What are the responsibilities and job description for the Associate Director, Corporate Strategy & Development position at Thermo Fisher Scientific?
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer.
Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them.
This role will be based within our Clinical Research Group (CRG), a global provider of clinical development and analytical (lab) services. CRG is the legacy PPD business, one of the world’s leading Contract Research Organizations.
The Associate Director of Strategy & Corporate Development is an integral part of the broader team and reports into the Executive Director/Vice President of Strategy & Corporate Development. This individual will identify emerging industry trends and how they may affect CRG, evaluate white space opportunities for possible expansion and assess market and competitive dynamics as part of organic and inorganic growth initiatives. This role also includes helping translate higher level growth strategies into actionable implementation plans that may span organic build, M&A investments or partnerships/JVs
Qualifications
- The successful candidate must have a strong background in Strategy and/or M&A, which can be from management consulting, investment banking, PE or prior corporate experience
- In addition to strong technical skills (MS Office particularly PowerPoint and Excel), you’ll also need to possess good judgment, intuition for business and great interpersonal skills
- Ability to collaborate and work across a heavily matrixed environment with strong influencing skills
- Self-motivated, with ability to orchestrate and prioritize projects and initiatives simultaneously
- Solutions orientated with a history of identifying barriers to success and recommending solutions
- Excellent critical thinking, project management, communication, presentation skills
- Ready to roll your sleeves up’ and work with details as well as the big picture
- Life Sciences industry experience is a plus but not required
How will you make an impact?
As the Associate Director of Strategy and Corporate Development, you will work on a variety of organic and inorganic growth opportunities and challenges across the business.
You will bring a high level of skill, awareness, and efficiency to problem-solving, often in ambiguous and multi-layered situations.
The successful candidate must have a strong background in Strategy and/or M&A. You’ll apply critical thinking, identify the key issues, develop hypotheses, conduct research and analysis, synthesize key themes, apply decision frameworks, identify options, seek out and incorporate diverse feedback, and deliver clear recommendations to partners.
This is a highly visible role within the organization and involves collaborating with key leaders across CRG and the broader Thermo Fisher Scientific enterprise. You will contribute to CRG’s growth and competitive differentiation in the market by working on a variety of strategy and corporate development projects.
What will you do?
- The Associate Director of Strategy and Corporate Development will support CRG’s long-term strategy development efforts by facilitating the identification of growth drivers and challenges across the Company’s diverse portfolio of businesses
- Work in partnership with colleagues within Strategy & Corporate Development and/or within the businesses and functions, or as an individual contributor, to ideate, articulate, support, and help implement, key strategic projects that have significant impact
- Provide strategic support on a broad range of topics, including analysis and financial modeling in support of new business initiatives (both organic and M&A related) and cross-divisional initiatives
- Support the annual strategic planning process
- Perform competitive and market analysis for key strategy and M&A projects and draw insights and implications for the company. Apply project management, analytical and decision support skills to lead special projects’ that advance key strategic growth priorities for Clinical Research Group, finding and driving revenue and profit opportunities
- Help develop business cases and strategic rationale for inorganic and organic growth opportunities
- Present findings and recommendations
Education
Bachelor’s degree required; MBA preferred
Experience
- 4 years of relevant professional experience, including broad-based experience in strategy consulting, corporate strategy and market/financial analysis; 2 years’ experience in management consulting, investment banking and/or Private Equity
- Strong analytical and problem-solving skills
- Effective communication and influence skills
- Comfort with ambiguity and high level of self-drive and proactivity
- Ownership mentality and a focus on deliverables
- Life Sciences industry experience is a plus but not required
- Approximately 15-20% travel required
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