Sr. Product Manager - Product Innovation

Sr. Product Manager - Product Innovation

14 Nov 2024
Texas, Richardson, 75080 Richardson USA

Sr. Product Manager - Product Innovation

THE BUSINESS UNITHoneywell Sensing Solutions designs and delivers advanced components that detect, digitize, and interpret real world conditions for better protection, accuracy, and operational effectiveness. Our sensing solutions support industries including aerospace, transportation, Transportation, health care and energy transition. Position Overview: As a Sr. Product Manager, NPI at Honeywell, you will have a crucial role in driving customer discovery, New Product Development (NPD) execution, and New Product Introduction (NPI) acceleration. Your primary responsibilities will include understanding unmet or under-met needs in your regional market through customer discovery, working with the global team on the product roadmap to meet these needs, and assessing willingness to pay. As a leader, you will also be responsible for leading and managing a team of individuals, providing guidance, support, and development opportunities. Additionally, you will play a key role in accelerating NPI by determining positioning and pricing and enabling local product launches by working with the Marketing team to drive effective marketing campaigns and sales enablement. Location: Richardson, TXIdeal Candidate Experience:Proven experience (typically 10+ years) in product management, with a focus on new product introduction or launch.Strong project management skills with the ability to manage multiple projects simultaneously.Demonstrated ability to lead cross-functional teams and drive consensus among stakeholders.Excellent communication and presentation skills, with the ability to articulate complex concepts to diverse audiences.Execute product strategies and roadmaps.Conduct market research and analysis to identify customer needs and market trends.Key Responsibilities: New Product Strategy and Planning:

Develop and execute the NPI strategy aligned with the company's overall product roadmap and business goals.

Conduct market research, competitive analysis, and customer segmentation to identify new product opportunities.

Define product requirements, features, and specifications based on market needs and customer feedback.

Cross-Functional Leadership:

Lead cross-functional teams including R&D, engineering, manufacturing, marketing, and sales throughout the NPI process.

Drive collaboration and communication to ensure alignment on product development milestones, timelines, and deliverables.

Serve as the primary point of contact and advocate for the new product within the organization.

Project Management and Execution:

Develop detailed project plans, timelines, and budgets for NPI projects.

Monitor progress against milestones, identify risks, and proactively address issues to ensure on-time and on-budget delivery.

Coordinate beta testing, pilot programs, and market trials to validate product performance and gather customer feedback.

Commercialization and Go-to-Market Strategy:

Partner with marketing and sales teams to develop go-to-market strategies, pricing models, and sales collateral for new products.

Drive product launch activities including sales training, customer education, and promotional campaigns.

Monitor post-launch performance, collect feedback, and iterate on product features and marketing strategies as needed.

Continuous Improvement and Analysis:

Conduct post-launch reviews and analysis to evaluate the success of NPI projects against established metrics and KPIs.

Identify opportunities for product enhancements, process improvements, and cost optimization.

Stay informed about industry trends, technological advancements, and competitor activities related to new product introductions.

YOU MUST HAVE:

Minimum of 10 years of experience in product management or related roles

Proven track record in customer discovery, NPD execution, and NPI acceleration

Experience in developing business case financials and creating offering roadmaps

WE VALUE:

Bachelor's degree in Business, Engineering, or related field

Experience in a global organization

Experience in market research and analysis

Strong leadership and project management skills

Ability to adapt to a fast-paced and changing environment

ABOUT HONEYWELLHoneywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. We are a leading software-industrial company committed to introducing state-of-the-art technology solutions to improve efficiency, productivity, sustainability, and safety in high-growth businesses in broad-based, attractive industrial end markets. Our products and solutions enable a safer, more comfortable, and more productive world, enhancing the quality of life of people around the globe. Learn more about Honeywell: click hereHoneywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

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