Principal Portfolio Manager - Digital

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  • San Jose, CA, 94088, US
  • United States of America-Texas-Flower Mound
Job details
Work flexiblity: Hybrid Req ID: R517584 Employee type: Full Time Job category: Sales and Marketing Travel: 50% Relocation: Yes

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Why join Stryker?

Looking for a place that values your unique talents? Discover Stryker's award-winning culture.

We are proud to offer you our total rewards package which includes bonuses, healthcare, insurance benefits, retirement programs, wellness programs, as well as service and performance awards – not to mention various social and recreational activities, all of which are location specific.

Job description

As a Principal Portfolio Manager - Digital on Stryker's Endoscopy team, you will help develop and direct marketing programs for the Digital Integration product category. This is an Upstream Marketing focused role.

Who we want

  • Hard-working winners. Confident, competitive and results-oriented professionals who create a track record of success.
  • Dedicated achievers. People who thrive in a fast-paced environment and will stop at nothing to ensure a project is complete and meets regulations and expectations.
  • Effective communicators. People who can interpret information clearly and accurately to concisely communicate results and recommendations to stakeholders.
  • Collaborative partners. People who build and leverage cross-functional relationships to bring together ideas, information, use cases, and industry analyses to develop best practices.

What you will do

  • Advise on the organization's major competitors
  • Anticipate and understands the different types of competition that will be faced in the future
  • Monitor market activity, penetration and competitive wins or losses
  • Identify new customer groups and tailor marketing strategies to meet both current and prospective customer needs
  • Build relationships with key opinion leaders and establish relationships with new thought leaders
  • Analyze unmet needs to identify product and service opportunities. Able to summarize qualitative and quantitative studies, drawing actionable conclusions for the business.
  • Identify market trends and proactively adjust strategy based on healthcare environment
  • Lead the new product development process (NPDP) from start to finish, engaging key internal stakeholders along the way
  • Collaborate cross-departmentally to participate in the NPDP process
  • Lead the execution strategy for the defined portfolio
  • Communicate long-term portfolio strategy to key stakeholders to gain organizational alignment    
  • Lead product life cycle management of the portfolio from launch to obsolescence
  • Partner with R&D to anticipate future needs and the strategic assets needed to compete
  • Partner with Clinical Affairs to generate clinical trials, research grants, and cost-benefit analysis papers to support clinical claims strategy
  • Align customer acquisition or retention strategies to the broader portfolio strategy
  • Align the portfolio segment strategy to broader business strategy             
  • Create and recommend a category definition based on the strategic phase of the business
  • Understand how to target customers based off of total market potential and opportunity                                                                                                                                  
  • Continually monitor market trends and make recommendations on market opportunity and strategic focus
  • Effectively use appropriate benchmarks and document key assumptions when developing forecasts
  • Develop and incorporate the product lifecycle management (PLCM) plan into the initial strategy
  • Manage price competition and assures alignment with overall business unit pricing goals
  • Monitor effectiveness of all marketing channels and promotional campaigns

What you need

  • Bachelor’s degree required
  • MBA preferred
  • 8+ years of work experience required
  • 5+ years medical device or marketing/sales experience preferred

*Preference is Hybrid out of San Jose, CA or Flower Mound, TX*

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role. Apply Now