Senior Director of Product Management

COMPANY OVERVIEW:

This is a leading global manufacturer of highly engineered sensing, control, and sealing components. They deliver mission-critical protection and valuable data for a wide range of systems, including appliances, heating, air conditioning, refrigeration units, industrial process equipment, motor vehicles, and aircraft. They have over 4,000 employees worldwide across 10 manufacturing facilities dedicated to keeping people and their homes safe.

With a track record of over 75 years of innovation, quality, specialized expertise, they promote a highly collaborative approach, and a commitment to growth - working together with customers as a valuable partner, helping to meet their critical objectives. They recently re-established ourselves as an independent company and are looking for entrepreneurial minded candidates to help the company grow

POSITION OVERVIEW:

We are seeking a Senior Director of Product Management that will be responsible for developing and implementing business strategies for increasing market penetration and profits across all product families. Managing a product 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.

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 and market dynamics as well as the full value proposition offered, i.e. - technology, delivery, quality, speed, etc.

Partnering with Operations to drive out cost

Determine the optimal prices for the Company's 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

PREFERRED PROFILE:

Bachelor's degree required. A degree in engineering or business preferred

MBA preferred

Requires a minimum of five (5) years of relevant industry and product management preferably in an industrial, business to business organization

At least three 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

LOCATION: Remote (Columbus preferred)

Job ID# 3164691

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