What are the responsibilities and job description for the Director of Global Product Management position at Regal Rexnord?
The Director of Product Management is responsible for the development and execution of product lifecycle roadmaps that enable sustainable differentiation for the business, while ensuring a balanced portfolio of investments in core products through the identification of new product development in top customers or markets utilizing the 80/20 principle.
This position requires close collaboration with cross-functional teams in engineering, sales, marketing, operations, and business leadership. As a leader, this position is responsible for developing a team of product managers who thrive in a dynamic, fast-paced environment and are driven to excel and perform at their highest potential. This position is also responsible for driving activities and decisions focused on maintaining a high level of customer satisfaction and growing market share.
RESPONSIBILITIES:
People Leadership
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
This position requires close collaboration with cross-functional teams in engineering, sales, marketing, operations, and business leadership. As a leader, this position is responsible for developing a team of product managers who thrive in a dynamic, fast-paced environment and are driven to excel and perform at their highest potential. This position is also responsible for driving activities and decisions focused on maintaining a high level of customer satisfaction and growing market share.
RESPONSIBILITIES:
People Leadership
- Culture – Foster a culture of acting with a high sense of integrity, inclusion, engagement, responsibility, transparency and performance with a sense of urgency.
- Training and Development – Attract, develop, and retain talent within the department to ensure the competency level of all employees is enough to be fully effective in their roles.
- Establish a results-oriented management style that measures and evaluates individual performance against clearly defined accountable competencies, responsibilities and objectives.
- Manage the product line P&L and the entire life cycle of all product lines within the business from strategic planning, product definition, tactical launch activities and end of life.
- Develop and implement product IoT initiative and strategy
- Operate as the internal voice of our customers across development teams, (primarily Engineering, Sales and Marketing) through an understanding of market requirements, product definition, training and launch activities.
- Develop and implement a cohesive short- and long-term product line roadmaps.
- Implement a robust product line simplification and platforming process that delivers cost savings and efficiencies.
- Coordinate and lead the on-going Innovation/VOC exercises. Combining this information with a business case analysis to define business requirements and the products value proposition.
- Manage new product development initiatives, return-on-Investment analysis, business cases and new product applications
- Own the NPD funnel and use CFI process to drive NPD projects in partnership with cross-functional teams.
- Develop core messaging and positioning for all products within the business based on the established value proposition.
- Define pricing and sales strategy/policies for all products within the business and drives these through the division.
- Maintain a high level of expertise in the competitive landscape including competitive product and pricing strategy.
- Collaborate with other segment and division Product Managers to develop effective divisional product line development opportunities.
- Analyze potential partner relationships that can either enhance current offerings or fill necessary gaps in offerings.
- Leverage 80/20 and continuous improvement in all aspects of product management, decision making and actively participate in on-going projects team that maximize overall organizational effectiveness and efficiency.
- Consolidate divisional annual sales plans for all products, promotional and advertising efforts, and other meaningful data.
- Medical, Dental, Vision and Prescription Drug Coverage
- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
