Product Manager
Confirmed live in the last 24 hours
Abbott
Compensation
$99,300 - $198,700/year
Job Description
JOB DESCRIPTION:
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
- Career development with an international company where you can grow the career you dream of.
- Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
- An excellent retirement savings plan with a high employer contribution.
- Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
- A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
- A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
As the Product Manager in our Lake Forest, IL you will lead the strategic development and launch preparation of products and services within the Workplace Services business in Abbott Rapid & Molecular Diagnostics division. You will oversee product/service design and development and go-to-market readiness to ensure each new product or service is positioned for success. By analyzing market trends, customer behavior, regulatory requirements, and competitive activity, you will identify opportunities to inform the innovation roadmap and to guide product development to address evolving customer needs.
In this role, you will collaborate with cross-functional teams including R&D, Operations, IT, PMO, Quality, Regulatory, Channel Marketing, and Sales to prepare products for market launch. You will lead product development planning efforts, monitor sales performance, and adapt strategies to optimize results. Your ability to evaluate product performance and customer feedback in order to drive insights into action will drive continuous improvement and innovation.
What You’ll Work On
- Ownership of Initiatives within the Product Roadmap. Take full responsibility for owning and communicating innovation initiatives within the product roadmap, ensuring alignment with the company’s strategic goals and continuous advancement of the product.
- Define and Prioritize Product Requirements. Work closely with key stakeholders to prioritize feature requirements based on user needs and business goals, translating those requirements into actionable deliverables for IT and Operations teams.
- Oversee product development and design, conduct market research as needed, define GTM strategies, launch new products, and monitor performance to effectively market new products/services.
- Expand Use of Analytics for Deeper Insights. Further develop the team’s use of analytics tools, deepening the understanding of product performance, real-world outcomes, and how to optimize the product for better user experiences.
- Lead the cross functional timeline management for product development and product launch readiness.
- Prepare products for commercialization by working with cross-functional teams (e.g., Operations, IT, R&D, PMO, Quality, Regulatory, Channel Marketing, Commercial)
- Adapt plans to improve the sales performance of product/services: Monitor customer experience, revenues and costs against forecasts to inform opportunities for optimization.
- Lead launch planning and commercialization of products, ensuring alignment across cross-functional team and full product readiness for optimal launch success.
- Collaborate with internal technical resources to synthesize requirements for the development or enhancement of products and services and their supporting technology / software enhancements
Required Qualifications
- Bachelors degree required or equivalent combination of education and work experience
- Minimum of 5 years of experience in product management
Preferred Qualifications
- Experience in B2B marketing
- Experience developing service-oriented products in the healthcare industry
- Bachelor’s degree strongly preferred, MBA or Masters degree a plus
- Role expected to work in a highly regulated and quality system environment
- Proven track record of leading end-to-end product development, launch, and iteration
- Experience managing products through the full lifecycle, from concept to launch and beyond, while anticipating future needs and challenges.
- Strong business acumen and analytical skills, with a deep understanding of customer needs and the ability to represent the customer in design and development discussions
- Strong understanding of software and technology, including user experience (UI/UX)
- Deep understanding of software and/or technology as a service
- Experience translating technology service solutions into revenue generating products
- Excellent written and verbal communication skills, with the ability to influence and collaborate across teams and levels
- Ability to work in multiple initiatives with short and overlapping deadlines
- Strong interpersonal skills and ability to work with a diverse team
- Self-motivated and self-starter, with initiative to deliver result
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://abbottbenefits.com/
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, and on Facebook at https://www.facebook.com/AbbottCareers.
The base pay for this position is
$99,300.00 – $198,700.00In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Product Management
DIVISION:
TOX ARDx Toxicology
LOCATION:
United States > Lake Forest : J55
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 10 % of the Time
MEDICAL SURVEILLANCE:
No
SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.
EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf
EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf
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