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(USA) Principal, Product Manager - job 1 of 4

Position Summary...

What you'll do...

Data Driven Product Decisions : Requires knowledge of: Product and feature analytics; Data analysis tools and techniques; Research for analysis activities; Documentation procedures (for example, data logs); Modern industry practices and emerging trends. To independently (or with minimal guidance) conduct activities for product/feature analytics with an understanding of simple trends/insights. Monitors, collects, and structures data and evaluates result. Supports the identification and application of tools and techniques. Assists in the planning, design, and implementation of exploratory data analysis. Driving Customer/ Client Needs : Requires knowledge of: Customer and business problems; Design thinking; Dependencies and impacts on product processes/ways of working; Journey mapping; Process optimization; Communication and influencing techniques. To build and maintain consistent relationships with customers and proactively identifies customer needs. Creates scalable processes to gather and analyze customer experiences. Demonstrates a deep understanding of customer needs to make decisions. Designs and implements new, barrier-free processes. Coaches team members to improve focus on the customer. Product Roadmap and Development : Requires knowledge of: Product roadmap development techniques; Roadmap presentation; Roadmap features and items; Project management techniques; Modern business practice (for example, Agile methodologies, Scrum); Minimum Viable Product (MVP) creation; Product development lifecycles; Product development concepts (for example, "Crossing the Chasm") To develop and own roadmaps across a complex product. Ensures and drives communication for internal and external stakeholders. Interfaces with and influences partners to secure resources and alignment. Mentors team members on product roadmap and development. Establishes product roadmap expectations, performance measures, and goals. Drives alignment of features for a complex product by navigating through organizational/ market constraints. Manages roll out and scaling (using an MVP approach) of complex products/features. Product Vision and Strategy: Requires knowledge of: Problem formulation and solutioning; Hypothesis framing; Business strategies; Business management practices across multiple domains; Customer segments and needs; Domain-specific knowledge; "Go to Market" strategies; Industry, environmental, and economic factors and competitors; Product discovery process, product vision, product strategy and challenges; Rapid prototyping and Lean experimentation methodologies; Concepts of "First Principle," "Whole Product," and "Crossing the Chasm" . To own a complex customer problem and/or product requirement/need, as well as upstream and downstream impacts. Builds new ideas and strategies using "Whole Product" concepts. Identifies new/uncharted areas for value creation. Independently articulates problem statements and defines success metrics (for example, key performance indicators). Promotes product strategies and vision to stakeholders. Drives "Go-to-Market" strategies to ensure mass adoption. Influencing and Building Stakeholder Consensus : Requires knowledge of: Verbal/non-verbal behaviors ; Application and allocation of business communication styles/techniques in ambiguous and challenging situations; Situational awareness; Elements of Emotional Intelligence and Influencing Styles; Communication channels/mediums; Interpersonal skills and universal relationship building. To communicate in stakeholder meetings involving multiple teams. Conveys complex information and addresses ambiguity for robust technology development. Influences team members and stakeholders with sound recommendations. Independently prepares clear, concise, and logically structured reports/materials. Seeks and provides constructive feedback, anticipates needs/questions, and responds appropriately. Technology Orientation: Requires knowledge of: Competitive technology landscapes; Existing portfolio of enterprise systems, technologies, services, and architecture; Common PaaS and IaaS technologies and environments; Software quality assurance methodologies, tools, processes, and checkpoints; Emerging technology and industry trends; Product and technology innovation. To drive business and user acceptance testing for complex products. Manages the adoption of new and emerging technologies. Possesses an understanding of complete systems architecture, services involved, and the database and cloud technologies used. Demonstrates awareness of system architectural principles. Demonstrates awareness of technical topics at a conceptual level, as well as the systems and data that enable major capabilities, and drives innovation. In-Depth Domain Expertise : Requires knowledge of: Domain-specific methodologies, tools, and processes; Domain-specific products; Domain specific best practices; Domain-specific market standards in product/platform architecture To demonstrate awareness of various principles, ways of working, and subdomain specific terminologies across multiple subdomains within a domain. Compares the maturity of products, services, and processes across subdomains with others in the industry. Identifies areas of innovation across the subdomains, share potential innovations with the leadership team, and drive initiatives. Recommends new processes, automation opportunities, and ways of working for subdomains. Drives the execution of multiple business plans and projects by identifying customer and operational needs; developing and communicating business plans and priorities; removing barriers and obstacles that impact performance; providing resources; identifying performance standards; measuring progress and adjusting performance accordingly; developing contingency plans; and demonstrating adaptability and supporting continuous learning. Provides supervision and development opportunities for associates by selecting and training; mentoring; assigning duties; building a team-based work environment; establishing performance expectations and conducting regular performance evaluations; providing recognition and rewards; coaching for success and improvement; and ensuring diversity awareness. Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by training and providing direction to others in their use and application; ensuring compliance with them; and utilizing and supporting the Open Door Policy. Ensures business needs are being met by evaluating the ongoing effectiveness of current plans, programs, and initiatives; consulting with business partners, managers, co-workers, or other key stakeholders; soliciting, evaluating, and applying suggestions for improving efficiency and costeffectiveness; and participating in and supporting community outreach events. Live our Values - Culture Champion - Models the Walmart values to foster our culture; holds oneself and others accountable; and supports Walmart's commitment to communities, corporate social responsibility, and sustainability; maintains and promotes the highest standards of integrity, ethics and compliance. Live our Values - Servant Leadership - Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent. Embrace Change - Curiosity & Courage - Demonstrates curiosity and a growth mindset; fosters an environment that supports learning, innovation, and intelligent risk-taking; and exhibits resilience in the face of setbacks. Embrace Change - Digital Transformation & Change - Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working. Deliver for the Customer - Customer Focus - Delivers expected business results while putting the customer first and consistently applying an omnimerchant mindset and the EDLP and EDLC business models to all plans. Deliver for the Customer - Strategic Thinking - Adopts a holistic perspective that considers data, analytics, customer insights, and different parts of the business when making plans and shaping the team's strategy. Focus on our Associates - Diversity, Equity & Inclusion - Identifies, attracts, and retains diverse and inclusive team members; builds a high-performing team; embraces diversity in all its forms; and actively supports diversity goal programs. Focus on our Associates - Collaboration & Influence - Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates with energy and positivity to motivate, influence, and inspire commitment and action. Focus on our Associates - Talent Management - Creates a discipline and focus around developing talent, promotes an environment allowing everyone to bring their best selves to work, empowers associates and partners to act in the best interest of the customer and company, and regularly recognizes others' contributions and accomplishments.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.

