Principal Portfolio Manager
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
As aPrincipal Portfolio Manager youll take the lead in shaping a critical portfolio for Strykers Sustainability Solutions business and accelerate growth in a dynamic missionfocused environment. Sustainability Solutions Stryker
Lead market strategyby forecasting trends anticipating competitive shifts and identifying new customer opportunities.
Drive the full product lifecyclein partnership with crossfunctional teamsfrom uncovering unmet needs through business case financial modeling to development and seamless handoffs to downstream marketing.
Shape longterm portfolio and business strategy ensuring clear alignment across stakeholders and guiding the organization toward sustained growth.
In this role you will be required to travel up to 30% within the US. We offer hybrid work flexibility and you can work from home on Mondays and Fridays.
Relocation assistance is available for candidates open to relocating near Tempe AZ.
What you will do
Monitor market activity penetration and competitive wins or losses
Identify new customer groups and tailor marketing strategies to meet both current and prospective customer needs
Build relationships with key opinion leaders and establish relationships with new thought leaders
Analyze unmet needs to identify product and service opportunities. Able to summarize qualitative and quantitative studies drawing actionable conclusions for the business.
Identify market trends and proactively adjust strategy based on healthcare environment
Lead the new product development process (NPDP) from start to finish engaging key internal stakeholders along the way
Collaborate cross-departmentally to participate in the NPDP process
Lead the execution strategy for the defined portfolio
Communicate long-term portfolio strategy to key stakeholders to gain organizational alignment
Lead product life cycle management of the portfolio from launch to obsolescence
Partner with R&D to anticipate future needs and the strategic assets needed to compete
Partner with Clinical Affairs to generate clinical trials research grants and cost-benefit analysis papers to support clinical claims strategy
Align customer acquisition or retention strategies to the broader portfolio strategy
Align the portfolio segment strategy to broader business strategy
Create and recommend a category definition based on the strategic phase of the business
Understand how to target customers based off of total market potential and opportunity
Continually monitor market trends and make recommendations on market opportunities and strategic focus
Effectively use appropriate benchmarks and document key assumptions when developing forecasts
Develop and incorporate the product lifecycle management (PLCM) plan into the initial strategy
Manage price competition and assure alignment with overall business unit pricing goals
Monitor effectiveness of all marketing channels and promotional campaigns
Required
Bachelors degree required
8 years of work experience required
5 years of medical device or marketing/sales experience
Excellent presentation and interpersonal communication skills
Strong analytical and problem-solving skills
Ability to manage multiple projects while delivering on established timelines
Experience creating marketing strategies and business case financial models
United States of America Pay Ranges:
- USN: $118000 - $196700 USD Annual
View the U.S. work location and transparency guide to find the pay range for your location.
Travel Percentage: 30%Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race ethnicity color religion sex gender identity sexual orientation national origin disability or protected veteran status. Stryker is an EO employer M/F/Veteran/Disability.Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about discussed or disclosed their own pay or the pay of another employee or applicant. However employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information unless the disclosure is (a) in response to a formal complaint or charge (b) in furtherance of an investigation proceeding hearing or action including an investigation conducted by the employer or (c) consistent with the contractors legal duty to furnish information.Required Experience:
Manager
Key Skills
About Company
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongsid ... View more
