Vice President of Strategy

Bethesda Senior Living Communities


Date: 3 days ago
City: Colorado Springs, CO
Contract type: Full time
Are you passionate about innovation, growth, and making a real impact? We're looking for a mission-driven leader to step into the role of Vice President of Strategy. This is a unique opportunity to influence the direction of an organization committed to excellence in senior living. If you're inspired by meaningful work and ready to make a lasting difference, we invite you to apply today.

Job Summary: The Vice President of Strategy is a strategic leader responsible for developing, overseeing and accomplishing the organization’s mission, vision, revenue growth strategies and expense reduction objectives. This may include different facets of strategic planning and industry analysis of independent living, assisted living, memory care and other aspects of senior living. Revenue growth may also come via new construction, remodel/conversion of existing real estate or acquisition. In addition, the Vice President of Strategy is responsible for supporting and facilitating processes, which move the organization toward strategic goals and initiatives by increasing financial margin and organizational effectiveness with change management, culture development, leadership development, and team effectiveness. This role involves leading strategic planning, analyzing market trends, identifying opportunities and threats, and guiding the company toward its long-term objectives.

Benefits Include:

  • Medical Insurance - HDHP or PPO (Full-time employees only)
  • Vision/Dental/Life Insurance (Full-time employees only)
  • Health Savings Account with Company Match (Full-time employees only)
  • Flexible Spending Account
  • Company matching 403(b) Plan
  • Paid Vacation
  • Personal, Sick and Holidays
  • Paid Volunteer Program
  • Total Care EAP (Employee Assistance Program)

These benefits may be reduced depending on FT, PT, PRN or temporary job status. To receive certain benefits, eligible employees may be required to meet participation requirements and pay required premiums and other contributions.

BSLC reserves the right to pay a wage/salary that is lower or higher than the above posted compensation range.

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Strategic Management

  • Facilitate strategic planning sessions using various tools and assessments to develop and implement long-term strategic plans to drive growth, profitability, and operational excellence.
  • Support BSLC COO with department specific needs by designing strategic initiatives to meet the defined goals. Monitor and evaluate progress toward goals and provide course correction.
  • Responsible for organizational strategies and correspondence with Value Based Care third-party relationships, communication, negotiations, implementation strategies and community compliance.
  • Use assessment-based tools and information to determine contributing cause of problems to be resolved and design interventions to address the root cause.
  • Leverage artificial intelligence to drive strategic initiatives and innovative care models that enhance operational efficiency, resident care outcomes and long-term growth for Bethesda Senior Living.
  • Define specific measurable goals of success for the defined strategic plans.
  • View the strategic planning process for BSLC as part of the whole, meaning the entire Bethesda organization and the external influences on the plans.
  • Strategize, collaborate, and implement operational and structural changes with other departmental Vice Presidents and Leadership Team members.
  • Support organizational procurement strategies and third-party relationships in the areas of communication, negotiations, pricing strategies and compliance utilization rates. (i.e. GPOs/DSSI).

Revenue and Expense Management

  • Develop and implement company-wide strategic revenue and expense management initiatives that support strategic objectives, ensuring smooth implementation and adoption across the company.
  • Work closely with operations to improve efficiency, resident satisfaction, and financial performance.
  • Review and monitor financial data to ensure spending and budgeting are in line with organizational objectives and BSLC’s mission.
  • Lead cross-functional teams in implementing process improvements and best practices.
  • Supports Bethesda’s Dynamic-Pricing program, reviewing and approving community rate changes as the market and competitive landscape warrants during the fiscal year.
  • Research and identify areas of expense reduction to increase community/home office net income.
  • Review contracts with Vice President of Legal Services to ensure GPO alignment and optimal pricing. Negotiate as needed. Sign contracts once objective is achieved.

Real Estate and Development Support

  • Source and analyze the feasibility of potential development projects, conversion projects and evaluate associated development concepts.
  • Responsible for identifying development pipeline opportunities, feasibility analysis and negotiation of acquisitions in association with the CEO.
  • Work with a variety of professionals, in the design and entitlement process including the Vice President of Construction and Facilities, architects, general contractors, planning consultants, market analysts, environmental consultants and other third-party contractors.
  • Enhance the organization’s reputation as a leader in senior living through thought leadership and industry involvement.
  • May communicate with community groups, government officials and neighboring residents prior to a construction project.
  • Closely involved in operational start-ups and initial team development.

