Job Description
Role
Senior Manager, Product
Location
Hybrid in Minneapolis, MN
Salary
$140,000 - $175,000/year + bonus
POSITION SUMMARY
The Senior Product Manager, is responsible for identifying and validating future growth opportunities for the Decision Support product line through discovery, market analysis, voice of the customer, business case development, experimentation, and new product incubation, translating insights into investment recommendations, product strategy, and scalable product solutions.Utilizing market research and analyses, knowledge gained from voice of the customer initiatives, product financials and operational metrics, partnerwith leaders to define product and set strategy,developstrategicandtacticalroadmaps,and lead a cross-functional team to definethe business needs,financial designs, andwithin thetechnical constraintswhere it applies. The leader develops and contributes toproduct strategy, product development, and product lifecycle management, ensuring theproducts are aligned to operational needs, customer priorities, organizational goals, andlong-termproduct strategy.
ACCOUNTABILITIES
- Leads the team responsible fordeveloping/ contributing to product strategy,developmentand management
- Partners with the leaders of Customer Experience & Engagement,Marketing Research,Finance,and Operations toseekand understand the voice of the customer and promote a customer-centric culture, along with developing customer-driven solutions.
- Works closely with Customer Experience & Engagement, Operations, and IT, to inform the product roadmaps
- Collaborateswith Customer Experience & Engagement, and other departments, to develop go-to-market strategies to win in targeted customer segments and create end-to-end operational plans to profitably grow and scale the business products for existing and emerging markets.
- Provides leadership on product development,includingleadingcross-functionalteam.
- Collaborates within the Product organization onstrategy,road mappingand execution, includingdependencies.
- Lead identification, evaluation, and incubation of new products, services, and capabilities that expand and advance the Decision Support product line.
- Develop and validate concepts for emerging offerings through customer discovery, pilot programs, business case development, and market testing.
Core Functional Competencies
- Product Development & Roadmap Planning: Developand manage the product roadmap, prioritizing features and initiatives based on market analysis, user feedback, and businessobjectives, and work with teams to deliver.
- Team Leadership: Leadand mentor a team of product managers, fostering a collaborative and high-performing environment. InitialteamProduct Managers and Business Analysts.
- Cross-Functional Collaboration: WorkcloselywithIT,operations,finance,analytics,Legal/QRA,marketing, sales, and other teams to ensure seamless product development and launch.
- Market Research and Analysis: Partner with the EAI team formarket research, analyze user feedback, andmonitorkey performance indicators (KPIs) toidentifyopportunities and challenges.
- Go-to-Market Strategy: Collaboratewith marketing and sales teams to develop and execute go-to-market strategies.
- Performance Monitoring: Trackand analyze product performance,identifyingareas for improvement and optimization.
- Finance and P&L: Financialacumenat enterprise and product levels. Ability to guide financial analysis and forecast/projectdecisions togo-forwardfinancials.
- Change Management: Advancedskills to partner, influence, educate and inspire both internally and externally.
Critical Skills
- Strategic Thinking:Ability to develop and articulate a compelling product strategy.
- Leadership and Management:Proven ability to lead and motivate a team of product managers, overall cross-functional team,and customers.
- Communication Skills:Excellent written and verbal communication skills to effectively communicate with various stakeholders.
- Product Development Expertise:Strong understanding of the product developmentlifecycleand best practices, including Discovery.
- Analytical Skills:Ability to analyze data,identifytrends, and make data-driven decisions.
- Problem-Solving:Ability toidentifyand resolve complex product-related issues.
- Collaboration and Influence:Ability to work effectively with cross-functional teams and influence decision-making.
- Adaptability:Ability to adapt to changing market conditions and product requirements.
- Customer Focus:Deep understanding of user needs and the ability to translate them into product requirements.
REQUIRED QUALIFICATIONS
Knowledge of
- Proven leader who understands healthcare/biopharma products and services and isexperienced atinfluencing internal teams (Finance, IT, sales, marketing, operations) and developing productstrategies,roadmapsand product management.
- Demonstrated leadership in product development.
- Product management methodologies, business case development, pricingstrategies.
Ability to
- Work with broad cross-functional teams withabilityto sell ideas and plans to internal constituencies, executives, customers, and partners.
- Build transformational product strategies/ roadmaps
- Effectively lead and growa productmanagement andcross-functional product development teams, including large technology initiatives.
- Leverage an entrepreneurial mindset and instill this in others.
- Lead in an innovative and changing environment with theobjectiveof testing,learningand iterating to continually improve products and services.
- Effectively work with all levels of the organization.
- Keep anexternal-focusand become the go-to for market insights and opportunities.
- Must have excellent interpersonal skills – can rapidly connect with people – plus the ability toestablishcredibility among various external and internal constituencies.
- Demonstrated record of success inidentifyingnew issues, trends and opportunities driven by data and customer insights.
Education and/or Experience
- BA or BS in business, management,healthcareor related discipline desired.
- Minimum5-7years ofdirectly relatedwork experience, within the healthcare industry
- 2-4 years of experience leading teams
- Demonstrated experience working effectivelyand leadingcross-functional teams in a matrix environment.
- Experience leading innovation/ new productinitiatives from idea through launch.
PREFERRED QUALIFICATIONS
- Pharma, Clinical, biotech industry with major points for knowledge of cellular therapy market.
- Salesforce, Supply Chain, Personalizationexperience.
- P&L ownership.
- Platform development experience.
- MBA
- Experience leading AI roadmaps
Benefits
Hollstadt offers medical, dental, vision, life insurance, short-term disability, long-term disability, paid sick leave, and retirement benefits to eligible employees. With three different medical plans to choose from, you can enroll in the coverage you need from individual to family, or anywhere in between!
Remarketing Process
Hollstadt is based on retention and relationships. We get to know your strengths and career wishes throughout your assignment and then start remarket discussions 6-8 weeks prior to your end date. By being proactive, we are able to keep your down time between assignments as short as possible, unless you choose otherwise.
Professional Development
Hollstadt offers on-demand training through our consultant portal. Trainings give our consultants the continuing education they need to excel on their projects. Many of our courses apply towards continuing education credits and we have an entire training hub dedicated to upskilling in Artificial Intelligence (AI).
401k + Matching
One popular benefit is our 401(k) match on the first 4% of your contributions. Hollstadt wants to help you reach your long-term financial goals and understands that planning for your future is critical. Consultants also have access to support from a Financial Advisor.
We appreciate and reward loyalty. Join Hollstadt, stay for 5 years, and we’ll give you a $5,000 Longevity Award bonus! Additionally, we know great talent knows other great talent. If you are on contract with Hollstadt and refer one of your connections who gets placed, we’ll pay you $1,000!
Ongoing Support & Networking
We have made a significant investment in building a support program for our consultant team - so you never have to feel like you are going it alone. We also have a Consultant Coach program which acts like a 'work buddy' to provide a safe ear for questions or concerns at your client site.
Hollstadt Consulting is a management and technology consulting firm dedicated to placing professionals at engagements where they will excel. When you work with us, you'll work with a refreshingly real company led and staffed by seasoned experts who are also down-to-earth, good people. We're committed to treating you with respect and helping you achieve your career aspirations.
Since 1990, Hollstadt has been a trusted partner to more than 150 domestic and global companies and has successfully completed over 3,000 projects. Our continued growth has created challenging and rewarding opportunities for accomplished IT and Business Consultants.
Hollstadt Consulting is an equal opportunity employer including disability/veteran.
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