SR MGR PRODUCT MANAGEMENT

Job Overview

TE Connectivity's Product Management Teams manage all aspects of a product, from driving new product development to manufacturing to marketing. They are responsible for overall product strategy, business leadership and capacity plans in order to meet sales and profit targets.

The Industrial Business Unit of TE Connectivity has an opportunity for a Global Product Manager (GPM) for the Industrial BU. Within a designated sub-vertical, the GPM will own the product strategies for the assigned global portfolio of ~$200+M. 

This position manages all aspects of the assigned portfolio throughout the lifecycle, including strategy, revenue, profitability, portfolio decisions, roadmaps and new product developments. This leader is responsible for revenue and gross margin of the portfolio and will play a pivotal role in driving the strategy to scale the business substantially and accelerate growth over the next 5 years based on new product introduction, go-to-market expansion, and entry into adjacent applications. S/he will rationalize the portfolio and drive gross margin expansion through mix improvement and production cost reduction.  

The GPM will bring a strategic, growth- and margin-oriented mind-set paired with excellent commercial acumen. 

What your background should look like:

Strategy Development 

• Develops clear portfolio strategy for strong financial outcomes.
• Drives breakthroughs via innovative approaches such as new market entries, product innovations, and strategic partnerships.
• Cascades vision throughout the organization, aligning with near-term plans and metrics for organizational buy-in.
• Communicates market trends, customer needs, and competitive landscape to guide decision-making.
• Collaborates on product and technology roadmaps with engineering and sales teams to meet business and market needs.
• Works closely with R&D and operations to develop products meeting current and future market demands.

Partnerships & M&A’s 

• Builds a robust pipeline of M&A targets in alignment with the portfolio strategy 
• Builds direct relationships with potential acquisition targets 
• Drives the cultivation of the M&A targets in collaboration with the Business Development function 
• Drives partnerships and acquisitions to build scale and enhance relevance to customers and channel partners  
• Leads the Product Management aspect of post-merger integration, including:  
  • Portfolio optimization through harmonization and rationalization 
  • Establishing and running efficient professional product management processes 

Business Plan Execution 

• Defines resource requirements necessary to execute the product and technology roadmaps 
• Establishes and executes pricing policy 
• Partners with regional product management and drives empowerment and accountability that accelerates speed and responsiveness while jointly defining go-to-market strategies; Works effectively with the Regional Product Manager teams to drive execution of the product line strategies  
• Partners with the operations team to define the appropriate service models to win in the market 
• Executes flawlessly on value drivers and key priorities of the business – Actively engaged in the relevant value drivers 
• Establishes and develops close relationships with key customers 
• Champions NPI project pipeline while closely partnering with project management, manufacturing and engineering to drive products to market on time and on budget. 

Drives the full P&L 

• Manages the P&L (sales and gross margin) for the assigned product line 
• Delivers growth above market through strong NPI and share gain execution  
• Drives YoY gross margin expansion by developing and executing robust pricing strategies, driving operational productivity, and improving mix 
• Leads critical projects to drive competitive advantage for the assigned product line 
• Tracks progress to the business plan and facilitates resolution to gaps 
• Achieves results by creating an operating rhythm for the business that helps the team accomplish top-line and bottom-line results in a predictable manner 

Talent Management  

• Oversees a diverse array of global product managers, cultivating a growth-oriented mindset and fostering effective communication across all organizational tiers worldwide, while emphasizing a commitment to continuous improvement.
• Global leader with a track record of developing and inspiring high performing teams across multiple regions.

Qualifications and Experience Required:

• 15+ years experience of product management and strategy or business development.
• 8+ years of team leadership in a Product Management Environment.   
• Proven track record in portfolio management with demonstrated success in portfolio optimization, product road-mapping, product gap identification, and product launch 
• Proven track record of meeting/exceeding financial performance including top-line and profit expansion, cost reduction, and margin improvement 
• Global leader with a track record of developing and inspiring high performing teams across multiple regions. 
• Experience working in a highly matrixed structure, at pace, and with high degrees of ambiguity 
• Exposure and experience in the Industrial market is desired 
• Strong financial acumen. Has the ability to understand implications of key financial and quantitative factors. Effectively draws conclusions from quantitative information.  
• Bachelor’s Degree in Engineering, Business Administration or equivalent.  
• MBA or relevant P&L experience preferred / “nice-to-have". 
• Willingness to travel up to 25% (domestic and international) 
• English language required. 

Competencies