Job summary
Job post source
This job is directly from Philips
Job overview
The Head of Corporate Strategy at Philips leads the development and execution of global corporate strategy in the HealthTech sector, driving long-term growth and shareholder value.
Responsibilities and impact
The role involves identifying strategic opportunities, developing value creation plans, supporting execution of initiatives including partnerships and acquisitions, leading a team of strategy professionals, and engaging with senior stakeholders including the Board of Management.
Compensation and benefits
The salary range for the Cambridge, MA location is $218,400 to $349,440, with additional compensation such as annual bonuses and long-term incentives. Benefits include PTO, 401k with up to 7% match, HSA with company contribution, stock purchase plan, and education reimbursement.
Experience and skills
Candidates should have an MBA or advanced degree, 10+ years in strategy or consulting with senior leadership experience, 5+ years operational experience, strong HealthTech industry network, deep understanding of healthcare trends and technologies like AI/ML, biotech, and robotics, and proven leadership skills.
Work environment and culture
Philips emphasizes collaboration with a hybrid work model requiring at least 3 days per week in the office, fostering a culture of impact and care.
Company information
Philips is a global health technology company focused on improving access to quality healthcare worldwide, with a rich history and commitment to innovation in HealthTech.
Team overview
The candidate will lead a team of five strategy professionals, promoting a high-performance and collaborative culture.
Job location and travel
The position is based in Cambridge, MA, USA, with an office-based work requirement of at least three days per week.
Application process
Applicants must have US work authorization; the application review begins after August 10 and the requisition may close earlier if filled. Candidates are encouraged to apply promptly.
Unique job features
The role offers the opportunity to influence global corporate strategy in a leading HealthTech company and work closely with senior leadership and the Board of Management.
Company overview
Philips is a global leader in health technology, focusing on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention to diagnosis, treatment, and home care. They generate revenue through the sale of medical devices, consumer health products, and professional healthcare solutions. Founded in 1891 in the Netherlands, Philips has a rich history of innovation, including the development of the compact cassette and pioneering advancements in medical imaging and patient monitoring systems.
How to land this job
Position your resume to highlight your strategic leadership experience and ability to develop and execute global corporate strategies within the HealthTech sector, emphasizing your knowledge of market dynamics, healthcare trends, and technology impacts such as AI/ML and biotech.
Emphasize your track record in driving partnerships, inorganic growth, and operational success, along with your experience leading high-performing teams and engaging with senior stakeholders including board-level presentations.
Apply through multiple platforms including Philips' official careers page and LinkedIn to maximize your application's visibility and ensure you meet all submission requirements.
Connect with current Philips strategy and business development professionals on LinkedIn, using ice breakers like referencing Philips' commitment to healthcare innovation or asking about recent strategic initiatives in HealthTech to start meaningful conversations.
Optimize your resume for ATS by incorporating keywords from the job description such as 'corporate strategy development,' 'HealthTech landscape,' 'partnerships and inorganic growth,' 'team leadership,' and 'stakeholder engagement' to increase the chances of passing automated screenings.
Jennie Johnson's Power Apply feature can automate tailoring your resume, identify optimal application channels, and find relevant Philips contacts to network with, allowing you to focus your energy on interview preparation and strategic networking.
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