What are the responsibilities and job description for the Senior Manager Portfolio Management, Air & Thermal Controls position at Honeywell?
Air & Thermal Controls (A&TC) is a $2B Gold Business Enterprise (GBE) within the Control Systems Strategic Business Unit (SBU) of Honeywell Aerospace Technologies. A&TC offers a wide range of air management and thermal control products and services to Honeywell customers, including aircraft manufacturers, operators, and agencies of the U.S. Government as well as to foreign militaries.
Position Overview:
As a Senior Manager, Portfolio Management – Air & Thermal Controls, you will play a critical role in driving growth and profitability for Honeywell Aerospace Technologies’ Air Delivery offerings. In this role, you will have a significant impact on our strategic direction, revenue growth, customer acquisition, and market share expansion. You will be responsible for developing and executing strategies to expand our portfolio and capture opportunities in high-growth sectors, while ensuring achievable plans are in place to deliver on our current year financial objectives. These activities will include elements of Product Lifecycle Management, market analysis, product development execution, portfolio analysis, portfolio rationalization, product road mapping, and inventory planning among other related portfolio activities. Your strong leadership skills across functional disciplines, strategic thinking, and market insights will be essential in driving the success of our business.
Ideal Candidate Experience
- 5 years in product management, offering management, product development, business management, engineering, or related roles driving growth within a portfolio
- Strong strategic thinking, analytical, and problem solving skills, with a track record of driving impactful results
- Effective product lifecycle management delivering on revenue and margin goals
- Ability to identify growth industry segments, and architect and execute plans to grow presence in the space
- Cross-functional team leadership developing / launching new offerings in growth industries
- Data analysis (e.g., 80-20) assessing business performance and implementing portfolio actions to address
- Developing and implementing portfolio blueprint process improvements and new business models to achieve maturity
- Implementing pricing and go-to-market strategies maximizing revenue and market share
- Knowledge of aircraft environmental control systems or thermal management systems.
Key Responsibilities:
Product Strategy and Roadmap Development
- Develop and execute the overall strategy for the company’s product portfolio encompassing both existing and new offerings
- Understand market needs, competitive landscape, and internal capabilities to define the direction HON offerings should take.
- Define and prioritize portfolio investments based on strategic fit, market potential, and financial viability
Product Lifecycle Management
- Oversee the entire lifecycle of products within the portfolio, from concept development through end-of-life decisions
- Collaborate with cross functional teams (e.g., 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
Stakeholder Management and Collaboration
- Serve as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market dynamics
- Foster collaboration and alignment across functions 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
Continuous Improvement and Innovation
- Lead continuous improvement initiatives to enhance product quality, customer satisfaction, and operational efficiency within the portfolio
- Stay in touch with 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
