Director, Commercial Strategy Development

Job description

Job Description Director, Commercial Strategy Development The Enterprise Strategy Office (ESO) develops, implements, and drives enterprise strategy in support of our company, its customers, and shareholders. The scope of this group includes ​​strategic program management, enterprise strategic planning, risk management, as well as strategic venture investments in healthcare as part of our Global Health Innovation fund. Together, we identify business critical challenges, create, and evaluate options, and ensure effective implementation and cross-functional engagement. Position Description: The Director of Commercial Strategy Development will lead and support strategy development for enterprise-critical commercial initiatives, assessing and designing priorities that are complex questions with significant upside for the company, but high ambiguity. This includes ongoing initiatives across our Company as well as the establishment of new strategies and capabilities. This role will work cross-functionally with senior leaders (e.g., Executive Team, ET-1, ET-2) to socialize and refine initiatives, building a coalition of support that is needed to drive the creation of value and adoption of change. The ideal candidate will possess innovation, insight, commercial acumen, and broad market perspectives to provide commercial strategy expertise for our company. Compelling candidates will have strategic consulting experience, well-rounded capabilities as well as pharmaceutical industry experience. Commercial, marketing, market access and/or analytics experience are particularly valuable for this role. Reporting to the Associate Vice President, Head of Commercial Strategy Development, Enterprise Strategy. Located in Rahway, NJ preferred. Candidates from Upper Gwynedd, PA will be considered Primary Responsibilities: Lead and support the development of enterprise critical commercial initiatives. Identifying opportunities, creating evaluations, and recommendations, in collaboration with commercial executive leaders Partner in the implementation of critical commercial priorities that require substantial cross-divisional collaboration, strategic thought-partnership, and negotiation to deliver the best solution and impact for the business Use existing or develop novel strategic frameworks to lay out potential options, evaluate implications and conduct ‘what you need to believe’ or similar analytical analyses to drive to a final recommendation Bring outside-in perspectives, contributing new ideas and priorities to commercial leadership, leveraging experience and depth of understanding of evolving industry trends Collaborate with commercial leader on prioritized therapeutic area needs and launch excellence providing strategic thought-partnership Manage directly and indirectly internal and external associates dedicated to our programs Create thriving and psychologically safe engagements, leading without authority to provide new and novel strategic perspectives Position Qualifications: Education and Industry Experience Requirement: Bachelor's degree or equivalent required, Master in Business Administration or PhD preferred 4+ years of strategy management consulting experience from a top-tier firm (e.g., BCG, McKinsey, Bain) Minimum of 5+ years of biopharmaceutical experience across diverse roles of increasing responsibility, including commercial experience in US/Global marketing and asset launches required Required Skills: Use existing or develop novel strategic frameworks to lay out potential options, evaluate implications and conduct ‘what you need to believe’ or similar analytical analyses to drive to a final recommendation High business acumen distilling complex commercial problems, create structured framing, assessments, and actionable recommendations in collaboration with commercial colleagues Analytical expertise and external landscape knowledge to build data-driven insights to inform recommendations Strong ability to influence decision-making in a highly matrixed organization, demonstrating empathy, collaboration, and high Emotional Intelligence Demonstrated ability to thrive in ambiguity, exceling in bringing cross-functional colleagues together leading high-priority initiatives Ability to prioritize time and problem solve to focus on most impactful initiatives Strong communicator with excellent verbal and written skills; ability to communicate effectively with senior management and across all levels of the business Driven, curious, and collaborative professional with a growth mindset, strong organizational skills, and a willingness to learn. Required Skills: Biopharmaceuticals, Business Acumen, Business Administration, Commercial Strategies, Environmental Scanning, Forecasting Models, Growth Mindset, Resource Management, Strategic Business Consulting, Strategic Collaborations Preferred Skills: Business Development, Commercial Awareness, Industry Knowledge, Innovation, Portfolio Strategies, Strategic Consulting, Strategy Execution Current Employees apply HERE Current Contingent Workers apply HERE US and Puerto Rico Residents Only: Our company is committed to inclusion, ensuring that candidates can engage in a hiring process that exhibits their true capabilities. Please click here if you need an accommodation during the application or hiring process. As an Equal Employment Opportunity Employer, we provide equal opportunities to all employees and applicants for employment and prohibit discrimination on the basis of race, color, age, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or other applicable legally protected characteristics. As a federal contractor, we comply with all affirmative action requirements for protected veterans and individuals with disabilities. For more information about personal rights under the U.S. Equal Opportunity Employment laws, visit: EEOC Know Your Rights EEOC GINA Supplement​ We are proud to be a company that embraces the value of bringing together, talented, and committed people with diverse experiences, perspectives, skills and backgrounds. The fastest way to breakthrough innovation is when people with diverse ideas, broad experiences, backgrounds, and skills come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. Learn more about your rights, including under California, Colorado and other US State Acts The salary range for this role is $169,700.00 - $267,200.00 This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. An employee’s position within the salary range will be based on several factors including, but not limited to relevant education, qualifications, certifications, experience, skills, geographic location, government requirements, and business or organizational needs. The successful candidate will be eligible for annual bonus and long-term incentive, if applicable. We offer a comprehensive package of benefits. Available benefits include medical, dental, vision healthcare and other insurance benefits (for employee and family), retirement benefits, including 401(k), paid holidays, vacation, and compassionate and sick days. More information about benefits is available at https://jobs.merck.com/us/en/compensation-and-benefits. You can apply for this role through https://jobs.merck.com/us/en (or via the Workday Jobs Hub if you are a current employee). The application deadline for this position is stated on this posting. San Francisco Residents Only: We will consider qualified applicants with arrest and conviction records for employment in compliance with the San Francisco Fair Chance Ordinance Los Angeles Residents Only: We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of