Product Development Manager

Product Development Manager

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

The Opportunity: As the Product Development Manager in our Lake Forest, IL or Kansas City, MO location, you will lead the strategic development and launch preparation of products and services within the Workplace Services business in Abbott Rapid and Molecular Diagnostics Toxicology Division. You will oversee product/service design and development and go-to-market readiness to ensure each new product or service is positioned for success. By analyzing market trends, customer behavior, regulatory requirements, and competitive activity, you will identify opportunities to inform the innovation roadmap and to guide product development to address evolving customer needs.

In this role, you will collaborate with cross-functional teams including R&D, Operations, IT, PMO, Quality, Regulatory, Channel Marketing, and Sales to prepare products for market launch. You will lead product development planning efforts, monitor sales performance, and adapt strategies to optimize results. Your ability to evaluate product performance and customer feedback in order to drive insights into action will drive continuous improvement and innovation.

What You'll Work On:

• Oversee product development and design, conduct market research as needed, define price strategies, launch new products, and monitor sales performance to effectively market new products/services.
• Evaluate market trends, customer behavior and competitor activity to identify product/service opportunities for the innovation plan.
• Lead the cross-functional timeline management for product development and product launch readiness.
• Prepare products for commercialization by working with cross-functional teams (e.g., Operations, IT, R&D, PMO, Quality, Regulatory, Channel Marketing, Commercial).
• Adapt plans to improve the sales performance of product/services: Monitor sales volume, revenues and costs against forecasts to inform opportunities for optimization.
• Lead launch planning and commercialization of products, ensuring alignment across cross-functional team and full product readiness for optimal launch success.
• Collaborate with internal technical resources to synthesize requirements for the development or enhancement of products and services and their supporting technology / software enhancement.

Required Qualifications:

• Bachelors degree
• Minimum of 6 – 8 years of experience in product management and/or product development
• Proven track record of leading end-to-end product development, launch, and iteration
• Experience managing products through the full lifecycle, from concept to launch and beyond, while anticipating future needs and challenges.
• Strong business acumen and analytical skills, with a deep understanding of customer needs and the ability to represent the customer in design and development discussions.
• Understanding of software and/or technology as a service.
• Excellent written and verbal communication skills, with the ability to influence and collaborate across teams and levels.
• Ability to work in multiple initiatives with short and overlapping deadlines.
• Strong interpersonal skills and ability to work with a diverse team.
• Self-motivated and self-starter, with initiative to deliver results.

The base pay for this position is $97,300.00 – $194,700.00. In specific locations, the pay range may vary from the range posted.