Product Strategy Director
4 weeks ago
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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