Vice President, Enterprise Research
Medtronic
Summary
This senior enterprise leadership role is responsible for advancing Medtronic's research, technology, and innovation capabilities to enable long-term growth and competitive advantage. The position leads global teams across advanced technology research, preclinical science, and engineering research, driving the identification, incubation, maturation, and transition of breakthrough technologies into Medtronic's portfolios and Operating Units. As a key member of the CTO leadership team, the role also helps shape enterprise technology strategy, research investments, external innovation partnerships, and the development of critical future capabilities.
Job description
Responsibilities
- Develops and directs Medtronic research for a product group or service group and/or geographical area to improve current programs and products as well as create ancillary or new products and services.
- Responsible for clinical trial execution including documentation of product trials, analysis and reporting to prepare documentation required for inclusion in the company's regulatory and legislative product approvals.
- Responsible for the development of clinical protocols to support the product strategy, data collection and management in compliance with appropriate standard operating procedures, regulatory and medical standards.
- Plans and manages the identification, collection and evaluation of new product ideas or strategic product extensions to determine their potential to address customer needs and to achieve goals in revenue growth and market share.
- Leads theoretical and experimental scientific and technological investigations for advancements or new discoveries.
Leadership and Organizational Impact
Manages a function for a region/business unit, or all operations within a country or a business unit including multiple teams led by Directors and/or Senior Directors/VPs. Leads the development and authorization of mid- to long-term strategies for own organization. Accountable for achievement of overall results for own regional organization. Management authority to make significant business and strategic decisions including control of planning, staffing, budgeting, managing expense priorities, and approving changes to methods and practices. Typically has budget or P&L accountability for the business unit across geographies, divisions, product groups or service groups.
Communication and Influence
Communicates with internal and external parties across multiple job functions. Requires ability to communicate with senior executive leadership regarding matters of strategic importance to the organization. Frequently conducts executive strategy and planning sessions with senior leaders both within and outside of the job function. Influences across functions and businesses to negotiate and gain cooperation on divergent objectives.
Leadership and Talent Management
Manages a function for a region/business unit, or all operations within a country or a business unit which includes multiple teams led by VPs, Directors and Managers. Determines organizational structure and develops talent strategies. Authorizes hiring, firing, promotion and reward authority within own area.
Required Knowledge and Experience
Requires advanced business knowledge, general management and leadership capability to lead several business or functional teams. Typically has deep domain expertise in one or more functional areas plus broader practical experience across multiple professional disciplines within the organization. Requires a Baccalaureate degree and minimum 18 years prior relevant experience; with Masters or other advanced degree, minimum 15 years prior relevant experience, minimum of 15 years of managerial experience.
Requirements
- Baccalaureate degree (or equivalent per 8 C.F.R. § 214.2(h)(4)(iii)(A))
- Minimum 18 years prior relevant experience with Baccalaureate degree
- Minimum 15 years prior relevant experience with Masters or advanced degree
- Minimum 15 years of managerial experience
- Advanced business knowledge and general management capability
- Deep domain expertise in one or more functional areas
- Experience leading several business or functional teams
- Clinical trial execution and documentation experience
- Clinical protocol development and regulatory compliance experience
Benefits
- Health, Dental & Vision Insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life Insurance
- Long-term Disability Leave
- Dependent Daycare Spending Account
- Tuition Assistance/Reimbursement
- Well-being Program
- Incentive Plans
- 401(k) Matching
- Short-term Disability
- Paid Time Off
- Paid Holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
- Non-qualified Retirement Plan Supplement
- Capital Accumulation Plan
Company overview
Medtronic is a global healthcare technology leader and one of the world's largest medical device companies, founded in 1949 in Minneapolis, Minnesota. The company operates in over 150 countries and employs more than 90,000 people worldwide. Medtronic's mission is to alleviate pain, restore health, and extend life through innovative medical technologies. The company develops and manufactures devices and therapies to treat more than 70 health conditions, including cardiac devices, cranial and spine robotics, insulin pumps, surgical tools, patient monitoring systems, and more. With a rich history that began with the invention of the battery-powered pacemaker, Medtronic has grown into a diversified healthcare technology company with four main business units: Minimally Invasive Therapies Group, Diabetes Group, Restorative Therapies Group, and Cardiac and Vascular Group. The company's therapies help approximately 72 million people annually and represent a significant force in advancing medical technology to address some of humanity's most challenging health problems.