Job Title Head of Corporate Strategy Job Description The Head of Corporate Strategy will shape and execute Philips’ global corporate strategy by identifying high-impact opportunities across the HealthTech landscape, developing value creation plans, supporting execution, and guiding strategic partnerships and investments to drive long-term growth and shareholder value. Your role: Establish a deep understanding of attractive opportunities for Philips in the global HealthTech landscape considering macroeconomic developments, healthcare market changes, competitor moves, and technology trends Develop value creation plans addressing these opportunities including actionable implementation measures Synthesize plans and business specific strategies into global corporate strategy for Philips Establish partnerships and inorganic opportunities supporting the global strategy of Philips Execution Support: Partner with Strategy, M&A and Business teams to guide the implementation of strategic initiatives in line with corporate strategy, including global partnerships, acquisitions and minority investments Lead and mentor a team of five strategy professionals, fostering a high-performance and collaborative culture. Align with and present recommendations to the Philips Board of Management and other key stakeholders, ensuring progress towards corporate goals and securing buy-in for key initiatives. You're the right fit if: Education: MBA or advanced degree in business, science or a related field 10+ years of experience in strategy and/or consulting roles, ideally in senior leadership positions with high impact and visibility across organizations. 5+ years of operational experience with proven track record of achieving challenging goals, driving direct business impact and/or proven track record in establishing partnerships and driving inorganic measures Strong network across the global HealthTech industry In-depth understanding of healthcare trends, market dynamics, competitive landscapes, and clinical product development Proven understanding of technologies with high impact on HealthTech (including AI/ML, biotech, robotics), ideally based on R&D/product development experiences or an applicable academic background Proven ability to develop global corporate strategies and growth strategies with measurable impact. Strong leadership and team management experience, with a track record of building high-performing teams You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position. How we work together We believe that we are better together than apart. This role is office-based and this means working in person at least 3 days per week. About Philips We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others. • Learn more about our business. • Discover our rich and exciting history. • Learn more about our purpose. If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here. Philips Transparency Details for Cambridge, MA, USA location The pay range for this position in Massachusetts (MA) is $218,400 to $349,440. The actual base pay offered may vary within the posted ranges depending on multiple factors, including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here. At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case Additional Information US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future. Please note that our application will be reviewed after 10th August. #LI-PH1 This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration. Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace. At Philips, we believe that every human matters. As a global health-tech leader, we focus on improving people’s health and wellbeing through meaningful innovation. The people who work here share our passion and are motivated to bring this purpose to life. For more than 130 years, we have been creating technologies and innovations that improve people's lives and support healthcare practitioners. Headquartered in the Netherlands and operating in more than 100 countries globally, we focus our advanced technology and deep clinical and consumer insights on Precision Diagnosis, Image Guided Therapy, Enterprise Informatics, Monitoring/ Connected Care, Sleep & Respiratory Care and Personal Health. Together, we deliver better care for more people because we believe that every human matters. That's why we're taking steps to create an environment where we acknowledge and embrace our differences and uniqueness and listen to and value each other's views. When people feel cared for and listened to, they bring their best qualities to work, leading to better collaboration, communication, innovation and success. It is the policy of Philips to provide equal employment and advancement opportunities to all qualified employees and applicants for employment without regard to race, color, religion, sex, pregnancy/childbirth or related medical conditions, age, ethnic or national origin, sexual orientation, gender identity or expression, physical or mental disability, genetic information, citizenship status, veteran or military status, marital or domestic partner status or any other characteristic protected by law. As an equal opportunity employer, Philips is committed to fostering a culture where all are treated with respect and professionalism. To ensure reasonable accommodations for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974 and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance. Philips is an Equal Employment and Opportunity Employer including Disability/Vets and maintains a drug-free workplace. Know Your Rights
