Senior Manager, Portfolio Strategy and Insights
Date: Nov 26, 2024
Location: Morrisville, NC, US
Company: Teleflex
Expected Travel: Up to 50%
Requisition ID: 11424
About Teleflex Incorporated
As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people’s lives. Through our vision to become the most trusted partner in healthcare, we offer a diverse portfolio with solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology. We believe that the potential of great people, purpose-driven innovation, and world-class products can shape the future direction of healthcare.
Teleflex is the home of Arrow™, Barrigel™, Deknatel™, QuikClot™, LMA™, Pilling™, Rüsch™, UroLift™ and Weck™ – trusted brands united by a common sense of purpose.
At Teleflex, we are empowering the future of healthcare. For more information, please visit teleflex.com.
Global Functions – The Corporate division is the central operating unit of the company; setting strategy and policy and providing business development, finance, human resources, information technology, investor relations and legal support to the businesses. The global Company headquarters is located just outside of Philadelphia in Wayne, PA. Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives.
Position Summary
The Sr. Manager, Portfolio Strategy and Insights will be a part of a high energy team, whose singular focus is to drive product family strategies and front end of innovation (FEI) across business units (BU) enabling future global growth for Teleflex. This person will work across businesses, regions, and functions, as required, to make an impact and transform product portfolios across clinical call points.
This role will be a key change agent that will collaborate with Corporate and Business Unit leadership to help guide and shape growth strategies for key product families. This role is responsible for building the initial framework and elements needed to create robust product family strategies, as well as overseeing front-end innovation activities and developing innovation roadmaps to drive value realization through organic New Product Development, M&A, partnerships, and ventures.
This critical role requires a strategic thinker who can bridge the gap between high-level corporate objectives and on-the-ground execution within the business units. By driving greater alignment and innovation across the product portfolio, the Sr. Manager, Portfolio Strategy and Insights will play an instrumental role in the company's long-term growth and success.
Principal Responsibilities
• Build the initial framework, KPIs and key elements required for comprehensive product family strategies.
• Co-develop product family strategies with business unit key stakeholders.
• Facilitate workshop sessions to define future state aspirations and roadmaps for key product families.
• Play an active role in building the framework and KPIs for enterprise portfolio health check.
• Serve as the key liaison between corporate strategy and business unit strategy teams, fostering collaboration and alignment across functions including Clinical Medical Affairs, R&D, marketing, finance, and operations.
• Collaborate with corporate and business unit leadership to align product family strategies with overall corporate objectives and vision.
• Continuously monitor portfolio performance, identify areas for improvement, and implement changes to optimize performance and drive growth.
• Conduct market analysis, competitive assessments, and customer insights to inform portfolio strategies and develop recommendations that optimize resource allocation and balance risk/reward.
• Identify and assess opportunities for value realization via organic NPD, M&A, partnerships, and ventures, aligning innovation roadmaps with portfolio strategies and resource allocation plans.
• Coordinate cross-functional teams to advance high-potential ideas through the innovation process and co-develop robust, long-term innovation roadmaps that drive growth and value creation.
• Establish KPIs and metrics for success to measure the impact of innovation initiatives.
• Foster a culture of innovation and continuous improvement across the organization, identifying opportunities for growth in core, adjacent, and transformative areas.
• Communicate portfolio strategies, innovation roadmaps, and strategic plans to senior leadership and key stakeholders.
• Co-ordination of project activities to ensure business and compliance needs are satisfied.
• Adhere to and ensure the adherence of Teleflex Code of Ethics, all Company policies, rules, procedures, and housekeeping standards.
• Performs other duties as assigned by Management.
Education / Experience Requirements
• MBA or equivalent advanced degree in business, engineering, or related field
• 10+ years of experience in strategic marketing, portfolio management, business strategy and/ or innovation roles
• Proven track record of developing and executing portfolio strategies in a matrix organization
• Strong analytical skills and experience with market research, competitive intelligence, and financial modeling
• Exceptional communication, facilitation, and stakeholder management skills
• Ability to think strategically while also diving into operational details
• Familiarity with innovation methodologies such as design thinking, lean startup, and agile
• Experience with M&A, partnerships, joint ventures, and other inorganic growth levers
• Experience in coordinating and conducting global research for innovation programs is also a plus.
• Skilled in Microsoft Office software environment
Specialized Skills / Other Requirements
• Healthcare ecosystem knowledge, including regulatory and policy landscapes
• Excellent relationship building and collaboration skills
• Self-motivated with passion for the industry
• Ability to work in multidisciplinary design teams
• Strong critical thinking and data analysis skills for strategic recommendations
• Adaptable in fast-paced, ambiguous environments
• Excellent verbal and written communication skills
• Results-oriented with strong emotional intelligence and leadership abilities
At Teleflex, we follow a comprehensive hiring process. We do not accept unsolicited resumes from agency recruiters or 3rd party firms. We do not make unsolicited job offers. We do not ask for money or require equipment purchase up-front.
Teleflex, Inc. is an affirmative action & equal opportunity employer. D/V/M/F. Applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status. If you require accommodation to apply for a position, please contact us at: 877-880-8588 or Talent@Teleflex.com.
Teleflex, the Teleflex logo, Arrow™, Barrigel™, Deknatel™, QuikClot™, LMA™, Pilling™, Rüsch™, UroLift™ and Weck™ are trademarks or registered trademarks of Teleflex Incorporated or its affiliates, in the U.S. and/or other countries.
© 2024 Teleflex Incorporated. All rights reserved.