Senior Principal Product Manager

Posted 7 Hours Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Senior level
Hardware • Other • Software • Appliances • Industrial • Manufacturing
The Role
Lead enterprise product and portfolio strategy for healthcare AI-enabled SaaS solutions. Influence executive priorities, set multi-year investment roadmaps, establish portfolio governance and commercialization strategies, mentor product leaders, evaluate market/regulatory trends, and optimize portfolio performance. Requires stakeholder influence across Product, Engineering, Finance, Clinical, and Commercial teams and travel (25-30%).
Summary Generated by Built In

Serve as the organization’s recognized expert in healthcare product strategy, portfolio management, and AI-enabled SaaS solutions, providing thought leadership that influences portfolio strategy, investment decisions, product management governance, enterprise growth strategies, and long-term business performance. Lead the strategic direction of a portfolio of products and platforms, shaping enterprise product strategy, investment priorities, commercialization approaches, innovation opportunities, and long-range business planning. Anticipate emerging healthcare, regulatory, competitive, and technology trends and translate insights into business and product strategies that drive customer value, market differentiation, sustainable growth, and competitive advantage. Partner directly with executive leadership to influence organizational priorities, multi-year investment strategies, resource allocation decisions, and business-unit growth planning through strategic expertise, market insight, and data-driven recommendations.

Key Responsibilities

Enterprise Product & Portfolio Strategy

  • Define and drive long-term strategy across multiple products, platforms, and solution areas within the healthcare technology portfolio.
  • Partner directly with executive leadership to shape enterprise growth strategies, long-range investment roadmaps, and portfolio evolution plans that influence organizational direction.
  • Influence strategic decisions related to market expansion, adjacent growth opportunities, platform investments, acquisitions, partnerships, and innovation initiatives.
  • Provide recommendations that guide multi-year portfolio funding strategies and long-term investment priorities across the organization.
  • Evaluate portfolio trade-offs and recommend prioritization of investments across products, platforms, innovation initiatives, and emerging market opportunities.
  • Establish portfolio-level objectives, investment frameworks, and success measures that align product investments with organizational goals.

Recognized Subject Matter Expertise

  • Serve as the organization’s recognized expert in healthcare product strategy, portfolio management, and AI-enabled solutions.
  • Act as a trusted advisor to executive leaders by providing strategic recommendations that influence product, commercial, operational, and business decisions.
  • Represent the organization as a thought leader on healthcare technology, product strategy, customer experience, and AI-enabled innovation.
  • Translate complex market, customer, clinical, competitive, and technology dynamics into actionable business and product strategies.

Strategic Influence Across Business

  • Influence business-unit growth strategies through recommendations regarding new market opportunities, platform strategy, acquisitions, partnerships, and strategic investments.
  • Serve as a strategic partner in annual operating planning and long-range business planning processes, helping shape organizational priorities and investment decisions.
  • Provide executive leaders with strategic insights regarding future growth opportunities, competitive threats, investment options, and portfolio performance.
  • Shape organizational decision-making through recommendations that impact growth, profitability, customer outcomes, and long-term business performance.
  • Partner with senior leaders across Product, Engineering, Commercial, Clinical, Finance, Operations, Customer Success, and Executive Leadership functions to drive alignment on strategic initiatives.

Functional Strategy & Product Management Excellence

  • Lead the evolution of Product Management governance, portfolio management standards, operating models, strategic planning methodologies, and prioritization frameworks used across the organization.
  • Establish enterprise-wide standards governing portfolio planning, investment prioritization, business case development, product performance management, and lifecycle governance.
  • Drive continuous improvement of Product Management operating mechanisms and strategic planning practices across the organization.
  • Influence the future direction of the Product Management function through frameworks, governance models, capability development, and organizational best practices.
  • Mentor Product Managers and Product Leaders through expertise, coaching, and thought leadership without direct management responsibility.

