Group Product Manager

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

Working at Abbott

At Abbott, You Can Do Work That Matters, Grow, And Learn, Care For Yourself And Your Family, Be Your True Self, And Live a Full Life. You’ll Also Have Access To

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution.
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

At Abbott Heart Failure, our work is guided by our mission. We aspire to pioneer and increase access to life-saving, connected innovations that empower people to take control of their health by delivering seamless clinical solutions, from diagnosis to monitoring and treatment.

As the Group Product Manager for CardioMEMS, you will be helping to lead the entire franchise and shape the future for how heart failure is managed. This position works out of our Pleasanton, CA location in the Heart Failure Division. In Abbott’s Heart Failure (HF) business, we’re developing solutions to diagnose, monitor and manage heart failure, allowing people to restore their health and get on with their lives.

We are seeking a Group Product Manager to join the Global Marketing team, which is responsible for global strategy and management of products that improve the lives of people with heart failure.

Attractive features of this role and division -

• Life Changing Technology - Lead the global long-term strategy for Abbott Heart Failure’s CardioMEMS portfolio.
• Small Company Feel, Large Company Stability—gain the benefits of working in a successful, smaller affiliate while enjoying the stability of working for a division within a large, stable and growing multi-national health care company.
• High Visibility—the role regularly interfaces with Abbott Heart Failure Senior Management.
• Attractive Compensation/Benefits—a highly attractive compensation package featuring strong bonus and long-term incentive plans.
• Career Development—the successful candidate will receive career development opportunities leading to General Management.

Company Culture – fast paced and strong patient centric culture, focusing on providing life-saving solutions across the heart failure continuum

What You’ll Work On

• Define and advance the strategy and roadmap for hemodynamic management products.
• Mentor a team of product managers, proactively supporting their professional development.
• Lead the launch planning process for the game-changing innovations; define market access, pricing, distribution, sales force organization and promotion strategies.
• Act as a strategic “think tank” for Senior Management on key business initiatives and issues; understand business dynamics and competitive trends and proactively plan for potential impact on Abbott Heart Failure business in the category.
• Provide strong leadership and project management including clearly defined objectives/ priorities, established milestones, leading cross-functional teams to meet and exceed goals in a dynamic environment, while maintaining strong attention to detail.
• Coach and guide a team of product managers to create business plans, act as voice of the customer on product development teams, and continuously serve as the visionary that identify and prioritize unmet user needs and translate them into product requirements.
• Collaborate with product marketing to produce promotional and educational content; provide on-market product support to regional commercial teams.
• Perform complex business and financial analysis (e.g., customer segmentation, product benefit trade-off, portfolio optimization, etc.) that yields actionable insights to grow the market, increase market share, sales and margin.
• Identify key business questions/issues, formulate hypotheses, collect data necessary to evaluate the hypotheses, perform analysis and summarize conclusions/ recommendations with minimal guidance.
• Deliver proactive, transparent, and effective communications cadence to ensure timely sharing of information with the executive leadership teams and matrix stakeholders.

Required Qualifications

• B.A., B.S., or M.S. degree preferably in a technical or scientific field.
• At least 10 years of experience in healthcare is needed with background in pharmaceuticals, diagnostics or devices.
• Demonstrated track record of success in product management and product launches, ideally in medical devices.
• Demonstrated robust analytical individual skills related to financial modeling, business analytics – the ability to execute independently and through others while maintaining a high-standard of deliverables.
• Relentless curiosity— proactively anticipating risks; demonstrated ability to uncover hidden insights, take ownership of problems, resolve ambiguities, exercise sound judgment, and independently determine appropriate course of action where precedent may not exist.
• An approachable and credible communication style, with exceptional verbal and written communication skills; to keep all levels of the organization informed, engaged, and motivated.
• Intellectual agility - able to pivot based on shifting priorities and balance multiple projects seamlessly in a fast-paced environment.
• Positive attitude, confidence, integrity, and professionalism. Initiative and self-motivation; strong work ethic; leadership and team orientation; strong proactive interpersonal skills with proven ability to work with others; ability to work in a matrixed environment, strong cross-functional management by influence.

Preferred Qualifications

MBA from a top tiered school is preferred

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

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The base pay for this position is $146,700.00 – $293,300.00. In specific locations, the pay range may vary from the range posted.