Principal Product Portfolio Manager

4 weeks ago

Chester, Virginia, United States MiTek Inc. Full time
Job Description

MiTek is a platform innovator and enabler that exists to transform the building industry with better building solutions. In 1955, MiTek transformed residential construction with the invention of the Gang-Nail plate and a digital platform that provided an affordable and scalable way to manufacture wood trusses. Today, MiTek delivers software, services, engineered products, and automated solutions that enable the building industry toimprove efficiencies by optimizingthe balance between off-site and on-site. With nearly 5,600 team members worldwide, MiTek collaborates across the building industry to enable and accelerate transformational breakthroughs in design and construction to transform the way the industry designs, makes, and builds. As a Berkshire Hathaway (NYSE: BRK-A, NYSE: BRK-B) company since 2001, MiTek has a record of continuous growth and innovation. Learn more at .

Summary
The Principal Product Portfolio Manager (PPM) leads the global strategy development process for MiTek Builder Products. This is done in line with the objective to increase market share and generate growth. The PPM is responsible for analyzing the market and interacting with customers/prospects to identify the targeted segments and opportunities which best align with MiTek capabilities. They define the ideal positioning for MiTek and then drive the development of a five-year innovation portfolio and 4P market strategy that will enable MiTek to deliver long-term value to customers. The PPM is also responsible for collaborating with the aligned functions and geographies to lead strategy execution, ensuring that all activities are aligned to the global strategy for growth. The Product Portfolio Manager must be a strong leader, an analytical thinker, possess a strong business acumen, and able to communicate effectively to internal/external audiences as they position MiTek externally and influence strategy adoption across functions.
Job Responsibilities & Requirements
RESPONSIBILITIES:
  • Accountable for leading the global strategy development process (cross functional and aligned to product/solution category) to upgrade and define the 3 to 5-year global product line strategy.
  • Initiate and coordinate external analysis to identify competitors, market trends, market opportunities and 4P strategy improvement recommendations.
  • Clearly articulate customer needs, competitors' product offerings, customer's buying preferences, and competitive advantage/disadvantage across functions.
  • Identifies target markets and market penetration strategies.
  • Understand the needs of customers/prospects and translate them into market requirements and business cases to drive product management and innovation initiatives.
  • Lead product life cycle management to obsolete outdated offerings and to introduce/launch new products and programs which are required for sustainable growth in the market.
  • Discern and generate business cases for product extensions and product line enhancements.
  • Participate in industry associations to understand market dynamics and position MiTek as a leader in targeted markets/segments; Plan and attend tradeshows/events for aligned markets.
  • Responsible for leading the strategy execution process via collaboration with Regional Marketing and orchestration of cross functional activities to deliver targeted product, revenue, and CX results.
QUALIFICATIONS:
  • Strong understanding of MiTek capability, Markets/Customers served, and the Residential/Commercial building processes
  • 5+ years of experience in Marketing and/or Sales managing full product lines
  • Demonstrated success in integrating portfolio of products across existing and growing customer base
  • Experience in builder products or construction materials channel strongly preferred
  • Demonstrated skill to interact with, and inspire, customers
  • Well-developed capabilities in problem-solving and crafting efficient processes
  • A result and success-oriented mentality, conveying a sense of urgency and driving issues to closure
  • An ability to initiate and build relationships with people in an open, friendly, and accepting manner
  • An innate drive to innovate and optimize the use of available resources

Additional Notes:

  • Up to 50% travel
  • Hybrid based out of MiTek's Chesterfield, MO office is preferred, remote option available for the ideal candidate.
MiTek Perks:
  • Flexible Paid Time Off - take as much time off as you need
  • All Benefits begin on Day 1
  • Profit Sharing Plan and Annual Incentive Plan
  • 13 Paid Holidays
  • 401k Plan with Matching Contributions
  • A variety of Medical, Dental and Vision Plans to choose from
  • Short-Term Disability and Life Insurance
  • Tuition Reimbursement
  • Paid Parental Leave
  • Career advancement and training opportunities

In compliance with the Equal Pay for Equal Work Act, the pay range for this position is estimated at $140k-190k/year. Base pay offered may vary based on job-related knowledge, skills, and experience. Please visit to learn more about MiTek's benefit opportunities.

MiTek is an E-Verify and Drug and Tobacco-Free Workplace.

We are an equal opportunity employer; and all qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, ethnicity, physical or mental disability, sex (including pregnancy, sexual orientation, gender identity or expression, or transgender status), age (40 and over), genetic information (including family medical history), veteran status, or any other protected characteristic.

For accommodation to assist with completing this application, please contact Human Resources at

MiTek is an E-Verify and Drug and Tobacco-Free Workplace. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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