Director of Product Management

Director Of Product Management

Scope of Leadership Role : Reporting to the Senior Director of Product Management for the Clutch & Brake Division, part of the Industrial Powertrain Solutions Segment, the Director of Product Management is a vital and critical role in determining the overall health of the business. A successful Director of Product Management plans, organizes, and manages assigned product lines throughout product life cycles, including new product development, to optimize profitability while meeting the changing marketing, financial, and business growth objectives. The Clutch & Brake Division's Overrunning & Torque Limiter product lines represents approximately $100M in revenue and includes the Formsprag, Marland, and Stieber brands. This product family will play a critical role in the Clutch & Brake Division's strategic initiatives in Aerospace. The Overrunning & Torque Limiter product line also serves the metals, mining, and power transmission equipment markets. This position requires close collaboration with cross-functional teams including product development, sales, marketing, and operations. The ideal candidate is a team player who operates with a global view, can exercise leadership without managerial authority, and is able to thrive in a dynamic, fast-paced environment. This position is also responsible for driving activities and decisions focused on maintaining a high level of customer satisfaction and growing market share. The Director of Product Management will be responsible for managing an established team that possesses the ability to operate globally, without limitation to existing geographies, manufacturing sites, markets, and brands. As a team, the group will be responsible for the implementation and development of critical Regal Rexnord tools and frameworks that include 80 / 20 and Product Line Simplification (PLS).

Key Responsibilities :

• Manage the entire life cycle of all product lines within the business from strategic planning, product definition, tactical launch activities and end of life.
• Operate as the internal voice of our customers across development teams, (primarily Engineering, Sales and Marketing) through an understanding of market requirements, product definition, training and launch activities.
• Develop and implement a cohesive short- and long-term product line roadmaps.
• Implement a robust product line simplification process that delivers cost savings.
• Coordinate and lead the on-going Innovation / VOC exercises. Combining this information with a business case analysis to define business requirements and the products value proposition.
• Define pricing and sales strategy / policies for all products within the business and drives these through the division.
• Maintain a high level of expertise in the competitive landscape including competitive product and pricing.