Product Development Director, M&T R&D
Location: Parkmore, County Galway, Ireland
Time Type: Full time
Posted on: Posted Yesterday
Time left to apply: End Date: November 23, 2024 (8 days left to apply)
Job Requisition ID: R7347
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 Product Development Director has the primary responsibility and authority as the functional leader of the product development engineering team supporting Transcatheter Mitral and Tricuspid therapies for the Structural Heart & Aortic business.
Reporting to the VP of R&D, the leader is responsible for hiring engineering staff and strengthening appropriate technical competencies aligned with the scope of active and future R&D projects. The leader is expected to maintain a strong engineering organization as well as directly contribute to the technical strategy and execution of projects. The leader will ensure appropriately skilled engineers are assigned to global product development teams with efforts spread across a continuum from early concept through commercialization. The leader will be a part of the Mitral and Tricuspid R&D Leadership Team responsible for strategy and execution of the R&D portfolio and ensuring that new products are delivered on time and meet functional and operational goals including Quality, Manufacturability, Performance, Cost, and Flawless Launch.
This leader works with global, cross-functional peers to develop the strategy, systems, processes, and organizational structure to deliver on the product portfolio pipeline through internal development as well as via external partnerships. This requires significant breadth of knowledge in medical device product development as well as management of a broad range of disciplines required to bring products to market.
A Day in The Life Of:
* Develops and maintains the talent/people strategies ensuring that high caliber talent is being selected, managed, and deployed for maximum impact.
* Partners with the cross-functional and project leaders to ensure that Product Development teams prioritize quality and engineering rigor while achieving business objectives.
* Oversees the investigation and evaluation of existing technologies.
* Participates in developing portfolio strategy and supports engineering execution within project teams.
* Manages functional cost center and department spending in line with business guidance.
* Fosters teamwork and collaboration between functional and project leaders.
* Provides functional and department leadership to organization and oversees, along with Human Resources, organizational plans, performance management, salary administration, and employee relations issues.
* Recruits, hires, develops, and manages engineering staff. Actively assures the retention, recognition, and development of team members throughout the organization.
* Actively works to promote employee engagement through organizational diversity and team building.
* Drives a culture/environment of operational excellence and continuous improvement.
* Manages and develops talent effectively by defining clear expectations and motivating for high performance. Practices and models the development, coaching, and mentoring for employees.
* Ensures the quality policy/system is understood, implemented, and maintained by ensuring compliance within the department.
Key Skills & Experience
* Requires a Bachelor's degree and minimum of 10 years of relevant experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of relevant experience with 7+ years of managerial experience.
* Requires broad management and leadership knowledge to lead multiple job areas, and detailed functional and operational expertise.
* Typically has mastery level knowledge and skills within a specific technical or professional discipline with a broad understanding of other areas within the job function.
* Autonomy: Manages department(s) or region that includes multiple teams led by managers and/or supervisors.
* Organizational Impact: Leads the development of the strategy for own department or business area, ensuring links to the company’s aims and objectives.
* Management authority to make large business decisions and some strategic decisions.
* Decisions impact the financial performance, employees, or public image of the operational unit and/or company.
* Typically has budget or P&L accountability for a department, broad functional area, or geography.
* Innovation and Complexity: Drives innovation across the business area, encouraging best practice and knowledge sharing.
* Up to 25% Travel Requirement as needed.
Medtronic offers a competitive salary and flexible Benefits Package.
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.
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.
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.
About Medtronic
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.
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.
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