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Director of Global Product Management

The Director of Product Management is responsible for the development and execution of product lifecycle roadmaps that enable sustainable differentiation for the business, while ensuring a balanced portfolio of investments in core products through the identification of new product development in top customers or markets utilizing the 80/20 principle.

This position requires close collaboration with cross-functional teams in engineering, sales, marketing, operations, and business leadership. As a leader, this position is responsible for developing a team of product managers who thrive in a dynamic, fast-paced environment and are driven to excel and perform at their highest potential.  This position is also responsible for driving activities and decisions focused on maintaining a high level of customer satisfaction and growing market share.

RESPONSIBILITIES:

People Leadership

  • Culture – Foster a culture of acting with a high sense of integrity, inclusion, engagement, responsibility, transparency and performance with a sense of urgency.
  • Training and Development – Attract, develop, and retain talent within the department to ensure the competency level of all employees is enough to be fully effective in their roles.
  • Establish a results-oriented management style that measures and evaluates individual performance against clearly defined accountable competencies, responsibilities and objectives.

Product Leadership

  • Manage the product line P&L and the entire life cycle of all product lines within the business from strategic planning, product definition, tactical launch activities and end of life.
  • Develop and implement product IoT initiative and strategy
  • Operate as the internal voice of our customers across development teams, (primarily Engineering, Sales and Marketing) through an understanding of market requirements, product definition, training and launch activities.
  • Develop and implement a cohesive short- and long-term product line roadmaps.
  • Implement a robust product line simplification and platforming process that delivers cost savings and efficiencies.
  • Coordinate and lead the on-going Innovation/VOC exercises. Combining this information with a business case analysis to define business requirements and the products value proposition.
  • Manage new product development initiatives, return-on-Investment analysis, business cases and new product applications
  • Own the NPD funnel and use CFI process to drive NPD projects in partnership with cross-functional teams.
  • Develop core messaging and positioning for all products within the business based on the established value proposition.
  • Define pricing and sales strategy/policies for all products within the business and drives these through the division.
  • Maintain a high level of expertise in the competitive landscape including competitive product and pricing strategy.
  • Collaborate with other segment and division Product Managers to develop effective divisional product line development opportunities.
  • Analyze potential partner relationships that can either enhance current offerings or fill necessary gaps in offerings.
  • Leverage 80/20 and continuous improvement in all aspects of product management, decision making and actively participate in on-going projects team that maximize overall organizational effectiveness and efficiency.
  • Consolidate divisional annual sales plans for all products, promotional and advertising efforts, and other meaningful data.

Benefits

  • Medical, Dental, Vision and Prescription Drug Coverage

  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

  • Paid Time Off and Holidays

  • 401k Retirement Plan with Matching Employer Contributions

  • Life and Accidental Death & Dismemberment (AD&D) Insurance

  • Paid Leaves

  • Tuition Assistance

About Regal Rexnord

Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.

Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com.  If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.

Equal Employment Opportunity Posters

Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

Average salary estimate

$150000 / YEARLY (est.)
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$120000K
$180000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director of Global Product Management, Regal Rexnord

Are you ready to take your career to the next level? Regal Rexnord is on the lookout for a dynamic Director of Global Product Management to join our vibrant team in Downers Grove, Illinois. In this pivotal role, you will be the driving force behind our product lifecycle roadmaps, ensuring our offerings stand out in the market. Your expertise will help guide cross-functional teams, including engineering, sales, and marketing, to foster innovation and achieve high customer satisfaction. You’ll be developing a dedicated team of product managers, creating an inclusive culture that thrives on integrity, engagement, and performance. You'll also strategize around core product investments and new developments to maximize our market share. If you're passionate about driving product success and leading teams in a fast-paced environment, we want to hear from you. Join us at Regal Rexnord, where we empower, transmit, and control motion for a brighter future!

Frequently Asked Questions (FAQs) for Director of Global Product Management Role at Regal Rexnord
What are the responsibilities of the Director of Global Product Management at Regal Rexnord?

