Regal Rexnord
Senior Director, Product Management, Couplings
Regal Rexnord, Milwaukee, Wisconsin, United States, 53244
SCOPE OF LEADERSHIP ROLE
Reporting to the Senior VP/GM for the Couplings Division, part of the Industrial Powertrain Solutions Segment, the Senior Director of Product Management (SDPM) is responsible for the development and execution of the differentiated product strategy that enables profitable growth for the Division. The SDPM is responsible for product lifecycle management of the portfolio, ensuring proper strategies and tactics are in place to support critical products through their respective phases of the cycle. The SDPM will seek to create a balanced portfolio of investments while driving new product ideation and vitality with a focus on A customers and A products.This position requires close collaboration with cross-functional product development teams, sales teams, and business leadership. As a senior leader, the SDPM is responsible for developing a team that thrives in a dynamic, fast-paced environment and is driven to excel and perform at their highest potential. This position is also responsible for driving activities and decisions that grow our market share by maintaining a high level of customer service and customer satisfaction.Key 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.Talent 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.Product Leadership
Manage the entire product life cycle of all product lines within the global Coupling Portfolio with an emphasis on our A products and new product ideation and development.Coordinate and lead VOC processes to improve depth and quality of market and technology insights. Utilize VOC and business case analysis to develop strategy and unique value propositions that enable growth.Utilize VOC to develop product and market based mekkos that create unique insights into market and technology needs. Define the competitive landscape and how we will win in each of our target product / market battlegrounds.Develop and implement standard work for product roadmaps that are market and technology driven and support both short- and long-term goals for the business.Develop and implement the go to market strategy in partnership with the division and IPS segment commercial leadership teams.Leverage 80/20 and continuous improvement in all aspects of product management, decision making to design, shape and improve the overall portfolio resulting in product line simplification and cost savings.Develop and implement differentiated pricing strategies and processes for all products using 80/20 and value-based pricing.Actively participate in on-going projects team that maximize overall organizational effectiveness and efficiency.Collaborate with other IPS Segment and division Product Managers to develop powertrain solutions that leverage combined product offering.Analyze and develop potential partner relationships that can either enhance current offerings or fill necessary gaps in the existing offering.Partner with division leadership to develop annual sales budgets, go-to-market tactics, and promotional plans for all products. Partner with division and IPS commercial leadership to deploy and achieve sales and profitability plans.Professional Experience/Qualifications
Proven leader with a true passion to winExceptional project management skillsRecord of building and leading high-performance teams in a global, matrixed environmentStrong experience bringing the 80/20 discipline to action across an entire product portfolioDemonstrated leadership in 80/20 methodology and product line simplificationStrong work ethic with proactive communication skills that encourages courageous conversationsStrong experience in all aspects of product lifecycle management processes with standard, configured and engineered industrial products.Must have a good working understanding of selling and marketing in a global environmentStrong attention to detail and organizational skills with the ability to manage multiple priorities independentlyA firm understanding of customer buying cycle and decision-making process mapping.Demonstrated capability in change management competenciesInfluencing skillsStrategic thinkingLeading with Regal Rexnord Values (Integrity, Responsibility, Diversity, Engagement, & Inclusion, Customer Success, Innovation with Purpose, Performance, and Passion to Win)Minimum Requirements
Bachelor’s Degree required10+ years of marketing, product management and/or sales experience in a manufacturing company environment.Masters in Engineering or Masters of Business Administration requiredTravel:
Some travel required (approximately 50%)– both US and internationalLanguage:
EnglishMilwaukee WI HQ location is preferred.Benefits
Medical, Dental, Vision and Prescription Drug CoverageSpending accounts (HSA, Health Care FSA and Dependent Care FSA)Paid Time Off and Holidays401k Retirement Plan with Matching Employer ContributionsLife and Accidental Death & Dismemberment (AD&D) InsurancePaid LeavesTuition AssistanceAbout Regal Rexnord
Regal Rexnord Corporation
(“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.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.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.
