Abbott Laboratories
Associate Director, Business Development and Strategic Partnershi...
Abbott Laboratories - Austin, Texas, us, 78716
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Overview
Job Title: Associate Director, Business Development and Strategic Partnerships
Location: Chicago, Sylmar, Minneapolis, Santa Clara, Austin
Working at Abbott At Abbott, you can do work that matters, grow and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
Do not wait to apply after reading this description a high application volume is expected for this opportunity. - Career development with a global company where you can grow the career you dream of. - Free medical coverage through our Health Investment Plan (HIP) PPO medical plan. - An excellent retirement savings plan with high employer contribution. - Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit. - Recognition as a top workplace for diversity, working mothers, female executives, and scientists. The Opportunity Abbott Medical Devices, with $19B in revenue in 2024, is a global leader in life-changing technologies for managing chronic conditions including Diabetes, Cardiovascular Disease, Chronic Pain, and Movement Disorders.
The Digital Solutions organization, part of the Medical Devices group, leverages digitally enabled technologies to expand patient access and deliver best-in-class customer experiences that improve outcomes.
We are seeking a Associate Director, Business Development and Strategic Partnerships to join our team. This highly visible role will shape and execute strategic partnerships that drive innovation and growth across our digital health portfolio. What You’ll Work OnStrategic Business Development - Lead the identification, evaluation, and execution of strategic partnerships and business development opportunities. - Develop and present business cases, including ROI modeling and strategic fit assessments. - Prioritize opportunities based on impact, feasibility, and alignment with business goals. - Monitor industry trends and competitive dynamics to identify emerging opportunities. Partnership Strategy & Execution - Engage and negotiate with external partners to structure innovative partnership models (e.g., co-development, licensing, joint ventures). - Collaborate with legal, regulatory, and compliance teams to ensure alignment and risk mitigation. - Define shared goals, governance structures, and success metrics for each partnership. Partnership Enablement & Integration - Develop and manage joint work plans, roadmaps, and proof-of-concept pilots. - Facilitate integration with internal teams across product, R&D, commercial, and operations. - Track progress against milestones and KPIs, ensuring accountability and value realization. Leadership & Influence - Serve as a thought leader and trusted advisor to senior leadership on partnership strategy. - Build strong relationships across internal and external stakeholders. - Represent the voice of the customer and market in shaping partnership direction. Education and Experience You’ll BringRequired: - Bachelor’s degree in a relevant field (e.g., engineering, marketing, clinical). - 10+ years of experience in business development, strategic partnerships, or related roles. - Proven ability to lead cross-functional initiatives and influence at all levels. - Strong communication, presentation, and stakeholder management skills. - Results-driven with a strategic mindset and ability to manage ambiguity. - Demonstrated ability to adapt to evolving technologies and market dynamics. Preferred: - MBA or other advanced degree. - Experience in medical devices, digital health, or FDA-regulated environments. - Familiarity with digital health technologies, and AI/ML applications. - Experience with data-driven decision-making and innovation strategy. - Willingness to travel up to 25%.
The base pay for this position is $127,300.00 – $254,700.00. In specific locations, the pay range may vary from the range posted.
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Do not wait to apply after reading this description a high application volume is expected for this opportunity. - Career development with a global company where you can grow the career you dream of. - Free medical coverage through our Health Investment Plan (HIP) PPO medical plan. - An excellent retirement savings plan with high employer contribution. - Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit. - Recognition as a top workplace for diversity, working mothers, female executives, and scientists. The Opportunity Abbott Medical Devices, with $19B in revenue in 2024, is a global leader in life-changing technologies for managing chronic conditions including Diabetes, Cardiovascular Disease, Chronic Pain, and Movement Disorders.
The Digital Solutions organization, part of the Medical Devices group, leverages digitally enabled technologies to expand patient access and deliver best-in-class customer experiences that improve outcomes.
We are seeking a Associate Director, Business Development and Strategic Partnerships to join our team. This highly visible role will shape and execute strategic partnerships that drive innovation and growth across our digital health portfolio. What You’ll Work OnStrategic Business Development - Lead the identification, evaluation, and execution of strategic partnerships and business development opportunities. - Develop and present business cases, including ROI modeling and strategic fit assessments. - Prioritize opportunities based on impact, feasibility, and alignment with business goals. - Monitor industry trends and competitive dynamics to identify emerging opportunities. Partnership Strategy & Execution - Engage and negotiate with external partners to structure innovative partnership models (e.g., co-development, licensing, joint ventures). - Collaborate with legal, regulatory, and compliance teams to ensure alignment and risk mitigation. - Define shared goals, governance structures, and success metrics for each partnership. Partnership Enablement & Integration - Develop and manage joint work plans, roadmaps, and proof-of-concept pilots. - Facilitate integration with internal teams across product, R&D, commercial, and operations. - Track progress against milestones and KPIs, ensuring accountability and value realization. Leadership & Influence - Serve as a thought leader and trusted advisor to senior leadership on partnership strategy. - Build strong relationships across internal and external stakeholders. - Represent the voice of the customer and market in shaping partnership direction. Education and Experience You’ll BringRequired: - Bachelor’s degree in a relevant field (e.g., engineering, marketing, clinical). - 10+ years of experience in business development, strategic partnerships, or related roles. - Proven ability to lead cross-functional initiatives and influence at all levels. - Strong communication, presentation, and stakeholder management skills. - Results-driven with a strategic mindset and ability to manage ambiguity. - Demonstrated ability to adapt to evolving technologies and market dynamics. Preferred: - MBA or other advanced degree. - Experience in medical devices, digital health, or FDA-regulated environments. - Familiarity with digital health technologies, and AI/ML applications. - Experience with data-driven decision-making and innovation strategy. - Willingness to travel up to 25%.
The base pay for this position is $127,300.00 – $254,700.00. In specific locations, the pay range may vary from the range posted.
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