Projects and Research Management

  • Conduct research supportive of initiatives of development and strategic direction.
  • Perform regular analyses of business operations to enhance current business practices.
  • Research and identify new revenue sources to increase community and home office net income.

Philanthropic Support

  • Support the Director of Donor Development or consultants in developing and implementing comprehensive fundraising strategies, including capital campaigns, major gifts, and planned giving to secure essential funding to enhance the organization's mission-driven impact.
  • Support the Director of Donor Development by assisting with key responsibilities, including developing and maintaining strong, long-term relationships with donors, community leaders, church partners, and business leaders; engaging faith-based organizations to foster partnerships aligned with Bethesda’s mission and fundraising goals; and coordinating and participating in donor visits, community events, and other activities to cultivate and steward relationships.

Managerial Breadth/Scope of Job

The Vice President of Strategy directly supervises the Director of Donor Development. This position also supports all Bethesda Senior Living Community departmental Vice Presidents and Leadership Team members by fostering a culture of innovation, collaboration, and excellence in the pursuit of strategic initiatives to ensure company growth and financial stability.

Knowledge/Skills/Abilities

  • Demonstrates a SERVANT heart and attitude by following Bethesda Senior Living Communities’ Mission Statement.
  • Proven experience in strategic planning, business development, and market analysis.
  • Strong understanding of business operations, financial planning, and marketing strategies.
  • Deep understanding of the industry and markets in which the company operates.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Strong leadership and team management skills with the ability to lead and motivate a team of professionals.
  • Strong knowledge of statistics, data analysis, and advanced data collection techniques, with the ability to develop comprehensive Excel worksheets and create clear, effective data presentations.
  • Gifted in the management of people with exceptional communication and interpersonal skills.
  • Ability to thrive in a fast-paced, dynamic environment.
  • Must maintain a current driver’s license and comply with all requirements of our Auto Policy.

Education/Experience

Education:

Bachelor’s degree in gerontology, business administration, or other related fields is required. A Master’s degree is preferred.

Experience:

  • A minimum of five years of experience in one or more of the following fields: healthcare administration, business administration, or quality improvement in a senior services setting.
  • Experience in managing and executing strategic projects.
  • Broad business experience in healthcare, non-profit and real estate development.
  • Knowledge of federal and state laws and regulations relative to our senior living business.

Working Environment/Physical Requirements

This position is in a typical office environment. Computer work is typically over 50% of the day while in the office. This position involves moderate physical activity and requires the ability to handle/lift objects up to 25 pounds. There is also moderate domestic overnight travel, occasionally in extreme weather conditions.

Applications accepted on an ongoing basis until the position is filled.

Knowledge/Skills/Abilities

  • Demonstrates a SERVANT heart and attitude by following Bethesda Senior Living Communities’ Mission Statement.
  • Proven experience in strategic planning, business development, and market analysis.
  • Strong understanding of business operations, financial planning, and marketing strategies.
  • Deep understanding of the industry and markets in which the company operates.
  • Excellent analytical, problem-solving, and decision-making abilities.
  • Strong leadership and team management skills with the ability to lead and motivate a team of professionals.
  • Strong knowledge of statistics, data analysis, and advanced data collection techniques, with the ability to develop comprehensive Excel worksheets and create clear, effective data presentations.
  • Gifted in the management of people with exceptional communication and interpersonal skills.
  • Ability to thrive in a fast-paced, dynamic environment.
  • Must maintain a current driver’s license and comply with all requirements of our Auto Policy.

Education/Experience

Experience:

  • A minimum of five years of experience in one or more of the following fields: healthcare administration, business administration, or quality improvement in a senior services setting.
  • Experience in managing and executing strategic projects.
  • Broad business experience in healthcare, non-profit and real estate development.
  • Knowledge of federal and state laws and regulations relative to our senior living business.

Working Environment/Physical Requirements

This position is in a typical office environment. Computer work is typically over 50% of the day while in the office. This position involves moderate physical activity and requires the ability to handle/lift objects up to 25 pounds. There is also moderate domestic overnight travel, occasionally in extreme weather conditions.

Applications accepted on an ongoing basis until the position is filled.

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