Description
The Vice President, Enterprise Innovation Strategy & Portfolio Leadership will establish and operate the company's innovation platform, creating governance, portfolio management disciplines, external ecosystem relationships, incubation processes, and commercialization pathways. This leader will focus on opportunities that extend beyond existing business boundaries while helping the enterprise identify and advance adjacent growth opportunities. Key responsibilities include:
Enterprise Innovation Strategy & Portfolio Leadership
- Develop and lead the enterprise innovation strategy and long-term growth agenda aligned to enterprise priorities.
- Establish and govern a balanced innovation portfolio spanning adjacent growth opportunities, cross-enterprise innovation, disruptive business models, and emerging growth platforms.
- Identify and prioritize opportunities with potential to create meaningful enterprise value and strategic advantage.
- Create visibility into innovation portfolio performance, investment allocation, commercialization progress, and value creation.
Innovation Operating System & Governance
- Design and operate the enterprise innovation operating system, including opportunity identification, prioritization, governance, incubation, commercialization, and scaling processes.
- Establish stage-gated innovation frameworks and investment disciplines that support evidence-based decision making.
- Create governance mechanisms that determine when opportunities should be accelerated, refined, scaled, partnered, acquired, or discontinued.
New Business Creation & Growth Platform Development
- Identify unmet customer, employer, provider, payer, and consumer needs that create opportunities for new business development.
- Design new products, services, capabilities, platforms, and business models that address emerging market opportunities.
- Evaluate adjacent markets and growth categories where the organization can create competitive advantage.
Innovation Incubation & Venture Building
- Own the innovation funnel that transforms emerging ideas into investable business opportunities.
- Create and oversee the enterprise innovation pipeline from opportunity identification through commercialization.
- Lead rapid experimentation and pilot programs to validate customer value, feasibility, viability, regulatory readiness, and enterprise fit.
Strategic Partnerships & Ecosystem Innovation
- Build and activate a broad network of strategic partners, startups, venture investors, technology providers, academic institutions, healthcare innovators, and ecosystem participants.
- Expand the organization's external innovation ecosystem to accelerate learning, opportunity development, and commercialization.
Innovation Investment & Experimentation
- Establish a culture of disciplined experimentation and validated learning across the innovation portfolio.
- Develop evidence-based approaches to testing market demand, operational feasibility, regulatory readiness, and commercial viability.
Executive Leadership & Enterprise Influence
- Serve as a trusted advisor to the Executive Leadership Team regarding future growth opportunities and emerging market shifts.
- Shape enterprise discussions around innovation priorities, growth opportunities, ecosystem partnerships, and future business models.
The successful candidate will have 15+ years of experience in innovation, new business development, venture building, product strategy, healthcare strategy, consulting, corporate development, entrepreneurship, or related fields. They will have a demonstrated track record of launching new products, services, businesses, or growth initiatives, and influencing executive leaders and driving enterprise change.
The salary range for this position is $272,200 - $408,400 per year, depending on experience and geographic location. The role is also eligible to participate in an annual bonus and long-term incentive plan. Benefits include medical, vision, dental, and well-being and behavioral health programs, 401(k), company-paid life insurance, tuition reimbursement, and paid time off.