial AnalysisMarket AnalysisBusiness ReviewsResource AllocationAcquisition AnalysisProject ManagementOrganizational Planning

Questions & Answers

Common questions about this position

What is the employment type for this position?

This is a full-time position.

Is this role remote or does it require office presence?

This information is not specified in the job description.

What skills are required for the Principal Strategic Planning Associate role?

The role requires expertise in developing long-range strategic plans, scanning the environment for business opportunities, performing financial analysis, and managing large projects with considerable autonomy and innovation.

What is the company culture like at Medtronic?

Medtronic fosters a culture of exploration, innovation, purpose-driven leadership, and breaking down barriers to champion healthcare access and equity in a connected, compassionate world.

What makes a strong candidate for this strategic planning role?

Strong candidates are recognized experts who manage large projects with autonomy, contribute to defining new processes or plans, solve moderately complex problems independently, and provide coaching to others.

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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