Strategy Consultant III , Business Development
Rockville, MD, United States
Job Summary:
The Strategy Consultant will support the Business Development team to assess and execute on growth opportunities for KP, which will include mergers and acquisitions, strategic partnerships, new ventures and other complex transactions.
Contributes to strategy development by identifying business problems and opportunities. Performs standard and non-standard analysis and interpretation of market data and tests hypotheses using comprehensive foundational knowledge of qualitative and quantitative analytical tools to collaborate on preparation of insightful and actionable insights for the business. Independently contributes to projects and programs to drive deliverables and effective execution to produce positive business outcomes. Implements updated processes to improve teams Return on Investment (ROI), service quality, operations, etc. Fosters collaborative partnerships within the organization and builds trusting relationships with key stakeholders.
In addition, this position is also responsible for the understanding various market factors and trends and conducting research on competitor offerings, capabilities, and approaches; supporting the evaluation of build versus buy partner approaches to inorganic opportunities; analyzing financial and operational feasibility of opportunities and building out business cases that identify and mitigate any financial risk; supporting negotiation processes (e.g., term sheets, contracts) and participating in implementation and the ongoing evolution of the strategic relationship through deployment activities and coordinating activities across external organizations.
Essential Responsibilities:
Pursues effective relationships with others by proactively providing resources, information, advice, and expertise with coworkers and members. Listens to, seeks, and addresses performance feedback; provides mentoring to team members. Pursues self-development; creates plans and takes action to capitalize on strengths and develop weaknesses; influences others through technical explanations and examples. Adapts to and learns from change, challenges, and feedback; demonstrates flexibility in approaches to work; helps others adapt to new tasks and processes. Supports and responds to the needs of others to support a business outcome.
Completes work assignments autonomously by applying up-to-date expertise in subject area to generate creative solutions; ensures all procedures and policies are followed; leverages an understanding of data and resources to support projects or initiatives. Collaborates cross-functionally to solve business problems; escalates issues or risks as appropriate; communicates progress and information. Supports, identifies, and monitors priorities, deadlines, and expectations. Identifies, speaks up, and implements ways to address improvement opportunities for team.
Analyzes and interprets market data by: developing and implementing a plan to address standard and non-standard research questions and test hypotheses with comprehensive foundational knowledge of data analysis; performing standard and non-standard quantitative and qualitative analyses and investigating alternative hypotheses independently; and interpreting key findings, collaborating on preparation of conclusions and recommendations for the future independently.
Facilitates process improvement efforts by: implementing updated processes to improve return on investment (ROI), operations, service quality, and results for initiatives within a team; utilizing comprehensive knowledge of business operations to implement best practices within a team; and promoting adoption of best practices and future innovations.
Effectively manages projects and programs by: assembling standard and non-standard project proposals, including establishing objectives, key stakeholders, milestones, projecting required resources and timelines independently; independently contributing to progress on project deliverables in alignment with greater business strategy within the team; utilizing existing methodologies to complete initiatives with support from manager; and independently contributing the execution of project plan by enacting assigned duties.
Proactively maintains open streams of communication by: building trusting relationships with stakeholders; mitigating avoidable issues or risks to strategic program implementation independently; fostering collaborative partnerships primarily within the organization with infrequent outside contacts to develop and refine key priorities and strategy; and facilitating communication of strategic issues and recommendations across teams.
Contributes to the development and execution of business strategy by: ensuring the delivery of business cases for strategic proposals with comprehensive foundational knowledge of health care marketplace; identifying the scope of the problem to be addressed and the resources needed; contributing to the identification of strategic options based on problem scoping; identifying challenging business goals and the processes and resources needed to accomplish them; promoting alignment around the strategic plan and strategic outcomes, and finding opportunities for collaboration and synergy within a team; applying standard procedures to mitigate standard barriers, constraints, and risks to execution; and contributing to the assessment of strategic direction in response to a changing environment independently.
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