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Stryker

Principal Portfolio Manager

Stryker, Fremont, California, us, 94537


We are excited to be named one of the World’s Best Workplaces by Fortune Magazine! We are proud to offer you 12 paid holidays annually. For an overview of our benefits and time off, please follow this link to learn more:US Stryker employee benefits. (https://d25zu39ynyitwy.cloudfront.net/oms/000000/document/2024/6/SMVZW_USStrykerEmployeebenefits/USStrykerEmployeebenefits.pdf)

We are looking for a dynamic and experienced Principal Global Portfolio Manager to join our team. This role involves leading the strategic development and execution of new product initiatives from concept to commercialization across multiple product lines. You will collaborate closely with cross-functional teams, including R&D, Marketing, Sales, and Regulatory Affairs, to drive the successful launch and market adoption of our innovative solutions. Additionally, you will play a key role in mentoring junior team members, while continuously evaluating and optimizing existing processes to drive efficiency and improve outcomes.

Who we want

Hard-working winners. Confident, competitive and results-oriented professionals 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.

What you will do

Lead the collection and synthesis of competitive intelligence to inform strategic direction.

Proactively anticipate customer and patient needs to shape a value proposition.

Collaborate with key opinion leaders and clinical experts to gain deep product and market insights.

Continuously optimize value propositions through direct and data-driven customer understanding.

Utilize market research and industry data to pinpoint emerging trends, enhancing strategic insights.

Synthesize historical and current data to provide a robust foundation for market analysis and future forecasting.

Conduct comprehensive forecasting to predict sales trends

Collaborate cross-departmentally to lead the new product development (NPD) process.

Build financial business case model to support NDP funding and ROI.

Deliver business objectives, marketing objectives, and lead the discovery process for pre-commercialization plans.

Maximize NPD and launch planning by leveraging core competencies and strategic assets.

Partner with Clinical Affairs to propose research objectives for evidence generation (Clinical studies, research papers, etc.).

Authors key strategy documents: strategic plan, annual marketing plan, product launch plans, etc.

Translate the marketing plan to specific marketing activities to carry out the plan.

Understand the costs of acquiring new customers vs. retaining current customers.

Target customers based on total market potential and opportunity.

Evaluate potential sources of new volume and financial trade-offs within and outside current customer segments.

Define performance criteria used for evaluating business trends and activities.

Collaborate with your downstream counterpart to develo a product lifecycle management (PLCM) plan as it relates to the overall business and launch strategy.

Create and communicate a value proposition.

Build product pricing consistent with the Marketing Strategy and brand positioning, along side your downstream counter part.

Adhere to organizational protocols, practices and procedures for gathering competitive information.

Hold self and others accountable to deliver high quality results with passion, energy, and drive to meet business priorities.

Mentor, develop and inspire others

Develop key relationships with industry/market thought leaders, organizations, and institutions, in collaboration with other marketing leaders.

What you need

Bachelor’s degree required.

MBA preferred.

8+ years of work experience required.

3+ years medical device or marketing/sales experience required.

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.

Prior understanding of Ischemic stroke space is preferred

Prior global marketing experience required

Demonstrated proficiency in Microsoft Office (Excel, Word & PowerPoint).

$112,800 - $239,900 salary plus bonus eligible + benefits. Actual minimum and maximum may vary based on location. Individual pay is based on skills, experience, and other relevant factors.

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.

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.