Baxter International

Portfolio Optimization Leader

Baxter International$216K — $297K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree required; MBA preferred
  • 10–15+ years in operations, strategy, or continuous improvement
  • Experience with 80/20 methodology, Lean, or segmentation
  • Demonstrated analytical and strategic thinking skills
  • Exceptional communication and coaching abilities

Responsibilities

  • Apply the Pareto Principle to prioritize key tasks and products
  • Lead enterprise-wide SKU rationalization for efficiency
  • Redirect resources to support high-impact initiatives
  • Champion a culture of simplification and continuous improvement
  • Empower teams by identifying and delegating to top talent
  • Utilize data analytics for informed decision-making
  • Facilitate process improvement through workshops and events

Benefits

  • Medical and dental coverage starting on day one
  • 401(k) Retirement Savings Plan with company matching
  • Flexible Spending Accounts for health expenses
  • 20 to 35 days of paid time off based on service
  • Employee stock purchase plan at a discount
  • Childcare benefits and commuter support
  • Paid parental and medical leave
Full Job Description

Your role at Baxter

The Portfolio Optimization Leader is a strategic member of the Baxter GPS office and is responsible for driving enterprise-level focus and value creation through Portfolio Optimization, which includes projects that improve processes and accelerate transformation, as well as product portfolio rationalization using 80/20 capabilities. A core responsibility of this role is governing a large, cross-functional portfolio of 800+ projects to simplify complexity, improve business performance, and ensure resources are concentrated on the highest-value opportunities. This leader establishes governance, prioritization, and review mechanisms that enable disciplined decision making, strong accountability, and elimination of low-value work and offerings. They also provide enterprise visibility into benefit tracing across Operating Income, Revenue Growth, ROIC, Free Cash Flow, cost avoidance, productivity and customer satisfaction, while highlighting risks to achieving targets and providing regular updates to Senior Leaders. They challenge the status quo, articulate the “why,” and help teams focus on the initiatives that matter most.

What will you be doing

  • Strategic Prioritization: Apply the Pareto Principle to identify the “vital few” tasks, customers, and SKU/product lines that generate the highest returns.
  • Portfolio Optimization & Governance: Govern a portfolio of initiatives focused on process improvement, business transformation, and product portfolio rationalization using 80/20 capabilities; establish governance forums, decision rights, and prioritization criteria to focus investment on the highest-value opportunities and eliminate low-value complexity.
  • Portfolio Reporting & Value Realization: Report the status of an 800+ project portfolio, including value realization and risks to achieving targets; provide transparency on progress, expected outcomes, and gaps requiring leadership attention or intervention. Ensure benefit tracing is in place across Operating Income, Revenue Growth, ROIC, Free Cash Flow, cost avoidance, and customer satisfaction, and provide regular updates to Senior Leaders.
  • Portfolio Mining & Enterprise Deployment: Mine the portfolio to identify repeatable initiatives, scalable solutions, and proven practices; standardize and enforce deployment of these across the enterprise to accelerate value capture, reduce duplication, and improve consistency of outcomes.
  • Resource Allocation: Redirect human, financial, and technological resources toward high‑impact initiatives.
  • Culture Transformation: Champion a culture of simplification, continuous improvement, and focus.
  • Team Empowerment & Delegation: Identify top talent and delegate intentionally.
  • DataDriven Decision Making: Use segmented P&Ls and analytics to guide decisions.
  • Process Improvement & Transformation: Oversee and govern kaizen events, transformation initiatives, and cross-functional improvement efforts to ensure they align to enterprise priorities, simplify processes, increase productivity, and deliver measurable business impact.

Typical Activities would include

  • Conducting 80/20 analysis (e.g., customer, product, profit).
  • Convening kaizen and strategy review forums to assess progress, remove barriers, and reinforce priorities.
  • Developing Raving Fans and target selling strategies.
  • Leading portfolio optimization reviews across process improvement, transformation, and product rationalization; using 80/20 analysis to guide decisions, simplify offerings, and focus investment on the highest-value opportunities.
  • Partnering with senior leaders across business lines.

What will you bring :

Key Skills

  • Analytical & Strategic Thinking: Ability to see the big picture and pinpoint leverage points.
  • Influence & Coaching: Inspire and coach leaders and teams to adopt focused, high‑impact behaviors.
  • Decisive & Focused: Concentrate on important—not just urgent—work and say "no" to lower‑value activities.
  • Governance & Accountability Orientation: Drive results through clear governance, disciplined prioritization, and strong accountability across the portfolio.
  • Exceptional Communication: Clearly articulate the “why” behind decisions and challenge existing norms.
  • Change Leadership: Influence teams through organizational transformation and simplification
  • Bachelor’s degree required; MBA preferred
  • 10–15+ years in operations, strategy, or continuous improvement
  • Experience with 80/20 methodology, Lean, or segmentation

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $216,000 - $297,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses, commission, and/or long-term incentive. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

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US Benefits at Baxter (except for Puerto Rico)

This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount, and the 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching. We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees. For additional information regarding Baxter US Benefits, please speak with your recruiter or visit our Benefits site:

About Baxter International

Baxter International Careers

Joining Baxter International means becoming part of a global team dedicated to transforming the future of healthcare. With a focus on innovation and leadership, Baxter offers unparalleled job opportunities in the medical technology industry. Work You’ll Do At Baxter, you will collaborate with some of the brightest minds in the industry to address some of the most challenging healthcare needs. Our commitment to enhancing healthcare through cutting-edge technology makes us a leader in our field. Transform your career and the future of healthcare with Baxter’s diverse team. Our culture of inclusion and diversity training ensures that every team member can thrive. Baxter is at the forefront of medical innovation, providing a platform for professional growth and development in a dynamic industry. Lead with Baxter’s Leadership Development Programs, designed to foster the next generation of industry leaders. Our programs are tailored to enhance your leadership skills and prepare you for progressive roles within our company. Work with a global team that values collaboration and innovation. At Baxter, you will find a supportive network that encourages career advancement and skill enhancement through continuous learning and professional development. Introducing Baxter International’s Career Growth Opportunities We are committed to offering a range of career paths that help our employees achieve their professional and personal goals. Baxter’s job opportunities span across various functions and regions, ensuring that you can find the perfect match for your skills and ambitions. Do Innovative Work Join Baxter International, a company known for its leadership in healthcare innovation. Our team is dedicated to developing solutions that improve patient outcomes and enhance the efficiency of healthcare providers worldwide. Be Part of a Great Team Baxter’s culture is built on collaboration, respect, and a commitment to excellence. We believe in the power of our people and invest in their growth through comprehensive benefits, competitive internship programs, and opportunities for networking and career development. Future-Proof Your Career Advance your career with Baxter International, where innovation meets opportunity. Our supportive environment is designed to nurture your professional growth, with resources like targeted training programs and access to global opportunities. Explore Discover how Baxter is leading the way in sustainable healthcare solutions and improving patient care across the globe. The Baxter International Difference Our combined expertise in medical devices and pharmaceuticals positions us uniquely in the market. Baxter’s commitment to innovation, diversity, and leadership helps our clients and partners excel in the rapidly evolving healthcare landscape. Stay Connected Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to make a difference. SEARCH BAXTER JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Baxter International.
Learn more about Baxter International
Size
60,000 employees
Market Cap
$25.6 billion
Industry
Net Income
$1.1 billion
Founded
1931
5 Year Trend
+4.7%
Revenue
$11.6 billion
NASDAQ

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