Director, Business Evolution Strategic Development
AbbVie
Company Description
About AbbVie
AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at . Follow @abbvie on LinkedIn, Facebook , Instagram , X and YouTube.
Job Description
AbbVie’s Business Evolution Strategic Development (BESD) Team is responsible for developing and executing forward-looking strategic plans that will ensure AbbVie’s readiness for, and ability to successfully navigate, potential changes in the healthcare environment such as Most Favored Nations (MFN) and other price controls.
PURPOSE OF ROLE
The Director, BESD will support the development and implementation of forward-thinking business and policy strategies that not only navigate today's policy and market landscape but also anticipate and adapt to future shifts. The Director’s innovative ideas and strategic insights will directly support the advancement of AbbVie’s mission and goals. They will lead and/or support cross-functional workstreams to optimize the development of innovative and actionable strategies for AbbVie in a changing external environment leveraging strong collaborative relationships, data and analytics, a strong ability to connect dots and bring complex pieces together to form cohesive, high impact strategies. They must bring an enterprise mindset and deep understanding of, and ideas around the drug pricing environment, and what it means for our business, our pipeline and our stakeholders .
Key Responsibilities:
- Strategic Initiatives: Spearhead the development and execution of innovative and competitive strategies that integrate environment shaping with business readiness to navigate pharmaceutical price reform in the US today and in the future, collaborating tirelessly with cross-functional and external experts.
- Strategic Collaboration: Partner with critical stakeholders across Government Affairs, Market Access, Legal, Finance, and Corporate Affairs across geographies to ensure cohesive alignment towards enterprise goals. Drive strategies forward to achieve targeted objectives and milestones.
- Environmental Analysis and Horizon scanning: Together with key functions and external partners, monitor external political, regulatory, legislative, and market dynamics and develop impactful insight reports on evolving themes to help foster innovative solutions and strategic decision making.
- Business Value Evaluation: Identify opportunities to deliver actionable recommendations that enhance competitiveness and business impact. Support the building of compelling business cases to accelerate strategic solutions.
- Stakeholder Engagement: Develop effective presentations that enable strategic communications of issues, pivotal updates, and business cases to cross-functional leaders; maintain productive relationships with internal stakeholders, ensuring alignment and preparedness.
Core Skills:
- Strategy: Utilize extensive policy and business experience to guide strategies and investments. Lead with an enterprise-wide perspective, aligning diverse interests.
- Execution: Ability to deliver on initiatives with a sense of urgency and agility, with an ability to pivot when and where needed to account for shifting external and internal dynamics.
- Action and Accountability: Advance strategy execution across workstreams. Inspire engagement and make quick, informed decisions amidst shifting market dynamics, continually support and guide teams to overcome obstacles and challenges.
- Influence: Persuasively influence various stakeholders and partners directly and indirectly to achieve strategic goals.
- Collaboration and Teamwork: Collaboratively work with internal and external experts to integrate leading insights into strategy development and ensure seamless cross-functional execution.
Qualifications
- Bachelor’s degree required; MBA or other advanced degree in relevant field preferred.
- Minimum of 6-8 years of progressively responsible experience in government affairs, public policy, market access, or business strategy, with a pharma company, healthcare consulting firm, government agency, or think tank .
- Strong business acumen with demonstrated experience in strategically and creatively shaping policy and business outcomes, with a keen understanding of what it takes to do so effectively.
- Exceptional communications, critical thinking and interpersonal skills, strong ability to influence without authority, the ability to speak and write persuasively and with clarity, strong organizational skills, flexibility, and adaptability to changing requirements, resourcefulness, strong attention to detail, a proven track record of being able to work drive towards deadlines and an ability to work collaboratively in a fluid organizational and external environment.
- Well-honed political sensitivities and the utmost integrity while having the executive presence and acumen necessary to deal effectively with and anticipate the needs of senior leaders and external stakeholders
- Must be an individual who works well in a team environment and enjoys working in a collegial, collaborative and fun, yet highly demanding culture.
Additional Information
Applicable only to applicants applying to a position in any location with pay disclosure requirements under state or local law:
The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
This job is eligible to participate in our long-term incentive programs.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole and absolute discretion unless and until paid and may be modified at the Company’s sole and absolute discretion, consistent with applicable law.
AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.
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