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Manager of Portfolio Management

Here at Siemens, we take pride in enabling sustainable progress through technology. We do this through empowering customers by combining the real and digital worlds. Improving how we live, work, and move today and for the next generation! We know that the only way a business thrive is if our people are thriving. That’s why we always put our people first. Our global, diverse team would be happy to support you and challenge you to grow in new ways. Who knows where our shared journey will take you?As the Manager of Portfolio Management, you will play a pivotal role in driving business volume and market share growth. You will lead the Portfolio Management team, which is essential for maintaining our competitive edge. Your responsibilities will include market analysis, developing go-to-market strategies, optimizing product lifecycle management, generating demand, and ensuring alignment with global business objectives. These efforts will support the products of the Process Automation Business Unit, ensuring we accelerate growth and capture market share.This role leads a diverse team of approximately 11 Product Managers and Marketing Specialists and reports to the Director of Portfolio Sales Development within the Process Automation Business Unit (Siemens Digital Industries) in the United States.We are looking for a Manager of Portfolio Management. This role will be based in Harleysville, PA, and relocation will be considered for out of area individuals.As the Manager of Portfolio Management, you will make an impact by:Managing the Process Automation Portfolio, overseeing local product launches, sales training, demo equipment, and local product requirements. Your role includes managing change, introducing standard processes, and coaching your team for success.You'll make an impact by:• Reviewing and optimizing product management and marketing tasks to drive growth.• Creating product business plans that identify US market opportunities and strategies to mitigate risks.• Collaborating with the Process Automation Business Unit and Digital Industries to maintain portfolio visibility.• Developing and offering training for Siemens Sales, Sales support, and external partners.• Gathering market requirements, competition, and pricing insights.• Advocating for US regional needs in global product development.• Serving as the primary product owner, collaborating with HQ to address and resolve US customer or product issues.• Managing the regional product roadmap and escalating product issues.• Addressing product issues including safety or recall topics.• Managing pricing and discounting to ensure margin targets are met.• Supporting operational product setup, and related IT topics as the product expert.• Supporting and overseeing demand-generation activities in line with strategic initiatives.• Monitoring demand-generation performance to measure impact and ROI.• Leveraging performance data to make informed decisions on future marketing investments.You’ll win us over by having the following qualifications:• Bachelor’s degree is required, typically in Engineering or technology field.• 10+ years of relevant leadership experience in product management, marketing, and/or portfolio development in a large corporate setting.• Knowledge of core Process Automation technologies and key customer markets.• Proven success in driving portfolio topics in industrial settings.• Experience in managing teams and leading change.• Skilled in developing and optimizing internal processes.• Strong delegation and market trend analysis skills.• Ability to influence and achieve results in a global matrixed organization.• High degree of professionalism and integrity.• Traveling up to 15-20% of the timeYou’ll benefit from:• Siemens offers a variety of health and wellness benefits to our employees. Details regarding our benefits can be found here: https://www.benefitsquickstart.com/siemens/index.html• The pay range for this position is $140,210 - $240,360 and the annual incentive will be 20% of the base salary. The actual wage offered may be lower or higher depending on budget and candidate experience, knowledge, skills, qualifications and premium geographic location.Create a better #TomorrowWithUsAbout Siemens:We are a global technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to sustainable transportation as well as advanced healthcare, we create technology with purpose adding real value for customers.Our Commitment to Diversity, Equity, and Inclusion:We value your unique identity and perspective. We are fully committed to providing equitable opportunities and building a workplace that reflects the diversity of society. Come bring your authentic self and create a better tomorrow with us. Learn more about our commitment to DEI here.Protecting the environment, conserving our natural resources, fostering the health and performance of our people as well as safeguarding their working conditions are core to our social and business commitment at Siemens. They are an integral part of our Business Conduct Guidelines and our corporate strategy.Equal Employment Opportunity StatementSiemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.Reasonable AccommodationsIf you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form by clicking on this link Accommodation for disability form. If you’re unable to complete the form, you can reach out to our AskHR team for support at 1-866-743-6367. Please note our AskHR representatives do not have visibility of application or interview status.EEO is the LawApplicants and employees are protected under Federal law from discrimination. To learn more, Click here.Pay Transparency Non-Discrimination ProvisionSiemens follows Executive Order 11246, including the Pay Transparency Nondiscrimination Provision. To learn more, Click here.California Privacy NoticeCalifornia residents have the right to receive additional notices about their personal information. To learn more, click here.
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What You Should Know About Manager of Portfolio Management, Siemens

At Siemens, we are passionate about embracing technology to encourage sustainable growth and positive change. As the Manager of Portfolio Management, you'll be at the heart of our Process Automation Business Unit in Syracuse, NY, leading a dynamic team of 11 Product Managers and Marketing Specialists. In this pivotal role, your mission will be to drive both business volume and market share growth by diving into market analysis and crafting go-to-market strategies. You'll be the champion of our product lifecycle management and demand generation, ensuring that our efforts align seamlessly with global business objectives. Bringing your expertise to the table, you'll oversee local product launches, create insightful product business plans, and improve our sales training and demo equipment to serve our clients better. With around 10 years of experience in product management or marketing, you'll leverage your knowledge of Process Automation technologies to advocate for the US market while collaborating closely with global teams. At Siemens, we firmly believe that our success is tied to our people. Joining us means being part of a diverse and inclusive workplace where you can grow professionally and personally. We're excited to see the vibrant contributions you will make to help us take our products and services to new heights together!

