Innovate to solve the worlds most important challengesTHE BUSINESS UNIT
Honeywell 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, industrial, health care and energy transition.
Position Overview
As a Director of Product Management focused on Portfolio Growth here at Honeywell, you will play a crucial role in driving growth and profitability by aligning our offerings with growth industries and industrial and process automation segments. You will be responsible for developing and executing strategies to expand our industrial portfolio and capture market opportunities in high-growth sectors. Your strong leadership skills, strategic thinking, and market insights will be essential in driving the success of our business.
The Director Offering Management is a senior professional that supports the Sr. Director Offering Management and VPGM in successfully managing the Business offerings. You will actively lead a team to manage a complex global portfolio for the Industrial Sensing business and drive improvement initiatives across functions.
In this role, you will have a significant impact on our strategic direction, revenue growth, customer acquisition, and market share expansion.
Key Responsibilities:
Portfolio Strategy and Development:
• Develop and execute the overall strategy for the companys product portfolio, encompassing both existing products and new offerings.
• Conduct market analysis, customer segmentation, and competitive assessments to identify market trends, opportunities, and portfolio gaps.
• Define and prioritize portfolio investments based on strategic fit, market potential, and financial viability.
Product Lifecycle Management:
• Oversee the entire lifecycle of products within the portfolio, from concept development through to end-of-life decisions.
• Collaborate with cross-functional teams (R&D, engineering, marketing, sales, operations) to define product roadmaps, feature enhancements, and product differentiation strategies.
• Monitor product performance metrics, including revenue growth, profitability, and market share, and make data-driven decisions to optimize portfolio performance.
Stakeholder Management and Collaboration:
• Serve as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market dynamics.
• Foster collaboration and alignment across departments to drive portfolio growth and profitability.
• Build strong relationships with internal stakeholders, external partners, and key customers to drive co-development opportunities and enhance product offerings.
Continuous Improvement and Innovation:
• Lead continuous improvement initiatives to enhance product quality, customer satisfaction, and operational efficiency within the portfolio.
• Stay abreast of industry trends, technological advancements, and competitive landscape to identify opportunities for product innovation and differentiation.
• Champion a culture of innovation and excellence within the offering management team, encouraging creativity, collaboration, and continuous learning.
YOU MUST HAVE
• Proven experience (typically 10+ years) in product management, offering management, or related roles, with significant experience in portfolio management and leadership positions.
• Strong strategic thinking, analytical, and problem-solving skills, with a track record of driving business growth through effective portfolio management.
• Strong leadership and people management skills
• Strong ability to identify growth industries segments with high market potential
• Ability to analyze market trends and customer needs to identify growth opportunities
• Excellent communication and interpersonal skills
• Monitored and track portfolio performance and make data-driven decisions to optimize growth
WE VALUE
• Bachelors degree in Business, Engineering, or related field; Masters degree preferred
• Experience in a global organization
• Experience in leading offering management teams focused on portfolio growth
• Strong analytical and market research skills
• Ability to adapt to a fast-paced and changing environment
• Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries.
• Experience with developing pricing and go-to-market strategies to maximize revenue and market share
ABOUT HONEYWELL
Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the worlds 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 here
