VICE PRESIDENT OF PRODUCT AND MARKET STRATEGY

Company: Vollrath Company
Location: Sheboygan
Posted on: October 19, 2024

Job Description:

Vice President of Product and Market Strategy Job Category: Executive Staff
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Requisition Number: VICEP001912Posted: October 10, 2024Full-TimeOn-siteLocationsSheboygan, WI 53081, USADescriptionThe Vice President of Product and Market Strategy is pivotal in driving our product vision, go-to-market strategy, and ensuring alignment with market needs. This role provides strategic thinking, market analysis, and product management expertise, with a strong track record of leading successful product initiatives and a deep understanding of the foodservice industry.Job ResponsibilitiesStrategic Leadership:

• Develop and execute a comprehensive product and market strategy that aligns with the company's overall vision and objectives.
• Collaborate with executive leadership to identify growth opportunities and long-term strategic initiatives.Market Analysis:
  • Conduct thorough market research and competitive analysis to inform product development and positioning.
  • Identify emerging market trends and customer needs to ensure the company remains a leader in innovation.Product Development:
    • Oversee the entire product lifecycle, from ideation to launch, ensuring that products meet market demands and exceed customer expectations.
    • Guide cross-functional teams, including engineering, design, and marketing, to deliver high-quality products on time and within budget.Stakeholder Engagement:
      • Build and maintain strong relationships with key stakeholders, including customers, partners, and internal teams.
      • Present product strategies and updates to the executive team and board of directors.Financial Analysis and Performance:
        • Understanding of common financial reports and ability to perform detailed financial analysis to optimize financial results.
        • Define and track key performance indicators (KPIs) to measure the success of product initiatives, market strategies, and the overall business.
        • Utilize data-driven insights to make informed decisions and optimize product offerings.
        • Build, mentor, and lead a high-performing product and market strategy team.
        • Develop and grow business, strategic, and financial acumen amongst the team.
        • Foster a culture of innovation, collaboration, and continuous improvement.Supervisory Responsibilities/Direct Reports:
          • Manage a team of Product Managers.Education & Experience:
            • Bachelor's degree in Business, Marketing, Engineering, Finance, Accounting, or a related field; MBA required.
            • 10+ years of experience in product management, market strategy, finance, or related fields, with at least 5 years in a leadership role.
            • Proven track record of launching successful products and driving market growth.Skills, Knowledge & Abilities:
              • Strong analytical skills with the ability to leverage data for strategic decision-making.
              • Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.Travel:
                • Up to 25% North American travel, occasional international travel.
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Keywords: Vollrath Company, Racine , VICE PRESIDENT OF PRODUCT AND MARKET STRATEGY, Executive , Sheboygan, Wisconsin