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Job Information
ThermoFisher Scientific Sr Director MBD Strategy and Programs in Waltham, Massachusetts
Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
Thermo Fisher Scientific Inc. leads the global scientific community, generating an annual revenue of approximately $40 billion. Our Mission is to empower our customers to contribute to a healthier, cleaner, and safer world. Whether our customers are involved in scientific research, overcoming analytical challenges, advancing patient health through diagnostics, or pioneering life-changing therapies, we stand firmly by their side. Our diverse team of over 100,000 colleagues across the globe provides access to innovative technologies, convenient purchasing options, and pharmaceutical services through our renowned brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. For more information, please visit www.thermofisher.com.
The Microbiology Division (MBD) is part of Thermo Fisher Scientifics' Specialty Diagnostics group and is recognized globally as a leading manufacturer of culture media and other microbiological diagnostic products. These products are widely used in clinical, food, and pharmaceutical laboratories. With over 2300 employees across the Americas, Europe, and Asia, the division generates approximately $600M in revenue. Our primary global sites are located in Basingstoke, UK, and Lenexa, Kansas, USA, with 10 other manufacturing sites across Europe, UK, North America and Asia Pacific. Additionally, we have multiple distribution centers, all of which are part of a global supply chain that serves our customers worldwide.
How you will make an impact:
As the Senior Director MBD Strategy and Programs, you will report into the Division President and provide strategic thought leadership and program management on key areas affecting the success of the division:
Driving the long-term business strategy development addressing mergers and acquisitions, partnering and organic growth.
Supporting initiatives that involve multiple divisions to make the most of TFS's extensive resources and capabilities.
Managing strategic internal and external partnerships and contracting.
Program managing cross-functional initiatives around divisional strategic focus areas.
A critical part of this role will be the ability to translate strategy into actions and partner with MBD Divisional Leadership Team to implement. You will also join the group meetings related to Inorganic Growth.
What you will do:
PROGRAM MANAGE DIVISIONAL STRATEGIC FOCUS AREAS
Be a contributing leader of division leadership team, ensuring cross-functional collaboration and achievement of growth targets and overall business results.
Lead the planning, execution, and management of cross-functional projects supporting strategic focus areas. Specifically:
Select in partnership with divisional leadership team key strategic projects to program manage at division level.
Establish and orchestrate program governance structure, gaining alignment on roles and responsibilities for project teams and scoping program objectives, resources and timeline.
Identify stakeholders involved in the program, understand their needs and expectations, and effectively manage their involvement and support throughout the program duration.
Hold routine program status review meetings with project teams, monitoring agreed-upon performance indicators and project goals, and addressing any concerns or assistance required. Proactively handle any modifications, evaluating their impact and obtaining appropriate evaluations and authorizations.
Coordinate regular meetings with executives and establish effective communication channels to ensure informed decision-making for successful program delivery on schedule and within budget.
Develop the strategy
Collaborate with all functional teams across the division, group, and corporate levels to gather input and provide support for division critical planning and projects.
Develop global intelligence gathering, analysis and communication process, sources and tools to support the business strategy development and update.
Monitor, track, interpret and anticipate industry developments, regulatory changes, and technological advancements to inform strategic decision-making on current and future opportunities.
Develop and implement MBD’s 5-year strategic plan (STRAP) in partnership with the division leadership team. Lead the (STRAP) process, including coordinating input and analysis of possible initiatives and development of presentations.
Define and develop the Strategy Council, a forum to monitor progress on the execution of the STRAP and make strategic decisions for the MBD business.
Prepare and share periodic executive reports on the progress of strategic projects and provide updates during business reviews and deep dives using metrics, roadmaps, dashboards & actual financials.
Develop the business
Develop and drive M&A and partnering strategy for the division, in collaboration with division leadership team, the Group, and Corporate.
Foster and sustain strong relationships with all stakeholders, including clients, partners, industry experts, and government entities.
Develop and document a deep understanding of different customer segments and their associated needs. Identify significant areas of unmet need, evaluate the business portfolio and develop strategic rationale and recommendations on changes to the focus and levels of investment/ resource allocation.
Build market models based on primary and secondary research; evaluate initiatives to qualify their business and financial attractiveness. Update analysis using timely and accurate information sources; work with external and internal teams to define primary research projects scope aligned with the strategic plan and available budget.
Identify, screen, analyze and recommend inorganic growth opportunities such as strategic partnerships, alliances, mergers and acquisitions through new products, geographic expansion, and access to new technologies in close coordination with Corporate and Group Business Development and the MBD Leadership Team.
Lead research and analysis for assessing fit, feasibility, and profitability of inorganic growth opportunities. Ensure development and use of financial models and metrics to support decision-making and measure the success of business development initiatives in cooperation with group and corporate business development teams.
Actively participate in acquisitions: targeting, due diligence and integration and change management of the scientific and technology parts of the newly acquired businesses.
Collaborate with functional leaders to identify and present potential opportunities to senior management for evaluation and decision-making.
Manage relationship with key partners and manufacturer of instruments. Responsible for negotiating and participating in drafting legal agreements and ensuring alignment with the divisional and functional strategic objectives.
How will you get there?
University degree in in business, life sciences, diagnostics, health care or related field, MBA preferred.
10+ years of relevant professional experience, including broad-based experience in strategy and market/financial analysis within a Corporate or Consulting setting.
Industry knowledge and thought leadership, with experience in defining strategic roadmaps in regulated life sciences companies, preferably in IVD.
Demonstrable and successful experience in M&A, Partnerships and Licensing including track-record in transactions, negotiations, contracting and integrations. Experience working with and managing external partners.
Customer-focused attitude, along with a solid grasp of customer behavior and preferences. Embraces innovative and forward-thinking strategies for managing customer experience.
Excellent strategic, analytical and critical thinking. Proven capability in crafting and implementing strategic plans.
Strong communication and presentation skills, along with executive presence. Ability to collaborate with cross-functional teams and senior leadership in a Global Matrix Environment.
Strong track record of driving operational excellence and continuous improvement. Highly self-motivated with ability to manage and prioritize multiple projects and initiatives both short-term and long-term goals. Not afraid to ‘roll your sleeves up’ and work with details as well as the big picture.
Culturally sensitive; lived and/or worked in multiple countries.
Fluency in English (written and spoken) plus one other language advantageous.
Approximately 25% travel.
Benefits:
We offer competitive remuneration, annual incentive plan bonus scheme and a range of employee benefits! Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospect. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation.
Thermo Fisher Scientific is an EEO/Affirmative Action Employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.
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