What are the responsibilities and job description for the Product Portfolio Manager position at honeywell?
The Business Unit:
Honeywell Industrial Automation enables process industry operations, creates world-class sensor technologies, automates supply chains, makes warehouses smarter, and improves worker safety. This combination builds on our core strengths in controls and automation technologies, which allows us to deliver better commercial outcomes for our customers. We enable customers to enhance the safety, sustainability, resilience, and productivity of their people, plants, and assets.
The Role:
As the Senior Product Portfolio Manager, you will be responsible for overseeing the strategic management and development of our workforce excellence portfolio.
This portfolio provides customers with solutions to the
changes and challenges that the industrial organizations experience, as the
pace of digital transformation accelerates to prepare every worker to be part
of this transition, aid them to acquire new competencies and skills to build
resilience, boost productivity, and provide attractive careers for the next
generation.
This role requires a seasoned professional with a strong
blend of leadership, strategic vision, and operational expertise to drive
growth, profitability, and innovation across this product line.
Location: Houston, TX Travel/Territory: 25%
Ideal Candidate Experience:
- Proven experience (typically 10 years) in product management, portfolio management, or related roles, with significant experience in leadership positions.
- Background in industrial workforce competency (rescale, upscale, faster onboarding, etc. of the industrial worker).
- Understanding of today’s and tomorrow’s industrial organizations’ workforce challenges and solutions available and needed in the marketplace.
- Strong strategic thinking and analytical skills, with the ability to translate market trends and customer insights into actionable portfolio strategies.
- Demonstrated success in managing complex product portfolios, driving growth, and delivering financial results.
- Excellent communication, presentation, and influencing skills, with the ability to interact effectively with stakeholders at all levels of the organization.
- Proficiency in product lifecycle management (PLM) tools, financial analysis, and portfolio optimization strategies.
- Proven track record of leading cross-functional teams and driving collaboration across multiple departments
Key Responsibilities:
Portfolio Strategy Development: Develop and implement a
comprehensive product portfolio strategy aligned with the company's business
objectives and market opportunities. Conduct market analysis, competitive
assessments, and customer segmentation to identify portfolio gaps, opportunities,
and trends. Define and prioritize portfolio investments based on strategic fit,
market potential, and financial viability.
Lifecycle Management: Manage the entire product lifecycle from
ideation through to end-of-life decisions, ensuring alignment with market needs
and company goals. Collaborate with cross-functional teams including R&D,
marketing, sales, and finance to define product roadmaps and ensure timely
execution of portfolio initiatives. Drive product innovation, differentiation,
and continuous improvement efforts to maintain competitive advantage.
Financial and Business Performance: Establish and monitor key performance indicators (KPIs) for the product portfolio, including revenue growth, profitability, market share, and return on investment (ROI). Conduct financial analysis, forecasting, and budget management to optimize portfolio performance and resource allocation. Make data-driven decisions and recommendations for resource allocation, portfolio prioritization, and investment strategies.
Stakeholder Management: Act as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market trends. Present portfolio strategies, business cases, and performance updates to key stakeholders, including board of directors and investors. Foster strong relationships and collaboration with internal stakeholders and external partners to drive portfolio success.
Team Leadership and Development: Lead and mentor a team of product managers and portfolio analysts, providing guidance, coaching, and professional development opportunities. Cultivate a culture of innovation, accountability, and collaboration within the product portfolio management team. Foster a high-performance team environment focused on achieving business goals and delivering exceptional results.