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You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.

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For information about PTO, see https://one.walmart.com/notices.

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Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.

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Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

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For information about benefits and eligibility, see One.Walmart.

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The annual salary range for this position is $143,000.00-$286,000.00

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Additional compensation includes annual or quarterly performance bonuses.

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Additional compensation for certain positions may also include:

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- Stock

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Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Option 1: Bachelor’s degree in computer science, engineering, or related area and 9 years’ experience in product management. Option 2: 11 years’ experience in product management or related area.

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Master’s degree in Computer Science, Engineering, Business Administration, or related area and 8 years’ experience as a product manager, ideally working on consumer-facing, large-scale, highly complex B2B/C products, Supervisory experience, We value candidates with a background in creating inclusive digital experiences, demonstrating knowledge in implementing Web Content Accessibility Guidelines (WCAG) 2.2 AA standards, assistive technologies, and integrating digital accessibility seamlessly. The ideal candidate would have knowledge of accessibility best practices and join us as we continue to create accessible products and services following Walmart’s accessibility standards and guidelines for supporting an inclusive culture.

Masters: Business Administration, Masters: Computer Engineering, Masters: Computer Science

Primary Location...

640 W California Avenue, Sunnyvale, CA 94086-4828, United States of America
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Average salary estimate

$214500 / YEARLY (est.)
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$143000K
$286000K

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 (USA) Principal, Product Manager, Walmart

Are you an ambitious professional looking to take the next step in your career? As the Principal Product Manager at Walmart, based in Sunnyvale, you'll dive into the heart of product strategy and development, utilizing your expertise to craft data-driven decisions that resonate with customer needs. Your role will be pivotal in analyzing product performance, identifying trends, and enhancing the overall customer experience through innovative journey mapping and effective communication. Collaborating with a dynamic team, you will develop product roadmaps that align with Walmart's business objectives while coaching and mentoring others to elevate the team's focus on customer satisfaction. Embrace the challenge of navigating complex product landscapes and driving stakeholder consensus as you lead the charge in implementing cutting-edge technologies and practices. Your vision will not only help in solving pressing customer issues but also promote modern methodologies like Agile and Lean experimentation within our organization. With a strong emphasis on cultivating diversity and inclusion, your leadership will inspire others as you contribute to Walmart’s commitment to creating impactful solutions for customers. Plus, you'll enjoy an array of benefits, from competitive salaries to education assistance programs, all designed to support you both professionally and personally. Join us in shaping a better future at Walmart where your expertise as a Principal Product Manager plays a crucial role in transforming ideas into reality!

