Director of Strategy and Portfolio Management

At Abbott, you can do work that matters, grow, and learn, care for yourself and 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
• Free medical coverage for employees* via the Health Investment Plan (HIP) PPO
• An excellent retirement savings plan with 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 around the world 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 a best place to work for diversity, working mothers, female executives, and scientists

• →Strategic Planning:
  Lead the formulation and execution of the Strategic plan, ensuring alignment with the company’s overarching business objectives and market opportunities.
• →Tactical Strategy Implementation:
  Lead the tactical/execution Plan process across all relevant functions, ensuring that departmental efforts are aligned and contribute to the overall strategic goals.
• →Portfolio Strategy Management:
  Manage the product portfolio’s lifecycle, from strategic planning of new product introductions to the phase-out of end-of-life products, ensuring that all decisions are aligned and contribute to market leadership.
• →Cross-Functional Alignment:
  • →Drive collaboration across functions (Marketing, Sales, and Market Access) to ensure all strategic initiatives are integrated across the organization, including scenario planning, competitive analysis, and risk mitigation.
  • →Leads monthly CMR (Commercial management review) meetings to ensure cross functional alignment regarding portfolio launches and strategic initiatives.
• →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 that these one-off initiatives are aligns to overall business.
• →Commercial Understanding:
  • →Demonstrate an understanding of business drivers and influence them to achieve flawless execution.
  • →Understand customer needs and operations.
  • →Incorporate consumer and customer insights and trends into strategy and tactics.
• →Commercial Leadership: Act as a consultant to Sales, Market access and Marketing Directors on appropriate commercial strategies. Serve 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. Achieve results through effective team leadership rather than individual effort.
  • →Demonstrate a record of successful talent development through direct or indirect reporting relationships. Proactively manage talent and create development opportunities.

• BS or BA required; MBA strongly preferred due to the business complexity and P&L support of the position.
• Sustained experience and proven results in the following areas: appr. 8-10 years of experience and successful track record in marketing, commercial functions, ideally in the health care arena and managing a P&L
• Leading of successful commercial teams, several years of people management experience
• Proven track record of developing successful commercial strategies, tactics, including implementation
• Leading change management processes and ability to build strategic plans / contingency plans in times of uncertainty
• Strong presentation, communication and motivational skills
• Proven ability to develop and execute complex strategic business plans, proven effectiveness in financial and budget management.
• Excellent interpersonal skills to collaborate with a multitude of functions; outstanding communication and presentation skills.
• Ability to motivate, focus, and lead a diverse group of people; demonstrated effectiveness at developing talent throughout organizational levels.
• Strong analytical ability and understanding.

In specific locations, the pay range may vary from the range posted.