Group Product Manager - Connected Products

Fortune Brands • Deerfield, IL

1d • $105,000 - $165,000 • Hybrid

About The Position

Are you interested in being a part of a fast growing, agile product management team that brings new smart, connected products to market? The Connected Security team has a new opening for a Group Product Manager hybrid based out of our Global headquarters in Deerfield, IL or San Francisco, CA location. The Group Product Manager will be instrumental in leading and executing product management for a portfolio of retail solutions within our Connected Products Business, related to the security group brands of Master Lock and Yale. The Group Product Manager leads a team of connected product managers. The Group Product Manager drives category growth through portfolio execution and defines the strategic vision for their team driven by the overall Security business vision. They have a deep understanding of the target market/industry/user and build close relationships with key stakeholders to ensure that business priorities are aligned with overall strategy. This role manages dependencies with other teams’ functions while identifying, building and managing strategic partnerships across the different teams. They work closely with commercial functions, project, development and supply chain teams to ensure business value is maximized. Group Product Managers will be accountable for their category revenue growth, category and portfolio growth strategy, and for specific business OKRs based on their Security portfolio needs.

Requirements

• 5+ years of experience in product management, category management, or product ownership within a consumer electronics, IoT, smart home, or connected products company.
• Should demonstrate a deep knowledge and passion for how customers work and think.
• Demonstrated team leadership experience, including managing, mentoring, or leading a team of product or category managers.
• Bachelor’s Degree in Engineering, Business, Marketing, a related field, or equivalent experience required.
• Proven ability to drive category growth through data-driven insights and innovative strategies.
• Solid knowledge of industry trends and pain points, with the ability to create a high-value product vision that meets user demands.
• Strong communication skills with ability to communicate complex messages and trade-offs and tell a compelling story at all levels of the organization.
• Entrepreneurial mindset and passion to challenge status quo to find new solutions and drive out-of-the-box ideas – loves and embraces change.
• Able to build a sense of trust and rapport that creates a comfortable & effective workplace.
• Brings a high-energy and passionate outlook to the job and can influence those around them.
• Strong analytical skills, including the ability to arrive at insights from data, are essential for market and competitive evaluation, pricing and line management.
• Demonstrated ability to be a team player with skills to lead/participate in cross-functional teams.
• Ability to travel approximately 15%, mainly to trade shows & customer locations.

Nice To Haves

• MBA preferred.

Responsibilities

• Develop and execute a comprehensive category strategy to drive sales growth, market share, and profitability.
• Identify market trends, competitive threats, and consumer needs to inform portfolio roadmap and go-to-market strategies.
• Establish clear KPIs and performance metrics to track category success.
• Partner with Software Product Leadership to drive platform-level software prioritization.
• Lead & own the product portfolio strategy and lifecycle for the assigned Connected Products portfolio.
• Develop and execute a 3-year portfolio roadmap plan through conducting ongoing competitive, market, and Voice of Customer (VOC) analysis to deliver best-in-class solutions.
• Partner with cross-functional product development (hardware & software) teams to define new product introductions and provide regular updates to business leadership.
• Lead the product management team as they define requirements and features for multiple teams (hardware & software) to deliver on value proposition, unique selling proposition, price, margin and supply for new product development.
• Define market segment priorities and partner with Sales & Channel Marketing to establish go-to-market strategies and plans to achieve business objectives.
• Lead portfolio and pricing strategy for the assigned product portfolio, driving revenue and margin contribution to achieve business objectives.
• Develop compelling product messaging and promotional strategies that resonate with target consumers.
• Leverage data analytics, market research, and consumer insights to inform category strategy.
• Monitor category performance, pricing trends, and competitive benchmarks to make proactive adjustments.
• Influence senior leadership by providing strategic recommendations based on category insights.
• Build strong relationships with external partners, channel partners, and technology partners.

Benefits

• annual bonus plan based on company and individual performance, or a role-based sales incentive plan
• robust health plans
• market-leading 401(k) program with a company contribution
• product discounts
• flexible time off benefits
• adoption benefits
• numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates

What This Job Offers

• Job Type: Full-time
• Career Level: Manager