Abbott

Global Director, Product Management - Abbott Heart Failure

Abbott • $193K — $386K *
Pleasanton, CA 94566In-Person
Healthcare
8 - 10 years of experience
Reposted 2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • 8+ years in brand and product management, preferably in cardiac medical devices
  • Experience influencing senior stakeholders using data-driven insights
  • Proven success in developing complex strategic business plans
  • Strong data analysis and financial skills
  • Demonstrated record of talent development
  • Excellent interpersonal, communication, and analytical skills

Responsibilities

  • Drive strategic franchise-level decisions
  • Serve as a central point for market knowledge and execution
  • Anticipate and shape strategic decisions based on competition
  • Guide product development from insights to launch
  • Lead cross-functional teams through product development cycles
  • Direct go-to-market strategies including market segmentation
  • Oversee brand strategy and ensure successful product launches

Benefits

  • Offers work-life balance and flexibility
  • Collaborative culture with opportunities for professional development
  • Opportunity to lead innovative projects in healthcare
  • Travel opportunities (up to 25%)
  • Supportive of diversity and inclusion in the workplace
Full Job Description
JOB DESCRIPTION:

Want to play a leading role in redefining the future of Heart Failure? This opportunity plays a crucial role in driving care model innovation for heart failure. You will partner with the executive leadership team as we develop, refine and execute our hemodynamic monitoring franchise strategy for short and long-term growth. You will help develop and drive organic and inorganic growth strategies and tactically execute on the key insights your team delivers.
  • Drive franchise-level decisions that are strategic, tactical, and operational.
  • Focal point for the Division with regards to category market knowledge, planning and execution and achievement of business objectives. Responsible for the franchise and category lifecycle management, from generation of customer and market insights to concept and product/solution development and launch.
  • Stays ahead of category competition both direct and indirect, able to understand implications and shape strategic decision-making.
  • Anticipates new market demands and creation of new markets, provides leadership for product/concept justification during funding cycle to product development.
  • Uses market research, customer input, internal stakeholder feedback and other means to ensure profitable and differentiated products are delivered to market. Ensures that appropriate customer requirements and design inputs are crafted to guide the development team.
  • Provides leadership and direction to R&D and support organizations throughout development cycle (e.g., trade-off analysis across customer, financial and timeline impacts).
  • Directs go-to-market strategy for new product launches, including definition of and segmentation of the market, targeting and positioning, new product reimbursement landscape and all aspects of the marketing mix (product, price, promotion, and sales enablement).
  • Owns the product brand strategy and messaging architecture.
  • Ensures launch and post-launch success by providing support to regional commercial organizations and on-market teams through successful launch.
  • Participates in strategic planning initiatives such as portfolio management process and long-range strategic planning to ensure profitable growth opportunities are supported.
  • Be a highly experienced leader and good people manager.


EDUCATION AND EXPERIENCE YOU'LL BRING

Required
  • Bachelor's degree required.
  • At least 8 of progressively responsible brand and product management experience, preferably in implantable cardiac medical devices.
  • Ability to influence senior-level stakeholders and confidently recommend a point-of-view based on insights and data.
  • Proven ability to develop and execute complex strategic business plans, proven effectiveness in financial and budget management.
  • Data analysis and financial skills are critical.
  • Record of successful talent development through direct or indirect reporting relationships.
  • Ability to motivate, focus, and lead a diverse group of people; demonstrated effectiveness at developing talent throughout organizational levels.
  • Excellent interpersonal skills to collaborate with a multitude of functions, outstanding communication and presentation skills. Strong analytical ability and understanding.


Preferred
  • MBA strongly preferred due to the business complexity and P&L responsibility of the position.
  • Experience in Cardiac Implantable Medical Devices.


The base pay for this position is
$193,300.00 - $386,700.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
Product Management

DIVISION:
HF Heart Failure

LOCATION:
United States > Pleasanton : 6101 Stoneridge Dr

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

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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.

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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.

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Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Healthcare
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ
ABT
* Ladders Estimates

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