Job Description
The Associate Director, Strategy is responsible for evaluating, analyzing, and making recommendations on new business development opportunities and strategic plans. The role is responsible for management of various projects including facilitation of the work of internal and external teams that create business and strategic plans. Work team members generally include key physician leaders and operations management. This role supervises strategy managers, associates and analysts assigned to the project. There is also significant interaction with the leadership of the Medical Center and the Medical Delivery Network in support of overall strategic and development opportunities. This position also assists the Executive Director with ensuring quality and consistency of business plans and products presented to senior management. Duties include:
- Managing a team of experienced strategy managers, associates, and analysts on a project specific basis. Supporting the team’s continued development and success and elevates the quality of their work.
- Developing and completing business plans on their own on a project specific basis.
- Providing overall project management including facilitation of multi-discipline work teams. Overseeing strategy projects and activities including the development and completion of business plans, detailed market assessments, evaluating of operational needs for new programs, services and technology, including staffing requirements and capital needs.
- Leading development of financial analyses, including pro-formas for new and/or existing programs, services, and healthcare technology using standard acceptable methodologies to evaluate new business opportunities. Identifying and retrieving data and converting it into information required to make decisions on new business development opportunities.
- Effectively managing partners and serving as a thought partner for Executive Directors and Vice Presidents across the enterprise around strategic work, including gathering inputs, synthesizing ideas, gaining buy-in, and helping to drive decisions.
- Providing staff support for Department Managers and Directors, Service Line Vice Presidents, Clinical Chairs, and key physician groups, both within the Medical Center and the Medical Delivery Network on special business development projects.
- Effectively communicating findings and recommendations to senior leaders across the academic system with executive presence. Building cohesive storylines including the development of materials with clear narratives and compelling visuals for senior audiences (e.g., Executive team, Board).
- Working with strategy managers, associates, and analysts and operations staff to convert business analyses into implementation plans in a variety of different clinical settings to ensure successful implementation of a portfolio of key strategic projects (i.e., inpatient and outpatient hospital, physician office, etc.)
- Leading and/or facilitating multi-disciplinary working groups within the Medical Center and the Medical Delivery Network in the development of business, operations or strategic plans.
- Providing consulting assistance as required to operations staff during and after implementation of new programs, services, etc. Directing review analyses of programs and compares their results to business plans and/or budgeting targets.
- Contributing to the strategy development by monitoring, evaluating and providing information on key market trends resulting from changing healthcare legislation, on local and national trends regarding third party reimbursement, and on new technology that could impact the way in which care is provided.
- Occasionally providing staff support for Department Managers and Directors, Service Line Vice Presidents, Clinical Chairs, and key physician groups, both within the Medical Center and the Medical Delivery Network on special business development projects.
Qualifications
Requirements:
- Bachelor’s degree required, preferably a BS with course work that includes planning, finance, marketing, accounting, information systems and business strategy. MBA, MPH, MBA, MPH, or MPA preferred.
- A minimum of 7 years of previous planning, finance, and/or business development experience in a healthcare organization or consulting organization providing services to the healthcare industry required.
Req ID : 1538
Working Title : Associate Director, Strategy
Department : Business Development
Business Entity : Cedars-Sinai Medical Center
Job Category : Strategic Plan / Business Dev
Job Specialty : Strategic Planning
Overtime Status : EXEMPT
Primary Shift : Day
Shift Duration : 8 hour
Base Pay : $147,000.00 - $265,000.00