Director, Product Strategy
Company: Hearth & Home Technologies
Location: Lakeville
Posted on: October 4, 2024
Job Description:
Every professional wants to work for an industry leader. Now is
your chance as Hearth & Home Technologies is hiring a Director,
Product Strategy, located in Lakeville, MN. A career at Hearth &
Home Technologies puts you in the position of working with the most
popular brands in the industry and having an impact on a product
that people love. The hearth is the center of the home and family
life. As a Director, Product Strategy, you will support the vision
and goals of the Stoves business unit by leading the product
portfolio and overseeing new product development to achieve
strategic goals. This role collaborates across functions to
implement plans that drive category growth. Responsibilities
- Lead product strategy to drive profitable growth by
understanding market dynamics, competitive landscapes, and aligning
with business unit goals.
- Conduct market research and competitive analysis to identify
trends, opportunities, and threats.
- Define and prioritize product initiatives based on business
value, customer impact, and feasibility.
- Provide thought leadership on market penetration, potential
mergers and acquisitions, and partnership opportunities.
- Communicate product vision, strategy, and roadmap to
stakeholders at all levels.
- Develop strategic plans for the stove product portfolio to
maximize revenue and growth in both the short and long term.
- Collaborate with sales, marketing, and leadership to ensure
optimal positioning, pricing, and timing of the stove product
lineup.
- Oversee the New Product Development process, including stage
gates, design parameters, cost analyses, and technical
specifications.
- Collaborate with innovation and engineering teams to create and
maintain a comprehensive product roadmap.
- Define product cost/price targets, value propositions, and
clear descriptions of intended functions.
- Analyze product performance data and make data-driven decisions
to optimize product strategy and execution.
Qualifications
- Bachelor's degree in Business, Marketing, Engineering, or a
related field or equivalent combination of education and
experience.
- 10 or more years of progressively responsible and successful
experience in brand, product or channel marketing, sales.
- Consumer goods, home, or building products industry experience
required.
- Strong analytical and strategic thinking skills, with the
ability to translate data into actionable insights.
- Proven track record of successfully developing and launching
products in a competitive market.
- Influence - members at all levels with confidence and speak
with data.
- Risk Taking - take stand for where you want to take the
category and why.
- Assertiveness - be the expert, make strong recommendations,
don't delegate up.
- Organization & Planning - project management and balancing
multiple projects.
- Customer Orientation - "market-in" focus from consumer to
influencer to trade partners.
- Presentation Skills - both verbal and written, with confidence
and poise. About Working for Hearth & Home Technologies Hearth &
Home Technologies (HHT) is the Residential Building Products
division of HNI Corporation (NYSE: HNI). We are the world's leading
developer, manufacturer, distributor and installer of hearth
products. Our products include a wide variety of gas, electric,
wood burning fireplaces, inserts, stoves, fire tables, fire pits
and accessories. HHT carries the industry's best and most
recognized brands, including: Heat & Glo, Heatilator , Harman ,
Quadra-Fire , PelPro, Vermont Castings, Outdoor GreatRoom Company
(OGC), and Fireside Hearth & Home retail stores and builder design
centers. Lakeville, Minnesota is our home, but we have locations
throughout the United States. Our driving passion surrounds the
pillars of bringing warmth, comfort, and peace of mind to the
places people live and gather!
Keywords: Hearth & Home Technologies, Eden Prairie , Director, Product Strategy, Executive , Lakeville, Minnesota
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