Global Product Manager in Princeton, NJ, United States


Global Product Manager

Abbott Laboratories

  • Full_time
  • Industry : Medical Devices
  • image Princeton, NJ, United States
  • Zip Code : N/A
  • image November 17th 2017


Job description

At Abbott, we're committed to helping you live your best possible life through the power of health. For more than 125 years, we've brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 94,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve. Please note that candidates need to be eligible to work in the U.S. without Abbott sponsorship.


Abbott Point of Care is a global leader in providing with-patient diagnostic testing solutions that are fast, portable, accurate and affordable. We are a division of Abbott, a global, diversified healthcare innovator with a legacy of pioneering work in medical diagnostics.
Our i-STAT System is an advanced, handheld system that allows medical staff to perform diagnostic testing without having to leave the patient's side. The system provides real-time, lab-quality results using only a few drops of blood and delivers accurate results in minutes rather than hours. The i-STAT System family of products and services fosters a collaborative, patient-centered environment while driving improved operational performance. Our products can play a valuable role in accelerating the patient-care decision-making process throughout the continuum of care. More than 80,000 i-STAT handhelds are used worldwide by healthcare professionals in a variety of settings.
By choosing to transform the healthcare industry and how we do business, we will continue to provide healthcare professionals with the resources they need to deliver high-quality, efficient and affordable care to the patients they serve.
Position Summary
The product manager supports the development and management of a successful, sustainable franchise, ensuring delivery of exceptional customer value and business targets. Acts as a subject matter expert on our products/solutions, and manages the product area day-to-day, in line with the global marketing plan and in collaboration with area teams. Proactively identifies new opportunities to grow and differentiate the franchise and collaborates across the organization to effectively develop and launch new product strategies and solutions on-time and on-budget.
Main Responsibilities
Proactively manages all aspects of the product line, evolving to stay ahead of the market and keep relevant to the global and local markets.
Strategic responsibilities include:
Development of business cases to support product development or enhancement
Input into annual marketing plan based on business objectives, franchise strategy and commercial area needs.
Ability to sell ideas internally, align multiple stakeholders to a common goal and drive projects forward to deliver business objectives.
Develop & execute robust growth plans across multiple functional areas and geographies. Closely documents and reports on product lifecycle plan, anticipates and mitigates and risk to timing, scope or budget.
Tactical responsibilities (day-to-day) include:
Execution of marketing mix as defined in marketing plan
Act as technical expert/SME for product to business and all key stakeholders
Full responsibility for lifecycle management
Communication of product related communications/issues
Proactive identification and resolution of potential product or market issues
Engage and influence commercial area teams, R&D, regulatory etc. to set and meet launch timings, budgets and business strategy & objectives.
Supports the commercial area teams to deliver on the franchise business goals.
The position requires the ability to understand the technology and capabilities of Abbott products, market and customer dynamics – including competitive assessment. The candidate must be highly organized, self-directed and goal-oriented with the ability to manage many tasks/projects and adapt in a rapidly changing environment
Achievement of franchise revenue, and margin objectives, market share and brand over the long term
Achievement of successful launches on-time and on-budget, achieving agreed KPIs.
Achievement of annual goals and sustaining tasks
Education: Bachelor’s degree required in business, medical technology, life sciences, engineering or related technical discipline. MBA highly preferred.
Experience: Total business experience of 5 years with 2 years of commercial experience (sales/marketing).In Vitro Diagnostics (IVD) experience preferred. Marketing product launch experience.
Product Management
APOC Point of Care
United States > Princeton : 400 College Road East
Yes, 25 % of the Time
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)
Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English:
EEO is the Law link - Espanol:


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