What are the responsibilities and job description for the Associate Director, Innovation and Venture Strategy position at Wellstar Health System?
Facility: Catalyst
Job Summary
The Assistant Director of Innovation and Venture Strategy plays a critical role in designing and executing the strategy of the Catalyst team and portfolio.
Catalyst is the innovation company and venture firm of one of the largest health systems in Georgia, built within the health ecosystem to partner, build, and invest in early-stage companies that are disrupting the future of healthcare.
This role is a senior level position on the innovation team of Catalyst by Wellstar and works closely with the Venture team to prioritize and build a portfolio that drives strategic value to Wellstar and the Healthcare Industry.
This role is responsible for managing relationships with key stakeholders inside Wellstar to ensure enterprise adoption of portfolio companies post pilots. They are responsible for meeting quarterly targets and accountable for 4-6 direct reports. This role also plays a key part in the Studio function of Catalyst designed to incubate companies from ideation to launch.
This is a hybrid role requiring in-office presence at our Atlanta-based office three days per week.
Core Responsibilities And Essential Functions
Job Summary
The Assistant Director of Innovation and Venture Strategy plays a critical role in designing and executing the strategy of the Catalyst team and portfolio.
Catalyst is the innovation company and venture firm of one of the largest health systems in Georgia, built within the health ecosystem to partner, build, and invest in early-stage companies that are disrupting the future of healthcare.
This role is a senior level position on the innovation team of Catalyst by Wellstar and works closely with the Venture team to prioritize and build a portfolio that drives strategic value to Wellstar and the Healthcare Industry.
This role is responsible for managing relationships with key stakeholders inside Wellstar to ensure enterprise adoption of portfolio companies post pilots. They are responsible for meeting quarterly targets and accountable for 4-6 direct reports. This role also plays a key part in the Studio function of Catalyst designed to incubate companies from ideation to launch.
This is a hybrid role requiring in-office presence at our Atlanta-based office three days per week.
Core Responsibilities And Essential Functions
- Leadership: manages team including and coaches them to grow
- Start-up subject matter expertise: business and market insight, technical expertise, financial acumen, and legal and compliance knowledge
- Communication and collaboration: stakeholder engagement, negotiation skills, and interdisciplinary collaboration
- Project management: Managing direct reports, each with 3-5 projects, timelines, and success metrics
- Feasibility analysis for healthcare innovations: industry metrics, competitive landscape understanding, and strategic fit analysis
- Designing and executive strategic focus area strategy and goals
- Unlocks new value through non-traditional partnerships
- Performs other duties as assigned
- Complies with all Wellstar Health System policies, standards of work, and code of conduct.
- Bachelors required
- Masters preferred
- Minimum 5 years in a start-up, operations, healthcare, venture, or other related field is required.
- Direct management experience is strongly preferred.
- Healthcare operations experience is strongly preferred.
- Strategic thinking
- Executive presence
- Public speaking
- Change management
- Team leadership and management
- Business acumen
- Financial and venture acumen
- Technology acumen
- Healthcare operations acumen
- Program management and time management
- Project management
