Sr. Product Manager - Phillips Connect

Position Purpose & Focus:

As a Senior Manager of Product Management, you'd likely have a broad range of responsibilities related to overseeing the development and management of products within a company. Here's a breakdown of some typical responsibilities and skills associated with this role:

Essential Duties & Responsibilities

• Product Strategy: Define the product vision, strategy, and roadmap in alignment with the company's goals and market needs.
• Team Leadership: Lead and mentor a team of product managers, guiding them in their roles and fostering a collaborative and innovative environment.
• Market Analysis: Conduct market research and competitive analysis to identify opportunities and trends, informing product decisions.
• Stakeholder Management: Collaborate closely with cross-functional teams including engineering, design, marketing, and sales to ensure alignment and successful product launches.
• Product Development: Oversee the end-to-end product development process, from concept to launch, ensuring timely delivery of high-quality products.
• Product Metrics: Define and track key performance indicators (KPIs) to measure the success and impact of products, iterating based on data-driven insights.
• Customer Insights: Gather feedback from customers and stakeholders to understand their needs and pain points, incorporating insights into product enhancements.
• Budgeting and Resource Allocation: Manage budget allocation for product development and make strategic decisions regarding resource allocation.
• Risk Management: Identify and mitigate risks related to product development, market changes, and other factors that may impact product success.
• Product Evangelism: Serve as a champion for the product internally and externally, communicating its value proposition and driving adoption.

Education & Experience

• Bachelor's Degree: A bachelor's degree in a relevant field such as business administration, marketing, computer science, engineering, or a related discipline is often required as a foundation.
• Master's Degree (Optional): While not always mandatory, a master's degree in business administration (MBA), product management, or a related field can be advantageous, especially for more senior positions. An MBA can provide a deeper understanding of business strategy, leadership, and management principles.
• Product Management Experience: Extensive experience in product management is essential, typically ranging from 8 to 12 years or more, depending on the organization's requirements. This experience should encompass various aspects of product development, launch, and management across different industries and product types.
• Leadership and Management Experience: Significant experience in leadership and management roles, including managing teams of product managers, cross-functional collaboration, and strategic decision-making. Experience in mentoring and developing junior product managers is also valuable.
• Leadership: Strong leadership skills to inspire and guide cross-functional teams towards shared goals.

Skills, Knowledge, and Abilities:

• Leadership: Strong leadership skills to inspire and guide cross-functional teams towards shared goals.Leadership: Strong leadership skills to inspire and guide cross-functional teams towards shared goals.
• Strategic Thinking: Ability to think strategically and translate high-level vision into actionable plans and initiatives.
• Communication: Excellent communication skills to effectively convey ideas, influence stakeholders, and advocate for the product.
• Analytical Skills: Strong analytical skills to interpret data, analyze market trends, and make informed decisions.
• Problem-Solving: Proven ability to identify problems, propose solutions, and make decisions in complex and dynamic environments.
• Product Management Tools: Proficiency in product management tools and methodologies such as Agile, Scrum, Kanban, etc.
• Technical Understanding: A solid understanding of technology and software development processes to effectively collaborate with engineering teams.
• Customer-Centricity: A deep understanding of customer needs and preferences, with a focus on delivering value and enhancing the customer experience.
• Adaptability: Ability to adapt to change and navigate ambiguity in a fast-paced and evolving market.
• Business Acumen: Strong business acumen to align product strategies with overall business objectives and drive revenue growth.