The Head of Strategy and Business Development for Hospital Patient Monitoring at Philips leads the development and execution of short- and long-term business strategies, ensuring alignment of resources, technology, and processes with organizational goals. Acting as a subject matter expert and key liaison between executive leadership and operational teams, they drive cross-functional collaboration, monitor strategic initiatives, and analyze market trends to support informed decision-making. This role focuses on advancing the Hospital Patient Monitoring business unit and integrating it with other units within Connected Care to maximize value for Philips, while also developing strategic frameworks, stakeholder networks, and training programs. **Your role:** + Drives strategy and policy development for HPM and Connected Care, aligning with organizational vision. + Advises on resource planning, tech adoption, and process alignment as a strategic thought leader. + Leads cross-functional collaboration, bridging executive strategy with operational execution. + Develops KPIs and analytics frameworks to track initiatives, assess risks, and optimize strategies. + Conducts in-depth market and industry analysis to support high-impact strategic decisions. + Reviews business cases and proposals using data-driven insights and competitive intelligence. + Offers expert guidance on complex business, technical, and design challenges across functions. + Prepares and presents strategic reports to leadership, highlighting key risks, opportunities, and actions. + Builds strategic relationships across functions, using negotiation and influence to drive key initiatives. **You're the right fit if:** + Bachelor's / Master's Degree in Business, Economics, Science, Engineering or equivalent experience. + Minimum 11 years of experience with Bachelor's OR Minimum 9 years of experience with Master's in areas such as Strategy Consulting, Corporate Strategy, Growth Strategy, International Business or equivalent + Medtech experience or experience working for s strategy consultancy focusing on medtech with functional or P&L execution responsibility combines for 12+ years + Experience in cardiac monitoring and/or hospital monitoring and commercial operation + You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position. + You're an effective communicator, both orally and in writing, able to establish and maintain cooperative working relationships with company management and outside business associates. Additionally, strong problem-solving skills and the ability to work effectively in a team environment and highly matrixed organization are required. **How we work together:** We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations. This is an office-based role in our Cambridge, MA office. **About Philips:** We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others. + Learn more about our business. + Discover our rich and exciting history. + Learn more about our purpose. + Learn more about our culture. **Philips Transparency Details:** The pay range for this position in MA is $185,250 to $296,400 The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity. In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here. At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case. **Additional Information:** + US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future. **\#LI-PH1** **\#LI-Office** It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws. As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance. Equal Employment and Opportunity Employer/Disabled/Veteran