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Engineering Program Director – Cardiac Surgery
Company | Medtronic |
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Location | Brooklyn Park, MN, USA |
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Salary | $194400 – $291600 |
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Type | Full-Time |
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Degrees | Bachelor’s, MBA |
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Experience Level | Senior, Expert or higher |
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Requirements
- Bachelor’s degree required in engineering, math, statistics, or a technical discipline
- Minimum of 10 years of technical experience, or advanced degree with a minimum of 8 years technical experience with 7 years of managerial experience
Responsibilities
- Develops and manages framework for continued assessment of the CS New Product Development (NPD) portfolio, facilitating the prioritization of opportunities and driving the performance of the NPD portfolio.
- Change Leader for the integration of Portfolio management process as standard work practice for the OU leadership staff and leads collaboration with senior executives to design ongoing portfolio reporting by business area, up to the Operating Unit President.
- Provide PDP, Core Team, and design control training to CS PDP teams and functional mgmt.
- Lead Global CS NPD Governance process within the CS OU for Product Development and Release Product Management portfolios, to assess project spending & processes, and manage and track spend/investment progress.
- Lead annual finance scenario planning process for Global NPD inclusive of gathering project requests, assessing strategic alignment, developing recommendations, and providing guidance to team members on case development, as needed.
- Serve as CS representative on corporate and/or CV4 design focused initiatives. Also supports internal and external QMS and regulator audits for design controls and PDP processes.
- Contribute to the establishment of a common set of practices, tools, and templates for project and portfolio management and oversees the implementation of CS’s new PPM solution.
- Define and assess KPIs showing the performance of the portfolio and use metrics and data visualization to report progress and support data-driven decision-making at the organization level.
- Partners with key business stakeholders, including CS Operating Unit Functional leaders, to provide visibility into overall portfolio performance and serves as trusted advisor on transformation programs and intended benefits.
- Develop models for near-long term portfolio planning and forecasting of financial spend over x (Year/month) horizons.
- Responsible for portfolio data quality process to ensure a high level of precision in portfolio reporting.
- Work with Therapy Strategy Teams to create a roadmap for future development aligned and prioritized to deliver the CS strategic objectives.
- Manage the process for portfolio project, finance, resource capacity and allocation forecasting, inclusive of internal and external resources, ensuring robust scenario planning engagement with relevant stakeholders.
- Influence PMO functional initiatives/PMO assignments, ensuring consistent project & portfolio management processes with Medtronic’s APM process, and the optimization of PM practices to broaden and enable more analytical and predictive PMO capabilities in the future.
- Lead and maintain the processes to support the senior management, governance bodies, and functions in the continual improvement of performance and productivity through proactive data analysis (historical and forecasted, internal and benchmark).
- Support and lead cross-functional teams in preparation for portfolio reviews and governance body reviews.
Preferred Qualifications
- MBA
- Project Management certification
- 10 years of experience in portfolio management, portfolio performance analytics, resource planning/utilization, financial analysis/budgeting in collaboration with leadership.
- Demonstrated 10 years of progressive people leadership experience.
- Broad management and leadership knowledge to lead multiple job areas, and detailed functional expertise.
- Strong understanding of stakeholder management; budget management and risk management.
- Demonstrated opportunity and ability to influence senior management.
- Demonstrated ability and experience in Portfolio Management.
- Experience developing and managing business case life cycle management – including pressure testing outcomes with key business owners and managing progress, risks / mitigations and execution.
- Experience effectively facilitating robust strategic planning processes, including developing compelling roadmaps, effectively driving cross-functional leadership forums to gain alignment on priorities / goals, and collaborating with business partners to measure progress.
- Experience collaborating cross-functionally in a matrix structure and influencing stakeholders at all levels of the organization.
- Experience assessing a portfolio – identifying and evaluating cross-functional-dependencies and value acceleration opportunities.