Principal Portfolio Manager

Principal Portfolio Manager

Work Flexibility: Hybrid

As Principal Portfolio Manager, you'll take the lead in shaping a critical portfolio for Stryker's Sustainability Solutions business and accelerate growth in a dynamic, mission-focused environment.

Lead market strategy by forecasting trends, anticipating competitive shifts, and identifying new customer opportunities.

Drive the full product lifecycle in partnership with cross-functional teamsfrom uncovering unmet needs through business case financial modeling to development and seamless hand-offs to downstream marketing.

Shape long-term portfolio and business strategy, ensuring clear alignment across stakeholders and guiding the organization toward sustained growth.

In this role, you will be required to travel up to 30% within the US. We offer hybrid work flexibility, and you can work from home Mondays and Fridays.

Relocation assistance is available for candidates open to relocating near Tempe, AZ.

What You Will Do

• Monitor market activity, penetration and competitive wins or losses
• Identify new customer groups and tailor marketing strategies to meet both current and prospective customer needs
• Build relationships with key opinion leaders and establish relationships with new thought leaders
• Analyze unmet needs to identify product and service opportunities. Able to summarize qualitative and quantitative studies, drawing actionable conclusions for the business.
• Identify market trends and proactively adjust strategy based on healthcare environment
• Lead the new product development process (NPDP) from start to finish, engaging key internal stakeholders along the way
• Collaborate cross-departmentally to participate in the NPDP process
• Lead the execution strategy for the defined portfolio
• Communicate long-term portfolio strategy to key stakeholders to gain organizational alignment
• Lead product life cycle management of the portfolio from launch to obsolescence
• Partner with R&D to anticipate future needs and the strategic assets needed to compete
• Partner with Clinical Affairs to generate clinical trials, research grants, and cost-benefit analysis papers to support clinical claims strategy
• Align customer acquisition or retention strategies to the broader portfolio strategy
• Align the portfolio segment strategy to broader business strategy
• Create and recommend a category definition based on the strategic phase of the business
• Understand how to target customers based off of total market potential and opportunity
• Continually monitor market trends and make recommendations on market opportunity and strategic focus
• Effectively use appropriate benchmarks and document key assumptions when developing forecasts
• Develop and incorporate the product lifecycle management (PLMC) plan into the initial strategy
• Manage price competition and assures alignment with overall business unit pricing goals
• Monitor effectiveness of all marketing channels and promotional campaigns

Required

• Bachelor's degree required
• 8+ years of work experience required
• 5+ years medical device or marketing/sales experience
• Excellent presentation and interpersonal communications skills
• Strong analytical and problem-solving skills
• Ability to manage multiple projects while delivering on established timelines
• Experience creating marketing strategy and business case financial models

Preferred

• MBA preferred
• Medical Device industry experience
• Experience utilizing the "Big Picture Framework"
• Portfolio Management experience
• Financial Modeling experience

Travel Percentage: 30% Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer M/F/Veteran/Disability.