Frequently Asked Questions (FAQs) for Manager of Portfolio Management Role at Siemens
What are the key responsibilities of the Manager of Portfolio Management at Siemens?

The Manager of Portfolio Management at Siemens is primarily responsible for driving business volume and market share growth for the Process Automation Business Unit. This includes leading a diverse team, overseeing product launches, developing go-to-market strategies, and optimizing product lifecycle management. You will also be in charge of demand generation activities and ensuring alignment with global objectives while advocating for US regional needs in global product development.

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What qualifications are needed to apply for the Manager of Portfolio Management role at Siemens?

To qualify for the Manager of Portfolio Management position at Siemens, candidates should hold a Bachelor’s degree, ideally in Engineering or a related technology field. Furthermore, having over 10 years of relevant experience in product management, marketing, or portfolio development within a large corporate setting is essential. Additionally, strong knowledge of Process Automation technologies and proven leadership skills will significantly enhance a candidate's application.

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How does the Manager of Portfolio Management contribute to team success at Siemens?

As the Manager of Portfolio Management at Siemens, you will play a crucial role in coaching and managing your team of Product Managers and Marketing Specialists. You will introduce standardized processes and drive the optimization of product management tasks to create an environment focused on collaboration and innovation. Your leadership will empower the team to succeed in their roles and meet key business objectives.

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What benefits does Siemens offer to the Manager of Portfolio Management role?

Siemens is dedicated to supporting its employees with a variety of health and wellness benefits. For the Manager of Portfolio Management position, you can expect comprehensive health coverage, a competitive pay range of $140,210 - $240,360, and an annual incentive of 20% of the base salary. Additionally, the company emphasizes work-life balance and continuous professional growth.

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What opportunities for professional development exist for the Manager of Portfolio Management at Siemens?

The Manager of Portfolio Management at Siemens will have numerous opportunities for professional development including access to training programs, mentorship from industry experts, and involvement in cross-functional projects. Engaging with a global network enhances your professional experience and allows you to stay at the forefront of industry trends, fostering continuous growth within your career.

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Common Interview Questions for Manager of Portfolio Management
What strategies would you employ to drive market share growth as the Manager of Portfolio Management?

To drive market share growth, I would first conduct thorough market analysis to identify emerging trends and customer preferences. I would then develop targeted go-to-market strategies, optimize product lifecycle management, and ensure our team is well-trained in product features to effectively communicate value to clients.

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How do you assess the performance of your portfolio?

I assess portfolio performance by analysing key metrics such as demand generation success rates, sales figures, and market feedback. This data informs strategy adjustments and promotes consistent alignment with business objectives, ensuring we remain competitive.

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Can you describe your experience in managing teams in a corporate setting?

I've led diverse teams over 10 years in corporate environments, focusing on fostering collaboration, providing mentorship, and setting clear objectives. This approach not only drives team engagement but also leads to higher productivity and successful project outcomes.

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How would you handle a situation where there are conflicting priorities within your team?

In managing conflicting priorities, I believe in open communication and prioritization discussions with my team. By evaluating the business impact of tasks collaboratively, we can ensure alignment on goals and tackle issues in a way that benefits project outcomes.

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What experience do you have with product lifecycle management?

I have a robust background in product lifecycle management, overseeing processes from product launch to retirement. This includes gathering market insights and feedback, executing necessary adjustments, and ensuring that we maximize value throughout each stage of the product’s life.

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What do you consider when creating demand-generation strategies?

When crafting demand-generation strategies, I consider target demographics, competitor strategies, and market trends. Understanding customer needs allows me to tailor messaging and tactics effectively.

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How do you ensure alignment between regional product needs and global objectives?

I establish regular communication channels with both regional teams and global counterparts to pitch regional insights and challenges. By understanding global objectives, I can advocate for necessary changes and adjustments that cater to local market demands.

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What is your approach to training your sales team on product knowledge?

My approach involves developing comprehensive training materials that address both product features and benefits, supplemented by interactive workshops that engage the sales team. I prioritize practical demonstrations and real-world scenarios to deepen understanding.

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Discuss a time you managed significant product changes. What was your approach?

In managing significant product changes, I utilized a clear communication strategy to inform all stakeholders about reasons and benefits. I ensured to involve my team in discussions, gather feedback, and create a planned transition timeline to minimize disruption.

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Can you provide an example of how you've used data to make product decisions?

In a previous role, I used customer feedback data and market trend analysis to identify a decline in product satisfaction. I initiated the redesign process by collaborating with the engineering team and successfully turned around negative feedback into renewed interest and increased sales.

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Full-time, on-site
DATE POSTED
December 18, 2024

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