Driving Infinite Possibilities Within A Diversified, Global Organization
THE BUSINESS UNIT
Honeywell Forge is a powerful enterprise performance management solution designed to help businesses enhance their operational efficiency through advanced data analytics and Internet of Things (IoT) technologies. This platform provides organizations with the tools they need to transform raw data into actionable insights, driving smarter decision-making and optimizing processes across various industries (Industrial, Buildings, Aerospace).
As a Director of Product Management focused on Portfolio Growth here at Honeywell, you will play a crucial role in driving growth and profitability by aligning our offerings with growth industries and end segments. You will be responsible for developing and executing strategies to expand our portfolio and capture market opportunities in high-growth sectors. Your strong leadership skills, strategic thinking, and market insights will be essential in driving the success of our business. In this role, you will have a significant impact on our strategic direction, revenue growth, customer acquisition, and market share expansion.
Ideal Candidate Experience:
- Previous experience leading an offering management function with a focus on portfolio growth
- Strong ability to identify growth industries segments with high market potential
- Experience with developing and executing strategies to expand portfolio’s alignment with growth opportunities
- Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries
- Developed pricing and go-to-market strategies to maximize revenue and market share
- Monitored and tracked portfolio performance and made data-driven decisions to optimize growth
- Inspire and sustain the portfolio through up and down market cycles, adapting strategies as needed
Key Responsibilities:
- Market Analysis:
- Conduct a thorough analysis of the market landscape to understand customer needs, industry trends, and competitive offerings.
- Identify gaps in the market where your product can provide unique value.
- Define Product Vision:
- Define a clear product vision and articulate the purpose and value proposition of your product, as well as the target audience and key differentiators.
- Set Strategic Goals:
- Establish strategic goals for your product and align those strategic goals with broader business objectives.
- Align product vision and strategic goals based on customer impact, market opportunity, technical feasibility, and competitive urgency.
- Create a Roadmap:
- Develop a product roadmap that outlines the features and enhancements you plan to deliver over time.
- Communicate your product strategy in a visual and accessible format, highlighting key milestones and timelines.
- Iterate and Refine:
- Continuously gather feedback from customers, stakeholders, and market data to refine your strategy and roadmap.
- Be flexible and adaptable to changing market conditions and customer needs.
- Collaborate with Cross-functional Teams:
- Work closely with cross-functional teams such as engineering, design, marketing, and sales to develop and execute your product strategy.
- Collaborate on prioritization, resource allocation, and go-to-market planning to ensure alignment and successful execution.
- Communicate Effectively:
- Communicate your product strategy and roadmap clearly and consistently to internal stakeholders, including executives, team members, and partners.
- Ensure everyone understands the rationale behind your decisions and the direction in which the product is headed.
- Monitor and Measure Progress:
- Regularly monitor and measure progress against your strategic goals and roadmap.
- Track key performance indicators (KPIs) such as customer adoption, revenue growth, and user satisfaction to assess the effectiveness of your product strategy and make data-driven adjustments as needed.
YOU MUST HAVE:
- Minimum of 8 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
WE VALUE:
- 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
ABOUT HONEYWELL:
Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. We are a leading software-industrial company committed to introducing state-of-the-art technology solutions to improve efficiency, productivity, sustainability, and safety in high-growth businesses in broad-based, attractive industrial end markets. Our products and solutions enable a safer, more comfortable, and more productive world, enhancing the quality of life of people around the globe. Learn more about Honeywell: click here.
Additional Information
- Category: Business Management
- Exempt
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.
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