Portfolio Performance & Commercial Strategy

  • Own portfolio-level business cases and influence investment recommendations across multiple products, platforms, and solution areas.
  • Shape pricing strategies, commercialization approaches, market positioning, packaging strategies, and growth initiatives.
  • Monitor portfolio performance and identify opportunities to improve revenue growth, profitability, customer outcomes, retention, and market expansion.
  • Partner with Finance and executive leadership to evaluate strategic investments, resource allocation decisions, and portfolio optimization opportunities.
  • Recommend adjustments to investment priorities based on portfolio performance, market conditions, competitive dynamics, and business objectives.

Innovation & Complex Problem Solving

  • Anticipate emerging business, market, technology, and regulatory challenges that may significantly affect organizational success.
  • Solve highly complex and ambiguous business problems with broad cross-functional and portfolio implications.
  • Lead resolution of strategic business challenges that materially affect organizational growth, portfolio performance, customer success, and competitive positioning.
  • Develop recommendations that address enterprise-level business risks, investment decisions, and emerging market opportunities.
  • Influence organizational responses to significant industry, technology, regulatory, and competitive disruptions.

Customer, Market & Industry Leadership

  • Establish enterprise-level customer research, market intelligence, and competitive analysis approaches that guide portfolio and investment decisions.
  • Continuously evaluate healthcare industry trends, regulatory developments, customer workflows, interoperability requirements, and emerging technologies.
  • Translate customer insights into strategic recommendations that influence portfolio planning, product investments, and organizational priorities.
  • Influence organizational understanding of future market opportunities, customer needs, industry shifts, and competitive risks.

Risk, Compliance & Governance

  • Anticipate regulatory, privacy, cybersecurity, interoperability, and AI governance risks that may affect portfolio strategy and business objectives.
  • Recommend enterprise-level approaches to address emerging compliance, security, market, and operational risks.
  • Partner with Legal, Compliance, Privacy, Quality, and Security leaders to ensure product strategies support long-term scalability and regulatory alignment.
  • Influence governance decisions related to responsible AI adoption, healthcare compliance, product risk management, and strategic planning.

 

Required Qualifications:

Education & Experience 

  • Bachelor’s Degree in Business, Computer Science, Engineering, Healthcare, Finance or a related field; advanced degree preferred.
  • Deep expertise in product strategy, portfolio management, healthcare technology, SaaS business models, and AI-enabled product development.
  • Demonstrated success influencing strategic business, portfolio, and investment decisions with measurable organizational impact.
  • Expertise in market analysis, customer research, portfolio planning, commercialization strategy, and business case development.
  • Strong financial acumen with experience influencing multi-year portfolio investment decisions and strategic resource allocation.
  • Ability to anticipate emerging business, customer, technology, competitive, and regulatory challenges and develop strategic responses.
  • Exceptional executive communication, influence, negotiation, and stakeholder management skills.
  • Proven ability to lead highly complex initiatives through influence without direct authority.
  • Ability to travel 25-30% is required.

Fortive 9 Behaviors by Level: 

Influencing & Mentoring

Customer Obsessed: Champions a customer-focused culture by anticipating evolving needs and shaping solutions that deliver long-term value.

Strategic: Drives organizational impact by using data to derive insights that inform near-term and mid-range goals.

Innovation for Impact: Influences innovation through demonstrating bold thinking and experimentation in own work and coaching others to do the same.

Inspiring: Demonstrates purpose-driven impact through expertise and collaboration.

Builds Extraordinary Teams: Drives impact through collaboration and influence by fostering trust, sharing expertise, and aligning efforts across teams.

Courageous: Influences and leads by example through action and integrity, moves quickly toward goals, tackles challenges head-on, and encourages open sharing of ideas without fear.

Delivers Results: Leads complex initiatives to successful completion with high standards, precision, and urgency.

Adaptable: Applies rigor and stays true to process while fostering adaptability within the team.

