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Full-Time

Senior R&D Engineering Manager

Posted on 9/18/2024

Medtronic

Medtronic

5,001-10,000 employees

Develops and manufactures medical devices and therapies

Healthcare
Biotechnology

Compensation Overview

$160k - $240kAnnually

+ Short-term Incentive

Senior, Expert

Irvine, CA, USA

Category
Engineering Management
Product Engineering Management
Required Skills
R
Requirements
  • Bachelors degree in Engineering a related technical discipline required
  • Minimum of 7 years of relevant experience with 5+ years of managerial experience, or advanced degree with a minimum of 5 years of relevant experience with 5+ years of managerial experience
Responsibilities
  • Develop a high-performing R&D engineering team focusing on development of next generation technologies for Neurovascular Hemorrhagic therapies
  • Interface with external partners and customers to collect and understand needs
  • Drive development activities through both internal and external capabilities
  • Partner with third party manufacturers as needed to accomplish organizational objectives
  • Align with organizational strategy and deliver on project goals
  • Manage budgets, schedules, and team performance
  • Coach, mentor, and develop talent for high performance
  • Collaborate cross functionally and cross-business to investigate new robust and innovative technologies in alignment with R&T and R&D Roadmaps
  • Provide technical expertise for product development programs
  • Guide and mentor product development teams to design robust next generation technologies and solve complex technical problems
  • Influence strategy and direction of the Neurovascular and R&D organizations
  • Develop external partnerships with KOLs (key opinion leaders) in the Neurovascular space
  • Travel (Domestic and International) < 25 % of the time

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals and healthcare professionals around the world. Medtronic stands out from competitors by not only focusing on product development but also offering comprehensive services such as training for healthcare providers and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through their advanced medical solutions.

Company Stage

IPO

Total Funding

$3.2M

Headquarters

Fridley, Minnesota

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Medtronic's recent product innovations, such as the InterStim Micro Neurostimulator and remote monitoring systems, highlight its commitment to advancing medical technology.
  • The company's expansion in Asia, including the launch of the Robotics Experience Studio, indicates strong growth potential in emerging markets.
  • Strategic partnerships and acquisitions, like the collaboration with Ramsay Health Care and the acquisition of Paceart Optima, enhance Medtronic's capabilities and market position.

What critics are saying

  • The highly competitive medical technology market requires Medtronic to continuously innovate to maintain its leadership position.
  • Integration challenges from acquisitions and partnerships could potentially disrupt operations and delay product development.

What makes Medtronic unique

  • Medtronic's extensive R&D investment enables continuous innovation in medical technology, setting it apart from competitors who may not have the same level of resources.
  • The company's global reach, operating in over 150 countries, provides a significant advantage in market penetration and customer base.
  • Medtronic's comprehensive suite of products and services, including training and patient management programs, offers a holistic approach to healthcare that many competitors lack.
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