Market Analysis & Forecasting Director - New Business Creation

In recent years, Philips has been through a major transformation. Reshaping the company from a diversified conglomerate to become a focused leader in health technology. With the goal to make the world healthier and more sustainable through meaningful innovation, the company has set itself the bold target of improving 3 billion lives per year by 2025. The Market Analysis & Forecasting (MA&F) team at Philips plays a key role, not just by helping to shape the direction of the company and the industry, but also by improving the lives of millions of patients and healthcare staff.

Innovation with purpose

In 2017 alone, Philips’ solutions and technologies touched 2,2 billion people. And by putting the weight of 127 years innovation and research expertise behind the digital transformation of healthcare, Philips has ambitious growth plans. At the core of the Strategy, Mergers & Acquisitions and Partnerships (SMAP) department, one of the most dynamic teams of the company, the Market Analysis & Forecasting (MA&F) team is expanding with a Director Health Technology Systems, a Director Health Technology Solutions and a Director New Business Creation. They will help predict and model the foundation for Philips’ growth through health technology solutions. Based in Amsterdam, these roles are well-positioned at the epicenter of Philips strategy to reshape the business in the face of an evolving marketplace.

“Our MA&F team analyzes markets and challenges leaders, including myself, on how we can create more value and improve the lives of more people. They are basically the brains of the company.” – Frans van Houten CEO, Philips

These analytic roles will work closely with Hugo Barbosa Vazquez, Vice President Head of Market Analysis & Forecasting. These are not roles for the meek minded. Under Hugo’s new way of approaching analytics, the ideal candidate will source and create their own data from scratch, triangulating the output with a wide range of internal and external sources.

“We are not tracking the market. We are forecasting and influencing it.” –  Hugo Barbosa Vazquez  VP Head of Market Analysis & Forecasting

Vacancy: MA&F Director – New Business Creation

The MA&F Director New Business Creation will help to select, shape and launch the best Philips’ internal ventures. By offering the business key support with meaningful insights, they will have an impact at a global level. Key to success is the ability to build market size and forecasting models, and then develop highly persuasive business cases based on market driver assumptions.

The successful candidate will work on approximately twenty new business venture initiatives a year. For each project, the Director will need to perform an in-depth analysis, identify the key market drivers and create forecasting models, that help to shape the decisions of the new business creation committee. These forecasts will support the make or break decision of the venture in question.

This new position will work at the core of the business innovation teams of Philips. Together with the new business creation office head and the Strategy, Merger & Acquisitions and Partnerships teams, the candidate will have a direct line of access to the Philips geographic market leaders and business segment management teams. A high level of integrity, stress resistance, flexibility, and creativity are vital for this role.

The MA&F crew member will be part of the Strategy, Merger & Acquisitions and Partnerships (SMAP) at Philips. The MA&F team is the analytical powerhouse within Philips, providing fact-based market models and insightful analyses to key stakeholders across Philips’ business sectors and geographies. As a team member in one of Philips’ corporate level functions, this role will be at the heart of our worldwide company. These corporate departments play a key role in supporting the Royal Philips Executive Committee.

The MA&F Director New Business Creation (NBX) will focus on new business creation initiatives within Philips. And with key Health Systems locations across the world, approximate travel is 25%, including international travel.

CANDIDATE PROFILE

Skills

• Comfortable networking within and outside of Philips
• Strong analytical skills
• Able to deal with a wide range of projects of a completely different nature
• Able to adapt to and quickly learn complex business models
• A general passion for the healthcare industry
• Solid presentation skills
• A university degree preferably in Engineering/Business/Finance
• An MBA/PhD is a plus

Expertise

• Minimum 10 years’ experience in an analytical role
• Proven background in market analysis
• International exposure

Philips works with Top of Minds to fill this vacancy. Contact Barbara Sauter at barbara@topofminds.com for more information.