Strategic Leadership Program

AbbVie - Lake County, IL4.0

Full-timeEstimated: $72,000 - $93,000 a year
EducationSkills
AbbVie (NYSE:ABBV) is a global, research-based biopharmaceutical company formed in 2013 following separation from Abbott Laboratories. The company's mission is to use its expertise, dedicated people and unique approach to innovation to develop and market advanced therapies that address some of the world's most complex and serious diseases. AbbVie employs approximately 29,000 people worldwide and markets medicines in more than 175 countries.

Job Description

The Corporate Strategy Office (CSO) drives major strategic initiatives for the company. The group works closely with the Finance, R&D and Commercial groups to assess acquisition, partnership and venture capital investment opportunities and to address strategic questions related to AbbVie’s geographic and therapeutic footprint, incorporating both a scientific and a commercial point of view.

The primary goal of AbbVie’s Strategy Leadership Program (SLP) is to recruit high performing individuals who have demonstrated an interest and expertise in the biopharma industry as well as a strong desire to deepen their understanding, and to apply an apprenticeship model to train them as future AbbVie leaders within CSO or the broader enterprise
To support this objective, CSO will provide high profile, high impact development experiences in: Corporate Strategy, Business Development, Alliance Management and Ventures. Participants will typically rotate through each of the CSO function, but there will be flexibility to make modifications based on the interests and background of SLP candidates as well as CSO business needs
During these rotations, SLP participants will build cross-functional leadership capabilities and collaboration skills by supporting the delivery of high priority projects and initiatives
As part of CSO’s commitment to experiential learning, participants in the program will:
Shadow and support deal teams during active negotiations
Participate in other external engagement activities (e.g. partnership discussions, board meetings)
Attend industry conferences and other training opportunities
Join presentations with AbbVie senior leadership

Example projects may include the following:
Perform primary research and market analysis to characterize industry trends, develop cross-functional strategy, and identify potential investment opportunities
Review potential investment opportunities for scientific, commercial and financial viability, and lead the assessment and due diligence activities
Develop effective deal structure, risk mitigation and negotiating strategies for a target opportunity, ensuring alignment with AbbVie objectives and functional management
Actively review, monitor, and support the management of AbbVie’s portfolio companies by keeping abreast of developments within the companies via press coverage and exposure to portfolio company management and board of directors
Communicate and network with potential external parties to ensure awareness of AbbVie key capabilities and Business Development objectives, deliver oral and written presentations to senior management to seek approval for new opportunities
Support the tracking and execution of AbbVie’s long-range plan as part of the broader LRP process

Requirements

Currently pursuing or have completed an advanced degree in the life sciences (i.e. PhD, PharmD, MD)
Interest in life science, healthcare, M&A, and licensing transactions through course work or prior professional experience
Industry, consulting, investment banking experience preferred, but not required
Strong, general leadership and project management skills including proven problem solving, diplomacy, conflict and risk management skills
Collaborative team member, effective at moving cross-functional priorities forward and in engaging constructively with external and internal partners across a range of disciplines
Demonstrated ability to make logical and timely decisions based on past experiences
Computer literacy and proficiency in Microsoft Office applications (Word, Outlook, Excel, PPT)
Eligible to work in the U.S. on a permanent basis without requiring sponsorship