Vice President of Strategic Development

Cassia is a leading provider of senior living solutions dedicated to enhancing the quality of life for seniors. Our mission is to create vibrant, engaging communities that promote independence, wellness, and meaningful connections. We are seeking a strategic and dynamic Vice President of Strategic Development to join our executive team and drive our growth initiatives. This position is located in Edina, Minnesota. 

The Vice President of Strategic Development will be responsible for developing and executing strategic plans to expand our market presence and drive growth in net income. In this role, you will identify, collaboratively evaluate and facilitate the onboarding of senior care and living communities for either acquisition or management by Cassia. The individual will also coordinate the components of our strategic planning process. This role requires a strong understanding of the senior living industry, exceptional leadership skills, and the ability to build and maintain relationships with key stakeholders.

Responsibilities:
Business Development and Growth

• Develop and implement a comprehensive business development strategy to achieve company growth targets.
• Manage lifecycle of business transactions, including mergers, acquisitions, divestitures and strategic partnerships
• Conduct due diligence to assess the viability and risks of potential transactions
• Work closely with various departments, including finance, legal, operations, clinical, and HR to ensure seamless execution of transactions
• Maintain positive relationships with existing 3rd party management/owners and follow-up on topics overlapping the contract (Ops manages day to day)
• Pursue growth in new and existing markets
• Create strategic growth within new and existing service lines
• Lead negotiations with potential partners, buyers, or sellers to secure favorable terms  
• Establish an internal protocol and metrics by which project priorities and viability are evaluated, including appropriate integration of key stakeholders

• Foster a culture of innovation within the organization and industry stakeholders, including investors, operators, and community organizations
• Oversee the planning, execution, and monitoring of strategic initiatives and projects
• Track and analyze the performance of strategic initiatives  
• Lead market research efforts to understand trends, competitor activity, and customer needs
• Prepare and present business proposals and strategic plans to the executive team and board of directors
• Acts as the staff liaison to the Strategic Planning Committee of the Cassia Board of Directors

• 10 years of experience in business development, operations and/or sales leadership, preferably within the senior living or healthcare sectors
• Proven track record of successfully driving growth and achieving sales targets
• Strong analytical skills with the ability to interpret market data and develop actionable strategies
• Current knowledge of state and federal regulations within the sector
• Ability to prioritize and manage multiple tasks
• Excellent skills in problem definition and resolution
• Thorough understanding of all payer sources
• Ability to develop and maintain positive relationships with key stakeholders  

• Competitive wages with credit for experience
• Tuition Discount Opportunities/ Scholarships/ Student Loan Forgiveness (ask for details)
• Paid Time Off (PTO)
• 403(b) with employer match
• Healthcare, dental, health savings, vision, life, disability, & flex spending options
• Employer paid Basic Life Insurance for Full-Time Employees 
• Employee Discount Program
• Longevity Recognition, Paid Volunteer Time, and Mentorship Programs
• Collaborative and Inclusive Work Culture
• Employee Assistance Program with free confidential counseling/coaching for self and family members 

About Us:
Cassia is a faith-based, nonprofit organization with over 200 years of experience caring for those in need. Our Mission is to foster fullness of life for older adults in the spirit of Christ’s love. We take pride in providing compassionate care for our residents by embracing our eight values and service standards: Compassion, Integrity, Excellence, Innovation, Stewardship, Unity, Respect and Collaboration. 

At Cassia, you will be empowered to foster fullness of life for those we serve. Cassia will support your career goals and celebrate your passions. If you are seeking a career experience where you will have fun, be challenged, and recognized for your individuality, Cassia is the answer. I AM Cassia... Are You?

 

Cassia is an equal employment opportunity/affirmative action & veteran friendly employer.