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 109,000 colleagues serve people in more than 160 countries.
Our nutrition business develops science-based nutrition products for people of all ages, from helping babies and children grow, to keeping adult bodies strong and active. Millions of people around the world count on our leading brands - including Similac®, PediaSure®, Pedialyte®, Ensure®, Glucerna® and ZonePerfect® - to help get the nutrients they need to live their healthiest life.
Our location in Columbus, OH currently has an opportunity for Sr. Brand Manager- Therapeutic Nutrition Institutional Marketing Design
WHAT YOU'LL DO
Leads and directs all marketing activities for the assigned product line(s) or business including P&L responsibility. Responsible for the development, management, and execution of strategies, innovation, and programs to effectively achieve commercialization, profit margin and business plan objectives. Directs and supervises a staff including one or more Brand Managers and Advertising/ Promotions Managers. Additional responsibilities include development of innovation pipeline, long-term equity management, strategic business planning, forecasting, Adverting Promotions & Gratis (AP&G) budget management, financial analysis, and project management.
Responsible for directing all direct consumer marketing activity associated with the Adult Institutional portfolio of brands (eg. Juven, ProMod, Surgery, Ensure, Glucerna)
Develop and provide strategic planning and commercial input to the development of the assigned product line. Develop brand/portfolio equity, positioning, campaign ideas.
Direct the analysis of the business; oversee the identification of key segment business drivers, priorities, and growth opportunities.
Establish marketing strategies for product(s) including advertising/promotions, pricing strategy, distribution channel management, product development, consumer tactical plan development and execution
Participate in the development of business plans, identify areas of concern, and modify marketing programs to address changes in the marketplace.
Develop long term innovation portfolio pipeline, in partnership with cross functional team
Determine and manage the allocation of product budget to maximize ROI.
Develop and execute financial models, market distribution, and launch plans, pricing/reimbursement strategy, distribution/ service strategy, situation analysis and assessment of opportunities, ongoing surveillance of emerging technologies and competitive activities, advisory boards and focus groups.
Assess new indications and potential market expansion opportunities.
Drive product positioning and competitive selling strategies
Present brand and marketing programs to Sr. Management.
Collaborate with internal and external stakeholders to achieve objectives. These groups include external customers and consumers, Field Sales, R&D, Regulatory Affairs, Manufacturing, Logistics, Public Affairs, Marketing and Executive Management and external vendors or agencies.
ACCOUNTABILITY / SCOPE / BUDGET:
Commercial Marketing- Responsible for multiple product lines and/or a significant business or product line. Incumbent is accountable for all aspects of managing the product line including P&L. Actions and decisions can affect attainment of Therapeutic and Division financial goals and objectives.
7-10 years of progressively responsible product management experience in either health care & Consumer packaged goods or OTC marketing
Financial and budget management experience and skills.
Demonstrated effective leadership competencies.
Demonstrated leadership and success in project management.
Proven ability to develop and execute complex strategic business plans.
Strong analytical skills including experience with financial models.
Knowledge of applicable regulatory standards and requirements for infant formula and nutritionals.
Strong communication and presentation skills.
Ability to collaborate with cross-functional teams to attain business objectives.
* person must reside in Columbus, OH or be willing to relocate
EDUCATION AND EXPERIENCE YOU'LL BRING
Education Requirements: BA/BS Degree in Marketing. MBA strongly preferred due to the business complexity and P&L responsibility of the position.
WHAT WE OFFER
At Abbott, you can have a good job that can grow into a great career. We offer:
Training and career development, with onboarding programs for new employees and tuition assistance
Financial security through competitive compensation, incentives and retirement plans
Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
Paid time off
401(k) retirement savings with a generous company match
The stability of a company with a record of strong financial performance and history of being actively involved in local communities
Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.
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 109,000 colleagues serve people in more than 160 countries.