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Reporting to the Senior VP/GM for the Couplings Division, part of the Industrial Powertrain Solutions Segment, the Senior Director of Product Management (SDPM) is responsible for the development and execution of the differentiated product strategy that enables profitable growth for the Division. The SDPM is responsible for product lifecycle management of the portfolio, ensuring proper strategies and tactics are in place to support critical products through their respective phases of the cycle. The SDPM will seek to create a balanced portfolio of investments while driving new product ideation and vitality with a focus on A customers and A products.This position requires close collaboration with cross-functional product development teams, sales teams, and business leadership. As a senior leader, the SDPM is responsible for developing a team that thrives in a dynamic, fast-paced environment and is driven to excel and perform at their highest potential. This position is also responsible for driving activities and decisions that grow our market share by maintaining a high level of customer service and customer satisfaction.Key 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.Talent 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.Product Leadership
Manage the entire product life cycle of all product lines within the global Coupling Portfolio with an emphasis on our A products and new product ideation and development.Coordinate and lead VOC processes to improve depth and quality of market and technology insights. Utilize VOC and business case analysis to develop strategy and unique value propositions that enable growth.Utilize VOC to develop product and market based mekkos that create unique insights into market and technology needs. Define the competitive landscape and how we will win in each of our target product / market battlegrounds.Develop and implement standard work for product roadmaps that are market and technology driven and support both short- and long-term goals for the business.Develop and implement the go to market strategy in partnership with the division and IPS segment commercial leadership teams.Leverage 80/20 and continuous improvement in all aspects of product management, decision making to design, shape and improve the overall portfolio resulting in product line simplification and cost savings.Develop and implement differentiated pricing strategies and processes for all products using 80/20 and value-based pricing.Actively participate in on-going projects team that maximize overall organizational effectiveness and efficiency.Collaborate with other IPS Segment and division Product Managers to develop powertrain solutions that leverage combined product offering.Analyze and develop potential partner relationships that can either enhance current offerings or fill necessary gaps in the existing offering.Partner with division leadership to develop annual sales budgets, go-to-market tactics, and promotional plans for all products. Partner with division and IPS commercial leadership to deploy and achieve sales and profitability plans.Professional Experience/Qualifications
Proven leader with a true passion to winExceptional project management skillsRecord of building and leading high-performance teams in a global, matrixed environmentStrong experience bringing the 80/20 discipline to action across an entire product portfolioDemonstrated leadership in 80/20 methodology and product line simplificationStrong work ethic with proactive communication skills that encourages courageous conversationsStrong experience in all aspects of product lifecycle management processes with standard, configured and engineered industrial products.Must have a good working understanding of selling and marketing in a global environmentStrong attention to detail and organizational skills with the ability to manage multiple priorities independentlyA firm understanding of customer buying cycle and decision-making process mapping.Demonstrated capability in change management competenciesInfluencing skillsStrategic thinkingLeading with Regal Rexnord Values (Integrity, Responsibility, Diversity, Engagement, & Inclusion, Customer Success, Innovation with Purpose, Performance, and Passion to Win)Minimum Requirements
Bachelor’s Degree required10+ years of marketing, product management and/or sales experience in a manufacturing company environment.Masters in Engineering or Masters of Business Administration requiredTravel:
Some travel required (approximately 50%)– both US and internationalLanguage:
EnglishMilwaukee WI HQ location is preferred.Benefits
Medical, Dental, Vision and Prescription Drug CoverageSpending accounts (HSA, Health Care FSA and Dependent Care FSA)Paid Time Off and Holidays401k Retirement Plan with Matching Employer ContributionsLife and Accidental Death & Dismemberment (AD&D) InsurancePaid LeavesTuition AssistanceAbout Regal Rexnord
Regal Rexnord Corporation
(“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.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.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.
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