Product Manager

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries. JOB DESCRIPTION: Product Manager 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. Youll 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 bachelors 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 location, you will lead the strategic development and launch preparation of products and services within the Workplace Services business in Abbott Rapid and Molecular Diagnostics Toxicology 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 Youll Work On Oversee product development and design, conduct market research as needed, define price strategies, launch new products, and monitor sales performance to effectively market new products/services. Evaluate market trends, customer behavior and competitor activity to identify product/service opportunities for the innovation plan. 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 sales volume, 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 enhancement. Required Qualifications Bachelors degree Minimum two years Commercial experience, minimum five-year total business experience. Preferred Qualifications MBA or Masters degree a plus. Work experience in Occupational Health Services is a plus but not required. Experience in B2B marketing. 6 8 years of experience in product management and/or product development preferred 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. 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 results. Experience developing service-oriented products in the healthcare industry. Strong understanding of software and technology, including the user experience (UI/UX). Prior experience translating technology service solutions into revenue generating products. Experience managing a budget. Apply Now 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 $198,700.00 In 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: Not Applicable 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 Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of lifes greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter