RGI-Associate Product Manager-Shanghai at Medtronic

Shanghai, Shanghai, China

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Baccalaureate degree (or equivalent satisfying 8 C.F.R. § 214.2(h)(4)(iii)(A)) and minimum of 4 years of relevant experience, or advanced degree with a minimum of 2 years relevant experience
Advanced knowledge of job area combining breadth and depth, typically obtained through advanced education combined with experience
Practical knowledge of project management

Responsibilities

Formulates and reviews corporate short and long-range plans, goals, and objectives for specific product or product line
Conducts competitive product analysis and market research of product consumer behavior and professional audience
Determines the profitability and viability of new products or product enhancements
Develops production and marketing strategies and tactics to ensure effective product placement relative to market opportunity
Works closely with product development for a specific product, brand, or product area over its entire life cycle
Works with other functions to finalize product specifications
Provides advertising with core brand equity
Serves as technical adviser, demonstrating products and troubleshooting product issues
Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results
Coaches and reviews the work of lower level specialists; may manage projects/processes
May be responsible for entire projects or processes within job area
Contributes to the completion of work group objectives through building relationships and consensus
Makes improvements of processes, systems or products to enhance performance of the job area
Provides in-depth analysis and recommendations on process improvements
Communicates with senior internal and external customers and vendors to exchange information and influence decision-making
May provide guidance, coaching, and training to other employees within job area
May manage projects, requiring delegation of work and review of others' work product

Skills

Product Management

Market Research

Competitive Analysis

Product Strategy

Marketing Strategy

Product Lifecycle

Project Management

Brand Equity

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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