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Cardinal Health
Vice President, Strategy & Business Development
Career Insights for Corporate Development Manager
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Based on Ohio data
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What they do
A Corporate Development Manager helps develop, manage and analyze corporate development through mergers and acquisitions or strategic alliances. Leads research, cost/benefit analyses of mergers, and communicates results to stakeholders. Includes developing and maintaining professional relationships, marketing the proposed changes and assisting in transitions.
$127,683 / year median in Ohio
+2% projected growth
Job Description
Position Summary The Pharmaceutical & Specialty Solutions Segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products in the United States. This segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; provides pharmacy management services to hospitals, as well as medication therapy management and patient outcomes services to hospitals, other healthcare providers and payers; and repackages generic pharmaceuticals and over-the-counter healthcare products. Strategic Planning is responsible for leadership, direction and expertise in the development of business strategy, strategic management disciplines and business analytics that support the company's mission, vision and valuation objectives, in close collaboration with business leaders. Strategy & Business Development is responsible for developing and supporting the realization of strategic plans and management agendas including organic and inorganic growth initiatives. The Vice President, Strategy & Business Development will focus on Cardinal Health's upstream and downstream Specialty businesses and will report into the Senior Vice President, Strategy & Business Development for the Pharmaceutical Segment. S/he will be responsible for identifying and leading strategic projects that will drive growth for the company, bringing to bear both thought leadership and project leadership to create momentum and enable action. Responsibilities Lead strategy development for the Specialty businesses and create linkages across the business strategies where appropriate Lead the development of and prepare best-in-class content to support strategic recommendations Anticipate and build alignment around the evolution of the industry landscape Determine strategic direction by identifying gaps in the existing portfolio as well as determining capabilities to scale which could be increased Lead or assist with the creation of all phases of a business case (e.g., market analysis, value proposition, strategic fit, economic models and launch) to support a new initiative Proactively prospect for, develop and maintain a pipeline of strategic opportunities Drive business unit merger and acquisition processes from the business unit perspective, in conjunction with Corporate Development. Remain involved in acquisitions post-integration with a vested interest in ensuring the acquisition becomes sustainable post integration Serve as a trusted advisor to the leaders across the Specialty businesses and collaborate with them in the development of strategic direction and objectives Serve as a senior people leader for the Strategy and Business Development team, with responsibility for hiring, coaching, developing, and managing team members while fostering a culture of accountability, growth, and high performance Qualifications Bachelor's degree in Business, Master's degree in business or related area strongly preferred Minimum of 10 years of experience in strategy and/or healthcare roles, preferred Strong understanding of strategic thinking, business acumen and analytical methods Demonstrated familiarity and understanding of the strategic landscape and competitive environment for specialty pharmaceuticals and related healthcare services Mergers and acquisitions and/or partnership development experience preferred Strategic thinker with the ability to develop actionable, high-value strategies Collaborator to leverage resources and capabilities across teams Influential leader and trusted advisor with the highest integrity Exceptional verbal and written communication skills with the ability to alter for varying audiences Innovative coupled with an entrepreneurial spirit Strong financial acumen and business savvy Individually motivated Anticipated salary range : $166,300 - $281,270 Bonus eligible :