Head of product management and strategy - lab product
In the Head of Product Management and Strategy LPS role, you will be responsible for leading the divisional strategy for all BAs encompassing product innovation and road mapping, strategic lifecycle management as well as driving strategic collaborations, alliances and identifying potential acquisition targets. The position holder will have responsibility for a multiple discipline portfolio of instruments, software, reagents, and consumables. This position is responsible for LPS Division revenue target achievement and requires strong cross-functional leadership and alignment.
What You Will Accomplish Together With Us- Define and implement the LPS strategy, in close partnership with Sales and Product Development, for all Business Areas by ensuring there are product innovation roadmaps in place and on target.
- Ensure, in close collaboration with Product Development and Sales, a pipeline of next generation products and breakthrough innovations which are aligned with customer needs.
- Synthesize voice of the customer insights and market insights to drive decision making to scope and prioritize business cases for new and enhanced products based on business and customer impact.
- Identify and foster positive relationships with external alliances, partnerships and possible target companies for acquisition in close collaboration with relevant stakeholders.
- Act as an LPS advocate and thought leader for industry and customers addressing regulators, opinion leaders and key customers.
- Liaise closely with BPS counterparts to identify and implement cross-divisional initiatives and utilize synergies across all BAs.
- Lead a team of Product Management Business Area Heads to ensure their respective portfolios are achieving key performance indicators (KPIs) for innovation, financial health, marketing, sales and manufacturing.
- Lead, develop, mentor, and inspire a high-performing cross functional team, fostering a culture of creativity and collaboration.
- Ensure a robust stage-gate process for all new innovations to ensure timely achievement of all milestones.
- Work across departments to ensure best in class product management effectiveness in strategic, technical, and tactical management of new and existing products.
- Ensure Product Management Business Area Heads are working closely with internal and external stakeholders including key customers, corporate functions, product development, operations leaders to understand emerging trends and technologies, understand market needs and build business cases for new initiatives to achieve growth targets.
- Synthesize voice of the customer insights and market insights to drive decision making to scope and prioritize business cases for new and enhanced products based on business and customer impact.
- Define in-year business priorities to guide development and execution of tactical marketing plans with Marketing function.
- Ensure appropriate global pricing strategy for overall BAs.
- Ensure team is supporting appropriate demand planning, manufacturing, and backorder management.
- Develop and manage the functional budget, ensuring efficient allocation of resources to achieve maximum ROI.
- Develop mid-term innovation strategy in collaboration with Corporate research.
- Bachelors degree in Life Sciences or Engineering (e.g. Cell Biology, Biology, Computational Biology, Immunology, Neuroscience, Molecular Biology or Biochemistry, Engineering) is preferred.
- Master's degree or MBA is preferred
- 10+ years Product Management experience in life science tools industry
- Excellent leadership and team management skills, with the ability to inspire and motivate a diverse team.
- Strategic thinker with experience identifying and quantifying market opportunities, defining a strategy, building business cases, and a history of executing with success.
- Highly innovative, out-of-box thinker with background in implementing large, complex multi-disciplinary projects across a company or division.
- Proven ability to influence stakeholders without direct authority, build consensus, and drive success and results.
- Proactive, results-driven team player who possesses a high degree of analytical, problem-solving, organization and prioritization skills.
- Strong verbal and written communicator with ability to present with impact to executive management.
- Strong divisional evangelist internally and externally.
- High attention to detail and the ability to effectively manage multiple projects concurrently.
- Identification with our core values: Sustainability, Openness, Enjoyment
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