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Director Product Portfolio Management

Director Product Portfolio Management

HoneywellRichardson, Texas, United States
30+ days ago
Job type
  • Full-time
Job description

Responsibilities

Portfolio Strategy and Development :

  • Develop and execute the overall strategy for the company’s 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

  • Proven experience (typically 10+ years) in product management, offering management, or related roles, with significant experience in portfolio management and leadership positions.
  • Strong strategic thinking, analytical, and problem-solving skills, with a track record of driving business growth through effective portfolio management.
  • Strong leadership and people management skills
  • Strong ability to identify growth industries segments with high market potential
  • Ability to analyze market trends and customer needs to identify growth opportunities
  • Excellent communication and interpersonal skills
  • Monitored and track portfolio performance and make data-driven decisions to optimize growth

    • WE VALUE

  • Bachelor's degree in Business, Engineering, or related field; Master's degree preferred
  • 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
  • Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries.
  • Experience with developing pricing and go-to-market strategies to maximize revenue and market share

    • ABOUT HONEYWELL

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    Director Product Management • Richardson, Texas, United States

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