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Graco · 1 day ago

Director, Product Management

Rogers, MN

Full-time

Hybrid

Director/Executive

$124K/yr - $216K/yr

10+ years exp

Graco is a manufacturer of premium equipment for fluid and powder materials. The Director of Product Management for the Contractor Division is responsible for executing the product development strategy, leading teams to manage the product lifecycle, and ensuring market competitiveness.

ConstructionMachinery ManufacturingManufacturing

Comp. & Benefits

No H1B

Responsibilities

Develop, implement and lead 5-year product roadmaps that are in alignment with the division’s global marketing strategy, and lead a team of product managers to execute upon the strategy

Define strategic goals, prioritize initiatives, and ensure the roadmap supports overall business objectives

Lead team efforts in executing Customer Requirements Documentation (CRD) and effectively partner with operations and engineering for product development execution

Manage the product portfolio to ensure it meets market needs and supports the division’s strategic goals

Strategically optimize technology across different verticals and applications to enhance product functionality and customer value

Oversee SKU rationalization to streamline the product portfolio and maximize profitability

Lead the efforts to conduct comprehensive technical market research to understand customer needs, industry trends, and competitive dynamics

Use research insights to inform product strategies, optimize marketing efforts, and maintain a competitive edge

Continuously optimize products based on performance metrics, customer feedback, and market trends

Prepare and present detailed reports on product performance to the VP of Global Marketing and other senior leaders

Provide actionable recommendations based on performance data to guide strategic decisions

Monitor and report overall product and portfolio performance and KPIs in accordance with strategic product roadmaps

Engage with key stakeholders, including marketing, sales, engineering, and customer support, to gather insights, address challenges, and drive cross-functional collaboration in the development and execution of the product roadmap

Facilitate coordination between teams to support product development and execution

Lead, mentor, manage, and staff a team of product management leaders and individual contributors, ensuring alignment with organizational goals and promoting a culture of excellence

Drive team performance by setting clear goals, providing ongoing feedback, and facilitating professional growth opportunities

Establish, manage, and be accountable for the annual product management budget, ensuring effective allocation of resources and alignment with organizational strategic objectives

Qualification

Product Portfolio ManagementStrategic PlanningProduct Lifecycle ManagementTechnical Market ResearchFinancial Metrics AnalysisCross-Functional CollaborationTeam LeadershipAnalytical SkillsMBAAdvanced DegreeGlobal Industrial ManufacturingFluid Management KnowledgeCommunicationProblem-Solving Skills

Required

Bachelor's degree in Business, Marketing, Engineering, or a related field; an MBA or equivalent advanced degree is preferred

10+ years of experience in product portfolio management, with a strong track record in strategic planning, product lifecycle management, and marketing execution

Excellent leadership skills; 5+ years of team leadership experience preferred

Strong technical background with the ability to understand and communicate complex technical concepts to a non-technical stakeholder

Strong understanding of product financial metrics and the ability to develop business cases and ROI analysis for new product initiatives

Proven experience in optimizing technology across verticals

Demonstrated ability to collaborate with cross-functional teams and manage complex projects

Excellent communication and presentation skills, with experience reporting to senior leadership

Strong analytical and problem-solving skills, with a data-driven approach to decision-making

Ability to travel approximately 20% of the time, domestic or international

Applicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT)