Medical Device R&D Expert Consultant

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Summary

This Medical Device R&D Expert Consultant is an accomplished professional who drives strategic value and global market success through creative insights. He has lead cross-functional global teams to develop and optimize competitive product portfolios, resulting in significant market impact. He is consistently recognized for catalyzing transformation and delivering superior value-added business solutions. He built alignment and trust among stakeholders for efficient and effective decision making. This medical device r&d expert is a continuous learner, servant-leader, critical thinker, and problem solver, collaborating successfully within and outside the organization.

Highlights

  • New Product Strategy & Development
  • Personal Care, Medical Device, & Wellness Products
  • Concept to Market Implementation
  • Project & Portfolio Management
  • Consumer Insights & Trends
  • Stakeholder Alignment and Risk Mitigation
  • Business Development Acumen
  • Sustainability & Open Innovation
  • Cross-functional Team Leadership
  • Enterprise Transformation

Relevant Accomplishments

  • Director, Global Innovation Portfolio, Enterprise Strategy and Transformation
    Led cross-functional team across 4 categories to revamp innovation planning, strategy, and roadmap to deliver on financial objectives via fewer, bigger, and better ideas. Identify opportunities to reduce portfolio complexity, drive efficiencies, build agility and improve outcomes using new thresholds and KPIs. Established plans for processes and dashboard tools for prioritization. Managed 6 experienced managers and $4M budget.
    • Improved resources bandwidth and prioritized allocation by reducing lower value projects 18%.
    • Increased efficiency and productivity in decision-making 15% through implementation of standardized framework and tools, expediting cross-enterprise and cross-functional team alignment.
  • Director, Global Technology, Cost & Quality Innovation
    Strategized and created future roadmap for automotive care by identifying opportunities and technology platforms for product development. Optimized acquired product portfolio for improved business efficiency and effectiveness. Developed new partnerships and built organizational capabilities aligned with financial goals to accelerate new product introductions. Managed 14 managers and professionals, and $2.5M budget.
    • Established 6 new technology platforms across products for scale, quality, and pricing efficiency.
    • Saved $6M by navigating through supply chain challenges and executing initiatives on key raw materials.
    • Improved launch rates 20% through expanded open innovation and external manufacturing capabilities.
  • Director / Senior Manager, R&D & Innovation
    Directed technology and product strategy, leading diverse team from concept to commercialization for consumer-centric product pipeline. Prioritized projects and resources aligned with business strategy and delivered 5+ year omnichannel growth roadmap. Led
    cross-functional teams from Marketing, Sales, Sourcing, Legal, Finance, QA, Compliance, and Manufacturing. Managed budget and supervised team of 16 experienced professionals.
    • Envisioned and transformed company share position as key market challenger by leading front-end consumer research, articulating critical consumer insights, co-developing business case of new product concepts with marketing and brand management, and gaining stakeholders’ alignment. Drove market share growth by identifying 15 long- and short-term business development opportunities. Launched 6 prioritized concepts successfully, growing revenue $28M.Spearheaded strategic initiatives and joint ventures with suppliers and championed acquisitions, enabling development of consumer-preferred and cost-effective product portfolio and technology solutions.
    • Co-led competitive analysis with BU cross-functional partners to adapt growth strategy, leveraging market data, forecasts, trends, and customer segmentation, facilitating innovation / renovation recommendations for short / long term pipeline.
    • Accelerated time-to-market 18% by optimized innovation and phase-gate processes, leading in Innovation Council reviews.
    • Improved margins and operational effectiveness 22% through product and process simplifications and Kaizen initiatives, resulting in improved customer fill rates.
  • Senior Product Development Manager, R&D
    Spearheaded multi-year strategy of innovative home, health and skincare products, focused on core strengths of formulation and manufacturing. Collaborated with Product Supply and Quality functions to identify and drive implementation of product quality and margin improvement strategies. Directed product development team and managed annual research budget of $2.5M.
  • Product R&D & Innovation Manager, Emerging and Developed Markets 2003 – 2009
    Conceptualized, pioneered, and managed complex innovative initiatives in highly matrixed organization, addressing key unmet consumer needs in emerging markets across China, India, and Japan. Expanded strategies to Europe, Latin America, and developed markets. Contributed to global budget management of multibillion-dollar product brands.
    • Conceptualized novel product ideas in Adult Incontinence and Baby Care, addressing strategic business goals and consumer needs, achieving lowest cost for lead ideas in the region, 30% below closest competitor’s price.
    • Drove open innovation programs globally by establishing win-win partnerships with suppliers, third parties, universities, subject matter experts, and expanding consumer outreach through hospital programs.
    • Led product team from prototyping and pilot trials through scaled launch, boosting APAC sales 150% over forecast of $24M.
    • Optimized innovation capabilities and organizational self-sufficiency in product lifecycle management through staff training
    programs and performance measurement, improving retention 35%.
    • Recognized with multiple company awards, including CTO award for breakthrough innovative product design, and Recognition Award (Top 1% of R&D) for patentable product designs.

Roles

  • Senior Product Development Manager
  • Product R&D & Innovation Manager
  • Senior Product Engineer
  • Senior Engineer
  • Director
  • Senior Manager

Education/Certificates

  • Master of Science (MS), Chemical Engineering & Material Sciences, Louisiana State University, Baton Rouge, LA
  • Bachelor of Science (BS), Chemical Engineering, Indian Institute of Technology, Delhi, India
  •  Northwestern University, Kellogg School of Management, Shaping Innovation Leaders
  • Wharton Strategic Research & Development Management Program
  • Lean Six Sigma & Advanced Master Certification in Applied Project Management
  • Corporate Executive Board
  • Innovation Research Interchange
  • Director, Industry Trade Association
  • Total Global Patent Count: 32

Request Expert / Similar Expert

Click “request expert” for a free initial screening call with this expert or a similar expert regarding your expert consulting needs

To apply for this job email your details to haleymmagnani@gmail.com