Group Product Manager
PRADCO
A Group Product Manager job is currently open through PRADCO. You will have enterprise-level accountability for the strategic direction, lifecycle performance, and profitability of assigned product lines. Reporting to the Director of Sales, this role drives product vision, roadmap execution, and cross-functional alignment to ensure successful product development, launch, and sustainment. Essential Functions and Responsibilities ·Defines and owns the long-term vision, strategy, and roadmap for assigned product lines. ·Ensures alignment between product strategy and corporate objectives, including growth, profitability, and market expansion. ·Establishes structured product funnels and prioritization frameworks to guide development investments. ·Evaluates market trends, competitive positioning, and customer needs to identify new product opportunities. ·Drives strategic alignment across divisions, including cross-divisional product considerations. 2. Product Lifecycle Management ·Oversees all stages of the product lifecycle, including development, launch, pricing, sustainment, and rationalization. ·Ensures disciplined execution of the stage-gate process, including continuous improvement of lifecycle governance. ·Defines and enforces standards for product requirement documents (PRDs), market requirements, and business cases. ·Ensures consistent communication and coordination across all lifecycle stakeholders. ·Leads product launch planning and execution to ensure market readiness and commercial success. ·Leads, coaches, and develops a team of product managers and related roles to build long-term organizational capability. ·Establishes clear performance expectations, priorities, and accountability across the product management team. ·Promotes a collaborative, cross-functional mindset to improve coordination with Engineering, Sales, and Marketing. ·Supports hiring, onboarding, development, and performance management processes. ·Builds a culture of ownership, accountability, and continuous improvement within the team. 4. Cross-Functional Alignment & Execution ·Partners with Engineering, Sales, Marketing, Operations, and other divisions to ensure successful product execution. ·Ensures product strategies are translated into executable plans across all functions. ·Acts as the central coordination point for aligning product priorities with operational capabilities and market demands. ·Facilitates communication between internal stakeholders and external partners, including customers and channel partners. ·Drives resolution of cross-functional challenges impacting product performance or timelines. ·Establishes processes for measuring market penetration, share growth, and opportunity identification. ·Incorporates customer feedback, field insights, and distributor input into product strategy and improvements. ·Maintains a deep understanding of industrial markets, distribution channels, and competitive dynamics. ·Translates market data into actionable product and business strategies. 6. Financial Performance & Business Accountability ·Develops and presents long-term business cases to the Product Steering Committee. ·Establishes and enforces ROI, profitability, and lifecycle performance metrics. ·Monitors product line financial performance, including pricing strategy, margins, and cost structures. ·Partners with Finance to evaluate investment decisions and track performance against targets. ·Drives initiatives to improve profitability, cost efficiency, and overall product portfolio performance. 7. Process Standardization & Performance Metrics ·Defines and implements standardized processes for product management activities across the organization. ·Establishes and monitors key performance indicators (KPIs) for product success and team effectiveness. ·Ensures consistent reporting and visibility into product performance, risks, and opportunities. ·Drives continuous improvement of tools, processes, and methodologies used in product management. ·Develops and advises standards for inventory levels in coordination with Sales and Operations. ·Partners with Sales and Marketing to establish and monitor channel partner performance metrics. ·Ensures alignment between product availability, demand planning, and market needs. 9. Organizational Development & Talent Management ·Leads recruitment and selection of product management team members. ·Ensures effective onboarding and integration of new hires into the company’s culture and processes. ·Develops team understanding of corporate strategy, product philosophy, and market positioning. Education ·Bachelor’s degree in Engineering, Business, or related field required. ·MBA or advanced degree preferred. Experience ·5–10 years of experience in product management with demonstrated success. ·5–10 years of experience leading and developing teams. ·Proven track record of delivering product strategy, roadmap execution, and lifecycle performance improvements. ·Experience in industrial or engineered product environments preferred. Knowledge, Skills, and Abilities ·Strong leadership and organizational skills with ability to influence across functions. ·Deep understanding of product lifecycle management, including stage-gate processes. ·Strong financial acumen, including ROI, profitability, and business case development. ·Knowledge of pump hydraulics and industrial systems preferred. ·Strong analytical and strategic thinking capabilities. ·Excellent communication, presentation, and interpersonal skills. ·Ability to manage multiple priorities and complex cross-functional initiatives. ·Proficiency in interpreting technical drawings and product specifications. Physical Requirements & Working Conditions ·Primarily office-based with periodic travel. ·Ability to travel by car or air as required. ·Sedentary work with occasional lifting up to 20 pounds. ·Ability to sit, stand, bend, reach, and use standard office equipment. #J-18808-Ljbffr
$88.2k - $132.2k
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