What are the responsibilities and job description for the Sr Director, Portfolio Strategy position at honeywell?
We are seeking an experienced and strategic Senior Director to lead our Offering Portfolio. In this role, you will be responsible for overseeing the development, management, and optimization of our UL portfolio of products and services. This is a unique opportunity to keep Honeywell Fire a leader in early detection technologies. The person will have full accountability for growth of UL portfolio and increase in margin/ revenue against market/ competitors. The role will report to the CPO, Fire.The ideal candidate will have a proven track record of leadership in product management, ability to provide comprehensive offering to the market, pricing, profitability and growth strategy, exceptional strategic planning skills, and the ability to drive cross-functional collaboration to deliver impactful solutions to the market.
Location(s): Atlanta, Georgia
Travel: 30-40%
Ideal Candidate Experience
- 10 years of experience in product management, with a focus on portfolio management or leadership roles.
- Strong leadership and team management skills, with the ability to inspire and motivate cross-functional teams to achieve results.
- Excellent strategic thinking and problem-solving abilities, with a track record of driving innovation and growth through portfolio initiatives.
- Exceptional communication and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels of the organization.
- Own the portfolio lifecycle aspects: Phase-in, Phase-out, EOL,
- Co-own Fire revenue and margin goals for UL portfolio as part of the Fire Leadership Team.
- Experience working in a fast-paced, dynamic environment with shifting priorities and tight deadlines
- Experience working in a global environment and collaborating with teams across different regions and cultures.
- Strong business acumen
- B2B experience
- Channel management
Key Responsibilities:
Portfolio Strategy: Develop and execute a comprehensive strategy for our offering portfolio, aligned with business objectives and market opportunities. Define the vision, goals, and priorities for the portfolio and ensure alignment with broader company strategies.
Product Lifecycle Management: Oversee the entire product lifecycle, from ideation to retirement, for all offerings in the portfolio. Drive innovation and creativity in product development, ensuring that our offerings meet the evolving needs of our customers and remain competitive in the market.
Market Analysis and Opportunity Identification: Conduct market research and analysis to identify emerging trends, customer
needs, and competitive threats. Identify new opportunities for portfolio
expansion or optimization to drive revenue growth and market share.
Cross-functional Collaboration: Work closely with
cross-functional teams including product development, engineering, marketing,
sales, and finance to drive portfolio initiatives forward. Facilitate
communication and coordination between teams to ensure successful product
launches and ongoing management.
Go-to-Market Strategy: Develop and execute
go-to-market strategies for new offerings and feature enhancements. Collaborate
with marketing, sales, and other cross-functional teams to ensure successful
product launches and adoption.
Stakeholder Engagement: Build and maintain strong
relationships with key stakeholders at all levels of the organization,
including executives, customers, partners, and industry influencers. Provide
regular updates on portfolio performance and address any issues or challenges
as they arise.
Performance Monitoring and Optimization: Monitor key
performance metrics for the portfolio, including revenue, market share, and
customer satisfaction. Analyze performance data to identify areas for
improvement and drive continuous optimization.
Risk Management and Compliance: Ensure that all offerings in the portfolio comply with regulatory requirements and industry standards. Identify and mitigate risks associated with the portfolio to protect the company's reputation and financial performance.
