Senior Product Manager KSA at Stryker

Riyadh, Riyadh, Saudi Arabia

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, HealthcareIndustries

Requirements

Bachelor’s degree in Economics, Marketing, Engineering, Life Science or relevant field (Masters or MBA Highly desirable)
5-7 years of marketing experience of which a significant portion is within Pharma/med-tech industry (relevant sales/R&D experience will be considered)
Proven success record in leading marketing projects incl. marketing plans, product launches and campaigns within healthcare industry
Extensive knowledge of product management processes, planning and execution
Track record as contributor and marketing lead in cross-functional projects
Broad experience in supporting the sales force and customer facing activities in the field
Excellent communication and presentation skills
50% Business Travel

Responsibilities

Act as local market expert for the segment and products, understanding trends, competitive landscape, product performance and customer/user needs, and connecting these inputs with existing or future products and solutions
Work in close alignment with Marketing department to ensure aligned strategies and execution across the region and provide feedback on the success of strategies and effectiveness
Develop and direct marketing programs for a significant product or product category
Compile and evaluate research on the market's product requirements and identify enhancements to current features and functionality
Establish marketing strategies, including product direction, advertising, packaging, pricing, expense budgets, profit plans and future product development, to manage a product or product category's life cycle
Interface with engineers, designers, suppliers and customers to develop product requirements and specifications
Prepare and coordinate product introductions and updates
Provide market insight and expertise, including trends, competition, reimbursement, pricing, user needs (VOC), new product ideas, and customer perceptions of brand
Align local discretionary budget, strategy, and execution of strategy to achieve growth and market share targets
Enable, educate, influence, and align sales team to local marketing strategy and communicate updates on key performance indicators
Research, launch, or reposition products in local marketplace to maximize sales and growth using 4P’s and Big Picture methodology
Identify, develop and maintain relationships with Stryker and competitor key opinion leaders (KOLs), reference centers and other influencers
Identify, plan, organize, and execute marketing events, TPECs, congresses, and other professional education activities
Partner with Internal Education team to ensure sales force competency
Assist with must-win product evaluations, tenders, or customer presentations
Perform operational management of product portfolio, including demand planning, anticipated equipment fleet needs, demonstration equipment, and local PLCM impact
Develop trust and strong relationships with sales professionals, internal stakeholders, and customers including extensive field travel

Skills

Key technologies and capabilities for this role

Product ManagementMarket ResearchCompetitive AnalysisMarketing StrategyPricing StrategyProduct LaunchKOL ManagementSales EnablementBudget ManagementEvent Planning4Ps MarketingVoice of CustomerReimbursement Analysis

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

The position offers hybrid work flexibility.

What education and experience are required?

A Bachelor’s degree in Economics, Marketing, Engineering, Life Science or relevant field is required (Masters or MBA highly desirable), along with 5-7 years of marketing experience in Pharma/med-tech industry, proven success in leading marketing projects, and extensive knowledge of product management processes.

How much travel is involved in this role?

The role requires 50% business travel.

What is the salary or compensation for this position?

This information is not specified in the job description.

What makes a strong candidate for this Senior Product Manager role?

Candidates with a Master’s or MBA, 5-7 years in Pharma/med-tech marketing including product launches, proven cross-functional project leadership, and experience building KOL relationships stand out.

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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