The Department of Strategy and Business Development conducts and supports measurement, research and dissemination of Children's Hospitals and Clinics health care practices, technologies, processes, care models and systems. It seeks to examine the effectiveness of diagnostic, therapeutic, and preventive health care services and procedures with the objective of improving patient outcomes and care delivery models. Specifically, Strategy and Business Development conducts and supports intramural and extramural research on medical and care delivery effectiveness, patient outcomes, patient safety, and evidence-based practice; manages and conducts research and related activities to improve methods and measures for outcomes and effectiveness research, cost-effectiveness analysis, evidence-based systematic reviews and technology assessment; supports research to enhance the safe and appropriate use of therapeutics, including pharmaceuticals and devices; and helps to disseminate and implement research findings into practice. The Department of Strategy and Business Development also informs and supports Children's strategic planning and decision-making processes.
The vice president of strategy and business development is responsible for leading a team accountable for strategy and business development, enterprise PMO, business analytics, partner integration, business advisory/improvement services and planning/governance functions. This role will also review and establish the future functions of innovation and digital health for the organization. This role provides visionary leadership and strategic direction that fosters innovation, excellence and engagement, and supports the organization's mission, vision and values. The function is responsible for establishing Children's Minnesota overall strategic vision - and ultimately improving children's health by providing the highest quality, family-centered care and experience. The vice president leads the function by collaborating with others in the organization, partnering with the community and engaging departmental team members. This position is a key member of the executive leadership team. The role reports to the Senior Vice President, System Operations & Chief Strategy Officer for Children's Minnesota.Direct reports to the Vice President includes 3-5 direct reports, a team of 20-30 indirect reports.
A minimum of 15 years’ progressive and comprehensive leadership experience within strategy and business development, preferably in a medium or large corporate or organizational environment with complex systems.
Prior experience in leading a Project Management Office as well as a strong knowledge of Business Analytics, preferably as it relates to health care.
Proven experience leading a strategy and business development function in order to meet an organization’s needs and contribute positively to business results.
A successful track record developing and implementing comprehensive organization wide multi-year strategic plans, with aligned annual planning and operational management systems, and measurable outcomes.
A demonstrable track record in exploring, creating and launching new programs and services within an organization, based on evolving industry trends, innovations, and alignment with organizational goals.
Bachelor’s degree required. An MBA or Master’s degree in a related field is strongly preferred.
Demonstrated understanding of business strategy with a proven track record of leading an organization wide multi-year strategic planning process, integrating the voice of the customer, Board members, clinical leaders, and industry trends for organizational performance.
Understanding of business analytics and how to lead the function in a way that will transform diverse information sets from multiple areas into actionable data to support effective and timely business decision making, value based care initiatives, and clinical care.
Ability to foster an environment that promotes professional growth and staff development and builds motivated, high-performing teams through effective leadership and mentoring; ability to develop a culture of trust, openness, collaboration and mutual respect.
Proven experience providing strategy and business development expertise, consultation and guidance to senior clinical and operational leadership to effectively and continuously establish and implement key strategies in the context of the organization’s mission and values, and to advance organizational strategic imperatives.
Dedication to treating both internal and external constituents as clients and customers, maintaining a flexible customer service approach and orientation that emphasizes and delivers service satisfaction and quality.
Demonstrated ability to manage multiple tasks simultaneously in a hands-on manner, adjusting to issues as needed in a dynamic and deadline-driven environment. The ability to prioritize and effectively anticipate and respond to issues as they arise.
Able to work collaboratively and cross-functionally to achieve shared goals, and track record of success in communicating and fostering effective and collegial relationships with clinicians and operational / support functions.
Comfortable and credible in representing and communicating Children's mission, values, standards and business model to internal and external stakeholders.
High integrity, fortitude, creativity, curiosity and positive approach to problem solving.
Forward-thinking, innovative drive to continuously improve; applies to systems and personnel leadership, bringing external concepts to internal reality with sound business principles.
Strong “executive presence” to interact successfully with the Board, senior leaders, and external audiences in delivering messages and driving strategy. Excellent written and verbal communication and presentation skills – appropriately created for and delivered to a wide variety of audiences.
Ability to develop and manage departmental budgets and understand critical organizational financial issues.
Skill in mentoring, developing, and providing direction to direct and indirect team members.
Internal Number: 1802718S
About Childrens Minnesota
At Children’s Minnesota, we don’t simply care for kids. We care for the most amazing people on earth. For more than 90 years, we have proudly served our community as an independent and not-for-profit system dedicated to providing health care exclusively to children, from before birth to young adulthood. With two hospitals, 12 primary and specialty care clinics, and six rehabilitation sites, and representing more than 60 pediatric specialties, Children’s Minnesota has the largest and broadest team of pediatric experts in the region. An award-winning health system, Children’s received Magnet® recognition from The American Nurses Credentialing Center (ANCC) in 2018 and is regularly ranked by U.S. News & World Report as a top children’s hospital.
We’re looking for individuals who are driven to join us in our mission to champion the special health needs of children and their families. Who want to be part of something bigger. Who want to grow, innovate and improve. Who want to make Children’s Minnesota an even better place tomorrow.