Director, Product Management
New
Remote, USA / Remote, CanadaFull-TimeDirector
Salary129,000 - 233,000 USD per year
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Job Details
- Experience
- 10+ years of experience
- Required Skills
- Product ManagementCross-functional Team LeadershipProduct DevelopmentMarket Research
Requirements
- Bachelor’s Degree in business or science related field is required. PhD or MBA are highly desirable.
- 10+ years of experience in product management or related function. Prior product management experience in the medical devices industry (particularly diagnostics) is highly desirable.
- Strong track record of leading successful new product introductions with hands-on product development experience ranging from concept through product launch.
- Significant experience identifying and quantitatively assessing business opportunities and developing business plans to support.
- Experience conducting market research studies to understand customer needs and market trends leading to identification of new product and business opportunities.
- Experience working directly with a sales team to set and meet sales targets.
- Experience developing key opinion leader relationships and external partnerships.
- Experience managing and coaching direct reports and developing high performing associates and teams.
- Strong understanding of product development processes from product concept to commercialization and product lifecycle management and from launch to product rationalization. Demonstrated ability to lead others through these processes.
- Must be able to achieve results in a cross-functional team environment, exhibiting formal and informal leadership skills and strong goal / results orientation.
- Outstanding communication skills, including written and oral communication to senior executive audiences.
- Ability to travel throughout the US/Canada and internationally.
Responsibilities
- Lead a team in developing and executing a multi-year product roadmap for the SMS business by identifying and quantifying market opportunities, developing and assessing product concepts, and driving the development and commercialization of the products.
- Establish and execute product lifecycle management plans for each product line within the portfolio, including evolution of claims, COGS reduction, pricing analysis, SKU consolidation and product rationalization.
- Provide strategic leadership to the cross-functional teams for product development projects. Provide input as the voice of customer through all stages of product development, and provide clear direction to the cross-functional team.
- Maintain a prioritized list of product initiatives and work closely with cross-functional leaders to ensure support and resourcing according to the prioritization. Clearly and quantitatively justify projects by creating business cases and forecasting customer acceptance.
- Work cross-functionally with leaders in other departments, including R&D, regulatory and clinical affairs, operations, finance, downstream marketing and sales.
- Serve as a product expert, developing a deep understanding of the products in the portfolio and their applications.
- Gather and evaluate customer input and be the portfolio champion, ensuring product performance meets expectations while exploring ways for continuous product improvement and market adoption growth.
- Lead the development of the SMS business growth strategy through OTI’s annual strategy playbook process.
- Lead market research activities to better understand customer needs and market trends. Generate new insights that lead to the identification of new product and business opportunities.
- Lead the development of the SMS Long Range Plan 5-year financial projections.
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