Portfolio Manager (Hybrid)
Stryker
Summary
As a Portfolio Manager on Stryker's Trauma team, you will help compile and evaluate research on customer needs in the market or segment and translate those needs into specifications for future generation products.
Job description
- Conduct market, competitive, and customer research using qualitative and quantitative data to identify industry trends, customer needs, and product opportunities.
- Translate product features, benefits, and customer insights into compelling value propositions and messaging strategies.
- Collaborate cross-functionally throughout the New Product Development Process (NPDP) to evaluate opportunities, support business objectives, and drive successful product launches.
- Build and maintain financial business case models to support product development investments, forecasting, pricing strategies, and return-on-investment analyses.
- Leverage organizational capabilities and strategic assets to maximize new product development, launch planning, and lifecycle management efforts.
- Partner with Clinical Affairs and Product Marketing to define evidence-generation strategies, develop publication plans, and ensure messaging aligns with clinical and scientific data.
- Evaluate customer acquisition and retention opportunities, including potential sources of new volume, market expansion strategies, and associated financial tradeoffs.
- Develop pricing strategies that align with overall marketing objectives, brand positioning, and business goals.
- Partner with Product Marketing and commercial teams to develop and execute product launch plans, sales enablement tools, channel communications, and marketing resources that drive market adoption.
- Execute product lifecycle management (PLCM) strategies to support long-term business growth and product performance.
Requirements
- Bachelor's degree
- 4+ years of work experience
- Ability to be onsite at our Mahwah, NJ office 3x a week
- MBA preferred
- 1+ years medical device or marketing experience preferred
Company overview
Stryker is a global leader in medical technology, founded in 1941 by Dr. Homer Stryker and headquartered in Kalamazoo, Michigan. As one of the world's premier medical device companies, Stryker operates across three major business segments: Medical and Surgical Equipment, Orthopaedics and Spine, and Neurotechnology. The company impacts more than 150 million patients annually through its innovative products and services sold in over 75 countries worldwide. With approximately 53,000 employees globally and annual sales of $22.6 billion in 2024, Stryker maintains a strong commitment to research and development, investing $1.5 billion in R&D annually. The company's diverse portfolio includes surgical instruments, orthopedic implants, neurovascular devices, endoscopic systems, and advanced digital healthcare solutions. Stryker is recognized for its Mako robotic-assisted surgery systems and has been consistently ranked as one of Fortune's World's Best Workplaces for eight consecutive years, demonstrating its commitment to corporate culture and employee development.