McKesson

Sr. Director, Innovation Incubation

McKesson$151K — $201K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Innovation, Healthcare Administration, Finance, Engineering, Strategy, Marketing, or a related field.
  • 10+ years of professional experience in innovation, strategy, venture development, or related fields.
  • Experience leading innovation programs or new business creation initiatives.
  • Proficient in developing business cases and financial models.
  • Skilled in engaging with senior leadership and cross-functional stakeholders.
  • Experience managing teams in ambiguous environments and during organizational changes.

Responsibilities

  • Build and lead McKesson Canada's innovation incubation capability.
  • Develop and manage an innovation portfolio and opportunity pipeline.
  • Partner with Corporate Strategy to evaluate strategic growth opportunities.
  • Conduct discovery activities to validate business opportunities.
  • Design and test new business models and commercialization strategies.
  • Lead rapid experimentation and MVP development to assess viability.
  • Prepare executive-level presentations to support strategic decisions.

Benefits

  • Hybrid work arrangement, with remote work flexibility.
  • Leadership role in a strategic innovation initiative.
  • Opportunity to influence healthcare market evolution.
  • Access to a cross-functional innovation ecosystem.
  • Potential for mentoring and developing team members.
Full Job Description
Work Arrangement: This is a hybrid position requiring candidates to work on-site at least 2 days per week at our office in Mississauga. The remaining days may be worked remotely, subject to team and business needs.

About the Role:

McKesson Canada is seeking a strategic and entrepreneurial leader to establish and lead our Innovation Incubation capability. Reporting into a cross-functional innovation ecosystem, this role will identify, validate, and develop new growth opportunities that support McKesson Canada's long-term business strategy.

Working closely with Corporate Strategy, Business Development, Business Unit leaders, and external partners, you will evaluate emerging healthcare trends, unmet customer needs, and disruptive technologies to determine where McKesson can create new value. Through disciplined experimentation, customer discovery, prototyping, and business model development, you will transform ideas into investment-ready opportunities and scalable growth initiatives.

This role is ideal for a leader with experience in innovation strategy, venture building, commercialization, healthcare innovation, or new business development who thrives in ambiguous environments and enjoys turning ideas into measurable business outcomes.

What You'll Do:

  • Build and lead McKesson Canada's innovation incubation capability focused on identifying and validating new growth opportunities.
  • Develop and manage an innovation portfolio and opportunity pipeline from concept through investment recommendation.
  • Partner with Corporate Strategy and Business Development to evaluate strategic growth opportunities and emerging market trends.
  • Conduct market, customer, and partner discovery activities to validate business opportunities and customer demand.
  • Design, test, and refine new business models, value propositions, revenue streams, and commercialization strategies.
  • Lead rapid experimentation, pilot programs, and minimum viable product (MVP) development to assess market viability.
  • Develop business cases and financial models evaluating market size, revenue potential, profitability, investment requirements, and return on investment.
  • Establish and manage innovation stage-gate processes, including success metrics, governance, and investment recommendations.
  • Build strategic relationships across the healthcare ecosystem, including health systems, pharmaceutical manufacturers, startups, technology providers, academic institutions, and industry associations.
  • Collaborate with Business Units, Technology, Finance, and Transformation teams to transition validated opportunities into scalable business initiatives.
  • Prepare executive-level presentations and recommendations supporting build, buy, partner, or scale decisions.
  • Mentor and develop team members while fostering a culture of innovation, experimentation, and customer-centric thinking.


Basic Requirements:
  • Bachelor's degree in Business, Innovation, Healthcare Administration, Finance, Engineering, Strategy, Marketing, or a related field.
  • 10+ years of professional experience in innovation, strategy, venture development, new business development, commercialization, management consulting, product strategy, or related fields.
  • Experience leading innovation programs, venture incubation initiatives, commercialization efforts, or new business creation.
  • Experience developing business cases, financial models, and executive-level recommendations.
  • Experience engaging and influencing senior leadership and cross-functional stakeholders.
  • Experience leading teams through ambiguity and organizational change.
  • Exceptional executive communication, storytelling, and presentation skills.


