Challengers. People who seek out the hard projects and work to find just the right solutions.
Teammates. Partners who listen to ideas, share thoughts and work together to move the business forward.
Charismatic networkers. Relationship-savvy people who intentionally make connections with both internal partners and external contacts.
Strategic thinkers. Interns who propose innovative ideas and consistently exceed their performance objectives.
Customer-oriented achievers. Individuals with an unparalleled work ethic and customer-focused attitude who bring value to their partnerships.
Game changers. Persistent interns who will stop at nothing to live out Stryker’s mission to make healthcare better.
What You Get Out of the Internship
Stryker, a global leader in medical technology takes great pride in their people, and that’s why we’re looking to expand our talent. As a result, we are looking for the best and brightest students to strengthen our team and drive our business going forward. Stryker MBA interns will get to:
Apply classroom knowledge in a fast-paced and growing industry setting
Put people first, and gain valuable experience as a result
Implement new ideas, be constantly challenged, and develop your skills
Network with key/high-level stakeholders and leaders of the business
Strategic Development interns will
Collect, manage, organize and disseminate market intelligence to contribute to institutional knowledge management and build business insights
Conduct global market research (including customer surveys) and overall market segment analysis to determine feasibility and value for the pursuit of new commercialization opportunities for the Neurovascular division
Analyze market share, procedural volume data and customer demographics to drive insights and determine market trends
Manage market activity including research activities, interpret research and communicate potential business impacts and give insights to product teams
Produce direct and indirect customer needs assessments
Coordinate multiple inputs from various internal stakeholders (sales, marketing, R&D, clinical, finance, quality, etc.) to create comprehensive, cohesive understanding of business needs
Create business plans, develop and deliver proposal presentations
All Product Manager interns will work on a strategic project that will have a martial impact on the direction of the business. As an MBA summer intern, you will work with the marketing team to appropriately frame and scope your strategic initiative. You will consider its implications on a global scale through VOC, via internal and external customers, market research, and analytical rigor. You will have the opportunity to present your recommendations to senior leadership at the conclusion of your internship.
Product Management Intern – North America
Field Marketing interns will work with the Stryker Field Marketing team to focus on product line alignment with strategic needs of business, utilizing classical marketing principles in real world business settings. They may also:
Analyze market share and procedure volumes information with an eye towards trends and shifts in the market
Understand different franchises within North America and how the sales force impacts delivery of marketing messages and the success of a product launch
Learn how competition and competitive responses impact the market and the importance of this dynamic for organizational success
Understand the importance of downstream marketing programs and life cycle management in the success of market product portfolios
Develop marketing collateral/sales tools that will advance key product messaging and launch to field sales
Understand the role and impact of global and regional Marketing teams within a global medical device company
Follow all quality procedures and internal processes
Product Management Intern - Global Marketing
Global Marketing interns will be responsible for supporting a project or product line. The emphasis is on learning the business, gaining confidence, proving sound decision making skills and the ability to demonstrate leadership in a team environment. They will:
Understand and assist with strategic planning, GMA forecasting, and supply chain and operational management
Understand how new franchise markets are identified and assist in defining these opportunities
Understand key franchise technologies and assist new product design and development within the TDP/PDP matrix
Understand the market for franchise products and assist in the market science process, usage patterns and competitive activities, formulation of customer segmentation and product positioning models, messaging, and channel management. Understand key opinion leader relationships
Understand SYK’s global downstream marketing and sales network and support franchise downstream marketing efforts
Understand traditional franchise markets, strategy and messaging, and contribute to addressing competitive challenges
Understand SYK systems and processes to support franchise product development and management
Establish key relationships in cross-functional teams, other franchises and domestic sales
Build Quality into all aspects of their work by maintaining compliance to all quality requirements.
Major Targeted: MBA (concentration in healthcare is a nice to have)
Supply Chain Opportunities
Purchasing Analyst interns help procure raw materials from Stryker’s suppliers with the right quality, at the right price, arriving at the right time. They continuously re-evaluate desired inventory targets throughout the duration of a product’s life cycle.
Business Planner interns are responsible for scheduling the production of products on our manufacturing lines to balance optimal cost efficiencies for our business while supporting customer sales. They facilitate the communication between Operations and Marketing regarding future inventory projections.
Distribution interns help prepare for the monthly Executive Demand Review and facilitate the discussion of key demand planning topics for the meeting. They may lead a cross-functional project focused on improving the Integrated Business Planning process. Interns will learn how to use data analytics to problem solve and make better informed business decisions. They will partner with Marketing, Sales, Finance, and Operations to develop forward looking demand plans.
Demand planning interns help guide the business to improve the accuracy of revenue forecasts, aligns inventory levels with increases or decreases in demand, improves customer service levels, and enhances profitability for a given channel or product line.
Product Lifecycle Management (PLCM)
PLCM interns help support business strategy and develop processes to improve cost-leverage, provide insights on how to create more efficiency in managing the product lifecycle and/or portfolio, conduct product portfolio analysis, and promote cross-functional collaboration for successful alignment on and execution of PLCM activities.
PMO interns support active product development projects. They also play a role in improving analysis of these projects from timelines to budgets to resource reporting. Interns in the past have provided incredible contribution to our never-ending quest of providing the best and easiest-to-read data for our division’s executives.
Majors Targeted: Supply Chain Management, Industrial Engineering, Business Administration
What You Need
Undergraduate degree required (engineering, biological sciences, or business degree preferred) + candidate for Masters in Business Administration
1-5 years of successful related business experience
Excellent communication and interpersonal skills
Excellent project management and organizational skills
Demonstrated success working in a matrixed team environment
Strong results orientation
Strong willingness to learn
Internal Number: R404873
Stryker is one of the world's leading medical technology companies and, together with our customers, we are driven to make healthcare better. The Company offers a diverse array of innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. Stryker is active in over 100 countries around the world.
Together with our customers, we are driven to make healthcare better.
At Stryker, quality is first in everything we do. We are driven to make healthcare better for our customers by
providing innovative products and services that meet regulatory requirements through our effective quality system.
The Company was founded in 1941 by Dr. Homer Stryker and incorporated in 1946 as the Orthopedic Frame Company. In 1964, the Company’s name was changed to Stryker Corporation.
• $11.325 billion in annual sales in 2016, 73% in U.S., annual revenue has grown for 37 straight years
• 18% CAGR (compound annual growth rate) in sales over 37 years
• ~33,000 employees globally in 2016
• 43 manufacturing and research & deve...lopment locations worldwide
• Included in the Standard & Poor’s 500 Index
• Ranked # 252 on Fortune Magazine’s “FORTUNE 500” list for 2017
• Ranked # 5 on Fortune Magazine’s “World’s Most Admired Companies” list for the “Medical Equipment” industry for 2017
• Ranked # 19 on Fortune Magazine’s “100 Best Companies to Work For” list (U.S.) for 2017
• Spent $715 million on R&D in 2016, consistently spend between 5.0 – 6.3% of sales on R&D annually since 2000
• 5,638 patents owned globally in 2016
• Initial public offering of stock was in 1979
• Listed on the New York Stock Exchange under ticker SYK