Director Thermal Product Portfolio Management

Honeywell International - Muncie, IN

Full-time - Senior

Muncie, IN

Computer and Electronic Product Manufacturing

About the position

The Director of Thermal Product Portfolio Management at Honeywell is responsible for driving growth and profitability by aligning the company's offerings with high-growth industries and market opportunities. This role involves developing and executing strategies to expand the product portfolio, capturing market opportunities, and enhancing customer acquisition and market share for Thermal Solutions. The position requires strong leadership, strategic thinking, and market insights to significantly impact the company's strategic direction and revenue growth.

Responsibilities

• Develop and execute the overall strategy for the company's product portfolio, encompassing both existing products and new offerings.
• Conduct market analysis, customer segmentation, and competitive assessments to identify market trends, opportunities, and portfolio gaps.
• Define and prioritize portfolio investments based on strategic fit, market potential, and financial viability.
• Oversee the entire lifecycle of products within the portfolio, from concept development through to end-of-life decisions.
• Collaborate with cross-functional teams (R&D, engineering, marketing, sales, operations) to define product roadmaps, feature enhancements, and product differentiation strategies.
• Monitor product performance metrics, including revenue growth, profitability, and market share, and make data-driven decisions to optimize portfolio performance.
• Serve as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market dynamics.
• Foster collaboration and alignment across departments to drive portfolio growth and profitability.
• Build strong relationships with internal stakeholders, external partners, and key customers to drive co-development opportunities and enhance product offerings.
• Lead continuous improvement initiatives to enhance product quality, customer satisfaction, and operational efficiency within the portfolio.
• Stay abreast of industry trends, technological advancements, and competitive landscape to identify opportunities for product innovation and differentiation.
• Champion a culture of innovation and excellence within the offering management team, encouraging creativity, collaboration, and continuous learning.
• Provide strategic leadership for multiple product and portfolio managers.

Requirements

• Minimum of 10 years of experience in offering management or related roles.
• Proven track record of driving portfolio growth and capturing market opportunities.
• Strong leadership and people management skills.
• Excellent strategic thinking and problem-solving abilities.
• Ability to analyze market trends and customer needs to identify growth opportunities.
• Excellent communication and interpersonal skills.

Nice-to-haves

• Bachelor's degree in Business, Engineering, or related field.
• Master's degree in Business, Engineering, or related field.
• Experience in a global organization.
• Experience in leading offering management teams focused on portfolio growth.
• Strong analytical and market research skills.
• Ability to adapt to a fast-paced and changing environment.