Director of Product Management
Director of Product Management
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Job Description
No sponsorships No visas not for Fintech or Healthcare or AI Product; No vendors please!
Might have 20% travel to businesses.
Position Summary
Were seeking a Director of Product Management who is responsible for developing and implementing business strategies to increase market penetration and profits across all product families. Managing a product marketing marketing and pricing team the incumbent will own the Growth Profit Lifecycle Management and Product Strategy for assigned products. They will provide global leadership for organizing all aspects of their assigned business area including market research new product introduction and growth initiatives product management product roadmaps pricing promotions sales channel training cost reductions etc.
Position Responsibilities
- Lead product management for global product families and markets. Develop lead and communicate clear strategic initiatives to achieve growth and profit targets
- Develop product strategies and roadmaps across all product lines
- Drive new product development initiatives and at times act as a project manager to ensure customer-needed features and benefits are delivered on time and on budget
- Optimize product line profitability for each product line within the assigned business area by:
- Maximizing price based on lifecycle analysis market dynamics and the full value proposition offered by client/customer (i.e. technology delivery quality speed etc.)
- Partnering with Operations to drive out cost
- Determine the optimal prices for the Companys products or services globally; oversee pricing process implementation and communication to customers globally
- Partner with Sales for areas of product lines including price voice of customer market readiness marketing plan sales channel and customer acquisition to achieve growth targets
- Partner with Operations and Supply Chain for cost including design for manufacturing ongoing manufacturing cost improvements and Supply Chain cost/availability to achieve profitability targets
- Partner with Mar Coms and Engineering to maintain a clear understanding of changing competitive landscape and product innovation
- Continuously assess customer line profitability for opportunities across business area product lines and families to grow margins
- Own life cycle management of business area and continuously assesses product performance versus plan product strategic positioning and product risk mitigation necessities given changing technologies and customer dynamics
- Collaborate with customers external partners and market experts and internal cross-functional team members to identify and drive growth initiatives via the New Product Introduction (NPI) Process
- Effectively manage a globally dispersed team; develop and motivate an effective product management organization
- Other duties as assigned
Position Requirements
- Bachelors degree required. A degree in engineering or business is preferred. MBA preferred.
- Requires a minimum of eight (8) years of relevant product management preferably in an industrial business-to-business organization
- At least five years of effectively managing a team
- Ability to lead and influence cross-functionally without direct line authority
- Overall business savvy market expertise and operational understanding
- Excellent communicator
- Visionary able to motivate others to achieve and win as a team
- Negotiation/persuasion skills
- Working knowledge of MS Office or equivalent productivity suites currently in use by the Company
- Customer-facing position travel required 20% of the time
Employment Type
Full Time
