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Product Management Leader
1 month ago
Broan-NuTone is seeking a Product Management Leader to drive growth and innovation in our residential ventilation industry. As a key member of our team, you will be responsible for developing and executing strategic plans to drive category growth, product development, and profitability.
Key Responsibilities:- Develop and execute short and long-range strategic plans for assigned categories, including category growth strategies, product portfolio roadmaps, and profitability expectations.
- Deliver business results for assigned categories, monitor performance, and recommend and implement course correction actions as needed.
- Provide leadership guidance on Product Lifecycle Management for assigned categories to Assistant/Associate and/or Product Manager(s).
- Establish the strategy for product marketing and approve new product go-to-market plans, digital marketing, market research, business intelligence, trade shows, advertising, promotional, merchandising, public relations, and marketing communications recommendations.
- Design and implement voice of customer systems to understand customer and consumer feedback and track continuous improvement metrics to fuel ideation, validation, and verification of product strategy.
- Lead and manage Assistant/Associate and/or Product Manager(s) and/or execute for the approval of marketing requirements and business case justification for new product development scopes incorporating market dynamics, performance, and competitive differentiating features.
- Create and present product training programs internally and externally to key customers related to assigned categories.
- Lead and manage Assistant/Associate and/or Product Manager(s) and/or execute as the subject matter expert on assigned category to create product content and recommendations in support of key account management, line reviews, new account development both in person and with content as needed.
- Lead and manage Assistant/Associate and/or Product Manager(s) and/or recommend the pricing structure for assigned categories.
- Ensure that new products are successfully managed and launched within the Stage-Gate process on time, on budget, and in scope in conjunction with the assigned Project Manager.
- Provide product input for annual marketing strategies, budgets, and plans and overarching brand and channel strategies; approve product marketing components of plan.
- Lead and manage Assistant/Associate and/or Product Manager(s) and/or maintain continual surveillance and evaluation of competitors' products/programs, market and industry trends, and develop data into business recommendations and strategies.
- Bachelor's Degree in business, marketing, or mechanical/electrical or industrial engineering; MBA from a reputable business school is highly desirable.
- Minimum 5 years of experience in product management and new product development in consumer durables, commercial goods, or consumer packaged goods; experience with technology-driven products is a plus.
- Minimum of 2-3 years of experience and understanding of the Home Center Retail environment and what it takes to complete PLR's, promotional opportunities, differentiated product and programs, and their financial requirements.
- Minimum of 2-3 years of experience and understanding of the Hardware Channel and elements needed and differences between them to have differentiation and success.
- Demonstrated experience in new product development processes and projects with a track record of success in new product launches.
- Direct, global work experience and demonstrated experience in working with people in other countries and understanding regional differences is preferred.
- Demonstrated ability to conceive, develop, and launch new products using a cross-functional, stage gate approach.
- Ability to effectively promote and develop teamwork and team building skills, as well as empathy and inspiration for both team members and target markets alike.
- Strong leadership, interpersonal, and persuasion skills - able to define a vision/direction and motivate internal and external stakeholders to achieve objectives using solution-based concepts based on user case needs.
- Passionate and positive approach with your team to exceed goals, promote personal and career development, and having fun.
- Ability to market technical product features as customer benefits.
- Creative individual who demonstrates excellent problem-solving skills and influences innovation into the product category.
- Strong time and project management skills.
- Intellectually curious with a firm understanding of general business and financial principles.
- Highly motivated, extremely organized, and detail-oriented - passionate about the company, product categories, and your team's ability to succeed.
- Effective communicator with excellent written and verbal communication skills.
- Hybrid role requiring to be on site in Hartford minimum of 3-4 days per week.
- Ability to travel approximately 20-40%, including overnight travel.