Vice President, Strategy & Business Development

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Job description

Date Posted:
November 04, 2021
Department:
Strategy
Shift:

Hours Per Week:
40
Union Contract:
Non-Union
Weekend Rotation:
None
Job Summary:
Partner with the SVP, Chief Strategy and Growth Officer and other senior leaders to shape strategic initiatives for the system and individual business units, as well as assess the impact of changing industry dynamics on our business and formulating potential responses. Lead key strategic initiatives and inorganic opportunities that will accelerate our growth. Drive the strategic planning for the system and also implement the process for mergers and acquisitions as well as help identify, evaluate, and manage relationships with third parties and take responsibility for structuring and executing partnerships. Lead SBD teams and will be critical in the retaining, recruiting and developing talent.
Job Description:
Principle Responsibilities

• Strategy and Planning
  • Leads system wide strategic initiatives
  • Uses innovative approaches, internal and external knowledge to oversee strategic planning team in development of a system strategic plan for key business areas
  • Identifies growth opportunities and risks, while assessing alternatives and recommendations for growth
  • Builds relationships with senior leadership and key stakeholders, work collaboratively with department colleagues and peers
  • Performs portfolio management assessments against desired outcomes and metrics
  • Conducts assessments on various growth opportunities, white space market entry/expansion opportunities consistent with the strategic vision
• Strategic Business Development
  • Directs business development transactions focusing on care continuum partnerships, physician and hospital transactions, and other new business opportunities from assessment through implementations
  • Provides leadership on Partnership and M&A transactions
  • Leads development of financial and valuation models for transactions and identify/assess opportunities and risks including financial, operational, and integration related
  • Monitors and tracks transaction performance against value drivers, KPIs and milestone metrics
• Department management and development
  • Leads team of directors, managers and individual contributors
  • Implements professional development programs for team members
  • Develops and monitors budget related to expenses and staffing
• Leadership and communication
  • Works with CSO and other senior executives in preparation for ELT meetings including retreats and Board meetings
• Other duties as assigned.

Job Requirements

• Bachelor's degree in Business Administration, Management or related field required
• Master's degree in Business Administration, Management or related field preferred
• 10 to 15 years in leading corporate/business strategy development and/or transactions required
• 5 to 7 years in people management required

Leadership Capabilities

• See the Big Picture: Know where we are going as an organization. Use sound judgement and critical thinking to make good decisions that support our mission.
  • I create strategies to make significant impact on the business
  • I know how to build a compelling picture of growth and opportunity
  • I make coherent arguments for change and innovation
  • I help teams understand the implications of decisions so they reinforce strategic priorities
  • I set clear goals that derive from the Allina strategy
• Inspire Greatness: Inspire others by connecting their purpose to the broader mission. Lead others through change and celebrate success.
  • I communicate strategic priorities and shape disciplined attention
  • I build commitment and align teams to a common vision
  • I act as a change agent to mobilize the organization as we adapt to the opportunities
  • I engage key stakeholders to rally support and build cooperative team alignment
• Foster Learning and Growth: Role model growth, ongoing development and self-care. Empower, coach and encourage others to be at their best selves.
  • I role-model self-care and collegial care
  • I develop the talent pipeline by establishing bench strength in support of future business demands
  • I foster development by making sure individuals get the experiences needed to grow
  • I unleash talent by reinforcing the possibilities and encouraging active development
  • I actively pursue diversity in my talent pipeline by recognizing a broad range of perspectives, approaches, and styles
• Deliver Excellence: Set and align clear goals, measure results, and continually improve safety, quality, experience, and innovation.
  • I shape an environment where accountability is emphasized, communicated, and expected
  • I actively empower by building confidence and creating excitement for key objectives
  • I confront problems by exhibiting fortitude and candor
  • I take decisive action to overcome road blocks and address gaps in performance
• Succeed Together: Connect with others authentically. Recognize the value of each individual and seek diverse points of view. Collaborate to succeed together.
  • I actively shape a positive organizational climate
  • I enable key partnerships by keeping others informed and supporting cross-functional initiatives
  • I build organization-wide influence by staying visible and building relationships
  • I influence opinion leaders and create energy for addressing key changes

Functional Competencies

• Business Impact: Sets goals for the function.
• Communication Skills: Advanced communication skills used to lead a team.
• Strategic Responsibility: Sets or influences strategy for his/her function.
• Collaboration: Strengthens alliances with other divisions to create opportunities internally and externally.

Physical Demands
Sedentary:
Lifting weight Up to 10 lbs. occasionally, negligible weight frequently
Additional Job Description: