Principal Software Product Owner at Medtronic

Hyderabad, Telangana, India

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical DevicesIndustries

Requirements

  • Minimum 14+ years of relevant experience with 5+ years as Product Owner in Web/Mobile Space
  • Awareness of Industry tools for VOC, Requirement prioritization, Roadmap & long-term solution Strategy
  • Good to have experience in medical devices or other regulated industries
  • Strong understanding of agile development principles and practices, including Scrum and Kanban
  • Excellent communication, collaboration, analytical and problem-solving skills
  • Ability to work effectively with cross-functional teams and stakeholders
  • Familiarity with agile tools such as JIRA or similar software tools
  • Experience with product management and product development processes, including user research, market analysis, and product road mapping
  • Software Development experience in Agile or Waterfall methodologies especially worked on SDLC
  • Excellent interpersonal and influence management skills including evidence of managing multi-discipline teams
  • Technical Understanding and Business Acumen
  • Knowledge of Product Life Cycle
  • Familiarity with FDA Quality System Regulations (820.30 design controls), European Regulatory Requirements (ISO 13485), and specifically IEC-62304
  • Lean Mindset and proven experience around ‘Build, Measure, Learn (repeat)’
  • Demonstrates ability to problem solve
  • Team oriented – ability to motivate and work well with diverse, cross-functional teams
  • Proven ability

Responsibilities

  • Establishing/enabling the vitality and growth for the portfolio by creating strategic partnerships and effective governance through efficient use of Medtronic’s resources and tools
  • Work closely with the cross-functional platform leader & team teams in MEIC and GBUs
  • Lead the Strategy roadmap for the feature/component of the overall solution, partnering with other members on the PO & Marketing Team Members
  • Play a vital role in growing business engagements & enabling value-add by focusing on patient and clinician needs
  • Act as the leader of the project team, driving end-to-end execution and accountability
  • Accountable for a product's impact on customers, users
  • Leads or leverages cross-functional stakeholders to evaluate, develop, and manage new product development and ongoing lifecycle management of products and processes
  • Assesses product issues and develops resolutions to meet market requirements, quality, and client-satisfaction goals and objectives
  • Partners closely and serves as a liaison between Product Management and Technical Execution Team (System Engineer, Architect, UI/UX Designers, DevOps, Testers, Scrum Master, etc.)
  • Develop mechanisms to understand project progress and for intervention and problem solving with product managers, Scrum master, and other key stakeholders
  • Gathers requirements, works on requirements planning, requirements elicitation, and requirements management to ensure they meet the demands of market requirements and key stakeholders
  • Communicates with stakeholders, obtains stakeholder engagement to ensure the end products or processes will solve the business problems
  • Leads a shared understanding of “What” we should build and be able to justify “Why” through discussion and documentation
  • Extends shared understanding with the scrum teams who will be executing
  • Plays a critical role in sprint demos by utilizing it as a feedback loop for validation of intended impact
  • Makes the decision on when enough value has been created to close user stories and ready for release
  • Point person to ensure all deliverables are prioritized

Skills

Key technologies and capabilities for this role

Product ManagementProduct OwnershipAgileScrumRequirements ElicitationRequirements ManagementStakeholder ManagementRoadmap PlanningCross-functional LeadershipUI/UX DesignDevOps

Questions & Answers

Common questions about this position

What experience level is required for this Principal Software Product Owner role?

Minimum 14+ years of relevant experience is required, including 5+ years as a Product Owner in Web/Mobile Space.

Is prior experience in medical devices or regulated industries necessary?

Experience in medical devices or other regulated industries is good to have but not required.

What key skills are needed for this position?

Candidates need a seasoned Product Owner background with Product Management experience, strong understanding of agile development principles including Scrum, skills in requirements management, roadmap strategy, and stakeholder communication.

What is the employment type for this role?

This is a full-time position.

What makes a strong candidate for this Principal Software Product Owner position?

A strong candidate will have 14+ years of relevant experience including 5+ years as Product Owner in web/mobile, agile expertise, experience leading cross-functional teams, and preferably background in regulated industries like medical devices.

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters
1949Year Founded
$3.2MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Program
Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.
Spine biologics market growth may attract new entrants, increasing competition for Medtronic.
Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.
The company invests heavily in R&D to drive innovation in medical devices.
Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.
Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.
Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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