VP Product Development and Innovations

Vice President, Product Development & Innovation

Location : South Bend, Indiana Area

Employment Type : Full-Time | Executive Leadership

Position Overview

We are seeking an experienced, creative, and solutions-minded leader to serve as Vice President of Product Development & Innovation . This role requires a strategic, detail-oriented professional with a proven record of taking initiative and driving key projects to completion.

The VP will oversee all aspects of product development from conception to launch, while fostering a culture of innovation across the organization. This position requires balancing short-term operational needs with long-term strategic growth objectives.

Key Responsibilities

Develop and execute a comprehensive product strategy aligned with industry trends, customer needs, and company goals.

Lead market research and analysis to identify growth opportunities and validate new product concepts.

Oversee budgets and resource allocation for product development initiatives.

Partner with Sales, Operations, and key customers to drive innovation and enhance product performance.

Champion the Voice of the Customer (VOC) to ensure customer needs are incorporated into development.

Establish and track key performance metrics (KPIs) for product success and team performance.

Ensure compliance with all quality standards and regulatory requirements.

Lead and mentor the Research & Development team, guiding multiple projects from ideation to commercialization.

Present strategies and updates to executive leadership and board members.

Manage the product lifecycle, from initial design through launch and post-market support.

Qualifications

15+ years of progressive experience in product development or related field.

10+ years of leadership experience managing cross-functional teams.

Proven record of successful product launches and innovations.

Bachelor’s degree in Business, Engineering, Computer Science, or a related field required; Master’s degree (MBA or MS) preferred.

Experience with global product development and international markets.

Proficiency with ERP systems; Business Central experience preferred.

Additional certifications in product management or innovation are a plus.

Preferred Skills

Strong strategic thinking and business acumen.

Excellent leadership, communication, and presentation abilities.

Demonstrated success in managing change and driving innovation.

Experience with agile development and project management methodologies.

Financial management, budgeting, and analytical expertise.