What are the responsibilities and job description for the Director Product Management position at Honeywell Technologies?
About Honeywell
JOB DESCRIPTION
Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world’s 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.
Ideal Candidate Experience
Portfolio Strategy and Development:
YOU MUST HAVE
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.
JOB DESCRIPTION
Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world’s 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.
Ideal Candidate Experience
- Proven experience (typically 10 years) in product management, offering management, or related roles, with significant experience in portfolio management and leadership positions.
- Previous experience leading an offering management function with a focus on portfolio growth
- Strong strategic thinking, analytical, and problem-solving skills, with a track record of driving business growth through effective portfolio management.
- Strong ability to identify growth industries segments with high market potential
- Experience with developing and executing strategies to expand portfolio’s alignment with growth opportunities.
- Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries.
- Developed pricing and go-to-market strategies to maximize revenue and market share
- Monitored and track portfolio performance and make data-driven decisions to optimize growth
Portfolio Strategy and Development:
- Develop and execute the overall strategy for the company’s 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.
- 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.
- 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.
- 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
- Minimum of 10 years of experience in offering management or related roles
- Minimum 7 years experience in software integration, new product development, pricing and GTM
- Proven track record of driving portfolio growth and capturing market opportunities
- Strong leadership and people management skills
- Excellent strategic thinking and problem-solving abilities
- Ability to analyze market trends and customer needs to identify growth opportunities
- Excellent communication and interpersonal skills
- Bachelor's degree in Business, Engineering, or related field
- Master's degree in Business, Engineering, or related field
- 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
- Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, care or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. Learn more about inclusion and diversity* here .
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.