Senior Director of Product Strategy

1 week ago

New York, New York, United States IPG Health Full time

POSITION OVERVIEW:

The Senior Director of Product Development at IPG Health is responsible for crafting and implementing the organization's product management vision, ensuring it aligns with both business goals and market dynamics. This role entails overseeing the product suite, managing resource distribution, budgeting, and monitoring project outcomes through key performance metrics. The individual will provide strategic leadership, fostering a culture of excellence within their team while ensuring compliance with industry regulations. Key responsibilities include assessing project proposals, cultivating stakeholder relationships, and leading initiatives for change management. With a strong emphasis on strategic alignment, portfolio oversight, leadership, and effective communication, this Director will drive successful project outcomes while promoting a collaborative workplace.

KEY RESPONSIBILITIES:

  • Portfolio Oversight: Manage the product portfolio to ensure it meets strategic objectives, resource allocation, and prioritization.
  • Leadership Development: Recruit, mentor, and guide a team of product managers and coordinators, promoting a culture of excellence and continuous improvement.
  • Stakeholder Engagement: Establish and maintain relationships with stakeholders to ensure project results align with business objectives.

PRIMARY DUTIES:

Strategic Development:

  • Formulate and implement the product management strategy, ensuring alignment with organizational goals.
  • Regularly evaluate project portfolios to maintain alignment with changing business strategies and market conditions.

Resource Management:

  • Oversee the product engagement portfolio, ensuring strategic alignment, resource allocation, and prioritization.
  • Optimize resource utilization for effective project execution.
  • Identify and mitigate project risks while developing contingency strategies.
  • Establish and uphold quality standards and processes.
  • Manage project budgets, tracking expenses and financial performance.
  • Define and monitor key performance indicators (KPIs) to evaluate project success.
  • Adapt project management methodologies as required by project specifics.
  • Address project challenges and conflicts promptly.
  • Maintain comprehensive project documentation.

Team Development:

  • Recruit, mentor, and lead a team of product managers and coordinators.
  • Invest in the professional development of team members.
  • Anticipate future resource needs and collaborate with HR.
  • Encourage a culture of ongoing learning and improvement.
  • Ensure compliance with regulatory standards, company policies, and industry norms.
  • Utilize project management software and tools effectively.

Project Initiation:

  • Assess project proposals, define scopes, objectives, and success criteria, securing necessary approvals and resources.

Stakeholder Communication:

  • Build strong relationships with stakeholders, ensuring effective communication.
  • Present project updates and performance metrics to executive leadership.
  • Facilitate conflict resolution and problem-solving within project teams.

Change Leadership:

  • Lead change management initiatives related to projects.
  • Adjust resource allocation as necessary.

EDUCATIONAL REQUIREMENTS:

  • Bachelor's Degree in Business Administration, Marketing, Product Management (Required)

PROFESSIONAL EXPERIENCE:

  • 15+ years in Product Management, including product strategy, roadmap development, feature prioritization, and product launches (Required)
  • 10+ years in Digital/Tech/Agency Experience (Preferred)
  • 5+ years in People Management Experience (Preferred)

SKILLS AND ABILITIES:

  • Expertise in product management, strategic marketing, business strategy, and consulting within the Advertising, Tech, or Life Sciences sectors.
  • Familiarity with technical and scientific aspects of biopharmaceutical advertising.
  • Ability to discuss current and future industry trends credibly.
  • Extensive experience in Digital Production and Product Management.
  • Proven track record in defining and delivering successful digital products and experiences.
  • Solid understanding of UX best practices and collaboration with Experience Design, UX, and Visual teams.
  • Knowledge of technology and emerging trends.
  • Prior management experience with digital agencies and client partners.
  • Agile/Lean Development knowledge or experience.
  • Proficiency in data-driven decision-making.
  • Experience in creating clear user stories, acceptance criteria, and related artifacts.
  • Ability to develop release plans and roadmaps.
  • Strong communication, presentation, and organizational skills.
  • Excellent collaboration abilities.
  • Capability to influence diverse stakeholders.
  • Strong analytical skills.
  • Proven ability to manage multiple projects simultaneously.
  • Capacity to thrive in a fast-paced environment.
  • Passion for developing and deploying digital capabilities that enhance user experience.

COMPETENCIES:

  • Leadership: Inspire and motivate project teams.
  • Strategic Thinking: Develop and execute effective project and product management strategies.
  • Team Management: Build and lead high-performing teams.
  • Change Management: Implement change initiatives effectively.
  • Stakeholder Engagement: Cultivate strong relationships.
  • Communication: Excellent verbal and written communication skills.
  • Problem-Solving: Analyze complex issues and devise innovative solutions.
  • Decision-Making: Make informed and timely decisions.
  • Financial Acumen: Manage project budgets efficiently.
  • Project Management Methodologies: Proficient in various methodologies.
  • Risk Management: Identify and mitigate project risks.
  • Quality Management: Ensure deliverables meet quality standards.
  • Resource Allocation: Optimize resource distribution.
  • Performance Measurement: Define and track KPIs.
  • Vendor Management: Oversee vendor relationships and contracts.
  • Time Management: Effectively manage project timelines.
  • Technology Proficiency: Familiarity with project management tools.
  • Negotiation Skills: Negotiate project scope, budgets, and timelines.
  • Emotional Intelligence: Recognize and manage emotions effectively.
  • Conflict Resolution: Facilitate resolution of conflicts.
  • Compliance: Ensure adherence to regulatory standards.
  • Continuous Learning: Stay informed on industry best practices.
  • Mentoring: Invest in team members' professional growth.
  • Ethical Leadership: Uphold ethical standards in all practices.
  • Strategic Alignment: Continuously assess project portfolios for alignment.

NOTE:

This job description serves as a reference for mutual understanding of the role's terms and conditions. Responsibilities may vary, and additional duties may be assigned as necessary. Employee work arrangements may include In-Office, Hybrid, or Fully Remote, based on role demands and performance.

COMPENSATION:

$210,000 - $275,000 annually, based on various factors including experience, qualifications, and market considerations.

DIVERSITY AND INCLUSION:

IPG Health is committed to providing equal employment opportunities to all employees and applicants without regard to race, religion, color, ethnic origin, gender, gender identity, age, marital status, veteran status, sexual orientation, disability, or any other basis prohibited by applicable law.

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