Innovation Marketing Manager

Illinois Tool Works; Glenview (IL); On-site; USD 106,000 - 150,000; Full time

Job summary

A leading company in the medical device sector is seeking an Innovation Marketing Manager to champion customer-backed innovation. This role involves strategic marketing, collaboration with various teams, and leading product management efforts to enhance patient outcomes. The ideal candidate will have extensive experience in innovation marketing within medical devices and a strong understanding of market dynamics.

Benefits

Vacation - up to 120 hours of time within first year

Sick - up to 40 hours of time within first year

Floating Holiday - up to 8 hours of time within first year

Holiday - 10 paid holidays per year

Qualifications

• 5+ years of experience in Innovation Marketing Manager role.
• Experience with customer discovery and developing business cases.

Responsibilities

• Lead and coach product team through ITW’s stage-gate process.
• Mentor teams and cultivate business acumen within product team.

Skills

Strategic Marketing

Communication

Critical Thinking

Teamwork

Analytical Skills

Education

Bachelor’s degree in biomedical/mechanical engineering

Marketing

Job description

Job Description:

ITW BUSINESS MODEL & CULTURE:

• We have an environment shaped by our decentralized, entrepreneurial culture that brings our exciting ideas to life.

• We are committed to providing you with growth and development opportunities that maximize your unique potential.

• Our culture empowers you to think and act like a business owner – we want your entrepreneurial spirit to thrive!

• We live by ourCore Values of simplicity, shared risk, integrity, respect, and trust.

ITW MEDICAL COMPANY BACKGROUND:

ITW Medical, a division of ITW, is comprised of two highly respected brands- Coeur and Filtertek, supplying critical filtration, flow control, and fluid management to the world’s biggest Medical device companies in the Surgical, Infusion, Bioprocessing and Diagnostic Imaging end markets. ITW Medical differentiates itself by providing innovative, high-quality products with world-class service levels to our key global customers with our global operations. There is a strong purpose and impact behind everything you would do daily potentially impacting patients care, drug delivery, and vaccination around the world. We are looking for a talented technical or business professional with a passion for healthcare and career advancement to join and accelerate our efforts to serve our customers and improve patient outcomes.

POSITION SUMMARY:

The Innovation Marketing Manager will report to the Global Sales & Marketing Director and will have the product management team as direct reports.

The Innovation Marketing Manager will serve as ITW Medical’s customer-backed innovation champion focusing on the medical device and bioprocessing industries. The Innovation Marketing Manager will work to understand, prioritize, and govern the execution of innovation opportunities and coach and develop a high performing product management and marketing team capable of executing ITW’s customer backed innovation process to continue to grow and manage ITW’s portfolio of flow control, filtration, and fluid management products. The Innovation Marketing Manager will also utilize their strategic marketing experience to develop a keen understanding of customer value chains, key trends, pain points, competitive landscape and synthesize market & technical intelligence, develop product roadmaps, and deliver actionable guidance on “where to play” and “where to invest.”

Key Responsibilities:

• Strategic Marketing: Partner with ITW Innovation Center to explore key growth opportunities and translate that into universal new product roadmaps.

• Opportunity Identification & Business Cases: Surface customer problems and emerging trends by engaging with end users, influencers and stakeholders. Lead development of robust, data-driven business cases to fuel Innovation Pipeline.

• Cross-Functional Collaboration: Partner with R&D, Regulatory/Quality, Sales, and Supply Chain teams to triangulate bottoms-up intelligence and align roadmaps.

• New Product Development Governance: Lead and coach product team through ITW’s stage-gate process. Drive disciplined execution of project milestones and ensure delivery of innovation targets.

• Leadership & Talent Development: Mentor cross-functional teams through ITW Innovation processes, 80/20 toolbox application and cultivate business acumen within product team.

• Identify, lead and develop talent to maximize individual, team and organizational effectiveness in meeting organizational goals. This may include selection and onboarding of talent, communicating effectively to foster a culture of engagement, cascading vision, creating goal alignment, and coaching through feedback, and development planning.

Qualifications:

• Bachelor’s degree in biomedical/mechanical engineering, Marketing, or related field; advanced degree preferred.

• 5+ years of experience in Innovation Marketing Manager role with stage gate innovation process or equivalent experience in medical devices, filtration, or bioprocessing consumables.

• 5+ years of experience with customer discovery and value proposition work including developing business cases and market insights.

• 3+ years’ experience communicating to cross-functional stakeholders and customers and coaching product teams in converting market insights into product specifications.

• Possess market research and strategic marketing capabilities to understand, prioritize, and quantify growth opportunities in medical devices and bioprocessing end markets.

• Business Acumen: aligns innovation initiatives with ITW’s strategic and financial objectives.

• Communication: crafts clear, compelling narratives for diverse stakeholders, ensuring shared vision and compliance clarity.

• Critical Thinking & Problem-solving: asks and answers the right questions to navigate technical and regulatory complexity to properly synthesize information and drive execution.

• Teamwork: builds high performing and collaborative teams across functions and regions.

• Marketing Skills (Technical): positions products effectively within digital and traditional medical device channels.

• Data Collection & Analysis: Leverages market, clinical, and operational data to guide decisions.

• Analytical Skills: Makes evidence-based decisions, balancing innovation speed with patient safety rigor.

• Up to 30% domestic and international travel

Compensation Information:

This compensation range is provided as a reasonable estimate of the current salary range for this role. Compensation depends on relevant experience and/or education, specific skills, market level, other job-related factors, geographic location, and other factors as applicable by law. As applicable this role will also receive overtime compensation and may be eligible for shift premium compensation.

Pay Range:$106,000-150,000

Benefits

Benefits for this role can be seen by visiting www.itwemployee.com. In addition, employees can qualify for vacation, sick, and holiday compensation benefits.

• Vacation - up to 120 hours of time within first year

• Sick - up to 40 hours of time within first year

• Floating Holiday - up to 8 hours of time within first year

• Holiday - 10 paid holidays per year, these holidays are selected by the Division