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DVP, Product Development

Abbott

DVP, Product Development

Abbott

2 Locations

·

On-site

·

Full-time

·

2w ago

Compensation

$247,300 - $494,700

Benefits & Perks

Healthcare

401(k)

Learning Budget

Healthcare

401k

Learning

Required Skills

Leadership

Product development

Manufacturing

Strategic planning

FDA compliance

Team management

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.

JOB DESCRIPTION:

Working at Abbott:

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You’ll also have access to:

  • Career development with an international company where you can grow the career you dream of

  • Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year

  • An excellent retirement savings plan with high employer contribution

  • Tuition reimbursement, the Freedom 2 Save student debt program and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree

  • A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune

  • A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists

The Opportunity

The DVP Product Development oversees a large, multi-site organization responsible for developing products to grow or enhance the division's product portfolio and ensure market compatibility. Additionally, this position is responsible for developing and evaluating goals for the department. At Abbott Structural Heart, our business purpose is to restore health and improve quality of life through the design and provision of device and management solutions for the treatment of structural heart disease.

What You’ll Work On

  • Develop and implement short- and long- term strategic plans for Product Development to ensure global Product Development Engineering and overall business objectives are met.
  • Partnering with other departments, identify needs and demands, understand technologies and trends, and deliver innovative and optimal technology solutions that will support the execution of Product Development Engineering strategy.
  • Collaborates cross-functionally with IT, Finance, R&D, Quality, Marketing, Clinical, Regulatory and other functions as needed to ensure effective commercialization of new products.
  • Collaborate cross-functionally with the Operations, Quality and Supply Chain functions to ensure effective development of significant new processes that impact these areas.
  • Oversee effectiveness of manufacturing systems and procedures to ensure compliance to FDA, GMP, and all other applicable agency regulations.
  • Support all Divisional initiatives as identified by divisional management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
  • Hires and retains a diverse, highly qualified staff and provides ongoing performance feedback. Sets goals which align to department plans and manages the execution of goals through coaching and mentoring. Maintains a safe and professional work environment.
  • Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.
  • Ability to travel approximately 30%, including internationally.​

Required Qualifications

  • Bachelor's Degree in a related field.

  • Minimum 15 years of progressive leadership experience in a high-volume, multi-product, global manufacturing environment.

  • Minimum 5 years in a hands-on product development technical role.

  • Track record of innovating effectively in a big company environment and delivering safe and effective product solutions on budget and on time.

  • Ability to provide technical guidance to engineering teams in innovating solutions for treatment of complex disease states.

Preferred Qualifications

  • Master's Degree in a related field.
  • Experience in design and development of devices for treating structural heart diseases highly preferred.
  • Significant experience leading process development engineering and infrastructure organizations.
  • Significant experience in identifying and driving Operational change and excellence.
  • Exceptional leadership and people management skills, including demonstrated ability to coach, mentor and develop employees.
  • Experience working in a broader enterprise/cross division business unit model preferred. Ability to work in a highly matrixed and geographically diverse business environment.
  • Ability to work effectively within a team in a fast-paced changing environment.

APPLY NOW

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives:  www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter Abbott

News and AbbottGlobal:

The base pay for this position is

$247,300.00 – $494,700.00In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Product Development

DIVISION:

SH Structural Heart:

LOCATION:

United States > Santa Clara : Building B - SC

ADDITIONAL LOCATIONS:

United States > Minnesota > Plymouth : 5050 Nathan Lane N

WORK SHIFT:

Standard

TRAVEL:

Yes, 25 % of the Time

MEDICAL SURVEILLANCE:

Not Applicable

SIGNIFICANT WORK ACTIVITIES:

Keyboard use (greater or equal to 50% of the workday)

Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.

  • EEO is the Law link

  • English: http://webstorage.abbott.com/common/External/EEO_English.pdf

  • EEO is the Law link

  • Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf

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About Abbott

Abbott

Abbott

Public

Abbott is a global healthcare company that develops medical devices, diagnostics, branded generic medicines, and nutrition products.

10,001+

Employees

Abbott Park

Headquarters

Reviews

3.4

10 reviews

Work Life Balance

2.5

Compensation

4.0

Culture

2.8

Career

3.2

Management

2.5

45%

Recommend to a Friend

Pros

Good benefits and compensation

Supportive management/teams

Good company reputation and mission

Cons

Poor management and communication

Stressful work environment

Limited career advancement/favoritism

Salary Ranges

1,330 data points

Junior/L3

L3

Junior/L3 · Product Manager

0 reports

$178,380

total / year

Base

$144,000

Stock

$7,380

Bonus

$27,000

$151,623

$205,137

Interview Experience

3 interviews

Difficulty

2.7

/ 5

Duration

14-28 weeks

Offer Rate

67%

Experience

Positive 67%

Neutral 33%

Negative 0%

Interview Process

1

Application Review

2

Recruiter Screen

3

Phone Screen

4

Hiring Manager Interview

5

In-person/Final Interview

6

Offer

Common Questions

Technical Knowledge

Behavioral/STAR

Past Experience

Culture Fit