Senior Manager Business Development - Diagnostics

Mayo Clinic; Rochester (MN); On-site; USD 120,000 - 170,000; Full time

Job summary

Mayo Clinic is seeking a Senior Manager in its Technology Development Work Unit to advance early-stage technology translation and commercialization. You will lead multiple projects, organize opportunities into work teams, and ensure successful outcomes by coordinating staff and resources across Mayo Clinic and external partners.

Candidate must have advanced degrees with extensive experience in business development, licensing, and cross-functional collaboration, delivering results in a highly

Qualifications

• Master’s degree in business, science, or related field with 5 years of relevant experience.
• Bachelor’s degree with minimum 6 years of relevant experience.
• Experience in technology licensing and commercialization.
• Ability to navigate complex inter- and intra-organizational issues.
• Excellent verbal and written communication; strong time management.

Responsibilities

• Support Mayo Clinic Business Development's mission; serve as individual contributor and lead multiple projects.
• Organize opportunities into work teams and assign staff to teams.
• Ensure accountability for processes and outcomes; report status to department leadership.
• Represent the department in interactions with Mayo departments, leadership, and external entities.
• Manage workflows and resources to achieve project outcomes.

Skills

Project management

Time management

Verbal communication

Written communication

Entrepreneurial mindset

Education

Master’s degree or higher (business/science/related field)

Bachelor’s degree + 6 years experience

Job description

Why Mayo Clinic
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic. Why Mayo Clinic
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.Benefits Highlights

• Medical: Multiple plan options.
• Dental: Delta Dental or reimbursement account for flexible coverage.
• Vision: Affordable plan with national network.
• Pre-Tax Savings: HSA and FSAs for eligible expenses.
• Retirement: Competitive retirement package to secure your future.

Responsibilities
The primary responsibility of this position is to directly support the mission of Mayo Clinic Business Development. In addition to performing as an individual contributor, the Senior Manager will also lead multiple projects or major portions of multiple large projects, activities, deals, opportunities and other work of the department.The role will assist in organizing opportunities as they arise into appropriate work teams and will help with assigning staff to work teams.The Senior Manager will be a main position of accountability for processes and outcomes related to assigned projects and will be able to communicate/ report project status to department leadership.The Senior Manager may also represent the department in interactions and meetings with other Mayo departments and leadership, and/or with external entities, as warranted. The Senior Manager will be accountable for managing workflows and resources to achieve desired project outcomes.
The Department Is Organized Into Three Functional Work Units, With Positions Assigned Within One Of These Three Areas And With Responsibilities As Described For Each Area:

• Partnerships - Source, evaluate, analyze and develop new business opportunities for Mayo Clinic, including but not limited to partnerships, joint ventures, new company spin-offs, investments, mergers and acquisitions. Work with areas throughout Mayo Clinic and the marketplace to identify new business opportunities, including the ability to connect these activities with existing Mayo Clinic operational units, in alignment with the Mayo Clinic strategic plan, prioritized market opportunities, and competitive activity. Contribute to the development of a network of industry, entrepreneurial and investor contacts to serve as a resource for business development and/or commercialization activities.
• Commercialization - Evaluate the commercial potential of a variety of medical inventions and discoveries coming from Mayo's clinical and research activities, developing and implementing technology sales and marketing plans, managing the patent process, identifying potential commercial partners, negotiating license agreements and other commercialization arrangements, managing relationships with industry and advising Mayo physicians and scientists regarding protection of intellectual property and technology-based business matters.
• Technology Development - Facilitate the development and commercialization of Mayo Clinic technologies by collaborating with Mayo Clinic staff, external companies, entrepreneurs, and investors: (a) Identify, evaluate, and support the development of novel technologies arising from Mayo Clinic’s clinical and research activities, with a focus on improving patient care and outcomes; (b) Collaborate closely with physicians, researchers, and cross-functional teams to advance innovative solutions and align technology development efforts with organizational priorities; (c) Facilitate invention disclosure and intellectual property development, including identifying patentable innovations, conducting prior art and landscape analyses, and supporting IP strategy; (d) Conduct feasibility assessments, market analyses, and competitive evaluations to determine the potential impact and commercial viability of new technologies; (e) Develop materials to communicate and promote technologies, including summaries, presentations, and other supporting documentation for internal and external audiences; (f) Monitor industry trends and emerging technologies and contribute to ongoing improvement of development processes while ensuring compliance with regulatory, ethical, and confidentiality standards; (g) Support the planning and execution of technology development projects and commercialization efforts, including defining scope, timelines, and key deliverables, and coordinating with internal and external stakeholders.

This position is within the Technology Development Work Unit. Deep expertise in diagnostics, with a focus on early-stage technology development and translation to commercialization preferred.
Based on the needs of the department, positions will also be primarily assigned to one or more Work Teams, each focusing in a specific area: Biopharmaceuticals, Medical Devices, Diagnostics, Health Information Technology/AI, Health Services & Robotics, or Investments. Projects/ opportunities are categorized within one of these six areas, and staff are attached to each project accordingly.
Thus each team member is initially placed into one Work Unit, with their work focusing on projects and opportunities categorized as within one or more Work Teams. Typically, each team member will be placed into two Work Teams.
Qualifications

• Master’s degree required, or an advanced degree preferred (e.g., PhD, MD, JD), in business, science, or related relevant field, plus five years specific experience related to the role and area of work: business development, finance/venture capital, technology transfer, venture management, i/p commercialization, licensing, patents, partnerships, business-to-business collaborations, investments, start-up companies and/or sourcing partnering opportunities in the health care, medical/biotechnology or financial/venture capital industries.
• Bachelor’s degree and a minimum of six years experience parallel to the above.
• Five years experience directly related to technology licensing for roles within the Commercialization Work Unit.
• In lieu of a degree, a minimum of years of applicable experience equal to the number of years normally required to earn the degree will be recognized as satisfying the degree requirement, i.e. four years experience equivalency for a Bachelor’s degree, two years experience equivalency for a Master’s degree, two years experience equivalency for an advanced degree.

Must have the ability to perform successfully in a business development/ technology commercialization role, and to navigate required complex inter- and intra-organizational issues and relationships. Must possess excellent verbal and written communication skills with the ability to interact with a variety of different people with diverse backgrounds. Requires strong project management skills and time management skills and the ability to manage several initiatives simultaneously. Must have entrepreneurial