Abbott

Director of Strategy and Portfolio Management, North America Commercial Operations

Abbott$172K — $344K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS or BA required; MBA strongly preferred due to business complexity
  • 8-10 years of experience in marketing, commercial functions, preferably in healthcare
  • Demonstrated experience leading successful commercial teams
  • Proven track record developing and implementing commercial strategies
  • Experience in change management and strategic planning during uncertainty
  • Strong analytical abilities and financial management skills
  • Excellent communication and interpersonal skills for collaboration.

Responsibilities

  • Lead the formulation and execution of the strategic plan
  • Oversee tactical strategy implementation across relevant functions
  • Manage product portfolio lifecycle from introduction to phase-out
  • Drive collaboration for cross-functional strategic initiatives
  • Lead scenario planning and develop risk mitigation strategies
  • Manage high-impact ad-hoc strategic initiatives for the business
  • Act as a consultant to various commercial leaders on strategies
  • Promote cross-functional understanding and talent development.

Benefits

  • Opportunity for leadership in a key strategic role
  • Engage in high-impact projects aligning with overall business goals
  • Collaborate with multiple functions for integrated strategies
  • Professional development through active team leadership
  • High visibility and influence in strategic business decisions
  • Opportunity to shape the strategic direction of a product portfolio.
Full Job Description


The Director of Strategy and Portfolio Management is a key leadership role focused on shaping and driving the strategic direction of the company’s product portfolio in North America. This role involves leading the development and execution of both long-term and short-term strategies, ensuring cross-functional alignment, and overseeing the entire product lifecycle from a commercial perspective. The position requires a deep understanding of market dynamics, competitive landscapes, and financial imperatives to guide the portfolio toward sustainable growth and profitability.

This role is vital in ensuring that the company’s product portfolio is strategically positioned for sustained growth and competitive advantage, aligning all functions to drive the company’s long-term vision and business success.

WHAT YOU'LL DO

  • Strategic Planning:
    Lead the formulation and execution of the Strategic plan, ensuring alignment with the company’s overarching business objectives and market opportunities.
  • Tactical Strategy Implementation:
    Lead the tactical/execution Plan process across all relevant functions, ensuring that departmental efforts are aligned and contribute to the overall strategic goals.
  • Portfolio Strategy Management:
    Manage the product portfolio’s lifecycle, from strategic planning of new product introductions to the phase-out of end-of-life products, ensuring that all decisions are aligned and contribute to market leadership.
  • Cross-Functional Alignment:
    • Drive collaboration across functions (Marketing, Sales, and Market Access) to ensure all strategic initiatives are integrated across the organization, including scenario planning, competitive analysis, and risk mitigation.
    • Leads monthly CMR (Commercial management review) meetings to ensure cross functional alignment regarding portfolio launches and strategic initiatives.
  • Scenario Planning & Strategic Risk Management:
    Lead scenario planning efforts and identify strategic risks, developing mitigation strategies to ensure portfolio decisions are resilient and forward-looking.
  • Ad-Hoc strategic initiatives: lead and manage unique, high impact projects that arise outside of regular portfolio planning cycles, ensuring that these one-off initiatives are aligns to overall business.
  • Commercial Understanding:
    • Demonstrate an understanding of business drivers and influence them to achieve flawless execution.
    • Understand customer needs and operations.
    • Incorporate consumer and customer insights and trends into strategy and tactics.
  • Commercial Leadership: Act as a consultant to Sales, Market access and Marketing Directors on appropriate commercial strategies. Serve as the lead with the Global PMO team on commercial portfolio strategies.
  • Building and Leading Teams:
    • Promote cross-functional understanding between Sales, Marketing, and market access teams. Achieve results through effective team leadership rather than individual effort.
    • Demonstrate a record of successful talent development through direct or indirect reporting relationships. Proactively manage talent and create development opportunities.

Education / Experience

  • BS or BA required; MBA strongly preferred due to the business complexity and P&L support of the position.
  • Sustained experience and proven results in the following areas: appr. 8-10 years of experience and successful track record in marketing, commercial functions, ideally in the health care arena and managing a P&L
  • Leading of successful commercial teams, several years of people management experience
  • Proven track record of developing successful commercial strategies, tactics, including implementation
  • Leading change management processes and ability to build strategic plans / contingency plans in times of uncertainty
  • Strong presentation, communication and motivational skills
  • Proven ability to develop and execute complex strategic business plans, proven effectiveness in financial and budget management.
  • Excellent interpersonal skills to collaborate with a multitude of functions; outstanding communication and presentation skills.
  • Ability to motivate, focus, and lead a diverse group of people; demonstrated effectiveness at developing talent throughout organizational levels.
  • Strong analytical ability and understanding.

The base pay for this position is

$172,000.00 6 $344,000.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:Marketing Support

DIVISION:ADC Diabetes Care

LOCATION:United States > Alameda : Plaza 6 Building

ADDITIONAL LOCATIONS:

WORK SHIFT:Standard

TRAVEL:Yes, 25 % of the Time

MEDICAL SURVEILLANCE:Not Applicable

SIGNIFICANT WORK ACTIVITIES:Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

Explore a world of opportunities with our team. Whether you're seeking job opportunities in engineering, marketing, research, or healthcare, Abbott offers a variety of positions that allow professionals to grow their careers. Our commitment to diversity and innovation is evident in every aspect of our work, fostering an inclusive culture that values each team member's contribution.

Work You'll Do

At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

Internship Programs

Kickstart your career with an Abbott internship. Our programs provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Abbott work on projects that matter, gaining the experience and knowledge necessary to succeed in their future careers.

Professional Development

Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

Join Our Team

Discover the impact you can make with a career at Abbott. We are hiring individuals who are passionate, curious, and driven to lead. Search open positions that match your skills and interests on our Jobs page. Prepare your resume, sharpen your interview skills, and get ready to join a team that's at the cutting edge of healthcare solutions.

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Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

SEARCH ABBOTT JOBS

Join us in our mission to make the world a healthier place through innovation, leadership, and diversity. Your journey to a fulfilling career at Abbott starts here.
Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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