Director, Portfolio & Program Management

Frederick, MD
June 21 2017
Position Type
Full Time
Job Description

When you're part of the team at Thermo Fisher Scientific, you'll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you'll be supported in achieving your career goals.

Position Summary
Director's responsibility is three-fold:

  • Partners with Business Unit (BU) product management, R&D and marketing leadership to develop the portfolio strategy & annual plan, focusing on R&D utilization. Leads regular review of the portfolio with BU leadership team, drives prioritization, status updates and revenue reporting for all BU New-Product-Introduction (NPI) programs.
  • Ensures best practices of Program Management are followed by all NPI teams in the BU, with the goal of not only delivering products of high quality and value to the organization, but also of delivering them within the agreed-upon metrics of schedule, resources, budget and scope.
  • Functionally manages a team of program managers who lead NPI programs within the division.

Portfolio Management:

  • Partners with BU leadership to integrate multiple segments into a cohesive BU strategy and annual plans, focusing on R&D utilization, in alignment with divisional strategy. Facilitates creation and implementation of an NPI portfolio roadmap, aligned with BU strategy.
  • Leads regular review of NPI portfolio with BU leadership team, drives prioritization and reports on status & revenue of all BU NPI programs, in coordination with segment portfolio managers.
  • Sits on BU leadership team and contributes to divisional monthly business reviews (MBR) to represent Portfolio & Program Management (PPM) organization.
  • Identifies resource bottlenecks that may be negatively impacting new product development programs and works with extended leadership team to address shorter and longer term.
  • Represents PPM on BU NPI steering committee, also known as the Product Approval Committee (PAC).

Program Management:

  • Leads critical BU NPI programs from initiation through commercial launch. Acts as program champion and leads a cross-functional team to identify and mitigate program risks, in order to successfully deliver all program deliverables. Solve problems and manage crises effectively and independently. Acts as information conduit between core team and leadership; prepares and presents program reviews to PAC as core team representative.
  • Mentors others leading programs in the BU, providing them with high-level BU context & guidance. Provides feedback to functional manager regarding program manager performance in BU NPI programs.
  • Provides feedback to Central R&D about NPI process improvements. Sponsors change initiatives & builds best practices regarding program management & product development in the division.

Functional Management:

  • Communicates standards of portfolio & program management role and responsibility, relative to grade level. Provides feedback & coaching on performance, as well as creation of personal development plans to improve skills set.
  • Assigns program management resources, in partnership with BU portfolio managers
  • Hires new program management talent

Minimum Education/Experience Requirements:

  • Bachelor's degree (B. S. or B.A.), preferred in the Life Sciences, from four-year college or university
  • 10 or more years' combined product development and project management experience, of which a portion must be in the life sciences
  • 4 or more years' experience managing an NPI portfolio.

Required Skills and Attributes:

  • Outstanding communication skills both written and verbal
  • Ability to work without significant direction and is able to recommend modifications to overall direction of portfolio or program in order to meet BU goals
  • Works on complex, multi-faceted problems where analysis may require in depth analysis, as well as imagination
  • Interacts and builds effective relationships with core and extended team members, functional managers, senior management, and customers. Able to influence others or gain acceptance in sensitive situations.
  • Develops and delivers original persuasive presentations to larger groups
  • Gathers feedback on process and practice improvements

Behavioral Competencies:

This person must possess the following behavioral competencies and characteristics. Please note that these are regarded by Thermo Fisher Scientific as equally important to technical competencies and experiences.

  • A strongly pro-active, helpful, ‘can-do' attitude;
  • A creative, resourceful and tenacious problem-solver and solution-finder;
  • Enjoys dealing with people and is able to communicate effectively and concisely at all levels;
  • Self-managing and self-motivating, able to prioritize tasks effectively and meet customer deadlines and expectations;
  • A clear enthusiasm for the role and strong desire to continuously develop and improve own performance and departmental performance;
  • Willingness to put in extra effort (and hours when required) to get the job done properly;
  • Willingness to share technical knowledge with others;
  • Enjoys contributing to the overall success of the company, not just one department, and has commercial awareness of how the department fits in and adds value to the ‘whole picture'.
All of our employees share a common set of values - Integrity, Intensity, Innovation and Involvement. Our ability to grow year after year is driven by our ability to attract, develop and retain world-class people who will thrive in our environment and share in our desire to improve mankind by enabling our customers to make the world healthier, cleaner and safer.

At Thermo Fisher Scientific, each one of our 65,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer. Apply today

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

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