Senior Manager of Strategic Initiatives - Nutrition - Lake County, IL (Abbott Park)
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What you'll do
- Strategy design and development : support the five-year strategy development process and lead development for all executive deckbuilding (including monthly Ops package, quarterly financial LBE cycles, Board of Directors, Corporate Officers, and more), with visibility to the CEO and Senior Leadership team.
- Strategic Insights : act as key thought-leader with global function leaders, country GMs, and executive team as they develop their strategies and innovation roadmaps. Help design and execute key strategic initiatives to drive revenue and margin expansion growth.
- Market insights and competitive intelligence: utilize market research to analyze customer & market trends and identify white space opportunities. Leverage game theory and competitive intelligence to inform business decision-making/ competitive reaction.
- Business analytics: analyze internal data (sales, gross margin, web metrics & other KPIs) to inform strategic direction. Analyze new market opportunities and new product introductions.
- Program management: manage implementation of new initiatives globally; track business performance and initiatives against strategic objectives
- Executive communication: support the preparation and presentation of strategic project proposals and/or status updates to senior management.
- Ad hoc analysis : support executive team with special projects and tasks.
What they're looking for
- Bachelor’s Degree: finance, accounting, economics, or engineering degree; preferred from top university
- At least 8-10 years of experience from top management consulting firm ( McKinsey & CO, Bain & CO, Boston Consulting Group (BCG) ) or Corporate Strategy function from a global FMCG or Pharmaceutical company.
Nice to have
- MBA Strongly Preferred.
- Distinctive problem-solving skills (conceptual, analytical, quantitative); ability to move unstructured challenges to actionable solutions
- Ability to operate independently with broad scope of responsibility under minimal supervision and under challenging time constraints.
- Strong analytical background with in-depth knowledge of financial processes
- Creative “out of the box” thinking to drive transformation
- Strong work ethic, ambition and hunger to learn
- Experience and Passion for Consumer Goods, Retail and/or Health Nutrition preferred
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
JOB DESCRIPTION:
Senior Manager of Strategic Initiatives
About Abbott
Working at Abbott
Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, and Glucerna® – to help them get the nutrients they need to live their healthiest lives.
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with a high employer contribution
- Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
Our location at Lake County, IL, currently has an opportunity for a Senior Manager of Strategic Initiatives
The Senior Manager will play a critical role in defining global strategy and executing against key initiatives to drive revenue and margin growth across the organization. This role is collaborative and cross-functional, with frequent interaction across commercial, marketing, supply chain, manufacturing, and other teams. It is also high visibility in nature, with exposure across all key functional teams, including GMs and Senior Leadership, with projects spanning Asia Pacific, Latin America, and North America.
WHAT YOU’LL DO
- Strategy design and development: support the five-year strategy development process and lead development for all executive deckbuilding (including monthly Ops package, quarterly financial LBE cycles, Board of Directors, Corporate Officers, and more), with visibility to the CEO and Senior Leadership team.
- Strategic Insights: act as key thought-leader with global function leaders, country GMs, and executive team as they develop their strategies and innovation roadmaps. Help design and execute key strategic initiatives to drive revenue and margin expansion growth.
- Market insights and competitive intelligence: utilize market research to analyze customer & market trends and identify white space opportunities. Leverage game theory and competitive intelligence to inform business decision-making/ competitive reaction.
- Business analytics: analyze internal data (sales, gross margin, web metrics & other KPIs) to inform strategic direction. Analyze new market opportunities and new product introductions.
- Program management: manage implementation of new initiatives globally; track business performance and initiatives against strategic objectives
- Executive communication: support the preparation and presentation of strategic project proposals and/or status updates to senior management.
- Ad hoc analysis: support executive team with special projects and tasks.
Required Qualifications
- Bachelor’s Degree: finance, accounting, economics, or engineering degree; preferred from top university
- At least 8-10 years of experience from top management consulting firm (McKinsey & CO, Bain & CO, Boston Consulting Group (BCG)) or Corporate Strategy function from a global FMCG or Pharmaceutical company.
Preferred Qualifications
- MBA Strongly Preferred.
- Distinctive problem-solving skills (conceptual, analytical, quantitative); ability to move unstructured challenges to actionable solutions
- Ability to operate independently with broad scope of responsibility under minimal supervision and under challenging time constraints.
- Strong analytical background with in-depth knowledge of financial processes
- Creative “out of the box” thinking to drive transformation
- Strong work ethic, ambition and hunger to learn
- Experience and Passion for Consumer Goods, Retail and/or Health Nutrition preferred
MISC:
- This is an on-site role - not a remote role.
- Sponsorship: we will not provide sponsorship of any kind for this role (including OPT).
- Relocation assistance is offered for this role.
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is
$129,300.00 – $258,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Project Management
DIVISION:
AN Abbott Nutrition
LOCATION:
United States > Abbott Park : AP06C
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 20 % of the Time
MEDICAL SURVEILLANCE:
No
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
Company
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