Senior Product Innovation Manager

2 days ago

Blacktown City Council, Australia beBeeProduct Full time $60,000 - $180,000
Product Strategy Specialist

We are seeking a skilled Product Strategy Specialist to drive the success of our product portfolio. The ideal candidate will have a strong understanding of market trends, customer needs, and business objectives.

Key Responsibilities:
  • Market Analysis: Conduct in-depth research to identify market opportunities and challenges, informing product strategy and direction.
  • Customer Insights: Develop a deep understanding of customer needs, preferences, and pain points, driving product development and innovation.
  • Business Partnership: Collaborate closely with cross-functional teams to ensure alignment on product vision, goals, and key performance indicators.
  • Strategic Planning: Contribute to the development of comprehensive product strategies, balancing business, customer, and market requirements.

In this role, you will be responsible for:

  • Supporting key operations personnel in ushering in a new product management capability for Novon
  • Contributing to developing an optimal process for product portfolio expansion, stakeholder collaboration, and identification of key process milestones to support the growth of this new business capability
  • Conducting continuous research to grow market knowledge and develop market insights into Novon's portfolio, formulating strategies for product offerings within this product category
  • Performing client, competitor, and market analysis and identifying opportunities to define the product vision and opportunities for new product development or enhancements to existing products
  • Leading cross-functional teams to design and develop new products, features, and improvements
  • Ensuring deployment & commercialization of offerings within the business with careful consideration of strategy & objectives, P2M process adherence ensuring critical milestones by leading strong collaborative cross-functional teams
  • Determining the feasibility of concepts for development and investigating new product concepts, providing input in expertise, feedback, and design ideas
  • Ensuring Product Design leads and provides appropriate product specifications for new products (or product enhancements)
  • Collaborating closely with engineering, production, marketing, and sales teams in the development, QA, and release of products, balancing resources to ensure success for the entire organization
  • Monitoring product portfolio performance to ensure ongoing client and market relevance through engagement sessions with clients and sales representatives
  • Contributing to product pricing strategies, understanding full input costs, and market factors influencing and determining optimal pricing
  • Translating product strategy into detailed requirements (PSB) for prototyping and final development by engineering teams
  • Creating product strategy documents that describe business cases, cost analysis, high-level use cases, technical requirements, revenue, and ROI
  • Overseeing the definition, monitoring, and management of life cycle roadmaps for each product in the portfolio and ensuring current features are appropriately aligned to the product definition, market requirements, and evolving client needs

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