The Director of Global Product Management at Regal Rexnord oversees the entire lifecycle management of product lines, ensuring a balanced portfolio that emphasizes both core products and new developments. This role involves collaborating with engineering, sales, and marketing teams, managing product P&L, developing product roadmaps, and leading innovation initiatives while maintaining high customer satisfaction.

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What qualifications are needed for the Director of Global Product Management position at Regal Rexnord?

Candidates for the Director of Global Product Management at Regal Rexnord should have a strong background in product management, ideally with experience in an industrial manufacturing environment. A proven track record in leadership, strategic planning, and cross-functional collaboration is crucial. Additionally, applicants should possess excellent analytical skills to drive return on investment analyses and business development initiatives.

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How does Regal Rexnord ensure a positive team culture within the Global Product Management team?

At Regal Rexnord, fostering a positive team culture is paramount. The Director of Global Product Management is responsible for creating an inclusive work environment that encourages integrity, engagement, and high-performance standards. By focusing on talent development and establishing clear objectives, the company ensures its team members thrive in a dynamic setting.

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What skills are essential for success as the Director of Global Product Management at Regal Rexnord?

Success as the Director of Global Product Management at Regal Rexnord requires strong leadership, excellent communication, and strategic thinking skills. Candidates should also have a deep understanding of market trends, competitive landscapes, and product development processes. Additionally, the ability to collaborate effectively across various functions is essential to drive product success.

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What impact does the Director of Global Product Management have on customer satisfaction at Regal Rexnord?

The Director of Global Product Management plays a key role in enhancing customer satisfaction at Regal Rexnord by acting as the internal voice of the customer. This involves understanding market requirements, guiding teams in product definition, and ensuring effective training and launch activities. By aligning product offerings with customer needs, this role is crucial to sustaining long-term customer relationships.

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Common Interview Questions for Director of Global Product Management
Can you describe your experience with managing product lifecycles?

In responding to this question, highlight specific examples of how you have overseen the product lifecycle from strategic planning to product launch. Discuss the frameworks you used, such as Agile or Waterfall, and how these approaches contributed to successful outcomes.

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How do you prioritize product initiatives in a fast-paced environment?

Emphasize your process for assessing market needs, customer feedback, and business objectives to prioritize product initiatives. Consider mentioning frameworks like the 80/20 principle to illustrate your focus on impactful projects while maintaining flexibility in a dynamic setting.

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What strategies have you used to improve collaboration among cross-functional teams?

Discuss your approach to fostering teamwork, such as establishing clear communication channels, scheduling regular meetings, and setting shared goals. Also, mention any tools you've used to facilitate collaboration, like project management software or shared documentation.

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Can you give an example of a successful product launch you managed?

Share a detailed story of a product launch that highlights your role in leadership, key challenges you faced, and the strategies you employed to drive success. Include specific metrics that demonstrate the launch's success, such as increased market share or revenue growth.

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How do you adjust your product strategies based on market research?

Illustrate the importance of data-driven decision-making by providing examples of how you have integrated market research into your product strategies. Discuss specific tools, methodologies, or data points you utilize to adapt your approach based on evolving market trends.

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What is your approach to managing product P&L effectively?

Explain your experience with tracking product P&L, including methods for analyzing costs, pricing strategies, and revenue forecasts. Provide examples of how you've successfully managed P&L in the past to meet or exceed business goals.

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How do you define a successful product manager?

Share your insights on the qualities that make a great product manager, such as strong communication skills, analytical thinking, and the ability to collaborate effectively. Discuss how these qualities lead to successful product outcomes and team dynamics.

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What key metrics do you use to track product performance?

Discuss a variety of metrics you prioritize for tracking product performance, including sales revenue, customer satisfaction scores, and market share. Explain how you use these metrics to inform decision-making and guide future product developments.

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How do you maintain a competitive edge in product management?

Emphasize your commitment to staying abreast of industry trends and competitors. Discuss methods you've used to conduct competitive analysis and how these insights help shape your product strategies to enhance competitive advantage.

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What role does customer feedback play in your product management process?

Highlight the significance of customer feedback as a critical component of product management. Provide examples of how you have collected and utilized customer insights to improve existing products or inform the development of new features.

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DATE POSTED
March 29, 2025

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