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Senior Product Manager, Competitive Strategy
4 months ago
Additional Location(s): N/A
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit- High Performance
At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing - whatever your ambitions.
About the role:
The Sr. Product Manager, Competitive Strategy, will have a pivotal role within our product management team for Intracept, specifically tasked with monitoring and analyzing competitors in the back pain space, and developing competitive strategies. This role requires a strategic thinker with a keen eye for detail and a deep understanding of the competitive landscape. You will be responsible for gathering, analyzing, and synthesizing competitive intelligence to inform strategic decisions, ensuring our products stay ahead of the curve and meet market demands effectively.
Location and Travel:Edina, MN - Hybrid - In office Mon.-Wed., remote Thurs. and Fri. 20% travel (flying).
Your responsibilities include:
- Competitive Intelligence: Develop and maintain a comprehensive competitive intelligence framework to monitor competitors' strategies, products, market activities, and performance in the back pain solutions space.
- Strategic Analysis: Conduct deep-dive analyses on competitors' strengths, weaknesses, opportunities, and threats (SWOT) to inform our product development and commercial strategies.
- Cross-functional Collaboration: Work closely with R&D, marketing, sales, clinical and regulatory teams to communicate competitive insights and make recommendations that will influence product strategy and positioning. Work cross-functionally to ensure competitive strategies are executed in the market.
- Market Trends: Stay abreast of industry trends, regulatory changes, and technological advancements that could impact the competitive landscape, providing timely updates to relevant stakeholders.
- Actionable Insights: Translate complex data and analysis into actionable insights, enabling proactive strategies to blunt competitors' moves and capitalize on market opportunities.
- Reporting: Develop regular reports and presentations on competitive landscape, providing strategic recommendations to senior management to support informed decision-making.
- Marketing Collateral Development: Lead the creation of innovative and persuasive marketing collateral, including brochures, sales sheets, presentations, and digital content, that effectively communicates our product's unique value propositions and competitive advantages.
- Stakeholder Engagement: Serve as the go-to expert on competitive intelligence within the organization, facilitating knowledge sharing and strategic discussions among stakeholders. Engage with customers and KOLs to gain insights to drive competitive strategies.
Required Qualifications:
- Bachelor's degree in Business, Marketing, Biomedical Engineering, or a related field. MBA or advanced degree in a related discipline preferred.
- 5+ years of experience in competitive intelligence, market research, or strategic analysis within the medical device industry, ideally focused on back pain solutions.
- Proven track record of successfully identifying competitive threats and opportunities, with the ability to influence product strategy and outcomes.
- Strong analytical and critical thinking skills, with experience in handling complex datasets and generating actionable insights.
- Exceptional communication skills, both written and verbal, with the ability to present complex information clearly and persuasively to a variety of audiences.
- Familiarity with regulatory standards and compliance requirements in the medical device industry.
- Ability to work independently in a fast-paced environment, managing multiple projects simultaneously with a high degree of accuracy and attention to detail.
- Proven ability to work cross-functionally to drive alignment and focus.
Requisition ID:581908
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most - united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do - as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you
At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.
Boston Scientific maintains a prohibited substance freeworkplace. Pursuant to Va. Code * , Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.
Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.
Boston Scientific is an Equal Opportunity Employer – Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Disability, Veteran
