Honeywell Sensing Solutions is seeking a seasoned and collaborative Portfolio management lead in our Health care sensing portfolio with focus on our Magnetics and MEMS Pressure portfolios. These portfolios are critical drivers of the overall business’s growth and profitability. A collaborative professional with a passion for winning, owning results, and driven toward action will be best suited to profitably grow this business.

As a Portfolio Management Lead, you will play a crucial role in driving growth and profitability by aligning our offerings with growth industries and end segments. You will be responsible for developing and executing strategies to expand our portfolio, capture market opportunities in high-growth sectors in our healthcare portfolio. Your strong leadership skills, strategic thinking, and market insights will be essential in driving the success of our business.

In this role, you will have a significant impact on our strategic direction, revenue growth, customer acquisition, and market share expansion both organically and through partnerships / M&A.

YOU MUST HAVE:

• Minimum of 5 years of experience in offering/product management or related roles

• Proven track record of driving portfolio growth and capturing market opportunities

• Excellent strategic thinking and problem-solving abilities • Ability to analyze market trends and customer needs to identify growth opportunities

• Excellent communication and interpersonal skills

• Bachelor's degree in Business, Engineering, or related field

WE VALUE

• Master's degree in Business, Engineering, or related field

• Experience in a global organization

• Strong analytical and market research skills

• Ability to adapt to a fast-paced and changing environment

Ideal Candidate Experience:

• Proven experience (typically 5-7+ years) in product management, offering management, or related roles, with significant experience in portfolio management and leadership positions.

• Strong strategic thinking, analytical, and problem-solving skills, with a track record of driving business growth through effective portfolio management.

• Strong ability to identify growth industries segments with high market potential

• Experience with developing and executing strategies to expand portfolio’s alignment with growth opportunities.

• Collaborate with cross-functional teams to develop and launch new offerings targeted at growth industries.

• Developed pricing and go-to-market strategies to maximize revenue and market share • Monitored and track portfolio performance and make data-driven decisions to optimize growth

Key Responsibilities:

Portfolio Strategy and Development:

• Develop and execute the overall strategy for the identified product portfolio, encompassing both existing products and new offerings.

• Conduct market analysis, customer segmentation, and competitive assessments to identify market trends, opportunities, and portfolio gaps.

• Define and prioritize portfolio investments based on strategic fit, market potential, and financial viability.

Product Lifecycle Management:

• Oversee the entire lifecycle of products within the portfolio, from concept development through to end-of-life decisions.

• Collaborate with cross-functional teams (R&D, engineering, marketing, sales, operations) to define product roadmaps, feature enhancements, and product differentiation strategies.

• Monitor product performance metrics, including revenue growth, profitability, and market share, and make data-driven decisions to optimize portfolio performance.

Stakeholder Management and Collaboration:

• Serve as a strategic advisor to executive leadership and senior management on portfolio strategy, performance, and market dynamics.

• Foster collaboration and alignment across departments to drive portfolio growth and profitability.

• Build strong relationships with internal stakeholders, external partners, and key customers to drive co-development opportunities and enhance product offerings.

Continuous Improvement and Innovation:

• Lead continuous improvement initiatives to enhance product quality, customer satisfaction, and operational efficiency within the portfolio.

• Stay abreast of industry trends, technological advancements, and competitive landscape to identify opportunities for product innovation and differentiation.

• Champion a culture of innovation and excellence within the offering management team, encouraging creativity, collaboration, and continuous learning.