Senior Product Manager
4 weeks ago
Baxter is seeking a highly skilled Senior Product Manager to lead the development of digital innovation solutions. As a key member of our Digital Platforms & Innovation team, you will be responsible for driving the product management process for our digital innovation portfolio.
This is a full-time, hybrid position that requires a strong understanding of healthcare software and medical devices. You will collaborate with cross-functional teams, including upstream product managers, regional marketing and sales teams, R&D, and service, to develop and launch new products and solutions.
Key Responsibilities- Lead ideation, roadmap development, and execution of independent commercialized solutions, key components within commercialized solutions, and internal apps to improve businesses or operations.
- Collaborate with Digital Platforms & Innovation and Baxter divisions for monitoring, measuring, and identifying opportunities for enabling early innovation and new product development.
- Provide leadership and expertise in driving Baxter's connected care strategy, including identifying partnership and acquisition opportunities to accelerate launches and improved organizational capabilities.
- Develop innovation program governance and operating mechanisms.
- Conduct research and analysis of business information to develop understanding of industry and competitive environment.
- Identify and pursue sources of incremental growth for existing portfolio.
- Develop business plan and financial analysis for portfolio opportunities.
- Provide oversight to management of product costs, has input to global pricing of applicable portfolio, and margin maintenance.
- Lead requirements definition and R&D project execution.
- Manage product positioning/messaging for product families, supporting messaging / positioning for new products being developed.
- Drive product lifecycle process for portfolio of products.
- Collaborate with regional marketing and medical affairs on identification and development of evidence-based proof points.
- Bachelor's degree in Business, Marketing, Engineering or Science; MBA preferred.
- 6+ years experience in healthcare software, medical devices or equivalent with multifaceted leadership in strategic product marketing.
- Strong project management capabilities enabling strategic execution; PMP certification is an asset.
- Deep and broad marketing capability expertise, including New Product Development (NPD), customer insight, marketing strategy, and innovation.
- Ability to manage relationships with global key opinion leaders to shape market understanding and build advocacy.
- Experience effectively leveraging and applying available analytical tools.
- Experience with financial modeling to support NPD decision-making.
- Experience developing product requirements for new technologies.
- Experience in Go-to-market effort on NPD team.
- Entrepreneurial spirit, result-oriented, and growth mindset.
- Proven track record to influence others, including those globally dispersed, in other functions, and in more senior positions.
- Strong communicator with executive stakeholder management expertise.
- Business development or strategic marketing experience would be an asset.
- Strong technical and analytical skills.
- Strong presentation skills.
- Skilled in collaborating with cross-functional teams within a matrixed organization.
- Willingness to travel 25%.
Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.
We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $128,000 to $176,000 annually.
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