Job Details
Merck & Co, Inc
Executive Director, Strategy
Job Description
Attention NJ Applicants: In April 2020, our Company announced plans to consolidate our New Jersey campuses into a single New Jersey headquarters location in Rahway, NJ by 2023. Therefore, the NJ work location for this role will be temporarily based and the exact timing of the departmental move to Rahway, NJ will be communicated at a future date.
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 strategy development, strategy execution and value realization, 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 opportunities, frame and evaluate options, and ensure effective implementation and cross-functional engagement to realize impact.
The Executive Director, Strategy will lead the assessment of enterprise strategy priorities that are complex questions with significant upside for the company, but high ambiguity. This includes ongoing strategic initiatives across our company as well as the establishment of new capabilities within the Strategy office. This role will work cross-functionally with senior leaders (e.g., Executive Team minus 1, minus 2) to socialize and refine initiatives and capabilities, building a coalition of support that is needed to drive the creation and adoption of change.
This role is a critical partner across all lines of business. The selected candidate will collaborate with leaders across our company to solve problems and drive value. This individual will foster a psychologically safe, diverse, and inclusive environment by leading teams both directly and indirectly and mentoring special assignment partners.
Primary Responsibilities:
Lead the framing, assessment, and recommendation of key internal and external initiatives, in collaboration with executive leaders across the company
Collaborate with strategy execution and value realization team to support implementation
Bring to bear experience in data, digital, technology, and functional areas of biopharma to identify and prioritize new capability builds, in collaboration with business partners (e.g., IT)
Take ownership of internal and external teams to lead ideas from conception to implementation
Create external focus by interacting with external leaders and partners from tech firms, consultants, venture capital, and other innovation-focused industries
Support and directly drive initiatives as part of the Accelerate program
Contribute new ideas and priorities to the Accelerate program, bringing to bear experience in other areas and/or companies
Manage directly and indirectly, internal and external associates dedicate to our programs
Drive cultural engagement with diverse and inclusive teams
Education:
Scientific or engineering Ph.D. from a top ranked graduate program
Required Experience and Skills:
Advanced degree (or equivalent experience) with demonstrated capability across diverse roles and functions
4+ years of strategy management consulting experience from a top-tier firm (e.g., BCG, McKinsey, Bain, LEK)
A minimum of 10+ years of biopharmaceutical experience across diverse roles, preferably with experience in R&D and commercialization, including strong digital/tech and/or innovation focus
Experience managing teams as well as external vendors and representing a large pharmaceutical company to the external world
Strong communicator with excellent verbal and written skills; ability to communicate effectively with senior management and across all levels of the business
Demonstrated strong leadership qualities with the ability to empathize, listen, and enable other colleagues to thrive
Ability to influence decision-making in a highly matrixed organization
Strong business acumen, with ability to build consensus
Ability to prioritize time and problem solve to focus on most impactful activities / initiatives
Emotional intelligence. Growth mindset. Curious. Motivated. Team-oriented. Organized. Flexible.
Our Support Functions deliver services and make recommendations about ways to enhance our workplace and the culture of our organization. Our Support Functions include HR, Finance, Information Technology, Legal, Procurement, Administration, Facilities and Security.
Who we are …
We are known as Merck & Co., Inc., Rahway, New Jersey, USA in the United States and Canada and MSD everywhere else. For more than a century, we have been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Today, our company continues to be at the forefront of research to deliver innovative health solutions and advance the prevention and treatment of diseases that threaten people and animals around the world.
What we look for …
Imagine getting up in the morning for a job as important as helping to save and improve lives around the world. Here, you have that opportunity. You can put your empathy, creativity, digital mastery, or scientific genius to work in collaboration with a diverse group of colleagues who pursue and bring hope to countless people who are battling some of the most challenging diseases of our time. Our team is constantly evolving, so if you are among the intellectually curious, join us—and start making your impact today.
NOTICE FOR INTERNAL APPLICANTS
In accordance with Managers' Policy - Job Posting and Employee Placement, all employees subject to this policy are required to have a minimum of twelve (12) months of service in current position prior to applying for open positions.
If you have been offered a separation benefits package, but have not yet reached your separation date and are offered a position within the salary and geographical parameters as set forth in the Summary Plan Description (SPD) of your separation package, then you are no longer eligible for your separation benefits package. To discuss in more detail, please contact your HRBP or Talent Acquisition Advisor.
New hires in office-based roles in the US & Puerto Rico will be required, subject to applicable law, to demonstrate that they have been fully vaccinated for COVID-19 or qualify for a medical or religious exemption to this vaccination requirement that can be accommodated without an undue burden to the operation. However, subject to applicable law, employees working in roles that the Company determines require routine collaboration with external stakeholders, such as employees in health services, customer facing commercial, or research based roles, will be required to be fully vaccinated as a condition of employment.
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.
For more information about personal rights under Equal Employment Opportunity, visit:
Pay Transparency Nondiscrimination
We are proud to be a company that embraces the value of bringing diverse, talented, and committed people together. The fastest way to breakthrough innovation is when diverse ideas come together in an inclusive environment. We encourage our colleagues to respectfully challenge one another’s thinking and approach problems collectively. We are an equal opportunity employer, committed to fostering an inclusive and diverse workplace.
Residents of Colorado:
Click here to request this role’s pay range.
Search Firm Representatives Please Read Carefully
Merck & Co., Inc., Rahway, NJ, USA, also known as Merck Sharp & Dohme LLC, Rahway, NJ, USA, does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Employee Status:
RegularRelocation:
No relocationVISA Sponsorship:
Travel Requirements:
Flexible Work Arrangements:
Shift:
Valid Driving License:
Hazardous Material(s):
Number of Openings:
2Requisition ID:R196611