Senior Vice President/Chief Strategy Officer

Job Description Summary

Reporting to the President/CEO, the Senior Vice President/Chief Strategy Officer (CSO) is responsible for developing, executing and supporting South Shore Health’s strategic plan, processes and capabilities at the business and enterprise level, solidifying business cases for strategic initiatives, measuring and monitoring key strategic initiatives and influencing others to embrace a broader vision of the organization’s future vision with the goal of differentiating South Shore Health as a premier not for profit healthcare system in the marketplace while serving our community’s mission.

Job Description

ESSENTIAL FUNCTIONS

  • Lead the development of an overall organizational strategy by working closely with the CEO, The Board of Directors and the Executive Team to develop and execute a 3-5 year vision.
  •  Lead the development of an annual planning process aligned with the 3-5 year strategy working closely with senior leadership and the Board of Directors with the roll out of key performance initiatives and key performance indicators.
  • Support South Shore Health’s mission, values, business strategy and operational processes ensuring strategic plans and goals align with organizational priorities.
  • Work with colleagues in critical strategic conversations that includes framing strategic questions as well as key choices and tradeoffs.
  • Forge strong working relationships based on trust, cooperation, confidence and mutual respect with colleagues and other executives across the system and externally with key stake holders.
  • Create, hire and develop a business analytics team to be utilized by CSO and other members of the team across the system.
  • Consistently seek to improve the relevance and quality improvement of strategic analyses and proposals.
  • Work in collaboration with hospital/department leaders to develop strategic service lines and associated business plans insuring physician engagement to achieve desired results in quality, service, operations and financial metrics.
  • Lead the planning and development as well as monitor the deployment of specific business strategies to advance the mission of the organization.
  • Work with Senior Leaders in developing and fostering strategic alliances with external organizations
  • Help implement management controls and reporting procedures to ensure that the CSO and the management team have up to date situational awareness of all core issues and operating data pertinent to sound decision making.
  • Support strategic retreats including an annual Board of Directors and Senior Leadership retreat.
  • Study internal and external trends and marketplace developments to identify new business opportunities and challenges.
  • Monitor near- and long-term market trends as well as emerging need/interests among key stakeholders (e.g. patients, providers, payors, vendors, new entrants, etc.) to forecast future trends and opportunities that inform strategies.
  • Work in concert with Executive Vice President/Chief Operating Officer to align our strategy with operational excellence.
  • Work in concert with Senior Vice President/Chief Financial Officer to ensure financial planning, forecasting and business planning is appropriate and aligned with the strategic plan and business objectives.
  • Work in concert with Senior Vice President/Marketing/Chief Development Officer to develop and implement marketing plans to promote the organization’s business initiatives.
  • Ensure strategies are well communicated and translated into actionable and quantitative plans for entities and departments.

Education & Experience

  • Master’s degree in business, healthcare administration or similar discipline is preferred.
  • Successful past experience managing complex change initiatives in a health-care environment required. Comfort with working in a collaborative and consensus building environment. Must be a strategic thinker that takes initiative, has the stamina, emotional intelligence and strong interpersonal skills to operate strategically and effectively oversee the tactics in order to help drive and achieve differentiating business results. Successful track record of innovation and business development.
  • 12+ years’ experience, with at least 8 years in a progressive leadership role.

Leadership Competencies

  • Strategic thinker capable of providing clear, balanced advice/counsel on a broad range of strategic and complex management, product and go to market issues.
  • A successful influencer who can interact effectively, builds strong relationship, and partnerships within and outside of the organization.
  • Data driven, results-oriented style with a high degree of analytical ability and proven problem-solving skills
  • Excellent communication, interpersonal and leadership skills.
  • Great listener, encourages open dialogue and diverse viewpoints with the ability to drive decision making by asking key questions and framing options effectively.
  • Ability to lead and deploy a small team of strategists and data analysts
  • Demonstrated ability to lead highly complex projects to completion and sustainment
  • Adept at leading/participating in multiple concurrent initiatives
  • A change agent with the ability to thrive and quickly adapt to change, leading others through change in a dynamic, fast-paced industry and work environment
  • Willing to challenge standard thinking with new ideas, approaches and solutions
  • Exceptional customer service agent focus for patients and colleagues.
  • A strategic big picture thinker with the ability to operationalize and implement actionable and measurable goals to meet strategic objectives.
  • Expert at effectively pivoting between strategic development and tactical deployment
  • Takes accountability and responsibility for own actions with the utmost integrity
  • A team player who can build collaborative relationships across the organization.
  • Understands value of technology and able to address issues of costs, benefit/risk analysis.
  • Commitment to diversity, equity and inclusion with emphasis on personal development and growth of colleagues.
  • Dynamic professional style that inspires confidence
  • Able to proactively cultivate new and innovative approaches and solutions to business problems that promotes the mission, vision, values, and culture of South Shore Health.