Director, Enterprise Innovation and Venture Strategy at American College of Chest Physicians

Glenview, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

18 Aug, 26

Salary

160000.0

Posted On

20 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Healthcare Strategy, Enterprise Innovation, Venture Development, Market Sensing, Business Model Development, Financial Modeling, Healthcare Economics, Strategic Thinking, Executive Communication, Cross-functional Leadership, Commercialization Strategy, Opportunity Prioritization, Value-based Care, Environmental Scanning, Business Case Development, Stakeholder Management

Industry

Non-profit Organizations

Description

Description CHEST aspires to evolve its impact and long-term sustainability by identifying, validating, and developing new enterprise opportunities that address emerging needs across the healthcare ecosystem. This role focuses on structured exploration of future growth opportunities, enterprise innovation, institutional market sensing, and development of scalable new business concepts aligned with CHEST’s mission and strengths. Primary Purpose: The Director, Enterprise Innovation & Venture Strategy leads the exploration, validation, and development of future enterprise growth opportunities for CHEST. This role serves as the connective strategist between external market dynamics and CHEST’s internal strategic evolution. The Director identifies emerging trends, unmet institutional needs, and areas where CHEST may have a differentiated “right to win,” then collaborates cross-functionally to develop validation pathways, pilot concepts, and scalable business models. Working across Strategy, Product Strategy, Program Strategy, Marketing, Finance, and executive leadership, the Director helps shape enterprise innovation priorities and builds structured frameworks for evaluating future organizational growth opportunities. Bring strong knowledge of healthcare market dynamics, healthcare economics, innovation strategy, and business model development to all initiatives. Essential Functions / Responsibilities Enterprise Innovation & Market Strategy Lead structured environmental scanning and market sensing activities to identify emerging trends, disruptions, unmet needs, and future enterprise growth opportunities. Engage health systems, payors, industry partners, and institutional stakeholders to validate market demand, willingness to pay, and strategic fit for potential new offerings. Translate external market signals and healthcare economic drivers into enterprise innovation opportunities and business concepts. Facilitate structured opportunity prioritization and strategic evaluation processes, in partnership with Product Strategy, including “where to play” and “right to win” assessments. Develop evidence-based recommendations regarding future enterprise opportunities, including go/no-go decision frameworks. Venture Development & Validation Design and coordinate pilot concepts, validation plans, and structured learning frameworks for emerging enterprise opportunities. Collaborate cross-functionally to evaluate operational feasibility, staffing implications, infrastructure needs, and scalability considerations. Build business cases, financial models, commercialization assumptions, and validation criteria for new initiatives. Synthesize pilot findings, market insights, and stakeholder feedback into actionable strategic recommendations. Help establish repeatable innovation and venture development processes that support long-term organizational growth. Cross-Functional Strategic Leadership Serve as a connective leader across functional directors, and executive leadership to align enterprise innovation efforts. Facilitate discussions around organizational trade-offs, strategic prioritization, and future growth pathways. Present strategic recommendations, innovation insights, and business case evaluations to executive leadership and governance groups. Success in this role will be demonstrated by: Validated enterprise growth opportunities with evidence of market demand Development of financially grounded business cases and pilot frameworks Clear go/no-go recommendations supported by structured analysis Improved organizational capability around innovation and venture evaluation Strong cross-functional alignmet around future growth opportunities Creation of scalable frameworks for enterprise opportunity development Other Functions/Responsibilities: Assist with other projects as needed. Requirements Qualifications Master’s degree in Business Administration (MBA), Healthcare Administration (MHA), Public Health (MPH), or related field strongly preferred. 10+ years of experience in healthcare strategy, enterprise innovation, venture development, corporate strategy, or healthcare market development. Strong understanding of healthcare economics, value-based care, institutional decision-making, and healthcare market dynamics. Demonstrated experience developing business cases, commercialization strategies, financial models, or new venture concepts. Experience leading highly cross-functional strategic initiatives without direct authority. Strong strategic thinking, synthesis, and executive communication skills. Ability to navigate ambiguity and build structure in evolving environments. Ability to travel as needed to represent CHEST in enterprise and institutional engagements. Ability to adhere to CHEST's hybrid work schedule, which includes 2 days per week work-from-home, and 3 days per week onsite at CHEST headquarters in Glenview. Tuesday and Wednesday are CHEST's anchor days, and a 3rd onsite will be decided between employee and supervisor. Core Leadership Competencies Strategic Mindset. This role exists to identify future opportunities, anticipate market shifts, and translate emerging healthcare dynamics into strategic growth pathways for CHEST. Manages Complexity. The Director must synthesize ambiguous, incomplete, and often contradictory information into clear frameworks, priorities, and recommendations without losing momentum. Decision Quality. The role requires disciplined evaluation of opportunities, trade-offs, and risks—including go/no-go recommendations grounded in evidence, feasibility, and strategic fit. Collaborates. Innovation work will fail without cross-functional alignment. This role requires exceptional ability to bridge perspectives across Strategy, Product, Program, Finance, and executive leadership. Organizational Savvy. The Director must guide innovation and strategic exploration in a way that creates alignment rather than organizational resistance, balancing ambition with institutional readiness. Benefits While we offer benefits that you’d expect from any forward-thinking, progressive organization, we offer a lot of extras too, including the standardization of a hybrid working environment. From tuition reimbursement to parental leave, we offer the benefits that you want most. Health and Wellness: Medical, dental, and vision insurance*; flexible spending account*; long- term and short-term disability insurance; life/AD&D insurance Work/life Balance: 37.5-hour work week with flexible start times; Paid Time Off; Paid parental leave; Hybrid work environment; Paid holidays Giving and sharing: 401(k) with matching contribution from CHEST*; Health club and fitness reimbursement; Employee counseling program; Reimbursement for professional memberships; Tuition Reimbursement Office perks: Lunch & Learns; Annual Health Fair; Professional development courses; Volunteering opportunities; Annual Holiday Party; In-office “Busy Breaks” Additional Information The annual base salary range for this position is USD $150,000 to USD $160,000. This pay range represents base pay only and excludes any additional items such as incentives, bonuses, or other items. CHEST considers factors such as, but not limited to, the scope and responsibilities of the position, the candidate's work experience, education/training, key skills, internal peer equity, and market and organizational considerations when extending an offer. CHEST is proud to be an equal opportunity employer and does not discriminate on the basis of race, color, national origin, sex, gender identity, religion, sexual orientation, age, disability, parental status, veteran status, or any other protected status under applicable laws. At CHEST, our employees come from different backgrounds with various lived experiences and dynamic strengths. We strive to continuously improve our way of working to reflect our commitment to inclusion and equity and build a workforce that reflects the communities that we serve. And that means we need you! Your experiences may only perfectly align with some qualifications listed in the job description. But if you are excited by this position, we highly encourage you to consider still applying. You may be just the right candidate to help us with our mission to improve patient care.

Responsibilities

Leads the exploration, validation, and development of future enterprise growth opportunities and scalable business models for CHEST. Acts as a strategic bridge between external healthcare market dynamics and internal organizational evolution.