What are the responsibilities and job description for the Assoc. Director, Product Innovation and Strategy position at Abbott?
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.
Job Title
Assoc. Director, Product Innovation and Strategy
Working at Abbott
At Abbott, You Can Do Work That Matters, Grow, And Learn, Care For Yourself And Family, Be Your True Self And Live a Full Life. You’ll Also Have Access To
Abbott Medical Devices, with revenue of $19B in 2024, is a global leader in providing life changing technology for the management and treatment of people living with chronic conditions including Diabetes, Cardiovascular disease, Chronic Pain, and Movement Disorders.
The Digital Solutions organization reports in the Medical Devices group and is responsible for leveraging digitally enabled technology to increase patient access to care and provide our customers with best-in-class experiences that support our collective mission to improve patient outcomes.
We currently have an opportunity available for an Assoc. Director, Product Innovation and Strategy to join our Medical Devices division in our Sylmar, CA location. This is a highly visible role that will interact with senior leadership on a regular basis.
In this role you will be responsible for leading the development and launch of critical product lines within Digital Solutions. You will also be responsible for helping to design and deliver our marketing strategy.
As a product champion, you will be the hub for product and market knowledge, planning/execution, and achievement of business objectives. You will have full responsibility for your products, from identification of global customer and market needs/wants, concept and product development, to product launch and life cycle management.
You will collaborate with cross-functional stakeholders internally, as well as external partners, to build our next generation digital offerings.
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies span the spectrum of healthcare, with leading businesses and products in medical devices, diagnostics, nutrition, and branded generic medicines. Our goal is to improve the lives of more than 3 billion people by decade's end – reaching 1 billion more than we do today, each year. Our 113,000 colleagues serve people in more than 160 countries.
What You Will Work On
Portfolio and Strategy
EDUCATION AND EXPERIENCE YOU’LL BRING
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is $146,700.00 – $293,300.00. In specific locations, the pay range may vary from the range posted.
Job Title
Assoc. Director, Product Innovation and Strategy
Working at Abbott
At Abbott, You Can Do Work That Matters, Grow, And Learn, Care For Yourself And 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 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists.
Abbott Medical Devices, with revenue of $19B in 2024, is a global leader in providing life changing technology for the management and treatment of people living with chronic conditions including Diabetes, Cardiovascular disease, Chronic Pain, and Movement Disorders.
The Digital Solutions organization reports in the Medical Devices group and is responsible for leveraging digitally enabled technology to increase patient access to care and provide our customers with best-in-class experiences that support our collective mission to improve patient outcomes.
We currently have an opportunity available for an Assoc. Director, Product Innovation and Strategy to join our Medical Devices division in our Sylmar, CA location. This is a highly visible role that will interact with senior leadership on a regular basis.
In this role you will be responsible for leading the development and launch of critical product lines within Digital Solutions. You will also be responsible for helping to design and deliver our marketing strategy.
As a product champion, you will be the hub for product and market knowledge, planning/execution, and achievement of business objectives. You will have full responsibility for your products, from identification of global customer and market needs/wants, concept and product development, to product launch and life cycle management.
You will collaborate with cross-functional stakeholders internally, as well as external partners, to build our next generation digital offerings.
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies span the spectrum of healthcare, with leading businesses and products in medical devices, diagnostics, nutrition, and branded generic medicines. Our goal is to improve the lives of more than 3 billion people by decade's end – reaching 1 billion more than we do today, each year. Our 113,000 colleagues serve people in more than 160 countries.
What You Will Work On
Portfolio and Strategy
- Owner of one or more portfolio product line
- Contribute to the development and implementation of strategic plans, including analysis of the competitive environment, product positioning, and market analysis
- Build out business opportunities and business cases for your products
- Monitor customer, competitor, and industry trends to identify innovation opportunities
- Be the Product Champion for key product lines within Digital Solutions portfolio
- Lead customer research and product/service ideation, design, and testing
- Deeply understand key moments in clinician and patient journeys. Translate research and data into personas, journey maps, service-design blueprints, features, and requirements
- Collaborate and brainstorm with cross-business unit and cross-functional teams (including Designers, Engineers, Marketing, Clinical Affairs, Operations, Finance, R&D, Quality, and Regulatory)
- Represent the customer and drive a customer-driven mindset as input to R&D and other functions throughout the product development cycle (e.g., developing customer requirements)
- Build strong relationships with leading KOLs around the globe. Manage physician advisory boards, congress/symposium, and other KOL engagement activities
- Build out product launch plans and lead the execution of launch activities
- Support the commercial organizations in achieving sales plans and forecasts
- Create clear line of communication between Global Marketing and all other areas that affect the product
- Build marketing communications and educational materials - develop resources, programs, and any other collateral material required to support sales and key marketing messages
- Drive market development activities through best practices and development of tools to raise awareness of the benefits of the digital solutions products
- Ensure launch and post-launch success; offer leadership to commercial organizations and on-market teams
- Ongoing monitoring, measurement, and improvement of products through their life cycles
- Mentor and coach others in the team to build a strong and productive culture
- Spearhead process and system improvements to build a best-in-class marketing competence within our team
- Present to senior leadership, customers, and across Abbott
- Help us to build a best-in-class marketing approach – from building our brand strategy to digital marketing
EDUCATION AND EXPERIENCE YOU’LL BRING
- Bachelor’s degree in relevant field (e.g., engineering, marketing, clinical field)
- 12 years of relevant working experience
- Strong customer centric approach with outstanding leadership and organizational skills
- Ability to communicate at all levels of the organization as well as cross-functionally
- Strong verbal, written and presentation skills with ability to build trust
- Results oriented with focused urgency, prioritization skills and ability to recognize/escalate issues appropriately.
- Demonstrated ability to adapt to evolving technologies and industry trends
- Creative problem solver, agile mindset
- Takes initiative, drives innovation and change
- Proven ability to manage to plan and resolve issues. Effectively clarify issues and actions
- Excellent reputation for building relationships across various levels of an organization
- Ability to excel in a fast-paced and changing environment and work with minimal direction
- Strong organizational skills and the ability to prioritize
- Ability to execute with quality
- Medical degree in a clinical field (e.g. MD, PhD, MSN, NP, PA, DO…)
- MBA or other related advanced degree
- Medical Device and / or clinical experience
- 2 years management experience
- Experience working in an FDA-regulated business (e.g. validated software related to medical, pharmaceutical, or life sciences products)
- Solid understanding of the design thinking process, as well as a passion and know-how for influencing design strategy.
- Experience in digital health technology, preferably in the health or medical space
- Experience with data analytics, and AI/Machine learning
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.
The base pay for this position is $146,700.00 – $293,300.00. In specific locations, the pay range may vary from the range posted.
Salary : $146,700 - $293,300