Portfolio Manager - DS Transvenous

Medtronic•Mounds View, MN

3d•$103,200 - $154,800•Onsite

About The Position

At Medtronic, you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. The Defibrillation Solutions (DS) business is made up of the foundational therapies of the Implantable Cardioverter Defibrillator business (ICD) and the Cardiac Resynchronization Therapy Defibrators (CRT-D). The DS product portfolio is among the largest revenue contributors across Medtronic with an extensive global footprint and exciting growth opportunities. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. As part of the Defibrillation Solutions (DS) Integrated Operating Unit, the Commercial Marketing organization is seeking a driven, ambitious, and detail-oriented Portfolio Manager. The Portfolio Manager will work as part of the DS Transvenous Commercial/Downstream Marketing Team to drive growth and exceed our annual operating plan. The Portfolio Manager will enable this growth by optimizing the overall lifecycle of the high power portfolio. They will be responsible for strategically finding opportunities to phase down and out products, to heighten focus and efficiency on our core portfolio. They will partner closely with CRM Operations to develop the portfolio strategy, develop business cases for product phaseouts, and support the tactical commercial execution of product phase outs. Additionally, they will support new product launches to ensure a seamless introduction into our operating system, in regards to price and demand planning. The Portfolio Manager will be responsible to establish and leverage processes and operating mechanisms to drive informed decisions, document and execute the lifecycle management plan. If you are a go-getter, grounded though data, a sharp influencer, and curious to define plans through ambiguous space and want a role in Marketing, this role is for you! A career at Medtronic is like no other. We’re purposeful. We’re committed. We value what makes you unique. Come be a part of a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.

Requirements

Requires a Baccalaureate degree and minimum of 4 years of experience in operations, marketing or other relevant, OR advanced degree with a minimum of 2 years relevant experience.
Healthcare industry experience
Previous commercial marketing experience
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Nice To Haves

MBA or advanced degree
Analytical and results-oriented
Demonstrated ability to develop a strategic plan of action
Comfort navigating ambiguity with ability to develop strategy and gain consensus
Exhibit a hands-on, high-energy, and go-getter style complemented by a team player attitude
Superb relationship building, interpersonal, and communication skills
Ability to run a meeting with executive leadership to drive decision making among stakeholders
Engaged individual, ready to lean in and contribute to all subject matter across our business
Project planning and/or process management experience
Willingness to dig deep in to details and understand the WHY behind matters

Responsibilities

Develop a two-year horizon lifecycle management plan for the high power portfolio
Identify opportunities across our portfolio, including devices, leads and accessories for phase out opportunities.
Understand the competitive landscape, impact and alternate options for physicians
Acquire voice of the customer, including Field team and physicians for use cases and validate lifecycle decisions
Define, document and own the global Blackwell phase out plan in partnership with the next generation device launch team
Lead the Portfolio Management Review (PMR) operating mechanism as part of the Integrated Business Planning (IBP) process.
Ensure there is a continual feed of inputs and outputs throughout the IBP process, starting with PMR.
Responsible for accurate and timely demand planning for product introduction and phase down/out.
Model out various demand scenarios for new product introductions, in collaboration with the product launch manager.
Partner with regions on pricing modelling for new product introduction.
Establish process to document assumptions.
Responsible for resolution of issues to seamlessly run the business, including supply disruptions.
Monitor health of lifecycle plan execution through S&OE process.
Partner with Operations to establish the tactical phaseout plan to ensure a seamless transition and reduce the potential of scrap and obsolescence.
Lead proactive communication strategy with the regions and global field team on product lifecycle management plans.
Accountable for regional partners product rationalization readiness.
Perform ad hoc analysis as needed to assess the current business environment and make recommendations to drive acceleration and growth.

Benefits

Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Simple Steps (global well-being program)
Incentive plans
401(k) plan plus employer contribution and match
Short-term disability
Paid time off
Paid holidays
Employee Stock Purchase Plan
Employee Assistance Program
Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)