Job Information
Medtronic Sr Director, Downstream Marketing - Advanced Surgical Technologies in Plymouth, Minnesota
We anticipate the application window for this opening will close on - 6 Dec 2024
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
Reporting to the Vice President of Global Marketing, this commercial leader plays a vital role in leading, managing, and delivering on $4B dollars of global annual revenue. Building a high-performance team, this leader will focus on accelerating the adoption of our key technologies, delivering incredible product launches to the market in a manner that supports the success of regional teams in their pursuit to win market share. Driving strong commercial marketing fundamental principles globally, this individual will help lead the organization to achieve +3.5% growth sustainably, while demonstrably gaining share in key global markets while garnering the full value of disciplined portfolio management.
Responsibilities may include the following and other duties may be assigned.
Global Commercial Leadership: Build and execute commercial marketing plans to exceed the Annual Operating Plan and financial business objectives for the strategic planning period. Evolve our branding strategy, product positioning and messaging. Develop global platform promotional strategies, launch materials, sales support tools, and educational aids etc. that allow regions to grow market-share and ensure channel excellence.
Regional Engagement: Provide strategic market, pricing, and product positioning guidance to regional partners to drive healthy financial performance and increased forecasting accuracy. Drive partnership and alignment on local campaigns that advance critical technology and procedural adoption.
Portfolio Management and Health: Collaborate with regional markets on obtaining forecasts for strategic planning and new product launches, establishing and implementing product rationalization strategies, and engaging in BDL activities. Evaluate market trends, financial analysis, and changing customer habits to lead downstream execution of margin expansion initiatives through pricing programs, purchasing programs, product rationalization, kitting, and other promotional approaches.
Represent Customer Voice: Qualitatively capture and communicate customer habits to provide required marketing inputs to the fit / form / function of our current and future products. Provide feedback and insight on the commercial sell-ability of innovation ideas in the NPD process as well as the regional voice for programs that pursue reducing standard cost, labeling & packaging changes, IFU indications, etc. Attend QATF and VATF activities with Plant Manufacturing as the voice of customer. Work with regional commercial partners to ensure we have the optimal amount of inventory for customer satisfaction and business financial success.
Team Development : Will be responsible for investing in and developing the key marketing talent that will grow into our marketing leaders of tomorrow. This leader will encourage the pursuit of IDP’s, monitoring progress and providing feedback; while also working side by side in the functional and technical skill development of their employees. They will embrace creativity, diversity of every manner, and provide the opportunity for smart risk taking.
Qualifications
Minimum Requirements
Bachelor's degree required.
At least 15 years' prior relevant experience within organizations of similar size/scope. Current Director or equivalent experience level.
At least 10 years' experience in a managerial role.
Track record of driving results in a downstream marketing capacity with demonstrated achievement of business goals.
Demonstrated ability to lead and work effectively within a highly matrixed, global organization.
Highly effective verbal communication skills.
Demonstrated ability to effectively coach and lead others.
Must reside within geographic area (Minneapolis, Boston or Lafayette CO) or be willing to relocate.
Must be willing to travel globally up to 35% of the time.
Preferred Qualifications
MBA or advanced degree preferred.
5+ years' Director / Senior Director experience.
Demonstrated ability to learn technical information and apply technical concepts.
High level of financial acumen, forecasting and budget management.
Demonstrated experience in strategic planning.
Strong understanding of surgical procedures and product performance.
Strong analytical skills to analyze and complete financial/profitability analysis, project sales forecasts, and quantitative market segmentation models.
Excellent IT skills, including proficient knowledge of Microsoft Suite.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Salary ranges for U.S (excl. PR) locations (USD):$220,800.00 - $331,200.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).This position is eligible for an annual long-term incentive plan.
The base salary range is applicable across the United States, excluding Puerto Rico. Base pay is based on numerous factors and may vary by job-related knowledge, skills, experience, etc. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here (http://www.medtronic.com) .
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
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We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
Build a better future, amplifying your impact on the causes that matter to you and the world
Grow a career reflective of your passion and abilities
Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
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