Job Information
Medtronic Engineering Program Director in Minneapolis, Minnesota
We anticipate the application window for this opening will close on - 15 Jan 2025
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
Engineering Program Director
Careers That Change Lives
At Medtronic, we push the limits of what technology can do to make tomorrow better than yesterday and that makes it an exciting and rewarding place to work. We value what makes you unique. Be a part of a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.
The Engineering Program Director will have responsibility for managing the project portfolio management process for the Cardiac Surgery Global Development Portfolio. Additionally, the Engineering Program Manager will be responsible for leading a team consisting of Core Team Leaders, Program Managers, and Project Management Specialists. This role is responsible for managing the processes for strategic planning, governance, and investment management for the Global CS New Product Development portfolio. The Engineering Program Director must have expertise in program planning, financial planning, portfolio management, Portfolio governance processes, and Project/Program management.
We’re seeking a self-starter with strong strategic and analytical thinking skills. Excellent communication and facilitation skills, as well as the ability to be flexible and navigate dynamic environments will be keys to success. This role will report directly to the VP of R&D, who is responsible for the Global CS R&D Portfolio.
The Cardiac Surgery Operating Unit develops life-restoring therapies and healthcare solutions that span the care continuum; integrating technologies and applying clinical and economic evidence to increase patient access, improve efficiency of procedures and deliver successful patient outcomes.
This position is based in Dexter, MI within the Cardiac Surgery (CS) Operating Unit and requires to be on-site.
We believe that when people from different cultures, genders, and points of view come together, innovation is the result —and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.
A Day in the Life
In general, the following responsibilities apply for the Engineering Program Director role. This includes, but is not limited to, the following:
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.
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.
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. Champion continuous improvement initiatives in portfolio management capability.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.Escalate issues that threaten portfolio success.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 stakeholders 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
Provides the strategic framework to develop project portfolio goals that will cascade from the top and supports the business to achieve these goals.
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
Interface with all relevant stakeholders on key portfolio updates, priorities, strategies and portfolio changes.
Exceptional interpersonal skills and proven ability to work with team members across functions and geographies and at all levels through an open, engaging, and collaborative style
Skilled at planning, organizing, prioritizing, and performing simultaneous projects and activities
Demonstrated talent to quickly assess situations, identify problems, and offer clear and concise plans to resolve them
Confirmed capability to work well under pressure and to adapt quickly to change
KEY RESPONSIBILITIES:
Portfolio Management
Portfolio data integrity
Portfolio forecasting and scenario planning
Qualifications –
Must Have - Minimum Requirements
TO BE CONSIDERED FOR THIS ROLE, PLEASE BE SURE THE MINIMUM REQUIREMENTS ARE EVIDENT ON YOUR RESUME
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
Nice to Have
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.
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health, and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
PHYSICAL JOB REQUIREMENTS - The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
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.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
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.
Salary ranges for U.S (excl. PR) locations (USD):$187,200.00 - $280,800.00
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.
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
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. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here (http://www.medtronic.com) .
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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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. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will…
Build a better future, amplifying your impact on the causes that matter to you and the world
Grow a career reflective of your passion and abilities
Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
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