Director of Strategic Portfolio Management

2 days ago

Alameda, California, United States Abbott Laboratories company Full time

About Abbott Laboratories

Abbott Laboratories is a leading global healthcare company that provides innovative solutions to improve people's lives. Our diverse portfolio of products and services spans the healthcare spectrum, from diagnostics and medical devices to nutritionals and pharmaceuticals.

Job Summary

We are seeking a highly skilled and experienced Director of Strategic Portfolio Management to join our team in North America. As a key member of our commercial leadership team, you will be responsible for shaping and driving the strategic direction of our product portfolio in the region.

Key Responsibilities

  • Strategic Planning: Develop and execute comprehensive strategic plans to drive business growth and profitability in North America.
  • Tactical Strategy Implementation: Lead the tactical implementation of strategic plans across all relevant functions, ensuring alignment and effective execution.
  • Portfolio Strategy Management: Manage the product portfolio lifecycle, from strategic planning to phase-out, ensuring all decisions are aligned with market leadership.
  • Cross-Functional Alignment: Drive collaboration across functions to ensure integrated strategic initiatives, including scenario planning, competitive analysis, and risk mitigation.
  • Scenario Planning & Strategic Risk Management: Lead scenario planning efforts and identify strategic risks, developing mitigation strategies to ensure portfolio decisions are resilient and forward-looking.
  • Ad-Hoc Strategic Initiatives: Lead and manage unique, high-impact projects that arise outside of regular portfolio planning cycles, ensuring alignment with overall business objectives.
  • Commercial Understanding: Demonstrate a deep understanding of business drivers and influence them to achieve flawless execution, incorporating consumer and customer insights and trends into strategy and tactics.
  • Commercial Leadership: Act as a consultant to Sales, Market Access, and Marketing Directors on commercial strategies, serving as the lead with the Global PMO team on commercial portfolio strategies.
  • Building and Leading Teams: Promote cross-functional understanding between Sales, Marketing, and Market Access teams, achieving results through effective team leadership and talent development.

Requirements

  • University degree in business or scientific-related disciplines; MBA preferred.
  • Approximately 8-10 years of experience in leading commercial functions, including people management.
  • Previous assignments in commercial or sales roles in the healthcare sector.
  • CPG and FMCG marketing experience valued.
  • Strong analytical skills, ability to analyze data from various sources and translate into powerful insights for strategic decisions.
  • Strong financial skills ideal.
  • Cross-functional/divisional project management experience critical.
  • Experience in leading change management processes and building strategic/contingency plans in times of uncertainty.
  • Excellent presentation, communication, and motivational skills.
  • Exceptional interpersonal skills for collaboration across functions.

Reporting to: Senior Commercial Director, North America

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