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Director, Product Development and Strategy

2 months ago

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

The Director, Product Development and Strategy at IPG Health shapes the organization's product management strategy, aligning it with business objectives and the market landscape. This individual oversees the product portfolio, allocating resources, managing budgets, and tracking project performance using key performance indicators. They provide leadership, nurturing 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.

Key Performance Indicators:

  • 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.
  • 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.

Leadership and Team Management:

  • 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.

Project Initiation and Stakeholder Communication:

  • Evaluate project proposals, define project scopes, objectives, and success criteria, and secure necessary approvals and resources.
  • Foster strong relationships with stakeholders, ensuring clear and effective communication.
  • Present project updates, progress, and performance to executive leadership.
  • Facilitate conflict resolution and problem-solving within project teams.

Change Management and Continuous Improvement:

  • Lead change management efforts related to projects.
  • Allocate and reallocate resources as needed.

Education and Experience:

  • 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)

Knowledge, Skills, and Abilities:

  • Product management, strategic marketing, business strategy, business implementation, and/or consulting experience in Advertising, Tech, or Life Sciences industry.
  • Knowledge of technical and scientific details of biopharmaceutical advertising.
  • Credible discussing current and future trends in the industry.
  • Extensive background in Digital Production and Product Management.
  • Experience defining and delivering successful digital products and experiences.
  • Good understanding of UX best practices and ability to partner with Experience Design, UX, and Visual leads.
  • Good understanding of technology and emerging technologies.
  • Previous management experience for digital agency, external agency partners, and client partners.
  • Agile/Lean Development knowledge, training, or experience.
  • Experience making data-driven decisions.
  • Experience creating clear, detailed, concise user stories, acceptance criteria, and artifacts.
  • Experience creating release plans and roadmaps.
  • Strong communication, presentation, and organization skills.
  • Strong collaboration skills.
  • Ability to influence partners with diverse points of view.
  • Excellent analytical skills.
  • Demonstrated ability to manage multiple initiatives.
  • Ability to thrive in a fast-paced environment.
  • Passion to develop and deploy digital capabilities that delight end users.

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.

Statement of Understanding:

This Job Description is not a contract of employment but serves as a reference for your mutual understanding of the terms and conditions associated with the position. Your role may vary from this description, and you may be asked to perform other duties or have additional responsibilities outside of what's outlined above. If you think that there are elements of this job description that are inaccurate, please speak with your manager and/or HR Partner.