Product Development Director

1 week ago

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

The Director of Product Development at IPG Health is a senior leadership position responsible for shaping the organization's product management strategy, aligning it with business objectives and market trends. This individual oversees the product portfolio, allocating resources, managing budgets, and tracking project performance using key performance indicators. They provide leadership, fostering a culture of excellence among their team and ensuring adherence to regulatory requirements.

Key Responsibilities
  • Portfolio Management: Oversee the product portfolio, ensuring alignment with strategic priorities, resource allocation, and prioritization.
  • Team Leadership: Recruit, mentor, and lead a team of product managers and coordinators, fostering a culture of excellence, collaboration, and continuous improvement.
  • Stakeholder Management: Build and maintain relationships with stakeholders to ensure project outcomes align with business objectives.
Strategic Planning
  • Develop and execute the product management strategy, aligning it with business goals and objectives.
  • Continuously assess project portfolios to ensure alignment with evolving business strategies and market conditions.
Portfolio Management
  • Oversee the portfolio of product engagements, ensuring alignment with strategic priorities, resource allocation, and prioritization.
  • Allocate and optimize resources to ensure efficient project execution.
  • Identify, assess, and mitigate project risks, and develop contingency plans.
  • Establish and enforce quality standards and processes.
  • Develop and manage project budgets, monitoring expenses and financial performance.
  • Define and track key performance indicators (KPIs) to assess project performance.
  • Implement and adapt project management methodologies based on project requirements.
  • Address project issues, conflicts, and roadblocks promptly.
  • Maintain accurate project documentation.
Team Leadership
  • Recruit, mentor, and lead a team of product managers and coordinators.
  • Invest in the professional growth and development of team members.
  • Anticipate future resource needs and collaborate with HR.
  • Promote a culture of continuous learning and improvement.
  • Ensure adherence to regulatory requirements, company policies, and industry standards.
  • Leverage project management software and tools.
Requirements
  • BS/BA in Business Administration, Marketing, Product Management (Required)
  • 15+ years in Product Management, including product strategy, product roadmap development, feature prioritization, and product launch (Required)
  • 10+ years in Digital/Tech/Agency Experience (Preferred)
  • 5+ years in People Management Experience (Preferred)
Competencies
  • Leadership: Inspire and motivate project teams.
  • Strategic Thinking: Develop and execute project and product management strategies.
  • Team Management: Build and lead high-performing project teams.
  • Change Management: Implement change effectively.
  • Stakeholder Engagement: Develop and maintain strong relationships.
  • Communication: Excellent verbal and written communication skills.
  • Problem-Solving: Analyze complex issues and develop creative solutions.
  • Decision-Making: Make informed and timely decisions.
  • Financial Acumen: Manage project budgets effectively.
  • Project Management Methodologies: Proficiency in various methodologies.
  • Risk Management: Identify, assess, and mitigate project risks.
  • Quality Management: Ensure project deliverables meet quality standards.
  • Resource Allocation: Optimize resource allocation.
  • Performance Measurement: Define and track KPIs.
  • Vendor and Contract Management: Oversee vendor relationships and contracts.
  • Time Management: Effectively manage project schedules.
  • Technology Proficiency: Familiarity with project management software and tools.
  • Negotiation Skills: Negotiate project scope, budgets, and timelines.
  • Emotional Intelligence: Recognize and manage emotions.
  • Conflict Resolution: Facilitate conflict resolution.
  • Compliance and Governance: Ensure projects adhere to regulatory requirements.
  • Continuous Learning: Stay updated on industry best practices.
  • Mentoring and Coaching: Invest in the professional growth of team members.
  • Ethical Leadership: Uphold ethical standards.
  • Strategic Alignment: Continuously assess project portfolios.

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