Director, Product Development MCS

Abbott • Pleasanton, CA

1d • Onsite

About The Position

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 113,000 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 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 Free medical coverage for employees via the Health Investment Plan (HIP) PPO An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists WHAT YOU’LL DO We are recruiting for a Director, Product Development in R&D to join our team in Pleasanton, CA. The Director R&D Provides leadership, vision and direction of a critical R&D development function and/or R&D program. This leadership role will be responsible for electronic, mechanical and system design of medical device and equipment functions; collaborate across the division to optimize products and development programs strategy and budgets; responsible for effective people leadership, up to R&D Director level staff. Conduct high level program management coordination and strategic decision ownership for a wide range of Mechanical Circulatory Support (MCS) products and all related technology development, including shaping the leading-edge technology roadmap; also provide management guidance for the respective organizations to ensure market leading technology and product development. Establish product segment strategies in concert with cross functional senior management. Ensure that the Product teams have clear strategic direction.

Requirements

• Master’s degree in related field.
• Minimum of 12 years of related work experience and 10+ years of managerial role.
• Successful medical device class III NPI launch.

Nice To Haves

• Ph.D. degree highly preferred.

Responsibilities

• Recruits, coaches, and develops organizational talent.
• Fosters a diverse workplace that enables all participants to contribute to their full potential in pursuit of organizational objectives.
• Creates an entrepreneurial environment, transform the R&D teams with can-do and result-oriented culture, and turn around challenge programs to deliver.
• Provides general direction to directors and managers, exempt specialists and non-exempt support in various areas, groups and/or operations.
• Keeps the organization's vision and values at the forefront of decision making and action.
• Demonstrates effective change management and leadership.
• Lead and shape the technology roadmap and build/develop the relevant technical competence in the R&D teams to deliver the business product roadmap and support the product life cycle management.
• Builds strategic partnerships to further departmental and organizational objectives.
• Interacts internally and externally with executive level management, outside regulatory agencies, customers, vendors and suppliers.
• Coordinates across functional areas, business units, and/or geographies to achieve company or area goals.
• Utilizes technical/professional knowledge and skills to establish, interpret and execute company policies in a major segment of the company.
• Monitors and ensures compliance with company policies and procedures (e.g. compliance with FDA, BSI, EEO regulations, etc.).
• Makes and executes operational decisions with a strategic perspective.
• Directs and controls the activities and budget of one or more functional areas, divisions, product groups and/or operations.
• Leads assigned departments by developing, communicating, and building consensus for goals and programs that support division, business unit and company objectives.
• Creates mid- to long-range plans to carry out objectives established by top management; develops and calculates a budget for one or more departments to meet organizational goals; forecasts future departmental or group needs including human and material resources and capital expenditures; determines and establishes organizational structure and supervisory relationships subject to top management approval.
• Typically makes decisions that translate programs established by top management into operational plans and schedules; work is performed without appreciable direction; consequences of erroneous decisions or recommendations would normally result in failure to achieve goals critical to the major objectives of the organization and would seriously affect the financial, employment, or public relations position of the company.
• Monitors progress of departments or units toward divisional and company goals; monitors all costs associated with assigned organizational unit; monitors company-wide indicators such as market share and profitability; monitors industry trends and external environment in areas relevant to the assigned organizational unit.
• Will perform this job in a quality system environment. Failure to adequately perform tasks can result in noncompliance with governmental regulations.
• Develops and/or identifies new work processes that will have broad applicability throughout the company; contributes ideas for improving work processes and achieving organizational goals; investigates and solves problems that impact work processes and personnel in multiple units or departments; develops and communicates a vision for a major segment of the organization.

Benefits

• Career development with an international company where you can grow the career you dream of
• Free medical coverage for employees via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists
• Participants who complete a short wellness assessment qualify for FREE coverage in our HIP PPO medical plan. Free coverage applies in the next calendar year. Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees