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 115,000 colleagues serve people in more than 160 countries.

     

JOB DESCRIPTION:

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. You’ll 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 bachelor’s 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 you will lead the strategic development and launch preparation of products and services within the Workplace Services business in Abbott Rapid & Molecular Diagnostics 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 You’ll Work On

• Ownership of Initiatives within the Product Roadmap. Take full responsibility for owning and communicating innovation initiatives within the product roadmap, ensuring alignment with the company’s strategic goals and continuous advancement of the product. 
• Define and Prioritize Product Requirements.  Work closely with key stakeholders to prioritize feature requirements based on user needs and business goals, translating those requirements into actionable deliverables for IT and Operations teams. 
• Oversee product development and design, conduct market research as needed, define GTM strategies, launch new products, and monitor performance to effectively market new products/services.
• Expand Use of Analytics for Deeper Insights.  Further develop the team’s use of analytics tools, deepening the understanding of product performance, real-world outcomes, and how to optimize the product for better user experiences. 
• 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 customer experience, 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 inte