Director, Product Development

Status: Exempt

Position Overview:

The Director of Product Development will lead the end-to-end product lifecycle, from concept to commercialization, ensuring innovative and high-quality product offerings that align with the company’s strategic goals. This role requires a forward-thinking leader who can drive collaboration across cross-functional teams, manage project timelines, and ensure that products meet both customer needs and business objectives. The consultant will work closely with the CEO, COO & CIO, Sales, and Marketing leadership to drive the product development strategy to oversee the execution of initiatives that enhance the company's competitive edge in the market. The ideal candidate will bring a strong background in and desire to research product innovation, market analysis, and product management.

Key Responsibilities:

Product Strategy, Development and Lifecycle Management

- Lead the development and execution of the product development roadmap in alignment with CEO, COO & CIO, Sales, and Marketing leaders in the company based on strategies to achieve goals.

- Identify market opportunities, customer needs, and competitive gaps to shape innovative products and solutions.

- Collaborate with sales and services leaders to define product goals and KPIs.

Project Management

- Oversee the entire product development lifecycle. Create and manage on-budget and on-time delivery of new products.

- Ensure seamless collaboration across cross-functional teams.

- Implement project management methodologies and tools to monitor progress, mitigate risks, and resolve issues quickly.

Market and Customer Insights

- Leverage customer feedback and data to refine product features and improve user experience.

- Stay informed on industry developments and advancements in technology to integrate best practices into product development.

Cost Analysis and Feasibility Studies

- Perform cost-benefit analyses to evaluate the financial viability of product concepts.

- Conduct feasibility studies and make recommendations to senior leadership on product investments.

Quality Assurance and Compliance

- Ensure that all products meet regulatory and quality standards throughout the development process.

- Drive continuous improvement in product design and manufacturing processes to enhance quality, reduce costs, and optimize time to market.

Stakeholder Communication

- Communicate product development progress, risks, and opportunities to executive leadership and other key stakeholders.

- Work closely with the sales and marketing teams to ensure product launches are well-executed and aligned with customer expectations.

Qualifications:

- Bachelor’s degree in Product Development, Engineering, Business, or a related field. Master’s degree preferred.

- Minimum of 5-7 years of experience in product development.

- Proven track record of delivering innovative products from concept to commercialization.

- Strong understanding of product development processes, including design, engineering, prototyping, testing, and manufacturing.

- Understanding technology and having 3-5 years of product development and launching experience and background is required for this role.

- Experience with project management tools and methodologies.

- Ability to balance strategic thinking with operational execution.

- Exceptional analytical, strategic thinking, and problem-solving skills.

- Excellent leadership and communication skills with a track record of collaborating across departments.

- Ability to manage multiple priorities in a fast-paced, dynamic environment.

Preferred Qualifications:

- Experience in healthcare and technology industry preferred.

- Knowledge of relevant regulatory standards and compliance requirements.

- Experience working in a fast-paced, high-growth environment independently and in a matrixed environment.

Competencies:

- Product Development and Management

- Data-Driven Decision Making

- Effective Communication and Influence

- Cross-Functional Collaboration

- Innovation and Continuous Improvement

Salary: Competitive, based on experience.

Benefits: Comprehensive health, dental, vision, 401(k), and more.

Overview
We are seeking a dynamic and results-driven Development Director to lead our organization's growth initiatives. The ideal candidate will possess a strong background in business development and strategic planning, with a proven track record of successfully managing projects and negotiating contracts. This role requires a blend of leadership, analytical skills, and the ability to foster relationships with clients and stakeholders. As the Development Director, you will play a crucial role in shaping our market strategy and driving revenue growth.

Responsibilities

• Develop and implement strategic plans to achieve business development goals.
• Manage customer relationship management (CRM) systems to enhance client engagement.
• Conduct market research to identify new opportunities and trends.
• Lead negotiations with potential partners and clients to secure contracts.
• Oversee project management activities to ensure timely delivery of initiatives.
• Collaborate with sales teams to align strategies and maximize revenue potential.
• Monitor industry developments and competitor activities to inform strategic decisions.
• Prepare reports and presentations for senior management on development progress.

Requirements

• Proven experience in business development, project management, or a related field.
• Strong knowledge of customer relationship management software, preferably Salesforce.
• Excellent negotiation skills with the ability to influence stakeholders at all levels.
• Demonstrated ability in strategic planning and execution.
• Proficient in analyzing market data and developing actionable insights.
• Exceptional communication skills, both written and verbal.
• Ability to work collaboratively in a team-oriented environment while also being self-motivated.
• A bachelor's degree in business administration, marketing, or a related field is preferred.

Join us in this exciting opportunity to make a significant impact on our organization's growth trajectory!

Job Type: Full-time

Pay: $120,000.00 - $140,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Work Location: Hybrid remote in Sanford, FL 32773

Salary : $120,000 - $140,000