Frequently Asked Questions (FAQs) for (USA) Principal, Product Manager Role at Walmart
What are the key responsibilities of a Principal Product Manager at Walmart in Sunnyvale?

The Principal Product Manager at Walmart in Sunnyvale is responsible for driving data-driven product decisions, analyzing product performance, managing product roadmaps, and aligning stakeholder interests while ensuring customer needs are met. You'll engage in journey mapping, apply Agile methodologies, and mentor team members to foster a culture of innovation and customer focus.

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What qualifications are required for the Principal Product Manager position at Walmart?

To qualify for the Principal Product Manager position at Walmart, candidates must have either a bachelor's degree in computer science, engineering, or a related area, along with 9 years of product management experience, or 11 years in product management without a degree. Preferred qualifications include a master's degree and experience in creating inclusive digital experiences.

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How does Walmart support career development for the Principal Product Manager role?

Walmart is dedicated to promoting career growth for the Principal Product Manager through various mentoring opportunities, training programs, and access to Walmart’s education benefits, which fully cover tuition for further education, enabling associates to enhance their skills and advance their careers.

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What technology skills are important for a Principal Product Manager at Walmart?

A Principal Product Manager at Walmart should be well-versed in competitive technology landscapes, enterprise systems, emerging technologies, and quality assurance methodologies. You'll leverage this knowledge to drive business acceptance testing and advocate for new technologies that enhance product development.

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What is the salary range for the Principal Product Manager role at Walmart?

The salary range for the Principal Product Manager position at Walmart is competitive, boasting an annual range of $143,000 to $286,000, complemented by performance bonuses and additional compensation opportunities. This makes it an attractive position for seasoned professionals in product management.

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Common Interview Questions for (USA) Principal, Product Manager
Can you describe your experience with developing product roadmaps?

When discussing your experience with product roadmaps, emphasize your approach to gathering customer insights and aligning them with business objectives. Provide specific examples of past roadmaps you've created, the process of stakeholder engagement, and how you've navigated obstacles to ensure a successful product launch.

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How do you prioritize features when managing a complex product?

Prioritization is key in product management. Highlight your process for ranking feature requests based on impact, urgency, and alignment with the overall product strategy. Discuss tools or frameworks you've utilized, like the MoSCoW method, to make informed decisions while balancing customer needs and technical feasibility.

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What techniques do you use to analyze product performance?

For analyzing product performance, discuss specific metrics you track (like sales data, customer behavior analytics, and A/B testing results). Explain your familiarity with tools such as Google Analytics or other data analysis platforms, showcasing how you turn data into actionable insights that drive product improvements.

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How do you handle feedback from customers and stakeholders?

Explain your approach to gathering and incorporating feedback from various sources, including customer surveys, usability tests, and stakeholder meetings. Emphasize the importance of open communication and collaboration in your process and how you utilize feedback to iterate and enhance the product.

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Describe a time when you had to manage conflicting interests from stakeholders.

Share an example of a challenging situation where you balanced conflicting interests. Detail the steps you took to understand each viewpoint, facilitate discussions, and ultimately find a consensus that aligned with the product vision while satisfying stakeholder concerns.

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What experience do you have in mentoring team members?

Discuss your past experiences in mentoring, focusing on the techniques you employed to support your team’s growth. Highlight specific instances where your guidance led to improved performance, team cohesion, or project success, and express your commitment to fostering talent development.

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How do you stay updated with industry trends and innovations?

Describe your proactive approach to staying informed about industry trends by reading relevant publications, attending conferences, participating in webinars, or engaging with industry experts. Share a particular trend that you've integrated into your work to illustrate your commitment to innovation.

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How do you ensure that a product remains customer-focused during its development?

Explain your methods for maintaining customer focus, such as incorporating user feedback early and often, conducting user interviews, and utilizing customer journey mapping. Mention how these methods influence decision-making throughout the product lifecycle.

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Can you give an example of a successful product you developed?

Provide a detailed account of a successful product you developed, focusing on the objectives, the approach you took, the challenges you faced, and the outcomes. Use metrics to demonstrate success, and highlight how your leadership and strategic decisions contributed to that.

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What steps do you take to implement Agile methodologies in product management?

Discuss your approach to implementing Agile methodologies, such as conducting regular sprint planning sessions, holding retrospectives, and promoting a culture of continuous improvement. Explain how you adapt Agile principles to fit the team dynamics and project requirements effectively.

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