Director Portfolio Management

As a Director of Product Management - Healthcare Sensing focused on Portfolio Growth here at Honeywell you will play a crucial role in driving growth and profitability by aligning our offerings with growth industries and end segments. You will be responsible for developing and executing strategies to expand our portfolio capture market opportunities in high-growth sectors and lead a team of offering (product managers) in our healthcare portfolio. Your strong leadership skills strategic thinking and market insights will be essential in driving the success of our business.

In this role you will have a significant impact on our strategic direction revenue growth customer acquisition and market share expansion both organically and through partnerships / M&A.

Ideal Candidate Experience:

• Proven experience (typically 10 plus years) in product management offering management or related roles with significant experience in portfolio management and leadership positions.
• Previous experience leading an offering management function with a focus on portfolio growth
• Strong strategic thinking analytical and problem-solving skills with a track record of driving business growth through effective portfolio management.
• Strong ability to identify growth industries segments with high market potential
• Experience with developing and executing strategies to expand portfolios alignment with growth opportunities.
• Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries.
• Developed pricing and go-to-market strategies to maximize revenue and market share
• Monitored and track portfolio performance and make data-driven decisions to optimize growth

Key Responsibilities:

Portfolio Strategy and Development:

• Develop and execute the overall strategy for the companys product portfolio encompassing both existing products and new offerings.
• Conduct market analysis customer segmentation and competitive assessments to identify market trends opportunities and portfolio gaps.
• Define and prioritize portfolio investments based on strategic fit market potential and financial viability.

Product Lifecycle Management:

• Oversee the entire lifecycle of products within the portfolio from concept development through to end-of-life decisions.
• Collaborate with cross-functional teams (R&D engineering marketing sales operations) to define product roadmaps feature enhancements and product differentiation strategies.
• Monitor product performance metrics including revenue growth profitability and market share and make data-driven decisions to optimize portfolio performance.

Stakeholder Management and Collaboration:

• Serve as a strategic advisor to executive leadership and senior management on portfolio strategy performance and market dynamics.
• Foster collaboration and alignment across departments to drive portfolio growth and profitability.
• Build strong relationships with internal stakeholders external partners and key customers to drive co-development opportunities and enhance product offerings.

Continuous Improvement and Innovation:

• Lead continuous improvement initiatives to enhance product quality customer satisfaction and operational efficiency within the portfolio.
• Stay abreast of industry trends technological advancements and competitive landscape to identify opportunities for product innovation and differentiation.
• Champion a culture of innovation and excellence within the offering management team encouraging creativity collaboration and continuous learning.

YOU MUST HAVE

• Minimum of 10 years of experience in offering/product management or related roles
• Proven track record of driving portfolio growth and capturing market opportunities
• Strong leadership and people management skills
• Excellent strategic thinking and problem-solving abilities
• Ability to analyze market trends and customer needs to identify growth opportunities
• Excellent communication and interpersonal skills

WE VALUE

• Bachelors degree in Business Engineering or related field
• Masters degree in Business Engineering or related field
• Experience in a global organization
• Experience in leading offering management teams focused on portfolio growth
• Strong analytical and market research skills
• Ability to adapt to a fast-paced and changing environment

Benefits:

In addition to a competitive salary leading-edge work and developing solutions side-by-side with dedicated experts in their fields Honeywell employees are eligible for a comprehensive benefits package. This package includes employer subsidized Medical Dental Vision and Life Insurance; Short-Term and Long-Term Disability; 401(k) match Flexible Spending Accounts Health Savings Accounts EAP and Educational Assistance; Parental Leave Paid Time Off (for vacation personal business sick time and parental leave) and 12 Paid Holidays. For more information visit: Benefits at Honeywell

The application period for the job is estimated to be 40 days from the job posting date; however this may be shortened or extended depending on business needs and the availability of qualified candidates.