Jobs
Job Description:
Responsibilities
1. Competitive Landscape Analysis
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Identify and continuously monitor competitive and alternative product offerings.
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Assess competitor strengths, weaknesses, and differentiation points.
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Develop strategies to position existing products effectively and defend/grow market share.
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Identify product gaps and recommend innovation or enhancement opportunities.
2. Division Competency Assessment
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Assess Division innovation and manufacturing competencies to align to innovation opportunities or determine competency gaps.
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Use competency insights to guide product strategy, innovation paths, and strategic differentiation.
3. Customer Back Innovation Opportunity Management
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Lead development of a Customer Back Innovation Opportunity List.
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Collaborate with Marketing and Engineering to size markets, quantify incremental revenue/share potential, and prioritize opportunities based on impact and effort.
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Ensure ongoing refinement of the innovation pipeline with clear, data driven screening criteria.
4. Product Innovation Leadership
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Partner with Marketing and Engineering to advance innovation concepts through the stage gate process.
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Ensure that all product requirements, technical specifications, and customer needs are met at each stage.
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Drive cross functional alignment on scope, timelines, risks, and deliverables.
5. Product Requirements Definition
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Identify and document detailed product requirements, including user personas, use cases, functional expectations, and quality standards.
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Translate Voice of Customer (VOC) insights into actionable product requirements using tools such as QFD (Quality Function Deployment).
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Capture the “whole product” requirements for the solution, including software, services, and training needs and how to cross-functionally support the product offering.
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6. Product Use Scenario Development
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Create clear and relevant product use scenarios for each innovation opportunity.
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Use scenarios to contextualize customer problems and support engineering, marketing, and executive decision making.
7. Stakeholder Communication
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Provide proactive, consistent updates to stakeholders throughout strategy, development, and execution phases.
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Communicate opportunity rationale, development progress, risks, and key decisions.
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Establish clear expectations and maintain alignment across all functions.
Essential Qualifications
Education
- A bachelor’s degree in engineering or related field required.
Experience/Skills:
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5+ years of Product Management experience, preferably with a strong background in technical product management or managing engineering driven products.
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High technical aptitude, with the ability to understand complex product architectures, technologies, and system interactions—and translate this knowledge into customer value and business impact.
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Proven experience managing multiple projects simultaneously, including planning, prioritization, and delivery under tight timelines.
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Strong analytical and statistical skills, with demonstrated ability to interpret data, perform sales and market analysis, develop business cases, and support revenue forecasting.
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Exceptional communication skills, both written and verbal; capable of presenting to senior leadership, facilitating cross functional discussions, training internal teams, and interacting directly with customers. functional discussions, training internal teams, and interacting directly with customers.
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Strong collaboration and influencing skills, with the ability to lead without authority and drive alignment across Engineering, Marketing, Quality, Sales, Operations, and other partners.
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Experience with CRM systems,ERP platforms, and business intelligence tools (e.g., Power BI) is highly preferred.
Other Requirements & Conditions
Physical/Visual Activities or Demands: Physical/visual activities or demands that are commonly associated with the performance of the functions of this job. While performing the duties of this job, the employee is constantly required to talk, hear, twist/turn, reach outward, handle/manipulate and grasp objects, stand, walk, and bend. Employee will frequently reach above shoulders and occasionally climb or squat. The employee must carry up to 50 pounds constantly and up to 100 pounds occasionally and push and pull up to 10 pounds constantly and up to 100 pounds occasionally. Specific vision abilities required by this job include concentrated attention, close vision, far vision, depth perception, color vision, and the ability to bring objects into sharp focus.
Working Conditions: Working conditions commonly associated with the performance of the functions of this job.
Machines, Tools, Equipment and Work Aids that may be representative but not all inclusive of those commonly associated with this position:
License(s)/Certification(s) Required: None
This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees may be required to follow other job-related instructions and to perform other job-related duties as requested, subject to all applicable state and federal laws.
Certain job functions described herein may be subject to possible modification in accordance with applicable state and federal laws.
"Commonly associated" is not intended to mean always or only. There are different experiences that suggest other ways or circumstances where reasonable changes or accommodations are appropriate.
All activities, demands, conditions, and requirements are linked to essential job functions.
As an Equal Opportunity/Affirmative Action Employer, ITW Marking & Coding does not discriminate in hiring or in the terms and conditions of employment because of an individual's race, color, religion, gender, national origin, age, disability, sexual orientation, marital status, veteran status, arrest record, citizenship or other categories protected by federal, state or local laws. EOE/M/F/Vet/Disability
ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
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About Illinois Tool Works

Illinois Tool Works
PublicITW specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting.
10,001+
Employees
Glenview
Headquarters
$25.8B
Valuation
Reviews
3.8
10 reviews
Work Life Balance
3.7
Compensation
3.7
Culture
3.9
Career
4.0
Management
3.6
77%
Recommend to a Friend
Pros
Opportunity for career growth
Interesting projects and challenges
Supportive team and management
Cons
Internal communication could improve
Career progression could be clearer
Some organizational bureaucracy
Salary Ranges
60 data points
Junior/L3
Mid/L4
Senior/L5
Junior/L3 · Product Manager
1 reports
$104,000
total / year
Base
$80,000
Stock
-
Bonus
-
$104,000
$104,000
Interview Experience
1 interviews
Difficulty
3.0
/ 5
Duration
14-28 weeks
Interview Process
1
Application Review
2
HR Screen
3
Hiring Manager Interview
4
Panel Interview
5
Offer
Common Questions
Culture Fit
Past Experience
Behavioral/STAR
Technical Knowledge
News & Buzz
Y Intercept Hong Kong Ltd Reduces Stock Position in Illinois Tool Works Inc. $ITW - MarketBeat
Source: MarketBeat
News
·
6w ago
AlphaQuest LLC Raises Holdings in Illinois Tool Works Inc. $ITW - MarketBeat
Source: MarketBeat
News
·
6w ago
Illinois Tool Works Inc. $ITW Shares Purchased by Mirae Asset Global Investments Co. Ltd. - MarketBeat
Source: MarketBeat
News
·
6w ago
Illinois Tool Works' (NYSE:ITW) investors will be pleased with their decent 50% return over the last five years - Yahoo Finance
Source: Yahoo Finance
News
·
6w ago