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Product Business Model Capability Manager

Job Title

Product Business Model Capability Manager

Job Description

As a Product Catalogue Manager, you will oversee and optimize the catalogue of products and services, ensuring alignment with business models, commercial launches, and performance data. You will collaborate with cross-functional teams to deliver strategic business initiatives, manage pricing, and drive seamless new product introductions (NPIs).

Your Role:

  • Maintain and update the product/service catalogue in alignment with business models, performance insights, and GTM strategies.
  • Collaborate with marketing, sales, and technical teams to ensure accurate product configurations and seamless commercial launches.
  • Manage business model development initiatives, ensuring timely delivery and cross-functional alignment.
  • Monitor product performance, optimize offerings, and implement catalogue updates based on insights.
  • Support pricing and release processes for NPIs while contributing to commercial launch planning.
  • Partner across teams to align on strategic objectives, including pricing, market positioning, and contracted offerings.
  • Experience with Apttus/Conga and Salesforce is a plus.

You're the right fit if:

  • Bachelor’s degree (MBA preferred) in business administration, economics, computer science, IT, engineering, or related fields.
  • Minimum 7 years of experience in product, project, or program management, global marketing, or managed services.
  • Proven expertise in end-to-end product launch processes, including NPI and SaaS models.
  • Familiarity with subscription and modern business models is advantageous.
  • You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position

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 is an office 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 improve the lives of others.

Philips Transparency Details

The pay range for this position in (Cambridge, MA) is $114,913 -$136,617.60.

The pay range for this position in (Nashville, TN) is $112,000-$180,000.00.

The actual base pay offered may vary within the posted ranges depending on multiple factors including job-related knowledge/skills, experience, business needs, geographical location, and internal equity.    

In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered.  Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more.  Details about our benefits can be found here

At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case. 

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position.  For this position, you must reside in or within commuting distance to Cambridge, MA. or Nashville, TN.

#LI-PH1

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates.  Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.

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Average salary estimate

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$114913K
$136617K

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What You Should Know About Product Business Model Capability Manager, Philips

As a Product Business Model Capability Manager at Philips in Cambridge, Massachusetts, you'll play a vital role in crafting the new dynamics of our product catalogue. Your mission is to ensure that our offerings seamlessly align with innovative business models and performance data. Think of it as being at the crossroads of product management and strategic business initiatives! Here, you'll collaborate closely with marketing, sales, and technical teams to guarantee that every product launch is a success, from configuration to pricing. Your responsibilities will include managing the end-to-end process of new product introductions (NPIs), keeping the product catalogue fresh and relevant, and harnessing insights for optimized product offerings. You'll also take charge of business model development activities, working towards timely execution while keeping all stakeholders in sync. If you have a knack for analytics and a passion for product lifecycle management, this role is perfect for you. Your background will need to include a bachelor's degree in business administration or a related field, along with at least 7 years of experience in similar positions. A familiarity with modern business models and tools like Apttus/Conga and Salesforce is definitely a plus. Joining Philips means you'll be part of a company that's dedicated to improving healthcare for everyone—your work will help make a meaningful impact in people's lives. Are you ready to take on this exciting challenge?

Frequently Asked Questions (FAQs) for Product Business Model Capability Manager Role at Philips
What are the main responsibilities of a Product Business Model Capability Manager at Philips?

The main responsibilities of a Product Business Model Capability Manager at Philips include overseeing the product/service catalogue to ensure it aligns with business models, managing new product introductions (NPIs), collaborating with various teams for seamless launches, and monitoring product performance to implement necessary updates.

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What qualifications are needed for the Product Business Model Capability Manager position at Philips?

To qualify for the Product Business Model Capability Manager position at Philips, candidates should possess a bachelor's degree (MBA preferred) in business administration or a related field, along with a minimum of 7 years of experience in product or project management and a strong understanding of modern business models.

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How does the role of a Product Business Model Capability Manager impact product launches at Philips?

The Product Business Model Capability Manager is crucial for successful product launches at Philips, as they ensure that every product is accurately configured, priced appropriately, and aligned with strategic business objectives, ultimately driving successful commercial outcomes.

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Is experience with Salesforce required for the Product Business Model Capability Manager role at Philips?

While not strictly required, experience with Salesforce and tools like Apttus/Conga is advantageous for the Product Business Model Capability Manager role at Philips, as it can streamline product management processes and enhance overall efficiency.

Join Rise to see the full answer
What is the work culture like at Philips for a Product Business Model Capability Manager?

The work culture at Philips emphasizes collaboration and teamwork. As a Product Business Model Capability Manager, you will work closely with cross-functional teams, reflecting the company's belief that working together fosters better results in improving healthcare and enhancing lives.

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Common Interview Questions for Product Business Model Capability Manager
Can you describe your experience with product lifecycle management?

In answering this question, highlight specific projects you’ve managed and the results achieved, showcasing your familiarity with the end-to-end product launch processes and your ability to collaborate with diverse teams to optimize workflows.

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How do you prioritize tasks when managing multiple product launches?

Discuss strategies such as using project management tools, maintaining open communication with stakeholders, and analyzing data to prioritize tasks efficiently while meeting deadlines for multiple launches.

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What approaches do you take when monitoring product performance?

Explain your methods for collecting and analyzing performance data, including using KPIs and customer feedback to make informed decisions about product improvements and adjustments.

Join Rise to see the full answer
Can you give an example of a successful product introduction you managed?

Provide a detailed example, focusing on your role, the challenges encountered, how you collaborated with your team, and the end results of the product introduction, emphasizing both metrics and qualitative feedback.

Join Rise to see the full answer
How familiar are you with subscription business models, and how would it influence your work here?

Showcase your understanding of subscription models by discussing their implications on product pricing and customer retention strategies, and how this knowledge can enhance your contributions as a Product Business Model Capability Manager at Philips.

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How do you handle disagreements within a cross-functional team during a project?

Highlight your conflict resolution skills, emphasizing the importance of open communication, active listening, and finding common ground to maintain team cohesion while focusing on project goals.

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What tools do you use for project management, and how do they help you?

Mention specific project management tools you are experienced with and explain how they facilitate collaboration, track progress, and ensure tasks are completed efficiently to meet project timelines.

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What is your strategy for aligning pricing with market expectations?

Discuss your analytical approach to gathering market research, competitor analysis, and customer insights to develop pricing strategies that meet expectations while ensuring profitability.

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How do you keep up with industry trends that affect product management?

Explain your commitment to continuous learning through industry publications, seminars, and networking, and how this knowledge informs your decisions as a Product Business Model Capability Manager at Philips.

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What metrics do you consider most important for evaluating a product's success?

Identify key performance indicators such as sales growth, customer satisfaction, and retention rates, and emphasize how these metrics guide your decision-making in product strategy and enhancements.

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At Philips, we strive to make the world a healthier and more sustainable place through meaningful innovation. Our goal is to improve the lives of 2.5 billion people a year by 2030, including 300 million in underserved communities and 1 million wor...

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Full-time, on-site
DATE POSTED
April 2, 2025

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