At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world.
Job Overview
TE Connectivity's Product Management Teams manage all aspects of a product, from driving new product development to manufacturing to marketing. They are responsible for overall product strategy, business leadership and capacity plans in order to meet sales and profit targets.
This position cooperates with all functions of the company including but not limited to R&D, Sales, Marketing and Business Development, Manufacturing & Operations, Finance, Legal and Sales Operations.
Tasks and Responsibilities:
Strategy Development
1. Outlines a clear portfolio strategy for the assigned product family that positions Industrial to deliver strong financial results – That includes organic growth strategy through expansion of the product bag (NPIs), launching new products into market adjacencies, as well as inorganic strategy to expand product depth and/or breadth enhancing relevance to customers/channel
2. Creates breakthroughs (e.g., new market entry, new products, new business models, M&A, partnerships) through excellence in creating an ideas funnel, idea selection, prioritization, active experimentation, and scale-up of proven ideas
3. Cascades the vision and strategy throughout the organization and ties it to clear near-term plans and metrics. Creates buy-in from the organization for the plan through early engagement
4. Articulates market trends, demand drivers, customer needs, industry trends, and competitive landscape
5. Expected to develop an in-depth understanding of major competitors in the key product markets. Is able to leverage competitive knowledge for strategic decision-making
6. Develop product and technology roadmaps that aligns with business strategy and market needs
7. Work with R&D and operations in the development of new products to meet current and future customer and market requirements
8. Drive partnerships and acquisitions to build scale and enhance relevance to customers and channel partners Build a robust pipeline of M&A targets in alignment with the portfolio strategy
Develop Business Plan
9. Define resource requirements necessary to execute the product and technology roadmaps
10. Establish and execute pricing policy
11. Work effectively with the Regional Product Management teams to drive execution of the product line strategies
12. Partners with the sales organization and drives empowerment that accelerates speed and responsiveness while jointly defining GTM strategies
13. Partners with the operations team to define the appropriated service models to win in the market
14. Executes flawlessly on value drivers and key priorities of the business – Actively engaged in the relevant value drivers
15. Establish and develop close relationships and intimacy with key customers and focus distributors for the assigned product family
Drives the full P&L
16. Manage the P&L (sales and gross margin) for the assigned product line
17. Deliver growth above market through strong NPI (New Product Introduction) and share gain execution
18. Drives YoY gross margin expansion by developing and executing robust pricing strategies, driving operational productivity and improving product mix (when relevant)
19. Lead critical projects to drive competitive advantage for the assigned product line
20. Track progress to the business plan and facilitate resolution to gaps
21. The candididate is a capable operator – achieves results by creating an operating rhythm for the business that helps the team accomplish topline and bottom-line results in a predictable manner
Talent Management
22. Manage, energize and motivate a multi-cultural team of product managers located around the globe with and without direct reporting line
23. Creates development plans for team members to ensure skillset growth and ability to move forward in the organization
24. Creates robust succession plans for self and other critical positions in the team
25. Creates / inspires a humble, learning and growth oriented, and continuous improvement mindset and culture in the organization
26. Communicates widely and at multiple levels in the organization
Qualifications and Responsibilities:
27. 5+ years of product management experience in an industrial environment with an international business.
28. Bachelor's degree in engineering discipline. Preferably has an MBA. Or equivalent experience in product management field.
29. Experience in Corporate strategy teams or with a strategy consultancy is a plus.
30. Evidence of leadership responsibility for channel, market, product management, product development and sales targets.
31. Evidence of people leadership (direct or indirect).
Competencies
Managing and Measuring WorkMotivating OthersBuilding Effective TeamsValues: Integrity, Accountability, Teamwork, InnovationSET : Strategy, Execution, Talent (for managers)