Lead with FBS: Embraces FBS and models lean principles by mentoring peers and influencing teams, and going to Gemba for first-hand insights.

About Us

Fortive Corporation Overview

Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.

We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.

We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact. 

At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference. 

At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone. 

At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating.

Fortive: For you, for us, for growth.

About the Team
About Provation

Provation is a leading provider of healthcare software and SaaS solutions for clinical productivity, care coordination, quality reporting, and billing. Our purpose is to empower providers to deliver quality healthcare for all. Provation’s comprehensive portfolio spans the entire patient encounter, from pre-procedure through post-procedure, with solutions for physician and nursing documentation (Provation® MD, Provation® Apex, MD-Reports, Provation® endoPRO®, and Provation® MultiCaregiver), anesthesia documentation (#1 Best in KLAS Provation® iPro), patient engagement, surgical care coordination, quality reporting, and billing capture (Provation® SurgicalValet™), order set and care plan management (Provation® Order Set Advisor™ and Provation® Care Plans), and EHR embedded clinical documentation (Provation® Clinic Note). Provation has a loyal customer base, serving more than 5,000 hospitals, surgery centers, and medical offices, and 700 physician groups globally, including 19 of the top 20 U.S. hospitals. In 2021, Provation was acquired by Fortive Corporation, a Fortune 1000 company that builds essential technology and accelerates transformation in high-impact fields like workplace safety, engineering, and healthcare. For more information about our solutions, visit provationmedical.com and follow us on Twitter, Facebook, and LinkedIn.

Our purpose at Provation is to empower providers to deliver quality healthcare for all. To deliver on this commitment, we’re guided by our core values – 

Provation has a culture of CARES:
 
Community - We have a shared sense of improving healthcare, enriching the broader world we live in and serve.
Accountability - We own it and get it done with integrity.
Respect - We build diverse teams that collaborate and communicate with positive intent and trust.
Excellence - We welcome new ideas as we innovate quality solutions.
Service - We are passionate about putting customers first.


We Are an Equal Opportunity Employer
 
Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment application process, please contact us at [email protected].  

Skills Required

  • Bachelor's Degree in Business, Computer Science, Engineering, Healthcare, Finance or related field
  • Advanced degree (preferred)
  • Deep expertise in product strategy, portfolio management, healthcare technology, SaaS business models, and AI-enabled product development
  • Demonstrated success influencing strategic business, portfolio, and investment decisions with measurable impact
  • Expertise in market analysis, customer research, portfolio planning, commercialization strategy, and business case development
  • Strong financial acumen with experience influencing multi-year portfolio investment decisions and resource allocation
  • Exceptional executive communication, influence, negotiation, and stakeholder management skills
  • Proven ability to lead highly complex initiatives through influence without direct authority
  • Ability to anticipate emerging business, customer, technology, competitive, and regulatory challenges and develop strategic responses
  • Ability to travel 25-30%
  • Experience mentoring Product Managers and Product Leaders (without direct management responsibility)

Fortive Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fortive and has not been reviewed or approved by Fortive.

  • Parental & Family Support Parental leave is fully paid for 12 weeks for all parents, with fertility coverage via Progyny and generous adoption/surrogacy support. Backup child and adult care plus inclusive eligibility extend support across diverse family structures.
  • Healthcare Strength Multiple PPO and HSA medical options include telemedicine and second-opinion services, alongside robust mental-health access through Spring Health with no‑cost therapy sessions. The breadth of medical and behavioral health resources is highlighted as a strength.
  • Retirement Support The 401(k) provides a competitive employer match each pay period, with an additional company retirement contribution after one year of service. Financial wellness tools and an employee stock purchase plan further bolster long‑term savings.

Fortive Insights

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The Company
HQ: Everett, WA
13,486 Employees
Year Founded: 2016

What We Do

Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions. We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions. We are a diverse team 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact. At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference. At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone. At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating. Fortive: For you, for us, for growth.

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