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Medtronic

Corporate Development Dir

Location2 Locations
Work modehybrid
Typefull-time
DepartmentCorporate Development
EquityIncluded
Company size10,000+ people
First seen1w ago
Last seen1d ago
About the company
Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.
A Day in the Life
Role Summary:
The Corporate Development Director is a senior leadership role responsible for driving significant changes to Medtronic commercial initiatives by developing and implementing innovative strategies, engage with external consultant for proactive market insight and trends , and collaborating with cross-functional teams.
The aim of this role is to achieve substantial business growth, all while aligning with the overall strategic goals of the organization; requiring strong analytical skills, leadership capabilities, and a deep understanding of market dynamics to lead large-scale transformation initiatives.
The person should be adroit at developing synergistic alliances in the market with organizations in pharma or digital healthcare delivery. They should be adept at leading without authority & executing change management in complex situations.
Main Purpose:
Strategic Vision & Planning:
Analyze market trends, competitive landscape, customer and consumer insights to identify potential growth areas and opportunities for innovation or alliances. Develop and execute strategic plans, including financial modeling and business opportunity simulations and market data Develop and execute comprehensive commercial transformation strategies aligned with the company’s overall business objectives. Design and implement new business models, concept creation strategies and go-to-market approaches to enhance customer value and market penetration. Direct and lead annual strategic activities such as annual and quarterly QRB Prepare business development proposals, recommend financial and nonfinancial strategic objectives and alternatives, and implement and maintain strategic and operational plans. Identify the needs in various markets for channel/patient financing based on therapy areas. Design mutually beneficial partnerships based on Legal and compliance frameworks of Medtronic.
Transformational Leadership:
Lead cross-functional teams across sales, marketing, product, and operations to drive transformation initiatives by influencing right stakeholders. Oversee the implementation of new commercial processes, systems, and tools to streamline operations and improve efficiency. Facilitate change management activities to ensure smooth adoption of new strategies and minimize disruption within the organization.
Performance Management & Analysis:
Establish key performance indicators (KPIs) to measure the success of commercial transformation initiatives in alignment with the sub-region, VP. Monitor and analyze sales performance data to identify areas for improvement and make data-driven decisions. Develop and implement robust reporting mechanisms to provide insights to senior leadership on commercial performance. Diagnose the gaps in sales operations and design AI based solution in partnership with IT by using AI enabled tools available in Medtronic to improve efficiency of data usage as well as on ground data based decision making
Stakeholder Engagement:
Build strong relationships with key stakeholders across the organization, including senior leadership, sales teams, marketing teams, and Virtual Enablement Solutions teams. Communicate the commercial transformation vision clearly and effectively to gain buy-in and alignment across the organization. Advocate for necessary changes and address potential roadblocks to ensure successful execution of transformation initiatives.
Skill, Experience and Knowledge:
Requires broad management and leadership knowledge to lead multiple job areas, and detailed functional and operational expertise Typically has mastery level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function. A minimum of 12 years of relevant experience with 7+ years of managerial experience, or advanced degree with a minimum of 10 years of relevant experience with 7+ years of managerial experience Good knowledge and work experience in India market is preferred. Ability to manage multi-businesses and functions Strategic long-term thinker, capable of mapping execution to a plan. Adaptive change agent capable of setting vision and developing leaders.
Physical Job Requirements
Legal
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
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Recruitment Fraud Alert
We are aware of phishing scams targeting job seekers. Please keep the following in mind:
Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.
Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.
If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.
If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [email protected].
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Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).This position is eligible for an annual long-term incentive plan.
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