Product Manager

Your role:

As the Product Management, you will drive the strategic direction, innovation, and lifecycle success of a high-impact product portfolio. This role blends deep market insight with cross-functional leadership to deliver differentiated solutions that meet serviceability needs, achieve commercial success, and shape the future of serviceability across subsystems.

You will own the end-to-end product strategy—from ideation to obsolescence—ensuring alignment with business goals, customer expectations, and regulatory standards. Your leadership will influence product roadmaps, go-to-market execution, and portfolio profitability, while fostering a culture of excellence across the product management team.

Key Responsibilities

Strategic Product Leadership

• Define and execute the serviceability product strategy aligned with business objectives and market trends.
• Lead product lifecycle management including roadmap development and obsolescence.
• Translate business strategy into actionable product plans that drive growth, innovation, and value creation.
• Define Product Vision

Market & Customer Insight

• Deeply understand customer needs, product direction.
• Analyze market data, competitive intelligence, and regulatory dynamics to inform claims strategy and product positioning.
• Engage with Stakeholders to validate product concepts and amplify market influence.

Cross-Functional Execution

• Collaborate with R&D, marketing, sales, regulatory, and operations to ensure successful product development and launch.
• Champion the Value Proposition Canvas (VPC) and Product Development Lifecycle Management (PDLM) frameworks.
• Drive go-to-market strategies and ensure market readiness across global regions. Portfolio & Financial Management
• Own business case development and realization for new and existing products.
• Optimize product cost structures and margins through pricing strategies and operational efficiencies.
• Monitor and enhance portfolio performance across categories, ensuring technical and commercial simplicity.

Team & Talent Development

• Lead and mentor a team of Product Managers, fostering a high-performance culture.
• Oversee succession planning, talent acquisition, performance management, and career development.
• Align team goals with organizational priorities and operational excellence.

Governance & Compliance

• Ensure adherence to regulatory requirements, quality standards, and budgetary constraints.
• Manage cross-Business and Cross region product introduction and optimization roadmaps.
• Maintain operational efficiency through structured planning and performance tracking.

Success Metrics

• Clear Vision, aligned and prioritized requirement
• Customer satisfaction
• First time right
• Cost optimization
• Team engagement and talent retention
• Strategic alignment with innovation and business goals

You're the right fit if:

• Bachelor's/ Master's Degree in Business Administration, Engineering, Product Management or equivalent.
• Overall 15+ yrs of experience, 11+ years of experience in areas such as Product Management or equivalent.
• Strategic execution – helping products/businesses achieve strategic objectives.
• Market-focused / building strategic relationships with key executive stakeholders
• Ability to work collaboratively across a matrixed environment, working relationships with various business units
• Experienced in characterizing value propositions
• Inspiring and able to motivate a large global team

How we work together

We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.

Onsite roles require full-time presence in the company’s facilities.

Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.

Indicate if this role is an office/field/onsite role.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.

• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.

If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care here.