Medifast, Inc hiring Principal Strategist in Baltimore, Maryland, United States | LinkedIn (2024)

About The OpportunityAt Medifast, our team members are relentless in our mission of driving Lifelong Transformation, One Healthy Habit at a Time®. When you join Medifast, you become part of a dynamic, fast-growing community of highly motivated, like-hearted people who share a passion for promoting health and wellness. Just as OPTAVIA Coaches inspire Clients to reach their personal wellness goals, at Medifast, we inspire each other to bring our best to work each day to further our shared mission. If you want to build a rewarding career that makes lives better on a daily basis, Medifast may be the perfect place for you.

Overview Of PositionMedifast is seeking a Principal Strategist. In this role, you’ll define and execute on multiple aspects of our value creation strategy, including evaluating new market opportunities, identifying and building new strategic partnerships, incubating new products, expanding existing business, and driving overall profitability of the company. As a part of the team responsible for developing and owning our value creation strategy, you’ll create long-term solutions to better serve the coaches and clients of OPTAVIA, on their journey to physical, emotional, and financial wellness. You will work cross-functionally and with external stakeholders to design, build and scale our current initiatives and generate innovative solutions that will shape the future of the health and wellness category.

This is a new role and team for Medifast. We recently brought on a new executive leader to build out the company’s Strategy, Business Development, and Insights group. You can be part of this “founding team” and shape how the company drives into its next phase of growth. Given the importance of this team, you’ll be working very closely with the company’s most senior executives to shape the “what” and the “how” of where we go next.

Job Responsibilities

• Develop strategies and priorities on how to expand the Medifast/OPTAVIA offering to new client segments, product areas, and geographies through a variety of cross functional levers
• Conduct rigorous analyses and insights to ensure where we go next is grounded in a deep perspective of our business model, our coaches, and our clients.
• Develop business plans based on well-founded insights; realistic; modeled and financially viable; aligned with strategy; present to executive management
• Manage cross functional teams to accelerate key multi-year value creation initiatives
• Design operational strategy and push execution; continuously working to rapidly scale toward profitable growth
• Identify, build, and grow relationships with internal stakeholders, coach leaders, and strategic partners; build respect for business savvy and creativity; trusted; go-to
• Master the ins and outs of OPTAVIA’s powerful business model and capabilities to to build strategies that will thrive in and accelerate the coach-based business
• Fuel the creation and adoption of solutions that will unlock deeper growth for our clients

ScopeAbility to juggle multiple cross functional workstreams, with mix of longer major growth bets that will occur over a series of years, to nearer-in value creation initiatives that need to be vetted / assessed / and actioned in months

Influences multi-million dollar investment decisions through skilled analysis, strategic savvy, and innovative thinking.

Interacts with executive and senior staff on a regular basis. Ensures initiatives deliver on their promise, within budget, scope, and time with no disruption to Coaches and Clients. The position requires strategic thinking and relationship building with executive management through to line workers.

Knowledge, Education, Skills, & Abilities

• A Bachelor’s Degree and 8+ years of experience in management consulting, investment banking or in a relevant role at either a high-growth startup or company; MBA or other advanced degree is a plus
• Strong analytical and presentation skills; you can analyze a problem, pay attention to details, generate compelling insights and communicate them clearly through presentations.
• Organized and proactive; you’re a self-starter who is comfortable taking on significant responsibility, and can quickly learn and apply new skills
• A strong executor, you get the job done while keeping the big picture firmly in mind.
• Creative generalist; you’re excited to hone cross-functional business skills — from product and sales to finance and business development — and apply them to structure and solve ambiguous problems.
• A people person; you enjoy building rapport with internal and external partners, excel at working with people from different backgrounds, and bring a sense of humor and humility to each conversation.
• A savvy and tactful communicator; you intuitively find the right tone for each audience.
• Previous interest or experience in international business, consumer goods/consumer services / health and wellness, but not required.
• A creative background and entrepreneurial mindset — you’ve started a new organization or business or have demonstrated interest in undefined projects or problems in another way.
• Experience with growth-related efforts – not just efficiency or productivity work

At Medifast, Relationships Are At The Center Of What We Do! We thrive by elevating our connections with one another as well as with our Coaches & Clients. We believe that everyone has the potential to be OUTSTANDING. The Medifast culture is built on seven core values: integrity, courage, teaming, accountability, empowerment, partnership and diversity. These values aren’t just words on a page – they are celebrated as a core part of the company’s philosophy.

We Lead By…Mastering Relationships: We build trust, promote collaboration and we are reliable.

Being innovative: We strive to improve things in our areas of influence; test, refine and expand within the business strategy; and reach beyond real and perceived boundaries.

Simplifying: We are committed to making things measurable, repeatable and scalable; focusing on outcomes not activities; and eliminating complexity to increase focus.

Anticipating: We predict long-term business and organizational needs; challenge assumptions; and expect and prepare for the unexpected.

About Medifast®Medifast (NYSE: MED) is the health and wellness company known for its habit-based and coach-guided lifestyle solution OPTAVIA®, which provides people with a simple yet comprehensive approach to address obesity and support a healthy lifestyle. OPTAVIA's holistic solution includes lifestyle plans with clinically proven health benefits, scientifically developed products, and a framework for habit creation – all reinforced by independent coach support for customers on their weight loss journeys. Through its collaboration with national virtual primary care provider LifeMD® (Nasdaq: LFMD) and its affiliated medical group, the holistic solution now includes access to GLP-1 medications where clinically appropriate. Visit the OPTAVIA and Medifast websites for more information and follow Medifast on X and LinkedIn.

Thank you for taking the time to learn more about Medifast.