Product Manager

About Abbott
Abbott is a global healthcare leader, creating breakthrough science to improve
people 's health. We're always looking towards the future, anticipating
changes in medical science and technology.
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 will have access to:
* Career development with an international company where you can grow the career you dream of.
* 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.
Nutrition
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.
PRODUCT MANAGER
Overall Summary
* The PM is fully accountable for the brand P &L and achievement of Plan goals.
* Demonstrates a thorough understanding of market research results, historical trends and business results, competitive offerings, R&D and manufacturing capabilities, clinical results, etc. and applies knowledge to identify new claims and consumer needs/gaps.
* Possesses an in-depth understanding of legal and regulatory standards/requirements (e.g., patents, monographs) and uses that information to influence product direction and development of strategic plans.
* Effectively manages business planning process from creation to completion, i.e. Business Reviews, Strategic Planning Sessions, Brand Plan writing.
* Anticipates future issues, unforeseen changes in market conditions and implications of a given situation; demonstrates ability to address problems before they escalate and ensures contingency plans are in place.
* Has strong handle of business situations and appropriately secures additional management support when needed.
* Consistently develops and implements strategic initiatives that demonstrate understanding of branding and long-term equity building.
* Demonstrates ability to develop project plans by defining scope, leveraging resources, obtaining funds and securing Sr. Management buy-in.
* Delivers on short term on-going programs by ensuring that all key steps of the projects are completed, for all drivers; i.e. HCP, Consumer, Retail and Hospital.
* Participates / Leads new product introductions through planning and implementation of key programs.
* Able to formulate and have confidence in a plan/recommendation based on limited/incomplete data.
* Handles pressure and competing demands with ease and provides a controlled sense of commitment.
Detailed Tasks - Weekly/Monthly/Annually
Weekly
* Tracks, follows, delivers on key marketing projects and make sure that they are delivered as per the brand tactical plan.
* Lead activities of functional areas, advertising agency and suppliers.
* Responds to queries/info needs from marketing teams and other customers.
* Translates analytical findings & knowledge into actionable short-term and long-term strategies.
* Establishes a good rapport with internal/external constituents (e.g., RA, MA, Legal, Global Marketing, R&D, supply partners) which enables opportunities/issues to be addressed in a timely manner and results in others eagerly participating and taking on additional work.
* Directs, motivates and effectively marshals people resources to ensure achievement of goals.
* Organizes and communicates information in a manner consistent with the audience and foresees concerns/issues relevant to particular parties.
Monthly
* Manages market analysis and key financial responsibilities such as: monitoring monthly spending, consumption models, forecasting, etc.
* Understand & Update monthly consumption ship share along with the team's senior marketers.
* Support the monthly Sales and Operating Planning process.
* Ensures project deliverers and objectives are being met by monitoring team member progress of work plans, providing guidance and adjusting work project priorities and resources.
* Closely monitors business performance and on multiple fronts; makes changes and adapts business plans as necessary.
* Negotiates and influences effectively internal customers/stakeholders/ colleagues for competing resources and direction (e.g., financial, shared talent resources, copy development).
* Effectively leads and influences team decision-making and gains buy-in by recognizing different viewpoints and challenging the status quo.
* Supports involvement from colleagues and external team members (e.g., ad agency, vendors) and alters strategies/position when appropriate.
Annually
* Meets w/ marketing teams to review strategic issues and gain understanding of business needs.
* Engages in and interpret ongoing market research projects to validate brand positioning and promotional direction for the brand.
* Participates in the development of annual financial plans including volume forecasts and financial presentations.
* Participates in preparation of annual Brand Plans, and long range financial plans.
* Maintains an ongoing commitment to learning and personal development to prepare for upward mobility.
* Twice per year, plans and coordinates the sales cycle meetings as well as assuring to be well prepared to roll out programs and tools on time.
Knowledge
* Set vision and strategy
* Customer Focus
* Build our organization and inspire
* Integrity and Trust
* Know the business
* Planning
* Drive for results
* Organizational Savvy
* Make the difficult decisions
* Presentation Skills
* Encourage open exchange - team player
* Financial Skills
Requirement-
* Minimum ‎5 Years in Job as Product Manager
* Ability to take key actions and demonstrate behavioral anchors that support all Abbott Leadership Competencies.
* Transferable Residency in Kuwait
* Experience in Social & digital marketing with Proven record of Success & placing clear KPI to track success for activities done
* Experience in Nutritional Company is an advantage