Product Manager - Magnetics
Standex - fairfield, OH
Apply NowJob Description
The Product Manager is a professional who identifies the customer needs and the larger business objectives that a product or feature will fulfill, articulates what success looks like for a product, and rallies a team to turn that vision into a reality. Responsible for managing product lines throughout the product lifecycle from ideation to execution in support of organizational strategy and objectives. This role will work cross-functionally, to drive innovation and growth in both technology and product solutions globally within their respective product lines. What You'll Do This role has no direct management responsibilities. However, this role requires indirect leadership of team members across multiple functions, levels, and sites. This indirect leadership includes: Foster collaboration with team members to drive value and collectively identify and resolve problems. Advocate for the end user and stakeholder by empathizing with and understanding user needs. Manage cross-functional team and stakeholder expectations to execute product strategy. Exhibit active listening, facilitate sessions, and clearly communicate at all levels. Drive the execution of all processes in the product lifecycle, including product and market research, competitor analysis, planning, positioning, requirements and roadmap development, and product launch. Actively seek and provide market intelligence, competitive landscape, and voice of the customer data to help advise on core and new service market opportunities. Conducting and/or overseeing research to gain a deep understanding of the market, customer, and end user's needs. Implements and maintains competitive pricing strategy within the product line. Develop MRD/PRD's including user stories (structured conjoint use cases). Drive/monitor/analyze key product metrics (including adoption and screen targets). Develop proof of concepts and prototyping and implementing feedback on those prototypes. Create product strategy documents that describe business cases, high-level use cases, technical requirements, revenue, ROI, and ensure the product strategy directly relates to the business strategy. Facilitate cross-functional ideation campaigns that lead to defined technology projects and product solutions. Gather and manage ideas coming from different sources. This includes building and maintaining an ideas backlog, and keeping stakeholders informed about the status of their ideas and requests. Build and own the product roadmap ensuring execution is aligned with strategy. Write product specifications which define the product requirements. Define and manage success metrics for the product lines and individual projects. Collaborate closely with engineering, production, marketing, and sales teams in the development, QA, and release of products, and balance resources to ensure success for the entire organization. Evaluate competitors and competing technologies. Develop product line strategy and technology goals to drive R&D efforts and sales targets. Other duties as assigned. What You'll Bring A bachelor's degree in business, marketing, engineering, or a related field required. 6 years of relevant professional experience required. What We Value MBA or advanced degree in a related discipline is preferred. Strong level of business acumen and the ability to understand various business scenarios. Demonstrated strategic thinking and analytical skills. Demonstrated ability to create and execute strategic initiatives to drive top line growth. Strong self-management skills including accountability, goal setting, self-motivation, and time management. Strong organizational skills with a process-oriented mindset Communication, collaboration, and interpersonal skills with the ability to influence others. Exceptional writing and editing skills, combined with strong presentation and public speaking skills.
Created: 2024-10-30