Product Manager

Abbott Laboratories•Lake Forest, IL

44d

About The Position

Product Manager Working at Abbott At Abbott, You Can Do Work That Matters, Grow, And Learn, Care For Yourself And Your 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. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity As the Product Manager in our Lake Forest, IL or Kansas City, MO location, you will lead the strategic development and launch preparation of products and services within the Workplace Services business in Abbott Rapid and Molecular Diagnostics Toxicology Division . You will oversee product/service design and development and go-to-market readiness to ensure each new product or service is positioned for success. By analyzing market trends, customer behavior, regulatory requirements, and competitive activity, you will identify opportunities to inform the innovation roadmap and to guide product development to address evolving customer needs. In this role, you will collaborate with cross-functional teams including R D, Operations, IT, PMO, Quality, Regulatory, Channel Marketing, and Sales to prepare products for market launch. You will lead product development planning efforts, monitor sales performance, and adapt strategies to optimize results. Your ability to evaluate product performance and customer feedback in order to drive insights into action will drive continuous improvement and innovation.

Requirements

Bachelors degree
Minimum of 6 - 8 years of experience in product management and/or product development
Proven track record of leading end-to-end product development, launch, and iteration
Experience managing products through the full lifecycle, from concept to launch and beyond, while anticipating future needs and challenges.
Strong business acumen and analytical skills, with a deep understanding of customer needs and the ability to represent the customer in design and development discussions.
Understanding of software and/or technology as a service.
Excellent written and verbal communication skills, with the ability to influence and collaborate across teams and levels.
Ability to work in multiple initiatives with short and overlapping deadlines.
Strong interpersonal skills and ability to work with a diverse team.
Self-motivated and self-starter, with initiative to deliver results.
Role expected to work in a highly regulated and quality system environment.

Nice To Haves

Work experience in Occupational Health Services is a plus but not required.
Experience in B2B marketing.
Experience developing service-oriented products in the healthcare industry.
Strong understanding of software and technology, including the user experience (UI/UX).
Prior experience translating technology service solutions into revenue generating products.
MBA or Masters degree a plus.
Experience managing a budget.

Responsibilities

Oversee product development and design, conduct market research as needed, define price strategies, launch new products, and monitor sales performance to effectively market new products/services.
Evaluate market trends, customer behavior and competitor activity to identify product/service opportunities for the innovation plan.
Lead the cross functional timeline management for product development and product launch readiness.
Prepare products for commercialization by working with cross-functional teams (e.g., Operations, IT, R D, PMO, Quality, Regulatory, Channel Marketing, Commercial).
Adapt plans to improve the sales performance of product/services: Monitor sales volume, revenues and costs against forecasts to inform opportunities for optimization.
Lead launch planning and commercialization of products, ensuring alignment across cross-functional team and full product readiness for optimal launch success.
Collaborate with internal technical resources to synthesize requirements for the development or enhancement of products and services and their supporting technology / software enhancement.

Benefits

Career development with an international company where you can grow the career you dream of.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with a 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 worldwide 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 the best place to work for diversity, working mothers, female executives, and scientists.

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