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.