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GPS Portfolio Strategy and Governance

Job in Deerfield, Lake County, Illinois, 60063, USA
Listing for: Baxter Healthcare
Full Time position
Listed on 2026-10-11
Job specializations:
  • Business
    Corporate Strategy, Change Management, Operations Management, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 180000 - 240000 USD Yearly USD 180000.00 240000.00 YEAR
Job Description & How to Apply Below

This is where
your work makes a difference.

At Baxter, we believe every person—regardless of who they are or where they are from—deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond.

Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results.

Here, you will find more than just a job—you will find purpose and pride.

Your role at Baxter

The Senior Director, GPS Portfolio Strategy & Governance is an enterprise transformation and portfolio leader accountable for translating Baxter’s Growth & Performance System (GPS) strategy into a focused, integrated portfolio that delivers measurable enterprise value. This role combines 80/20-based portfolio optimization with rigorous transformation-office governance to simplify complexity, concentrate resources on the vital few priorities, and accelerate execution across businesses and functions.

The Senior Director governs a large, cross-functional portfolio of 800+ initiatives spanning process improvement, business transformation, capability building, digitization, and product/SKU rationalization. Product and SKU work remains an important portfolio workstream, but the role governs it through the same prioritization, stage-gate, benefit-tracking, and accountability mechanisms applied to all other initiatives rather than directly leading SKU execution. Partnering with senior leaders across Finance, HR, Quality, Supply Chain, Commercial, Digital/IT, and Reporting & Analytics, this leader drives integrated planning, disciplined decision making, resource alignment, benefits realization, and sustained adoption of GPS ways of working.

What

will you be doing
  • Enterprise Portfolio Strategy: Translate GPS and enterprise priorities into an integrated, multi-year portfolio roadmap with clear outcomes, owners, milestones, dependencies, and decision points; maintain focus on the critical few initiatives that advance enterprise value creators and KPIs.
  • 80/20 Portfolio Optimization: Apply Pareto-based segmentation and 80/20 capabilities across customers, products, processes, projects, and investments to identify the vital few opportunities, simplify complexity, stop or reshape low-value work, and redirect resources toward the highest-return priorities.
  • Portfolio Governance & Operating Model: Design and lead enterprise governance for an 800+ initiative portfolio, including intake, prioritization, stage gates, decision rights, resource alignment, risk and issue management, escalation, and executive reporting.
  • Product and SKU Rationalization Governance: Govern product and SKU rationalization as a critical portfolio workstream by establishing decision criteria, milestones, ownership, benefit expectations, and escalation paths; ensure accountable business and functional teams lead execution and integrate decisions with customer, commercial, supply chain, quality, and financial considerations.
  • Benefits Realization & Performance Management: Establish standards for defining, validating, and tracking financial and operational benefits across Operating Income, Revenue Growth, ROIC, Free Cash Flow, cost avoidance, productivity, and customer satisfaction; reinforce disciplined follow‑through, action closure, and a strong Say/Do ratio.
  • Executive Governance & Operating Cadence: Lead portfolio reviews and GPS governance forums using…
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