Product Management Excellence Leader

Philips • Cambridge, MA

18h • $186,000 - $298,000 • Onsite

About The Position

As Leader for Product Management Excellence with Philips Sleep & Respiratory Care (SRC) team, you will shape and embed a scalable, high-performance product management operating model while partnering closely with the Business Category Leader to transform how SRC plans, activates, manages, and measures product performance across the full lifecycle. This highly visible role sits at the intersection of strategy, portfolio governance, commercial execution, and capability development. Your role: You will drive a step-change in how we move: From innovation planning to commercial activation excellence From product launches to measurable market performance From reactive lifecycle decisions to proactive portfolio value management From product ownership to market outcome ownership -This role is critical to accelerating growth, improving profitability, and strengthening our competitive position in fast-moving global markets. NPI Activation & Performance Management: Establish and standardize the SRC approach for NPI (New Product Introduction) activation to ensure launches translate into measurable commercial impact. Define and implement post-launch performance tracking frameworks (e.g., adoption, revenue ramp, market share, geographic penetration). Introduce clear success criteria and accountability models extending beyond launch approval. Partner with Sales, Marketing, Regions, and Operations to close gaps between launch readiness and in-market execution and embed an 18-month forward launch activation discipline tied to claims hierarchy and audience segmentation. Product Lifecycle Management (PLM) Excellence: Build transparency and governance across the full product lifecycle: introduction, growth, maturity, decline, EOL/EOS. Strengthen rigor in phase-in/phase-out planning to minimize revenue disruption, supply risk, and customer dissatisfaction. Improve portfolio simplification and discontinuation decision-making using data-driven insights. Align lifecycle decisions with SRC strategic priorities and P&L objectives. Embed proactive portfolio reviews focused on value creation and capital allocation. Product Manager Capability & Operating Model: Define and implement a clear product management competency framework for SRC. Design and deploy targeted training programs focused on: Business case rigor and analytics, Voice of Customer (VOC) insights and roadmap translation, Lifecycle value (LV) and risk management, Strategic pricing and portfolio mix optimization. Coach product managers to operate as business owners with full P&L mindset. Establish scalable tools, templates, governance forums, and best practices. Product-to-Market Outcomes Mindset: Lead the transition from product-based ownership to market-segment outcome ownership. Redefine success metrics around measurable outcomes such as: Market share gain (e.g., OSA segment), segment growth and portfolio mix improvement, Attach rates and accessories penetration, Margin expansion and revenue quality, Embed outcome-based KPIs into performance reviews and governance. Drive cross-functional alignment between Product, Marketing, Sales, Regions, Finance, and Operations

Requirements

• 10+ years of experience in product management, portfolio strategy, commercial excellence, or related leadership roles.
• Proven track record of: driving NPI activation and post-launch performance improvement; product lifecycle management and portfolio governance; defining and implementing operating models across complex, matrixed organizations.
• financial acumen and P&L mindset
• embedding performance KPIs and outcome-based accountability
• ability to influence senior stakeholders without direct authority
• leading capability-building initiatives or training programs
• analytical, strategic thinking, and communication skills.
• Bachelor’s degree required; MBA or advanced degree preferred in Business Administration, Marketing, Engineering, Product Management or equivalent/related field.
• US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
• For this position, you must reside in or within commuting distance to Cambridge, MA.

Nice To Haves

• experience in medical devices, healthcare technology, or regulated industries
• exposure to global markets and regional commercial models

Responsibilities

• Establish and standardize the SRC approach for NPI (New Product Introduction) activation to ensure launches translate into measurable commercial impact.
• Define and implement post-launch performance tracking frameworks (e.g., adoption, revenue ramp, market share, geographic penetration).
• Introduce clear success criteria and accountability models extending beyond launch approval.
• Partner with Sales, Marketing, Regions, and Operations to close gaps between launch readiness and in-market execution and embed an 18-month forward launch activation discipline tied to claims hierarchy and audience segmentation.
• Build transparency and governance across the full product lifecycle: introduction, growth, maturity, decline, EOL/EOS.
• Strengthen rigor in phase-in/phase-out planning to minimize revenue disruption, supply risk, and customer dissatisfaction.
• Improve portfolio simplification and discontinuation decision-making using data-driven insights.
• Align lifecycle decisions with SRC strategic priorities and P&L objectives.
• Embed proactive portfolio reviews focused on value creation and capital allocation.
• Define and implement a clear product management competency framework for SRC.
• Design and deploy targeted training programs focused on: Business case rigor and analytics, Voice of Customer (VOC) insights and roadmap translation, Lifecycle value (LV) and risk management, Strategic pricing and portfolio mix optimization.
• Coach product managers to operate as business owners with full P&L mindset.
• Establish scalable tools, templates, governance forums, and best practices.
• Lead the transition from product-based ownership to market-segment outcome ownership.
• Redefine success metrics around measurable outcomes such as: Market share gain (e.g., OSA segment), segment growth and portfolio mix improvement, Attach rates and accessories penetration, Margin expansion and revenue quality,
• Embed outcome-based KPIs into performance reviews and governance.
• Drive cross-functional alignment between Product, Marketing, Sales, Regions, Finance, and Operations

Benefits

• Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level