VP, Product Management

The Vice President of Product Management - Consumer reports to the COO and will serve as the Consumer division leader responsible for Product Strategy and Product Line Management with ownership over the product roadmap for Masimo Consumer.

Masimo Consumer currently has revenues of more than $750 million with near term plans to summit $1 billion in revenue. The position currently has 5 direct reports. 1 Report is focused on leading Product Strategy with the 4 other reports responsible for category level Product Line Management organized by Electronics (Including AVR, HiFi & Mini Systems), Passive Speakers, Active Speakers (Including All in One, Soundbar and Multiroom) and Headphones.

• Leading, managing and developing a multinational team with responsibility to include product strategy, development with a direct focus on growing Revenue, Gross Margin, managing resource allocations and tying hardware with software opportunities together to surprise and delight consumers.

• Providing overall Product Management leadership, developing and implementing a clear vision, strategy and plan for the global Product Management organization in line with Masimo Consumer's strategy and vision. This includes identifying and implementing new business opportunities and growth strategies for legacy and new media products and solutions around the world.

• Teaming with the Global Commercial Operations, Product Development & Engineering, and Global Marketing team on product roadmap development to ensure the regional requirements are being met within the broader context of global product platform requirements.

• Working closely with the healthcare and consumer Product Development, Engineering and Innovation groups to develop a shared perspective on platform, product and service opportunities to delight consumers by leveraging innovative solutions from the broader enterprise.

• Collaborating closely with Masimo Consumer senior management globally to ensure alignment with global business objectives and to proactively contribute thought leadership and overall strategy and influence insights across the business.

• Be the champion for the customer: develop compelling category strategies that deliver market-leading customer value; create a plan for remarkable products with the right value proposition, that have customer and market appeal.

• Develop a portfolio strategy that capitalizes and enhances the strengths of each brand both individually and as part of the portfolio

• Ensure that the plans and execution enable a compelling customer experience in line with the brand standards.

• Ensure the execution of the plans meet the strategic and financial goals aligned with the brands and portfolio at large and ties into the company's overall revenue and profit expectations

• Alongside the PMO, drives the product development process from conception to launch; works alongside the marketing and commercial operations divisions to ensure the launch package is successfully planned and executed in the regions

• Work closely with the commercial and marketing teams to develop business cases for product development initiatives

• Be a subject matter expert of your categories, monitoring key competitive trends

• Develop a perspective on opportunities for innovation within product categories

• Work closely with R&D in a product management capacity to ensure that our products and services meet the needs of consumers and are being developed per the product brief

• Manage overall portfolio, product lifecycles, and positioning strategies for category portfolio.

• Drive efficiencies between brands by taking a "portfolio" approach to product development; simultaneously drive efficiencies across the shared services by aligning product introductions

• Leverage customer insights, usability studies, market trends, and competitive analysis to develop the vision, product roadmap & product definitions, complemented by a go-to-market plan that achieves desired commercial outcomes

• Collaborate with design, engineering, marketing, supply chain, and sales to identify creative solutions to difficult challenges and to reach the optimal balance between the vision of the user experience with time to market and product development expense

• Develop and leverage partnership opportunities to accelerate growth and brand synergies

• Test, develop and enterprise subscription and recurring revenue opportunities

• Develop and mentor a world-class team of product line and strategy leaders which are responsible to create the vision for product creation and line management.

• Collaborate with the healthcare team & R&D to define to define opportunities to incorporate Masimo technology within the consumer audio portfolio

• Lead the consumer division forward in our aspirations to develop a health focused smart home

• Full people management responsibility: inspire, attract, and performance manage talent, empowering teams modelling the Masimo essence and Values.

Collaborating and Influencing

• Invites, listens to, and uses the opinions and perspectives of product managers and other internal stakeholders, particularly design, engineering, marketing, supply chain and sales teams.

• Promotes ongoing, thoughtful dialogue, anticipating the impact of words and actions to gain commitment and buy-in from internal stakeholders and external partners.

• Adapts own approach to the audience, anticipating impact of words and actions, preparing for possible resistance and responding in an appropriate style, using a range of influencing styles.

• Resolves conflicts by discussing individual issues with each person.

• Checks with both sides of a discussion to ensure a common understanding.

• Takes initiative to maintain both internal and external contacts.

Driving Results

• Acts to surpass goals, seizing opportunities to push the envelope.

• Sets continually higher goals that are ambitious but realistic for self and product team, geared to organizational objectives.

• Focuses on new opportunities and innovations to enable business development targets to be exceeded.

• Participate in global strategy meetings to represent Product Management soliciting input and partnership with Marketing and Commercial Operations.

• Gather Global business intelligence including customer and competitor data and share information regarding market dynamics and future buying trends with marketing, Commercial Operations and Supply Chain/Procurement

Compensation: The anticipated range for this position is $255,000 to $305,000. Actual placement within the range is dependent on multiple factors, including but not limited to skills, education, and experience.

Carlsbad, United States