Principal Portfolio Manager (R447683)
Stryker is one of the world’s leading medical technology companies and, together with our customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. We are proud to be named one of the World’s Best Workplaces and a Best Workplace for Diversity by Fortune Magazine. Learn more about our award-winning organization by visiting stryker.com
Who we want
Hard-working winners. Confident, competitive and results-oriented salespeople who create a track record of success.
Dedicated achievers. People who thrive in a fast-paced environment and will stop at nothing to ensure a project is complete and meets regulations and expectations.
Effective communicators. People who can interpret information clearly and accurately to concisely communicate results and recommendations to stakeholders.
Collaborative partners. People who build and leverage cross-functional relationships to bring together ideas, information, use cases, and industry analyses to develop best practices.
Advise on the organization's major competitors
Anticipate and understands the different types of competition that will be faced in the future
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
Raise coworkers' awareness of industry standards, practices and guidelines
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 opportunity 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 assures alignment with overall business unit pricing goals
Monitor effectiveness of all marketing channels and promotional campaigns
Develop key criteria for evaluating business performance
Participate in establishing company and industry best practices for business performance analysis
Bachelor’s degree in marketing, business or related discipline required
8+ years of work experience required
5+ years medical device or marketing/sales experience preferred
Excellent presentation and interpersonal communications skills
Strong analytical and problem-solving skills
Ability to manage multiple projects while delivering on established timelines
Ability to be persuasive in the absence of organizational authority
Must be able to understand and work within complex interdivisional procedures and policies
Demonstrated proficiency in Microsoft Office (Excel, Word & PowerPoint)
A winning team driven to achieve our mission and deliver remarkable results
Quality products that improve the lives of customers and patients
Ability to discover your strengths, follow your passion and own your own career
Know someone at Stryker?
Be sure to have them submit you as a referral prior to applying for this position. Learn more about our employee referral program.