We anticipate the application window for this opening will close on - 22 Jan 2025
At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
The hiring manager is prioritizing candidates based in Minneapolis, MN. However, could be open to remote for highly qualified candidates.
Careers that Change Lives
As the Global Marketing Director - Deep Brain Stimulation (DBS), Upstream on the Brain Modulation Marketing team, you will play a vital role in leading, managing, and delivering on the portfolio products and strategies for the Medtronic Deep Brain Stimulation Business. Building and leading a high-performance team, this leader will be responsible for building our future portfolio of products and solutions founded in customer needs or in the market or within certain market segments. Driving strong upstream marketing fundamental principles globally, this individual will help lead the organization to achieve our strategic plan market growth targets assessing organic and inorganic opportunities.
Responsibilities may include the following and other duties may be assigned.
- Global Portfolio Leadership: Build and execute portfolio marketing plans to exceed the Strat Plan and financial business objectives for the strategic planning period. Evolve our road map strategy, product positioning and cadence to address unmet customer needs. Develop global strategies that include organic and inorganic opportunities that allow regions to grow market-share and market growth
- Upstream Product Development: Develop and execute marketing strategies for the portfolio. Be a catalyst for global portfolio expansion and responsible for collaboration with all functions to ensure successful strategic planning and execution of the portfolio strategy. This includes key customer engagement, new opportunity identification, business case development, detailed financial analytics, and alignment to global portfolio strategy and team leadership.
- Regional Engagement: Provide strategic market, pricing, and product positioning guidance to regional partners to drive healthy financial performance, increased forecasting and market model accuracy.
- Portfolio Management and Health: Collaborate with regional markets on obtaining forecasts for strategic planning and new product launches, establishing and implementing product rationalization strategies, and engaging in BDL activities. Evaluate market trends, financial analysis, and changing customer habits.
- Represent Customer Voice: Qualitatively capture and communicate customer habits to provide required marketing inputs to the fit / form / function of our current and future products. Provide feedback and insight on the commercial sell-ability of innovation ideas in the NPD process. Work with regional partners to ensure we have the optimal technologies for customer satisfaction and business financial success.
Must Have: Minimum Requirements
- Bachelor's Degree
- Minimum of 10 years of relevant experience with 7+ years of people or program managerial experience, or advanced degree with a minimum of 8 years of relevant experience with 7+ years of managerial experience.
Nice to Have
- Degree in Marketing, Business, R&D or similar degree
- MBA preferred
- Director level experience
- Track record of driving results in upstream marketing capacities
- Demonstrated achievement of business goals.
- Demonstrated ability to learn technical information and apply technical concepts
- Demonstrated ability to lead and work effectively in a matrix organization.
- High level of financial acumen, forecasting and budget management
- Demonstrated experience in strategic planning
- Strong understanding of neuromodulation procedures and product performance.
- Strong analytical skills to analyze and complete financial/profitability analysis, project sales forecasts, and quantitative market segmentation models
- Demonstrated ability to effectively coach and lead others.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Salary ranges for U.S (excl. PR) locations (USD):$184,800.00 - $277,200.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
This position is eligible for an annual long-term incentive plan.
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
About Medtronic
Medtronic benefits and compensation plans
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
