Philips Senior Product Manager in Highland Heights, Ohio

Challenge

The Senior Product Manager is the pivotal marketing role in the Business Innovation Unit (BIU) and drives creation of solutions (integrated combination of products and services) from idea to market. The Senior Product Manager is accountable for defining, launching and building profitable product solution platforms that transform healthcare. They work directly with R&D and other marketing functions to ensure the products/solutions are developed to the feature and price specifications that each target market segment demands. The Senior Product Manager owns the product lifecycle from concept phase through development and launch and eventually, end of life. The Senior Product Manager is required to have deep expertise in market segmentation, product strategy, competitive strategy, and product development.

Responsibilities

  • Develop and maintain a needs-based customer segmentation for their respective solution across global markets (supported by Market Intelligence)

  • Help define product platforms that support growth, product evolution, modular designs

  • Work across R&D, Services and Operations (helping lead “heavyweight teams” where applicable) to develop integrated offerings that meet the needs of priority customer segments, tailored by market

  • Coordinate pricing across product lines to ensure profitable growth

  • Develop channel strategy for each offering by market (e.g., direct in North America, indirect in emerging markets and online globally

  • Develop business cases for new products and services for consideration in the portfolio management process

  • Develop business requirements for new product and enhancements to existing

  • Drive overall execution of development and launch of products/solutions in all markets as part of a cross functional business team including BG/BIU Management, Sales, Field Marketing, Operations and Finance

  • Develop and maintain five-year strategic vision for product roadmap (for internal stakeholders and customers)

Minimum Qualifications :

  • Bachelor’s degree or equivalent work experience

  • 5+ years of related experience in Product Management or adjacent fields (e.g. Field Marketing, Clinical Science, Marketing Communications)

Desired Qualifications:

  • MBA and/or PhD desired in related field

  • 5 yrs related experience in Product Management or adjacent fields (e.g. Field Marketing, Clinical Science, Marketing Communications) with cross functional expertise

  • Experience in large high-tech, healthcare/med-tech solutions businesses

Skills:

  • Demonstrated experience developing and creating strong functional teams with robust talent pipeline.

  • Ability to synthesize market and customer feedback and existing and new products into solutions; comfortable with making tradeoffs, decisively

  • Expertise delivering complex projects to meet demanding feature, cost, quality and introduction date targets

  • Demonstrable communication skills and ability to lead an organization to develop market leading products/solutions

  • High-tech product launch experience (clinical experience a nice to have)

  • Proven communication skills and ability to influence colleagues

  • Fluent in hardware and software product development, including quality and reliability techniques

Advance your career in an environment that supports work-life balance, health & well-being and continuous learning. Making a difference begins right here, where you come first. Apply today!

Find out more info about Philips at www.philips.com/na/careers

Philips is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status.

As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.