Abbott Strategic Portfolio Manager, Global in Austin, Texas
At Abbott, we're committed to helping people live their best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 99,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve.
We are seeking an experienced product portfolio manager to serve as the commercial marketing lead on high-profile portfolio management core teams for Abbott’s industry-leading chronic pain and neurological disorder therapies portfolio.
As a member of the global downstream marketing team, this position will work closely with cross-functional, global partners to create, define, and implement global processes and strategies that ensure our product portfolio aligns with strategic objectives of the organization.
Main Responsibilities Develops strategic marketing plans to meet global revenue, profitability, and market penetration goals, ensuring collaboration and alignment with cross-functional partners
Provides analysis of portfolio sales trends to support go-forward initiatives
Uses product development plans, sales data and commercial strategy to create and implement strategies to manage/right-size product portfolio to maximize value and efficiency
Serves as global marketing lead on the geographic expansion core team, responsible for coordinating completion of and presenting business cases to leadership for new product introductions and market expansions
Works across sales leadership and sales operations to create global pricing strategy and management process
Serve as global marketing lead on EU MDR core team, ensuring commercial strategy is maintained while meeting overall compliance standards of the new regulation
Continuously monitors market needs and customer acceptance through sales force contact, customer visits, attending key congresses and meetings, and conducting primary and secondary market research
Analyzes sales metrics to project financial forecast and evolve strategy to secure results
Maintains understanding of neuromodulation technology in a competitive environment
Manages to a quarterly and annual budget
Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments.
Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors
Performs other related duties and responsibilities, on occasion, as assigned
Bachelor’s degree in Finance, Engineering, Marketing, Business Administration, or equivalent; MBA preferred
3-5 years progressively responsible finance, program management, marketing similar experience
Strong analytical, problem-solving, and organizational skills, as well as attention to detail
Strong business acumen
Demonstrated proficiency in Excel (advanced skills preferred)
Knowledge of the principles, processes and standards for financial modeling
Experience working with complex product portfolios in the medical device industry
Ability to manage multiple projects
Experience working in a broader enterprise/cross-division business unit model preferred
Ability to work in a highly matrixed and geographically diverse business environment
Ability to work within a team and as an individual contributor in a fast-paced, changing environment
Ability to leverage and/or engage others to accomplish projects
Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization
Multitasks, prioritizes and meets deadlines in timely manner
Ability to travel up to 40%
Ability to maintain regular and predictable attendance
An Equal Opportunity Employer
Abbot welcomes and encourages diversity in our workforce.
We provide reasonable accommodation to qualified individuals with disabilities.
To request accommodation, please call 224-667-4913 or email email@example.com