Senior Director, Franchise Portfolio Management

Medtronic•Jacksonville, FL

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. A Day in the Life The ENT OU is committed to excellence in portfolio strategy, innovation and commercialization to pursue our vision and long-term business growth. The ENT OU R&D organization is refining its product delivery, innovation, and commercialization approach to enable product leadership across all segments of our product portfolio. This will require enhancing our innovation processes, refining our design and delivery approaches to deliver an integrated and comprehensive portfolio that enables product development excellence across ENT. We believe that when people from different cultures, genders, and points of view come together, innovation is the result — and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive. This role is based out of Jacksonville, FL A Day in the Life The Sr Director, Franchise Portfolio Management is accountable to lead franchise program execution and deliver an integrated, comprehensive innovation program management capability across the portfolio.  As the leader of both the Project Management Office (PMO) and Franchise Core Team leaders, the individual will be accountable for delivery of portfolio strategy and execution of a portfolio that contributes roughly ~$1B in revenue for the ENT OU. This leader will bring focus to delivery of business outcomes that are aligned with the ENT business strategy. Product portfolio includes the following franchises: Head & Neck, Navigation and Powered Surgical. This leader is accountable for all aspects of the NDP portfolio, including activating portfolio strategy, leading and influencing stakeholders and direct reports, including core team leads so that they operate as an effective cross-functional team. The Franchise Portfolio Management Sr Director will provide oversight in program prioritization, scoping program milestones, and holding teams accountable to execution for the predictable delivery of reliable solutions for commercial release while creating a culture of empowerment in the ENT OU. Responsibilities may include the following and other duties may be assigned.

Requirements

Must Have: Minimum Requirements Bachelors degree
Minimum of 15 years of experience leading cross department project teams with 10+ years of advanced management and leadership knowledge, or Advanced Degree with a minimum 13 years experience , minimum of 10 years of managerial experience
Requires advanced management and leadership knowledge to lead cross-department project teams or manage across multiple functions.
Typically has mastery within a specific technical or broad expertise across multiple related disciplines.
Has proven experience of marketing and/or commercial best practices.
Knowledge of portfolio management and good understanding of portfolio strategic decisions
Demonstrated executive leadership presence.
Executive level presentations with business cases and financial models that demonstrate investment value in critical areas of opportunity.
Proven oral and written communication skills.
Effective communication skill with ability to explain complex concepts simply to senior leadership.
Proven analytical and critical thinking skills.
Financial acumen

Nice To Haves

Medical Device industry experience- knowledge of new product development, DRM, clinical trial management, quality systems , global regulatory experience.
Experience developing solutions for clinicians.
Advanced degree such as MS, MBA, with strong financial acumen
Knowledge of patient safety, quality, clinical research , strategic planning.
Strong “influence management” skill set demonstrated in a corporate environment
Demonstrated success in effectively managing teams, executing on projects, and communicating expectations.
Demonstrated ability to lead collaboratively in a diverse, global, matrixed organization.
Knowledgeable of U.S. Food and Drug Law and WW regulatory, device safety and/or regulatory/clinical research
Candidate must be highly motivated, goal driven, customer-focused, have a high energy level, and strong work ethic.
Must be able to think strategically without losing sight of the details and act tactically to achieve desired results.
Typically has mastery within a specific technical or broad expertise across multiple related disciplines.
Has proven experience of marketing and/or commercial best practices.
Knowledge of portfolio management and good understanding of portfolio strategic decisions
Demonstrated executive leadership presence.
Executive level presentations with business cases and financial models that demonstrate investment value in critical areas of opportunity.
Proven oral and written communication skills.
Effective communication skill with ability to explain complex concepts simply to senior leadership.
Proven analytical and critical thinking skills.
Financial acumen

Responsibilities

Direct Management of the franchise core team leads ( Head & Neck, Navigation and Powered Surgical ) t o oversee the operational aspects of ongoing projects and serves as liaison between ENT OU leadership and the core team leads, project management and planning, project team, and line management.
Manages the company’s Project Management Office (PMO) charged with managing project resources and scheduling to ensure core team leader goals, and therefore NPI launch goals, are met or exceeded.
Acts as a strategic partner for sales & marketing leadership, R&D technology & product development leadership, and cross functional leadership teams W orks very closely with RPE PMO to meet the timeline, revenue and margin expectations of the operational roadmap where shared resources are .
Owns portfolio-program -project roadmap.
Sets department budget over strategic planning ( strat plan) period and annual operating plan (AOP).
Oversees status of projects and budgets to ensure delivery of projects on time and within budget.
Assesses project issues and develops resolutions to meet productivity, quality, and project goals and objectives .
Develops mechanisms for monitoring project progress and for intervention and problem solving with core team leads and project manager s.
Partners with marketing, strategy and insights teams to ensure consistent alignment between portfolio strategy and project activation.
Communicates effectively with stakeholders and o btains stakeholder engagement to ensure the end products or processes will solve the business problems.
PEOPLE MANAGEMENT FUNCTIONAL CAREER STREAM: Management and supervisory professionals with one or more employees who are focused on tactical, operational and some strategic activities within a specified area. Levels within the management career stream typically have six or more direct reports. The majority of time is spent overseeing their area of responsibility, managing performance, developing talent, engagement and inclusion, communicating business and operational developments, planning, prioritizing and / or directing the responsibilities of direct reports. Goal achievement is typically accomplished through performance of direct and / or indirect reports. A key responsibility of roles in this career stream is managing people. which includes: accountability for mentoring, developing and coaching staff on meeting/exceeding performance expectations and defined objectives, providing leadership to staff ensuring the prioritization of Job Description Information transmitted in this report is proprietary to Medtronic and is intended for use only by the individual or entity to which it is addressed, and may contain information that is private, privileged, confidential or exempt fr om strategic and department level initiatives to include defining performance goals and targets, conducting performance reviews, and staff 1:1s to guide performance management and employee development efforts and manage toward departmental goals.

Benefits

We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
This position is eligible for a short-term incentive plan.
Medtronic Incentive Plan (MIP)
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)