What are the responsibilities and job description for the Director, Product Management position at Lenze?
Director, Product Management
The Director of Product Management is responsible for leading the product management team to drive revenue growth, innovation and market competitiveness across all product lines.
Key Responsibilities:
- Strategic Leadership:
- Develop and implement the overall product management strategy in alignment with organizational goals.
- Oversee the product lifecycle, ensuring consistent alignment with market trends and customer needs.
- Serve as a key decision maker for prioritizing product investments and innovations.
- Team Management:
- Lead, mentor and develop the Product Managers.
- Establish clear performance metrics and professional development plans for the team.
- Facilitate cross-departmental collaboration to align product objectives with sales, marketing and engineering teams.
- Global Coordination:
- Work closely with the global teams to align product strategies with global business objectives.
- Manage relationships with global stakeholders, ensuring effective communication of market needs.
- Drive product standardization and customization initiatives to meet diverse market demands.
- Market Insight and Execution:
- Act as the 'Voice of the Market', gathering insights for customer needs, competitor analysis and emerging trends.
- Oversee the development of business cases for new product launches or enhancements.
- Lead the execution of go-to-market strategies and manage product launches across regions.
- Performance Monitoring:
- Develop and implement KPI's and Metrics through CRM for the management of the opportunity funnel with target accounts.
- Provide product line revenue forecast based on project activities.
- Generate quarterly performance reporting of all key metrics including revenue performance, sales funnel status, customer successes, and new customer design wins.
Requirements:
- Bachelor's degree in engineering, Business or Marketing.
- A combination of 10 product management experience in mechatronics, drives or motion control markets, including at least 5 years in a leadership role.
- Proven track record of managing teams and delivering results in a global market.
- Experience in dealing with diverse global business cultures.
- Financial and market research analysis skills.
- Excellent communication, strategic thinking, and decision-making skills.
- High levels of initiative and motivation.
- Adaptability and quick learning.
Company Benefits:
- Blue Cross Blue Shield Medical and Dental Insurance - PPO and HMO Options.
- FSA, HSA options.
- 401(k) with up to a 4% company match with Fidelity.
- Up to 3 weeks of PTO.
- 10 company paid holidays.
- Company paid short term, long term, and ADD & D insurance.
- Up to 13 weeks 100% paid parental leave after one year of service.
- Supplemental insurance plans (Identity theft, cyber protection, additional life, etc.).
- Tuition reimbursement.
