Honeywell
Director Product Portfolio Water and Electric
Honeywell, Raleigh, North Carolina, United States, 27601
THE BUSINESS UNITSmart Energy is a business unit within Honeywell International Inc. that specializes in providing advanced solutions for the energy industry. Our primary objective is to help utilities optimize their operations and protect critical resources in a safe and efficient manner. We are dedicated to enhancing energy efficiency, reducing environmental impact, and improving the overall performance of energy systems. With our expertise in smart energy management, we are committed to delivering innovative and reliable solutions to our customers. We leverage the power of digitalization and technology to develop cutting-edge solutions that enable utilities to operate more efficiently and effectively. Our team of experts works closely with our customers to understand their unique demands and develop tailored solutions that meet their specific needs. We are constantly pushing the boundaries of what is possible in the energy industry, striving to stay at the forefront of innovation and deliver exceptional value to our customers.Position OverviewAs a Director of Offering 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 end segments. You will be responsible for developing and executing strategies to expand our 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.In this role, you will have a significant impact on our strategic direction, revenue growth, customer acquisition, and market share expansion for the Electricity and Water Smart Energy Markets.Ideal Candidate Experience:Proven experience (typically 10+ years) in product management, offering management, or related roles, with significant experience in portfolio management and leadership positionsPrevious experience leading an offering management function with a focus on portfolio growthStrong strategic thinking, analytical, and problem-solving skills, with a track record of driving business growth through effective portfolio managementStrong ability to identify growth industries segments with high market potentialPrevious experience driving growth in the connected electric utilities marketExperience with developing and executing strategies to expand portfolio’s alignment with growth opportunitiesCollaborate with cross-functional teams to develop and launch new offerings targeted at growth industriesDeveloped pricing and go-to-market strategies to maximize revenue and market shareMonitored and tracked portfolio performance and made data-driven decisions to optimize growthKey Responsibilities:Portfolio Strategy and Development:Develop and execute the overall strategy for the company’s product portfolio, encompassing both existing products and new offeringsConduct market analysis, customer segmentation, and competitive assessments to identify market trends, opportunities, and portfolio gapsDefine and prioritize portfolio investments based on strategic fit, market potential, and financial viabilityProduct Lifecycle Management:Oversee the entire lifecycle of products within the portfolio, from concept development through to end-of-life decisionsCollaborate with cross-functional teams (R&D, engineering, marketing, sales, operations) to define product roadmaps, feature enhancements, and product differentiation strategiesMonitor product performance metrics, including revenue growth, profitability, and market share, and make data-driven decisions to optimize portfolio performanceStakeholder Management and Collaboration:Serve as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market dynamicsFoster collaboration and alignment across departments to drive portfolio growth and profitabilityBuild strong relationships with internal stakeholders, external partners, and key customers to drive co-development opportunities and enhance product offeringsContinuous Improvement and Innovation:Lead continuous improvement initiatives to enhance product quality, customer satisfaction, and operational efficiency within the portfolioStay abreast of industry trends, technological advancements, and competitive landscape to identify opportunities for product innovation and differentiationChampion a culture of innovation and excellence within the offering management team, encouraging creativity, collaboration, and continuous learningLeadership:Provide strategic leadership for multiple product and portfolio managers focusing on both the global electric and water utilities market
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