Senior Manager, Strategy & Market Insights

Stryker Group; Kalamazoo (MI); Hybrid; USD 129,000 - 287,000; Full time

Job summary

A leading company in the medical device sector is seeking a Senior Manager, Strategy & Market Insights. The role involves strategic planning and market analysis to enhance the Joint Replacement business unit. Applicants should possess significant experience in market research and business development.

Benefits

Health Savings Account (HSA)

401(k) plan

Employee Stock Purchase Plan (ESPP)

Medical, dental, and vision insurance

Wellbeing program

Qualifications

• 10+ years in commercial management or market research.
• Experience in medical devices preferred.

Responsibilities

• Lead Joint Replacement strategic planning aligned with corporate guidance.
• Deliver actionable insights to executive leadership and stakeholders.
• Manage Market Insights team and budget.

Skills

Commercial management

Business Planning

Market research

Data analytics

Competitive intelligence

Education

Bachelor’s Degree

Master’s Degree in Business Administration or relevant field

Job description

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What You Will Do

The Senior Manager, Strategy & Market Insights will lead the Joint Replacement Market Insights function and manage division and business unit (BU) strategic planning.

• Manage the Joint Replacement strategic planning process in alignment with corporate and group guidance, including on-time submission of key deliverables
• Lead JR’s Market Insights function and team inclusive of, but not limited to, market analytics & modeling, competitive intelligence and customer research
• Deliver actionable insights to key customers, such as: Executive leadership, strategic planning, business development, marketing and R&D; proactively informs leadership and other stakeholders of key insights that can impact the business or industry
• Develop process, methodology and network for generating market intelligence, voice of customer and other insights to support the business unit decision-making process and together with Analyst, own third party market data related to joint replacement market as well internally developed market models used to forecast and predict market growth and trends.
• Establish and educate on JR’s market insights and strategy processes, practices and tools and Manage JR content within Stryker’s market intelligence portal for the effective and efficient dissemination of insights.
• Support Business Development with strategic market and customer analyses and research in support of M&A activity, inclusive of gap analyses and competitive portfolio analyses
• Manages JR Market Insights budget inclusive of primary research and third-party data sets/subscriptions and tools
• Lead periodic discussions on Stryker’s competitive environment
• Leads analyses of the organization's competitive environment and strategies; Conducts strategic war games
• Own market research roadmap and programs in support of divisional and business unit strategies including, but not limited to, longitudinal market monitoring, Net promoter score/customer loyalty, brand equity studies, category analyses
• Effectively uses and interprets qualitative and quantitative research methods and tools and partners and collaborates with third party data vendors
• Utilizes market research and third-party data to identify key industry trends.
• Coach others on the full spectrum of approaches and tools for conducting market research.
• Consults on all aspects of market insights for the business.
• Represent the Joint Replacement Division in cross divisional strategy and insights activities and provide as needed intelligence support to corporate teams.
• Liaise with Cross-Divisional Market Insights council in order to provide consistent, timely and pertinent information to leadership.
• Develop and coach Market Insights team and manages small team of analyst(s) and/or other market insights/intelligence professional(s)
  
  

What You Will Do

The Senior Manager, Strategy & Market Insights will lead the Joint Replacement Market Insights function and manage division and business unit (BU) strategic planning.

• Manage the Joint Replacement strategic planning process in alignment with corporate and group guidance, including on-time submission of key deliverables
• Lead JR’s Market Insights function and team inclusive of, but not limited to, market analytics & modeling, competitive intelligence and customer research
• Deliver actionable insights to key customers, such as: Executive leadership, strategic planning, business development, marketing and R&D; proactively informs leadership and other stakeholders of key insights that can impact the business or industry
• Develop process, methodology and network for generating market intelligence, voice of customer and other insights to support the business unit decision-making process and together with Analyst, own third party market data related to joint replacement market as well internally developed market models used to forecast and predict market growth and trends.
• Establish and educate on JR’s market insights and strategy processes, practices and tools and Manage JR content within Stryker’s market intelligence portal for the effective and efficient dissemination of insights.
• Support Business Development with strategic market and customer analyses and research in support of M&A activity, inclusive of gap analyses and competitive portfolio analyses
• Manages JR Market Insights budget inclusive of primary research and third-party data sets/subscriptions and tools
• Lead periodic discussions on Stryker’s competitive environment
• Leads analyses of the organization's competitive environment and strategies; Conducts strategic war games
• Own market research roadmap and programs in support of divisional and business unit strategies including, but not limited to, longitudinal market monitoring, Net promoter score/customer loyalty, brand equity studies, category analyses
• Effectively uses and interprets qualitative and quantitative research methods and tools and partners and collaborates with third party data vendors
• Utilizes market research and third-party data to identify key industry trends.
• Coach others on the full spectrum of approaches and tools for conducting market research.
• Consults on all aspects of market insights for the business.
• Represent the Joint Replacement Division in cross divisional strategy and insights activities and provide as needed intelligence support to corporate teams.
• Liaise with Cross-Divisional Market Insights council in order to provide consistent, timely and pertinent information to leadership.
• Develop and coach Market Insights team and manages small team of analyst(s) and/or other market insights/intelligence professional(s)
  
  

What You Need

• Bachelor’s Degree
• 10+ years’ commercial management, Business Planning, finance, marketing, consulting and /or market research experience.
  
  

Preferred

• Master’s Degree in Business Administration, Marketing, Statistics, Data analytics, Engineering or other relevant field.
• 5+ years medical device and market research experience
  
  

This hybrid role requires the candidate to be within commuting distance of a major Stryker location, with an expectation to work onsite 2–3 days per week and remotely for the remainder of the week.

$129,600 - $286,500 salary plus bonus eligible + benefits. Actual minimum and maximum may vary based on location. Individual pay is based on skills, experience, and other relevant factors.

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Appliances, Electrical, and Electronics Manufacturing, Industrial Machinery Manufacturing, and Medical Equipment Manufacturing

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