As a Director of Portfolio Management focused on Portfolio Growth here at Honeywell, you will play a crucial role in driving growth and profitability by aligning our offerings with growth industries and end segments. You will be responsible for developing and executing strategies to expand our portfolio and capture market opportunities in high-growth sectors. Your strong leadership skills, strategic thinking, and market insights will be essential in driving the success of our business.
In this role, you will have a significant impact on our strategic direction, revenue growth, customer acquisition, and market share expansion.
Please visit our website for more information on the work we're doing in Phoenix Controls: https://buildings.honeywell.com/us/en/brands/our-brands/phoenix-controls
Ideal Candidate Experience:
Proven experience (typically 10+ years) in product management, offering management, or related roles, with significant experience in portfolio management and leadership positions.
Previous experience leading an offering management function with a focus on portfolio growth
Strong strategic thinking, analytical, and problem-solving skills, with a track record of driving business growth through effective portfolio management.
Strong ability to identify growth industries segments with high market potential
Experience with developing and executing strategies to expand portfolio's alignment with growth opportunities.
Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries.
Developed pricing and go-to-market strategies to maximize revenue and market share
Monitored and track portfolio performance and make data-driven decisions to optimize growth
Key Responsibilities:
Portfolio Strategy and Development:
Develop and execute the overall strategy for the company's product portfolio, encompassing both existing products and new offerings.
Conduct market analysis, customer segmentation, and competitive assessments to identify market trends, opportunities, and portfolio gaps.
Define and prioritize portfolio investments based on strategic fit, market potential, and financial viability.
Product Lifecycle Management:
Oversee the entire lifecycle of products within the portfolio, from concept development through to end-of-life decisions.
Collaborate with cross-functional teams (R&D, engineering, marketing, sales, operations) to define product roadmaps, feature enhancements, and product differentiation strategies.
Monitor product performance metrics, including revenue growth, profitability, and market share, and make data-driven decisions to optimize portfolio performance.
Stakeholder Management and Collaboration:
Serve as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market dynamics.
Foster collaboration and alignment across departments to drive portfolio growth and profitability.
Build strong relationships with internal stakeholders, external partners, and key customers to drive co-development opportunities and enhance product offerings.
Continuous Improvement and Innovation:
Lead continuous improvement initiatives to enhance product quality, customer satisfaction, and operational efficiency within the portfolio.
Stay abreast of industry trends, technological advancements, and competitive landscape to identify opportunities for product innovation and differentiation.
Champion a culture of innovation and excellence within the offering management team, encouraging creativity, collaboration, and continuous learning.
The annual base salary range for this position is $180,000-$230,000 Please note that this salary information serves as a general guideline. Honeywell considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.
This position is incentive plan eligible.
In addition to a competitive salary, leading-edge work, and developing solutions side-by-side with dedicated experts in their fields, Honeywell employees are eligible for a comprehensive benefits package. This package includes employer subsidized Medical, Dental, Vision, and Life Insurance; Short-Term and Long-Term Disability; 401(k) match, Flexible Spending Accounts, Health Savings Accounts, EAP, and Educational Assistance; Parental Leave, Paid Time Off (for vacation, personal business, sick time, and parental leave), and 12 Paid Holidays. For more information visit: Benefits at Honeywell (https://benefits.honeywell.com/)
The application period for the job is estimated to be 40 days from the job posting date; however, this may be shortened or extended depending on business needs and the availability of qualified candidates. anagement team, encouraging creativity, collaboration, and continuous learning.
YOU MUST HAVE
Minimum of 10 years of experience in offering management or related roles
Proven track record of driving portfolio growth and capturing market opportunities
Strong leadership and people management skills
Excellent strategic thinking and problem-solving abilities
Ability to analyze market trends and customer needs to identify growth opportunities
Excellent communication and interpersonal skills
WE VALUE
Bachelor's degree in Business, Engineering, or related field
Master's degree in Business, Engineering, or related field
Experience in a global organization
Experience in leading offering management teams focused on portfolio growth
Strong analytical and market research skills
Ability to adapt to a fast-paced and changing environment
Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments - powered by our Honeywell Forge software - that help make the world smarter, safer and more sustainable.
Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.