Description
Product Managers are responsible for leading the strategic focus of a product, defining the product vision, market strategy, and competitive analysis.
Accountabilities
- Define Product Strategy: Accountable for defining a product strategy that aligns with business vision, managing capabilities, balancing short-term with long-term goals, ensuring that products meet market demands and drive growth.
- Cross functional alignment: Leadership of cross functional relationships, working with various cross-functional teams to ensure alignment of product strategy and goals.
- Risk and Control: Accountable for overseeing product risk management, including identification of potential risks, development of strategies to mitigate those risks, and maintenance of alignment between the product management and control functions.
- Product Development Lifecycle: Own product development lifecycle, from concept to launch, ensuring efficient processes, on-time delivery, and alignment with E2E customer expectations and experience.
- Deliver Product Goals and Performance: Deliver clear objectives and key outcomes to steer the product vision and ensure alignment with company’s business goals, financial targets, and strategic vision, driving long-term business success.
- Data driven decisions: Monitor product performance through data-driven analysis and insights, regularly assessing progress against objectives and adjusting the strategies as needed to optimise outcomes and maximise value for both business and customer.
- Customer-Centric Focus: Drive a customer-first approach across the product vision, ensuring customer insights, feedback, behaviours, and pain points are at the core of the product strategy and decision-making process.
- Business and financial acumen: Understanding pricing models, costs structures, and ROI to make financially grounded decisions regarding product development.
Director Expectations
- To manage a business function, providing significant input to function wide strategic initiatives.
- Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business.
- Provide expert advice to senior functional management and committees to influence decisions made outside of own function.
- Manage, coordinate and enable resourcing, budgeting and policy creation for a significant sub-function.
Role Expectations
- Manage a business function, providing significant input to function-wide strategic initiatives.
- Manage the direction of a large team or sub-function, leading other people managers and embedding a performance culture aligned to the values of the business.
- Provide expert advice to senior functional management and committees to influence decisions made outside own function.
- Escalate breaches of policies and procedures appropriately.