Regal Rexnordposted 7 days ago
Full-time • Director
Downers Grove, IL
10,001+ employees

About the position

The Director of Product Management is responsible for the development and execution of product lifecycle roadmaps that enable sustainable differentiation for the business, while ensuring a balanced portfolio of investments in core products through the identification of new product development in top customers or markets utilizing the 80/20 principle. This position requires close collaboration with cross-functional teams in engineering, sales, marketing, operations, and business leadership. As a leader, this position is responsible for developing a team of product managers who thrive in a dynamic, fast-paced environment and are driven to excel and perform at their highest potential. This position is also responsible for driving activities and decisions focused on maintaining a high level of customer satisfaction and growing market share.

Responsibilities

  • Foster a culture of acting with a high sense of integrity, inclusion, engagement, responsibility, transparency and performance with a sense of urgency.
  • Attract, develop, and retain talent within the department to ensure the competency level of all employees is enough to be fully effective in their roles.
  • Establish a results-oriented management style that measures and evaluates individual performance against clearly defined accountable competencies, responsibilities and objectives.
  • Manage the product line P&L and the entire life cycle of all product lines within the business from strategic planning, product definition, tactical launch activities and end of life.
  • Develop and implement product IoT initiative and strategy.
  • Operate as the internal voice of our customers across development teams, primarily Engineering, Sales and Marketing.
  • Develop and implement a cohesive short- and long-term product line roadmaps.
  • Implement a robust product line simplification and platforming process that delivers cost savings and efficiencies.
  • Coordinate and lead the on-going Innovation/VOC exercises.
  • Manage new product development initiatives, return-on-Investment analysis, business cases and new product applications.
  • Own the NPD funnel and use CFI process to drive NPD projects in partnership with cross-functional teams.
  • Develop core messaging and positioning for all products within the business based on the established value proposition.
  • Define pricing and sales strategy/policies for all products within the business and drive these through the division.
  • Maintain a high level of expertise in the competitive landscape including competitive product and pricing strategy.
  • Collaborate with other segment and division Product Managers to develop effective divisional product line development opportunities.
  • Analyze potential partner relationships that can either enhance current offerings or fill necessary gaps in offerings.
  • Leverage 80/20 and continuous improvement in all aspects of product management.
  • Consolidate divisional annual sales plans for all products, promotional and advertising efforts, and other meaningful data.

Benefits

  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance

Job Keywords

Hard Skills
  • Core Product
  • Cross-Functional Collaboration
  • Management Styles
  • Pricing Strategies
  • Productivity Management
  • 0hwvuCWUNy MmlsYqz9ry1
  • 50ZUkPLB oHmAEtpYCQW8
  • 841ZKeF3 ENbD4wyIV5
  • DaXP9UALp4 LUzetwoKABM
  • eEZlAYHaRs8qo GWHxifqknI9
  • Ii1mkWzrpE5Xj akGeWLZwHrM
  • jgNx6mt2 OWlT2qLGM8mU
  • Jqp7CLDcI aFLMZxsCtK
  • KHdqyaDAF0W EnTNJ
  • LFvEwuTeY35 ZGKaSwy8r
  • Lt9hz6NaTiv NRVDtbgW3
  • MROXS4W NvxkRVQJMBWX
  • OrJFNnY1jXy9e MlOVKpwyWRa
  • QnbPYR2 i2WbRZ
  • tksArj DpBbHPziRAcMG
  • vOVBja6T1N3yX Am75zwr9XuW
  • vZrqHLxNled abot4
  • xcGlkM jHLREobgK
  • XEhwGQA48aY U5K76LwOV
Build your resume with AI

A Smarter and Faster Way to Build Your Resume

Go to AI Resume Builder
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service