Head of Corporate Strategy
Philips
Date: 2 weeks ago
City: Cambridge, MA
Contract type: Full time
Job Title
Head of Corporate Strategy
Job Description
The Head of Corporate Strategy will shape and execute Philips’ global corporate strategy by identifying high-impact opportunities across the HealthTech landscape, developing value creation plans, supporting execution, and guiding strategic partnerships and investments to drive long-term growth and shareholder value.
Your role:
We believe that we are better together than apart. This role is office-based and this means working in person at least 3 days per week.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
Philips Transparency Details for Cambridge, MA, USA location
The pay range for this position in Massachusetts (MA) is $218,400 to $349,440.
The actual base pay offered may vary within the posted ranges depending on multiple factors, including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Please note that our application will be reviewed after 10th August.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.
Head of Corporate Strategy
Job Description
The Head of Corporate Strategy will shape and execute Philips’ global corporate strategy by identifying high-impact opportunities across the HealthTech landscape, developing value creation plans, supporting execution, and guiding strategic partnerships and investments to drive long-term growth and shareholder value.
Your role:
- Establish a deep understanding of attractive opportunities for Philips in the global HealthTech landscape considering macroeconomic developments, healthcare market changes, competitor moves, and technology trends
- Develop value creation plans addressing these opportunities including actionable implementation measures
- Synthesize plans and business specific strategies into global corporate strategy for Philips
- Establish partnerships and inorganic opportunities supporting the global strategy of Philips
- Execution Support: Partner with Strategy, M&A and Business teams to guide the implementation of strategic initiatives in line with corporate strategy, including global partnerships, acquisitions and minority investments
- Lead and mentor a team of five strategy professionals, fostering a high-performance and collaborative culture.
- Align with and present recommendations to the Philips Board of Management and other key stakeholders, ensuring progress towards corporate goals and securing buy-in for key initiatives.
- Education: MBA or advanced degree in business, science or a related field
- 10+ years of experience in strategy and/or consulting roles, ideally in senior leadership positions with high impact and visibility across organizations.
- 5+ years of operational experience with proven track record of achieving challenging goals, driving direct business impact and/or proven track record in establishing partnerships and driving inorganic measures
- Strong network across the global HealthTech industry
- In-depth understanding of healthcare trends, market dynamics, competitive landscapes, and clinical product development
- Proven understanding of technologies with high impact on HealthTech (including AI/ML, biotech, robotics), ideally based on R&D/product development experiences or an applicable academic background
- Proven ability to develop global corporate strategies and growth strategies with measurable impact.
- Strong leadership and team management experience, with a track record of building high-performing teams
- You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.
We believe that we are better together than apart. This role is office-based and this means working in person at least 3 days per week.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
- Learn more about our business.
- Discover our rich and exciting history.
- Learn more about our purpose.
Philips Transparency Details for Cambridge, MA, USA location
The pay range for this position in Massachusetts (MA) is $218,400 to $349,440.
The actual base pay offered may vary within the posted ranges depending on multiple factors, including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here.
At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Please note that our application will be reviewed after 10th August.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace.
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