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Sr Product Manager at Philps

NEW
Location
Bengaluru, Karnataka
Job type
Full time
Posted 1 day ago
Description

About the job


Job Title


Sr Product Manager 3rd party


Job Description


Sr Product Manager-3rd Party Solutions


As a Sr. Product Manager – 3rd Party Solutions, you contribute to improving people’s health and well‑being through meaningful innovation. In this role, you support the Image Guided Therapy Systems business by developing and managing integrated third‑party hardware, software, and AI solutions. You work closely with customers, partners, markets, and internal teams to continuously improve our offerings.


Your Role


  • Lead the development, onboarding, and business performance of third‑party propositions integrated with Image Guided Therapy Systems.
  • Coordinate the business unit’s third‑party market requests to ensure timely release and delivery of partner solutions.
  • Manage selected strategic third‑party partnerships, ensuring lifecycle management and roadmap alignment with IGT.
  • Streamline go‑to‑market processes for third‑party solutions in collaboration with Regulatory, Supplier Quality, Procurement, and other internal stakeholders.
  • Drive the IGT strategy for building a third‑party software ecosystem by onboarding and managing key software partners.
  • Own execution and reporting of business performance for key areas of the third‑party portfolio (e.g., order intake, margin).
  • Optimize pricing and portfolio management for designated third‑party offerings.
  • Support creation of integrated propositions based on market and customer insights, including value proposition, claims, pricing strategy, and target segment definition.


You Are Fit If


  • A master’s degree in business administration, Marketing, or a related field with a strong academic record.
  • At least 6 years of product management experience in an international high‑tech environment, ideally with exposure to external partners and third‑party suppliers.
  • Expertise in market segmentation, product and service strategy, competitive analysis, and value proposition development.
  • Strong analytical and conceptual skills, with the ability to synthesize customer and market insights.
  • Excellent communication and collaboration skills, with the ability to influence stakeholders and work effectively across sales and marketing teams.
  • An entrepreneurial, structured, and customer‑driven mindset with a strong affinity for healthcare.


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.


This role is an office-based 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.



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.

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Frequently Asked Questions

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Why Work at Philips

Philips is an innovative leader in technology and healthcare solutions, making it an ideal place for those looking to be at the forefront of meaningful innovations. With a history rooted in enriching lives, Philips offers a culture that values diversity, inclusion, and a commitment to sustainability. Employees at Philips can take pride in knowing they are contributing to products and services that truly make a difference in people's lives worldwide.

At Philips, employees find themselves in a dynamic working environment with a strong emphasis on career development. The company boasts numerous opportunities for learning and advancement, supported by comprehensive training programs and mentorship from leaders in the industry. Working at Philips means being a part of a global team that encourages sharing ideas and innovating together.

Employee well-being is also a fundamental focus at Philips. The company offers flexible working hours, competitive benefits, and a supportive workplace culture that prioritizes work-life balance. In essence, Philips is more than just a workplace; it is a community committed to personal development, professional growth, and the collective pursuit of advancing society through innovative solutions.

What’s it Like to Work at Philips

Working at Philips means being surrounded by brilliant, dedicated individuals who share a common mission of making a positive impact on the world. The work environment is collaborative and inclusive, where every team member's voice is heard, appreciated, and respected. Employees experience a sense of belonging and are encouraged to bring their authentic selves to work every day.

Philips fosters an open culture where innovation is not just encouraged but is an intrinsic part of the organizational DNA. Solutions are developed by cross-functional teams that bring together diverse talents and insights, driving creativity and excellence. The company's commitment to sustainability and corporate responsibility is reflected in its projects and practices, allowing employees to feel proud of their contributions.

Weekly team meetings, regular training sessions, and creative brainstorming workshops keep everyone engaged and aligned with the company’s goals. Philips' global presence also offers opportunities to work with colleagues from different countries, providing a rich, diverse experience that enhances both personal and professional growth.

