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MBA Marketing - Job Opportunity at Philips

Bengaluru, India
Full-time
Mid-level
Posted: March 12, 2025
Hybrid
INR 18,00,000 - 25,00,000 per annum based on Bangalore market rates for MBA Marketing roles in multinational healthcare companies

Benefits

Comprehensive healthcare coverage reflecting Philips' healthcare focus
Professional development opportunities in global business environment
Work-life balance with hybrid work model
International exposure and cross-cultural work environment
Career advancement in a Fortune 500 company

Key Responsibilities

Drive market segmentation and product strategy development
Lead value proposition development based on market insights
Guide solution development from concept to market launch
Manage stakeholder relationships across organizational levels
Direct multi-disciplinary teams in achieving business objectives
Develop and execute competitive market strategies
Validate business assumptions and market opportunities

Requirements

Education

Master degree in Business Administration, Marketing or related fields with excellent academic track record

Experience

Experience in international business environment in marketing and business development

Required Skills

Excellent communication skills Commercial savvy Strong conceptual skills Analytical mindset Goal-setting ability Team motivation capabilities Market segmentation expertise Product strategy development Competitive analysis Value proposition development Solution development management
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Industry Trends

Healthcare technology sector is experiencing rapid digital transformation, creating increased demand for marketing professionals who can bridge technical and commercial aspects Rising focus on personalized healthcare solutions is driving need for sophisticated market segmentation and targeting Shift towards value-based healthcare requires marketing professionals to develop compelling ROI-focused value propositions

Role Significance

Likely to work with 5-8 direct team members and influence across multiple departments including R&D, Sales, and Product Development
Mid to senior level position with significant strategic input into product development and market strategy

Key Projects

New healthcare product launches in emerging markets Market expansion strategies for existing product lines Value proposition development for healthcare technology solutions Strategic market segmentation and targeting initiatives

Success Factors

Ability to translate technical healthcare solutions into clear value propositions Strong stakeholder management across cultural and organizational boundaries Balance between strategic thinking and hands-on execution Understanding of healthcare technology market dynamics Capacity to drive innovation while maintaining commercial focus

Market Demand

High demand with growing emphasis on healthcare technology marketing specialists who can navigate both B2B and B2C healthcare markets

Important Skills

Critical Skills

Healthcare market understanding and ability to translate technical features into customer benefits Strategic thinking combined with execution capabilities Cross-cultural communication and stakeholder management Data-driven decision making with customer insight focus

Beneficial Skills

Healthcare regulatory knowledge Digital marketing expertise Change management capabilities Innovation management skills

Unique Aspects

Role combines healthcare industry expertise with traditional marketing functions
Opportunity to impact healthcare accessibility and quality in emerging markets
Balance of global strategy with local market execution
Focus on innovation in health technology sector

Career Growth

2-3 years in role before advancement, depending on performance and market conditions

Potential Next Roles

Marketing Director Business Unit Head Product Strategy Director Regional Marketing Head

Company Overview

Philips

Philips is a leading health technology company focused on improving people's lives through meaningful innovation in healthcare, consumer lifestyle, and lighting

Global leader in health technology with strong presence in both professional healthcare and consumer markets
Significant operations in India with Bangalore serving as a key hub for APAC region
Matrix organization with emphasis on innovation, collaboration, and global team interaction
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