Regal Rexnord Corp-posted 3 months ago
Full-time • Senior
Hybrid • Milwaukee, WI
Electrical Equipment, Appliance, and Component Manufacturing

Reporting to the Director of Product Management, this critical team member will be responsible for driving profitable growth through ownership of the product and marketing roadmap for Engineered Drives. This role will lead and drive profitable growth for the product platforms through new business development aimed at existing and new markets with a focused value proposition, product roadmap, and appropriate business model deployment to capture equipment plus data/services recurring revenue for the business unit. This position will be responsible for all aspects of the product life cycle, new product development programs, implementation of product/customer marketing strategies, value propositions, price positioning, and commercial launch activities to maximize profitable growth. This role will also lead initiatives focused on driving portfolio share gain & margin expansion by partnering and collaborating with sales, engineering, and operations teams globally. The ideal candidate for this role will have strong cross-functional leadership, business acumen, change management, team leadership, and interpersonal skills.

  • Develop a thorough understanding of the overall market, including overall size/growth by submarket & applications, industry trends/landscape, competitive & customer insights.
  • Support the development of strategic plan & AOP including a detailed assessment of market, competition, customer/business growth plans and specific levers driving topline revenue and operating profit for the product platforms.
  • Develop multigenerational Product Line Roadmaps and secure cross-functional leadership consensus and buy-in on prioritization of the needed initiatives, scope, and investments.
  • Lead voice of the customer (VOC), primary and secondary research to facilitate the development of product strategies, product plans, and identification of new products and service opportunities.
  • Identify and lead strategic projects to evaluate and provide strategic direction for innovative growth opportunities that leverage technology, market trends, and integrated solutions.
  • Direct the development & maintenance of long-term Technology and Product Road Maps.
  • Drive portfolio simplification and complexity reduction for margin expansion using core 80/20 principles.
  • Lead strategic marketing and sales efforts in funnel development for new and existing products.
  • Drive strategic price positioning and value pricing efforts to drive margin expansion.
  • Manage New Product Introductions from Concept Development to Commercialization.
  • Lead VOC to identify market requirements and trends to drive continuous improvements and to identify product enhancement opportunities.
  • Lead cross-functional new product development teams and all aspects associated with the product definition, product development, pricing, market introduction, sales tools, and promotion plans.
  • Drive PMO to lead NPD stage-gate processes to launch new products from concept to full commercialization.
  • Develop the positioning strategy for all products and services, considering price, volume, share, and profitability.
  • Partner with Engineering and operations leaders in prioritization and scoping critical product development projects.
  • Lead marketing to develop and deliver training materials to support training programs.
  • Partner and collaborate with sales and commercial leaders to identify growth opportunities and drive new product customer penetration.
  • Lead all product line marketing-related activities and champion cross-functional activities to maximize overall product line performance, including revenue growth, margin improvement, cost reduction, quality, and delivery.
  • A bachelor's degree in engineering, operations, business/marketing, or an MBA is strongly preferred.
  • Minimum 10 years of Product Management, Marketing, Strategy, Operations, Engineering, Business Development, or related experience.
  • Gearing Industry experience or experience in the mining, grain, cement, metals, or fertilizer industry is preferred.
  • Strong financial and business acumen.
  • 80/20 complexity reduction and simplification experience.
  • Demonstrated strategic decision-making skills regarding pricing, customer problems, SIOP forecast/inventory, make-buy decisions, and similar business-related concerns.
  • Strong leadership skills with the ability to communicate, interact, and influence at all levels of the organization to drive results.
  • Strong organizational and problem-solving skills.
  • Proven ability to develop trusted, respectful relationships internally and externally.
  • Excellent presentation, verbal, and written communication skills.
  • High level of personal initiative, energy and ownership of business results.
  • Solid experience interacting with both internal and external customers is required.
  • Proven ability to lead courageously, to drive large cross-functional teams to success in challenging situations.
  • Proven ability to analyze, interpret and draw meaningful and accurate conclusions from data.
  • Proven ability to conduct complex financial analyses, develop financial models and interpret P&L statements.
  • Ability to develop strategic plans and drive tactical execution.
  • Strong program and project management skills to manage a portfolio of projects with optimum cost, schedule, and quality.
  • Strong Computer skills: Microsoft Office applications required. Knowledge of SAP a plus.
  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance
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