Product Strategy Director

4 weeks ago


Dammam, Saudi Arabia Linked4HR Human Resources Consultancies LLC Full time

One of our prestigious clients is looking to hire a Product Strategy Director, with 12+ years of experience In the Ship building industry who will be responsible for but not limited to:

Job Overview

Provide strategic leadership in shaping and executing the product vision for our
shipbuilding and Maintenance, Repair, and Operations (MRO) services. Guide cross
functional teams to develop cutting-edge solutions that align with market demands,
ensuring our continued position as an industry pioneer. Leading the way towards a future
of excellence in shipbuilding and MRO services.

Strategic Responsibilities

  • Align division goals, processes, and resource allocation with the organizational strategy while maintaining awareness of commercial and business objectives.
  • Ensure the accomplishment of organizational unit objectives by managing staff;
    planning and evaluating organizational unit activities.
  • Define objectives, identifies, and evaluates trends and options, chooses a course of
    action, and evaluates outcomes.
  • Accomplish financial objectives by forecasting requirements, preparing an annual
    budget, scheduling expenditures, analyzing variances, and initiating corrective actions.
  • Support with strategic problems resolution and subjective decision making.

Managerial Responsibilities

  • Supervise the entire work done by the team members and making sure it is completed on time without any delay.
  • Lead the team to complete tasks and meet goals through delegation of responsibilities and supervising business operations.
  • Set the vision and motivation of the team in order to achieve the sought objectives
    efficiently.
  • Set appropriate and achievable deadlines.
  • Track and report critical organizational unit performance results and escalate and
    negotiate business related issues to senior management.
  • Accomplish staff results by communicating job expectations, planning, monitoring, and appraising job results.

Functional Responsibilities

  • Develop, communicate, and implement a holistic product strategy that aligns with the company's vision and long-term objectives.
  • Work closely with executive leadership to refine and prioritize the product roadmap.
  • Conduct comprehensive market analyses to identify emerging trends, competitor
    activities, and customer needs in the shipbuilding and MRO services sector.
    Utilize market insights to drive informed decision-making and maintain a competitive edge.
  • Lead and inspire a cross-functional team, including product managers, engineers, and designers, throughout the product development lifecycle.
  • Ensure the timely, cost-effective delivery of innovative and high-quality shipbuilding and MRO products.
  • Apply in-depth technical knowledge of shipbuilding processes, materials, and
    engineering principles to guide product development initiatives.
  • Collaborate closely with the engineering team to assess the technical feasibility and viability of new product concepts.
  • Foster a culture of collaboration by facilitating effective communication across
    departments, ensuring alignment between product strategy, marketing, sales, and
    operations.
  • Serve as a bridge between technical and non-technical stakeholders, translating
    complex concepts into business-friendly language.
  • Establish and monitor key performance indicators (KPIs) to gauge product success and market penetration.
  • Provide regular, detailed updates to the executive team on the progress of ongoing
    product development initiatives.

Qualifications

  • Bachelor's Degree in Business Administration or any other similar field.
  • Above 12 years of experience in related field including 6 years in a leadership role.
  • Master's Degree in Business Administration or any other similar field.


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