Job TitleSenior Product Manager

Job Description

In this role, you have the opportunity to

Be the pivotal marketing role in the Business Innovation Unit (BIU) and drives creation of solutions (integrated combination of products and services) from idea to market. The Product Manager is accountable for defining, launching and building profitable product solution platforms that transform healthcare. They work directly with R&D and other marketing functions to ensure the products/solutions are developed to the feature and price specifications that each target market segment demands. The Product Manager owns the product lifecycle from concept phase through development and launch and eventually, end of life. The Product Manager is required to have deep expertise in market segmentation, product strategy, competitive strategy, and product development.

You are responsible for

Develop and maintain a needs-based customer segmentation for their respective solution across global markets (supported by Market Intelligence)Help define product platforms that support growth, product evolution, modular designsCoordinate pricing across product lines to ensure profitable growthDevelop channel strategy for each offering by market (e.g., direct in North America, indirect in emerging markets and online globally)Develop business cases for new products and services for consideration in the portfolio management processDevelop business requirements for new product and enhancements to existing products; work with R&D on functional specifications and feature/function prioritizationDrive overall execution of development and launch of products/solutions in all markets as part of a cross functional business team including BG/BIU Management, Sales, Field Marketing, Operations and FinanceDevelop and maintain five-year strategic vision for product roadmap (for internal stakeholders and customers)

You are a part of

A progressive and energetic team that contributes directly to the growth of the business. You have a direct reporting line to the Director Product Management.

To succeed in this role, you should have the following skills and experience

Bachelor’s degree or above, MBA or other advanced degree preferred>10 yrs. related experience in Product Management or adjacent fields (e.g. Field Marketing, Clinical Science, Marketing Communications, Service marketing) with cross functional expertise in large high-tech, healthcare/ med-tech solutions companyClinical knowledge, Service / solution experience is a plus and highly preferredSkills:Ability to synthesize market and customer feedback and existing and new products into solutions; comfortable with making tradeoffs, decisivelyExpertise delivering complex projects to meet demanding feature, cost, quality and introduction date targetsDemonstrable communication skills and ability to lead an organization to develop market leading products/solutionsHigh-tech product launch experience (clinical experience a nice to have)Proven communication skills and ability to influence colleaguesFluent in hardware and software product development, including quality and reliability techniques

In return, we offer you

A path towards your most rewarding career. Philips is growing its marketing capability enterprise wide. Succeeding in this sales-based role in a complex environment will open many doors for your long term career, in other areas in Philips or otherwise. We also believe that we are at our best as a company when you are at yours as a person. Thus, we offer competitive health benefits, a flexible work schedule and access to local well-being focused activities.

Why should you join Philips?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Learn more by watching this video.