What’s it Like to Work as a Sr Product Manager at Philips

As a Sr Product Manager at Philips, you'll be at the helm of driving product strategy and execution for some of the market's most innovative solutions. The role is both challenging and rewarding, offering an opportunity to lead cross-functional teams that include engineering, design, marketing, and sales. You will be responsible for shaping product vision and ensuring that Philips continues to deliver solutions that meet customer needs and set industry benchmarks.

The position demands strategic thinking, a customer-centric approach, and the ability to translate complex technical concepts into accessible, market-ready products. You will have the autonomy to innovate while being supported by a robust framework of resources and expertise. The collaborative environment fosters continuous learning, offering access to the latest industry trends and technological advancements.

Being a Sr Product Manager at Philips involves interacting with global teams and stakeholders, thus enhancing your international business acumen. The role is pivotal in ensuring Philips maintains its competitive edge, providing a professional landscape that is both dynamic and full of potential for career progression.

Sr Product Manager Interview Questions at Philips

Interviewing for a Sr Product Manager position at Philips typically involves a mixture of technical, behavioral, and scenario-based questions. Potential interview questions may include:

  1. Technical Questions:

    • How do you prioritize features when developing a new product?
    • Can you describe a time when you turned a complex technical requirement into a simple and understandable product feature?
  2. Behavioral Questions:

    • Tell us about a challenging project you managed and the strategies you employed to ensure its success.
    • Describe a situation where you had to lead a diverse team towards a common goal. How did you handle different viewpoints?
  3. Scenario-Based Questions:

    • Imagine you are given two equally critical projects with tight deadlines. How would you handle resource allocation?
    • How would you approach developing a product for a market you are not familiar with?

These questions help Philips gauge not just your qualifications, but your problem-solving capabilities, leadership potential, and cultural fit within the organization.

Sr Product Manager Interview Preparation at Philips

Preparing for a Sr Product Manager interview at Philips necessitates a deep understanding of both the role and Philips’ culture. Candidates should begin by thoroughly researching Philips’ history, mission, and product offerings to align their experiences with the company’s objectives. Understanding Philips’ competitive landscape can also provide insights into how the company's products are positioned in the market.

Candidates should prepare examples that demonstrate their competencies in leadership, innovation, and cross-functional teamwork. Practicing responses to potential technical questions can help articulate complex ideas clearly and concisely.

Moreover, staying updated on current industry trends and technologies in healthcare and consumer electronics, areas where Philips is a leading player, can give candidates an edge during technical discussions. Understanding Philips' commitment to sustainability and innovation can also add value to your responses, showcasing your alignment with the company’s values.

Sr Product Manager Interview Tips at Philips

When interviewing for the Sr Product Manager role at Philips, consider these tips to enhance your chances of making a great impression:

  1. Understand the Philips Culture: Philips prides itself on values such as teamwork, innovation, and respect. Demonstrating an alignment with these values during the interview can set you apart from other candidates.

  2. Highlight Leadership Experience: As a Sr Product Manager, leadership is key. Ensure you share clear, specific examples of how you have led teams and projects to success.

  3. Emphasize Problem-Solving Skills: The role will require navigating complex scenarios. Be ready to share instances where you creatively addressed challenges.

  4. Be Customer-Centric: Product management at Philips is driven by customer needs. Be prepared to discuss how you have used customer feedback to guide product decisions.

  5. Clarify Your Career Vision: Philips looks for candidates with a keen vision for their careers. Articulate clearly how this role fits into your career path and how you plan to contribute to Philips’ success.

  6. Engage with the Interviewers: Show genuine interest and engage with the interviewers by asking insightful questions about Philips, the team you will be working with, and expectations for the role.

In conclusion, the Sr Product Manager position at Philips is not only a career opportunity but a chance to make a significant impact in the fields of technology and healthcare. Preparing thoroughly, understanding the company's ethos, and demonstrating your leadership and technical capabilities can set you on the path to success at Philips.