Cassia is a leading provider of senior living solutions dedicated to enhancing the quality of life for seniors. Our mission is to create vibrant, engaging communities that promote independence, wellness, and meaningful connections. We are seeking a strategic and dynamic Vice President of Strategic Development to join our executive team and drive our growth initiatives. As part of our team you would help deliver our mission and values of "serving all by following One" as we are a faith-based, nonprofit organization that was formed between the affiliation of Elim Care and Augustana Care.
The Vice President of Strategic Development based in Edina, Minnesota, will be responsible for developing and executing strategic plans to expand our market and drive growth by increasing Cassia's market presence. In this role, you will identify, collaboratively evaluate and facilitate the strategic transition of senior care and living communities for either acquisition, merger or management by Cassia. The individual will also coordinate the components of our strategic planning process. This role requires a strong understanding of the senior living industry, exceptional leadership skills, and the ability to build and maintain relationships with key stakeholders.
Responsibilities:
Business Development and Growth
Develop and implement a comprehensive business development strategy to achieve company growth targets.Manage lifecycle of business transactions, including mergers, acquisitions, divestitures and strategic partnershipsConduct due diligence to assess the viability and risks of potential transactions Work closely and collaborate with various departments, including finance, legal, operations, clinical, and HR to ensure seamless execution of transactions Maintain positive relationships with new and existing 3rd party management/owners and follow-up on topics overlapping the contract (Ops manages day to day)Pursue growth in new and existing markets Create strategic growth within new and existing service lines Lead negotiations with potential partners, buyers, or sellers to secure favorable terms Establish an internal protocol and metrics by which project priorities and viability are evaluated, including appropriate integration of key stakeholdersStrategic Initiative Foster a culture of innovation within the organization and industry stakeholders, including investors, operators, and community organizationsOversee the planning, execution, and monitoring of strategic initiatives and projects Ability to facilitate discussions, generate consensus to create specific outcomesTrack and analyze the performance of strategic initiatives Lead market research efforts to understand trends, competitor activity, and customer needsPrepare and present business proposals and strategic plans to the executive team and board of directorsActs as the staff liaison to the Strategic Planning Committee of the Cassia Board of Directors Requirements:10+ years of experience in business development, mergers, acquisitions, and/or startups. Experience preferred in senior living or healthcare sectors.Proven track record of initiative, collaboration and entrepreneurial outcomes Strong analytical skills with the ability to interpret market data and develop actionable strategiesCurrent knowledge of legal regulatory and risk variables involved in new business development, mergers and acquisitions Ability to prioritize and manage multiple tasksExcellent skills in problem definition and resolutionCollaborative work style and/or knowledge of financial aspects such as payer sources, financials and net incomesAbility to develop and maintain positive relationships with key stakeholders Wage and Benefits:Wage will be $150,000 - $210,000 Competitive salary with credit for experienceTuition Discount Opportunities/ Scholarships/ Student Loan Forgiveness (ask for details)Paid Time Off (PTO)403(b) with employer matchHealthcare, dental, health savings, vision, life, disability, & flex spending options Employer paid Basic Life Insurance for Full-Time Employees Employee Discount ProgramLongevity Recognition, Paid Volunteer Time, and Mentorship ProgramsCollaborative and Inclusive Work CultureEmployee Assistance Program with free confidential counseling/coaching for self and family members
About Us:
Cassia is a faith-based, nonprofit organization with over 200 years of experience caring for those in need. Our Mission is to foster fullness of life for older adults in the spirit of Christ’s love. We take pride in providing compassionate care for our residents by embracing our eight values and service standards: Compassion, Integrity, Excellence, Innovation, Stewardship, Unity, Respect and Collaboration.
At Cassia, you will be empowered to foster fullness of life for those we serve. Cassia will support your career goals and celebrate your passions. If you are seeking a career experience where you will have fun, be challenged, and recognized for your individuality, Cassia is the answer. I AM Cassia... Are You?
Cassia is an equal employment opportunity/affirmative action & veteran friendly employer.