Preferred Skills/Experience:
  • Master's degree or other advanced degree.
  • Experience in healthcare, pharmaceutical, life sciences, healthcare technology, or digital health sectors.
  • Experience building or scaling new products, ventures, businesses, or commercial offerings.
  • Experience with partnership development, strategic alliances, mergers and acquisitions, or venture ecosystems.
  • Strong understanding of customer discovery, market validation, and go-to-market strategy development.


We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.

Our Base Pay Range for this position

$151,200 - $201,600

McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson's (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:

McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.

McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.

McKesson job postings are posted on our career site: careers.mckesson.com.

About McKesson

McKesson Corporation provides medicines, pharmaceutical supplies, information and care management products and services across the healthcare industry. The Company operates in two segments. The McKesson Distribution Solutions segment delivers ethical drugs, medical-surgical supplies and equipment and health and beauty care products throughout North America. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers, sells financial, operational and clinical solutions for pharmacies (retail, hospital, long-term care) and provides consulting, outsourcing and other services. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, strategic management and software solutions. In July 2011, the Company acquired Portico Systems from Safeguard Scientifics, Inc. On March 25, 2012, it acquired the independent banner and franchise businesses of Katz Group Canada Inc. McKesson Distribution Solutions delivers pharmaceuticals to retail pharmacies and institutional providers like hospitals and health systems. They operate pharmaceutical distribution centers across the country, serving customers in all 50 states. They also deliver a comprehensive offering of health care products, technology, equipment and related services to the alternate site market, including physician offices, surgery centers, long-term care facilities and home care businesses across the country. McKesson is currently the largest pharmaceutical distributor in North America. McKesson also operates McKesson Canada and has an equity holding in Nadro, a leading distributor in Mexico.

McKesson Careers

Join McKesson, a leading global healthcare company, and be part of a team that is redefining the future of healthcare. With a variety of job opportunities available, McKesson is the perfect place to advance your career, whether you're a seasoned professional or just starting out. Work You’ll Do At McKesson, we are committed to improving care in every setting—one product, one partner, one patient at a time. We’re seeking talented professionals to join our team and contribute to a culture of innovation, diversity, and leadership. Our employees are driven by a deep sense of purpose and a desire for continuous growth and improvement. Empower Your Future in Healthcare With positions ranging from internships to leadership roles, McKesson offers unparalleled employment opportunities to develop your skills and advance your career. Our commitment to diversity training ensures that all team members have the opportunity to thrive. Join a team where your skills will be honed, your professional growth will be supported, and where you can genuinely see the difference you make in the lives of patients around the world. Innovative Work Environment McKesson is at the forefront of healthcare innovation. Our team is constantly exploring new ways to improve patient outcomes and streamline care processes. This commitment to innovation is what sets us apart and what makes McKesson an exciting place to work. Career Development and Benefits McKesson believes in nurturing the potential of its employees through robust career development programs and comprehensive benefits designed to support your life and well-being. From leadership training to health and wellness benefits, we ensure our team members are equipped to meet their professional and personal goals. Explore Job Opportunities Whether you’re looking for an internship to kickstart your career, or a senior position to utilize your extensive experience, McKesson offers a range of opportunities. Explore our open positions and find where you can make a difference at McKesson. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take the next step in their careers. 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. Networking and Professional Growth At McKesson, networking and professional growth are part of our everyday environment. We encourage our employees to connect, share, and learn from each other to foster personal and professional development. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await you at McKesson. Join McKesson today and be part of a team that is dedicated to shaping the future of healthcare.
Learn more about McKesson
Size
58,000 employees
Market Cap
$53.7 billion
Industry
Net Income
-$4.1 billion
Founded
1833
5 Year Trend
+5.9%
Revenue
$237.6 billion
NASDAQ

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