Lead Product Manager
5 days ago
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Company DescriptionInstron is a global organization that designs, manufactures, sells and services mechanical testing systems.
Job DescriptionWe are seeking a Lead Product Manager to lead our product management team in building and executing a global product roadmap that ensures sustainable differentiation and maintains a balanced portfolio of core and new products to drive growth in target markets. This role will manage and coach a team of product managers across all 5Ps while collaborating closely with cross?functional and project teams throughout product development and lifecycle processes. The position also supports Instron leadership on business unit strategies and ensures effective collaboration with global sales to drive regional activities and marketing plans focused on maintaining Instrons high level of customer satisfaction and market differentiation.
Primary Responsibilities- Manage the entire life cycle of products from product definition to launch, upgrades, obsolescence and product refreshes.
- Collaborate with leadership to develop short?term and long?range planning of the department to support strategic business goals. Work with other department leaders to develop and direct the strategic business plans, market opportunities/direction, growth, and product financial plans.
- Lead Customer?Back Innovation (CBI) activities from early opportunity identification to business case development to planning and execution of the product development plan, collaborating with R&D, Sales, Service and other relevant functions in the organization.
- Coach and develop a high performing team of product managers across our technology platforms: machines, accessories, and software.
- Own products commercial performance including revenue, cost and margin performance, as well as quality and customer satisfaction.
- Define and develop product launch strategies aligned with the go?to?market plan.
- Develop and implement pricing strategies for product offerings, including promotional pricing. Manage pricing to achieve business objectives throughout the product lifecycle.
- Continuously evaluate the competitive landscape to define features, benefits, and unique competitive advantages of our product portfolio.
The successful candidate will have a bachelors degree in a technical or scientific field, a passion for technology and innovation, with demonstrable experience in bringing about organic growth through effective application of strategic marketing principles.
Additional Requirements- Management experience with demonstrated ability to effectively identify, manage and develop strong talent.
- Successful track record in developing product marketing strategies and achieving commercial targets.
- Excellent verbal, written, interpersonal, communication and presentation skills with the ability to present at all levels of the organization.
- A positive attitude focused on understanding, anticipating, and responding to customer needsboth internal and external.
- Exceptionally self?motivated and directed. Results?oriented with the ability to work independently and in a team environment.
- Applied knowledge in mechanical testing preferred.
- Must be willing and able to travel 20?30% of the time to stay in close contact with customers and market.
Compensation Information
This position has a starting salary range of $130,000 to $150,000 per year. Pay is determined by several factors, including a candidates experience, relevant skills, and qualifications.
Equal Employment Opportunity StatementITW is an equal opportunity employer. We value our colleagues unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
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