Abbott

Regional Sales Manager

China

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Medical Devices, HealthcareIndustries

Requirements

Candidates must have a proven track record of achieving sales plans and growing market share within their assigned territory. They should possess strong skills in territory business strategy, including account, distributor, competitor, and market analysis. The ability to build and develop a capable sales team and talent pipeline is essential. Expected behaviors include monthly/quarterly performance planning and management, accurate sales forecasting through data analysis, effective sales coaching, and risk identification and mitigation. Experience in regional business planning, market insight gathering, channel management, key account management, and talent development is required. Cross-departmental collaboration skills, including cost analysis, proposal evaluation, and expense control, are also necessary. Key success factors include clear business and key account/distributor management plans, agile market insight, team management and talent development planning, and strong execution and problem-solving abilities.

Responsibilities

The Regional Sales Manager is responsible for achieving the sales plan of their assigned territory and driving market share growth. They will develop and execute territory business strategies, including account, distributor, competitor, and market plans, and manage opportunity pipelines. This role involves building a high-performing sales team and talent pipeline. Responsibilities include breaking down monthly/quarterly sales targets, forecasting business trends, identifying new opportunities, and resolving issues. The manager will provide effective sales coaching, monitor team performance, and identify and mitigate business risks. They will also develop regional strategy plans, including pricing negotiations, customer investments, and product analysis, and update strategies based on market changes. Market insight responsibilities include monitoring industry policy changes, market dynamics, and competitor activities, assessing policy impacts, understanding key customer needs, and managing competitive intelligence. Channel management involves distributor layout, performance monitoring, inventory management, and policy application. Key account management includes setting sales targets, collecting and updating customer data, managing customer satisfaction and risks, understanding customer needs and pain points, and developing long-term customer development plans. Talent development includes guiding sales work, leading the team to achieve goals, recruiting, training, and retaining talent, and developing successors. Cross-departmental collaboration is required to ensure project execution and resolve customer issues, working closely with finance, marketing, and after-sales service departments.

Skills

Sales Planning
Territory Management
Distributor Management
Competitor Analysis
Market Analysis
Pipeline Management
Sales Forecasting
Team Leadership
Talent Development
Performance Management
Data Analysis
Risk Management
Strategic Planning
Price Negotiation
Customer Relationship Management
Channel Management
Key Account Management
Cross-functional Collaboration
Business Development

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters
1888Year Founded
IPOCompany Stage
HealthcareIndustries
10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.
Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.
Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.
Abbott's microfluidic devices streamline diagnostic processes efficiently.
Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.
Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.
Significant investments indicate strong market confidence in Abbott's healthcare solutions.

Land your dream remote job 3x faster with AI