General Summary:
Directs a comprehensive product strategy from product conception and definition through end of life. Functions as a central resource with design, process, manufacturing, quality, test, marketing, and distribution as the product(s) and/or product line(s) move through their lifecycle. Formulates and executes long-term roadmaps for cost/profit control. Promotes use of new technologies and industry-leading trends. Directs those involved in the design, modification, and evaluation of all phases of a specific product or group of products. Involvement lasts throughout all stages of a product’s lifecycle including modifications, upgrades, and maintenance of the product or product line.
Minimum Qualifications:
- Bachelor's degree in Engineering, Information Systems, Computer Science, Humanities, or related field.
- 8+ years of Product Management or related work experience.
Preferred Qualifications:
- 15+ years of Product Management or related work experience.
- 4+ years of working in a large matrixed organization.
- 2+ years of working with operating budgets and/or project financials.
- 2+ years of negotiating 3rd party business agreements.
Principal Duties and Responsibilities:
- Reviews identified gaps in market based on complex analyses of overall ecosystem demands and makes portfolio decisions on how these gaps impact product roadmaps.
- Validates business cases based on a thorough understanding of internal and external influences and assists in determining product development that advances the roadmap.
- Drives product line launch strategies for new products and technologies through technical marketing opportunities such as conferences, congresses, and direct customer contact and ensures successful product launch.
- Prepares and delivers highly complex and high-stakes technical presentations regarding product roadmaps that explain and demonstrate products to customers, and integrates customer feedback into project roadmaps.
- Monitors the market to validate product roadmaps and translates these into changes and adjustments for the roadmap.
- Oversees the development of multiple, complex products and ensures cross-functional communication of product development goals. Ensures products and roadmap are differentiated using input from customers, market, competitors, and technology advancements.
- Reviews development and definition activities for multiple new and emerging technology product portfolios including determination of cost and impact, and continually reviews ROI of specific products.
- Drives the development of long-term innovation strategies for products and drives IP strategies while maintaining the best interest of customers and alignment to the product roadmap.
- Communicates regularly with internal customers, third-party vendors, and senior management to establish needs and goals, and executes communication/change management plan for stakeholders, management, and executives.
- Oversees successful cross-functional collaboration by ensuring the completion of milestones by Engineering team and other internal partners (i.e., program management) ensuring the completed work aligns with roadmap for a product line(s).
- Collaborates with key stakeholders and program sponsors to develop product goals (e.g., performance, cost, timeline, customer schedules), discuss product feasibility, and facilitate cross-functional decision making for product lines.
Level of Responsibility:
- Working independently with no supervision.
- Making decisions that are significant in impact, influencing overall program or project success, finances, and/or the ability to meet objectives; errors are not readily apparent due to the complexity of work process/product or time between decisions and results; errors typically result in significant expenditure of time, resources, and funds to correct.
- Using verbal and written communication skills to convey complex and/or detailed information to multiple individuals/audiences with differing knowledge levels. Role may require strong negotiation and influence, communication to large groups or high-level constituents.
- Some financial accountability (e.g., manages a small budget, has input into P&L).
- Having a great degree of influence over key organizational decisions (e.g., is making or directly making key decisions that have substantial impact on the organization).
- Completing tasks that require multiple steps that can be performed in various orders; tasks require simultaneously executing multiple cognitive abilities and maintaining information in short- or long-term memory.
- Regularly determines what needs to be done and is involved with sharing innovative solutions to achieve broad policies and objectives.
- Using deductive and inductive problem solving; multiple approaches may be taken/necessary to solve the problem; often information is missing or conflicting; advanced data analysis and interpretation skills are required.
- Develops, redesigns organizational strategies and provides overall direction for various functional areas and/or entire organization. Has influence over the formulation and achievement of long-term business plans and objectives.