ABBOTT LABORATORIES Strategic Inititatives Manager (Virginia Plant) Salary in the United States

How much does a Strategic Inititatives Manager (Virginia Plant) make at companies like ABBOTT LABORATORIES in the United States? The average salary for Strategic Inititatives Manager (Virginia Plant) at companies like ABBOTT LABORATORIES in the United States is $222,411 as of October 25, 2023, but the range typically falls between $193,778 and $251,044. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities2

About ABBOTT LABORATORIES

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What does a Strategic Inititatives Manager (Virginia Plant) do at companies like ABBOTT LABORATORIES?

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

Abbott’s Nutrition Division develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands – including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® and ZonePerfect® – to help get the nutrients they need to live their healthiest life.

Altavista, Va., is one of Abbott’s largest nutrition manufacturing plants equipped with advanced technology to ensure efficient production. Working here will make you feel like you’re part of a family that works together to make a difference and help nourish millions of families around the world.

WORKING AT ABBOTT

At Abbott, you can have a good job that can grow into a great career. We offer:

  • Fast paced work environment where your safety is our priority
  • Production areas that are clean, well-lit and temperature-controlled
  • Training and career development, with onboarding programs for new employees and tuition assistance
  • Financial security through competitive compensation, incentives and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs, Medical Benefits start day 1
  • Vacation – 3 weeks accrued vacation (1st yr is prorated) vacation buy program 3 personal days 10 paid holidays
  • Company Paid Pension Plan
  • 401(k) retirement savings with a generous company match of 5%
  • Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
  • A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
  • A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities

Learn more about our benefits that add real value to your life to help you live fully:  www.abbottbenefits.com

The Opportunity

The Strategic Initiatives Manager is responsible for driving business sustainability at the Altavista site as part of site leadership team by identifying by assisting in defining the strategic vision of the site and implementing/executing those initiatives through expansion and enhancement critical projects.  This person will assist and help identify and initiate interactions amongst all the site stakeholders to progressively enhance performance and growth in alignment with our True North platforms and  excelerate. Provide strategic input into the development and execution of strategic plans to optimize the sites short term plans with long term strategy.  

What You’ll Work On

  • Provide strategic guidance and input for commercial and clinical strategies that impact costs of medical devices and therapy technology solutions by assisting with trial design economic modelling Provide strategic input into Plan and LRP strategies and forecasts for pipeline products.
  • Keep Management aware of developments and maintain buy-in throughout the collaboration process while ensuring that coordination and communication occurs at all stages.
  • Make specific actionable recommendations to Site Director and SLT on strategic opportunities to maximize growth and performance at the site sustainable.
  • This role will be responsible for identifying new initiatives that will affect the entire business unit organization with the goal of leveraging the base business and optimize strategy to deliver on financial, compliance, and cultural sustainability.
  • This position will report directly to the site director, Altavista.
  • This role will be responsible for identifying new initiatives that will affect the entire Altavista site or with the goal of leveraging base business and optimize new initiatives and ensure their realization.  The incumbent will be a SLT member and partner with OpEx, Operations, Engineering, Quality, Finance, Material Control, EHS, and all other support and division functions in order to drive projects to closure and sustain a world class culture.
  • Specific recommendations based on comprehensive opportunity assessments will result in direct annual improvement and drive sustainability in areas of finance, operations, quality, capital improvements, growth, people, and enterprise excellence .The recommendations will have direct impact on short-term and long-term profitability and performance.
  • The site SI Manager is responsible not just for ideation and alignment of ideas for site improvement but also to oversee the execution of those initiatives and implementation as decided on by the SLT.  This can include short term tactical plans for improvement and/or long term strategic plans for growth and sustainability.
  • The SI manager be required to justify projects in alignment with engineering and capital and will have a basic understanding of financial operation, business acumen, Data Analysis, and continuous improvement mindset.
  • The SI manager is expected to be a champion and steward for progress in the site as it aligns with enterprise excellence.  Projects and initiatives can be quantitative (i.e. OEE improvement plans) or qualitative (i.e. engagement/cultural survey improvements).  Depending on the nature of the project and impact/business need.

Required Qualifications

  • Bachelor’s degree required. Advanced degree (e.g., Ph.D., M.D., and M.B.A.) preferred. 
  • Minimum 10 years relevant business experience (inclusive of proven ability to develop strategies that link commercial opportunities with clinical evidence), including but not limited to Strategic Planning, Project Management, Continuous Improvement, and indirect leadership experience.
  • Demonstrated leadership skills and management experience.
  • Executive must have a sound understanding of the nutrition business and should have analytical and extrapolative thinking and influencing skills. Specifically, this person must have broad,  in depth understanding of the Altavista site operations.

* Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year.

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity and a Military/Veteran Friendly employer.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

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$193,778 Low Average $222,411 High $251,044

Understand the total compensation opportunity for Strategic Inititatives Manager (Virginia Plant) at companies like ABBOTT LABORATORIES, base salary plus other pay elements

Average Total Cash Compensation

Includes base and annual incentives

$193,778
$251,044
$222,411
The chart shows total cash compensation for the ABBOTT LABORATORIES Strategic Inititatives Manager (Virginia Plant) in the United States, which includes base, and annual incentives can vary anywhere from $193,778 to $251,044 with an average total cash compensation of $222,411. Total compensation includes the value of any benefits received in addition to your salary and some of the benefits that are most commonly provided within a total compensation package including bonuses, commissions, paid time off, and Insurance. The total cash compensation may get paid differently by industry, location, and other factors.
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