Product Strategy Director - Dammam, المملكة العربية السعودية - Linked4HR Human Resources Consultancies LLC

وصف

One of our prestigious clients is looking to hire a Product Strategy Director, with 12+ years of experience In the Ship building industry who will be responsible for but not limited to:

Job Overview

Provide strategic leadership in shaping and executing the product vision for our
shipbuilding and Maintenance, Repair, and Operations (MRO) services. Guide cross
functional teams to develop cutting-edge solutions that align with market demands,
ensuring our continued position as an industry pioneer. Leading the way towards a future
of excellence in shipbuilding and MRO services.

Strategic Responsibilities

• Align division goals, processes, and resource allocation with the organizational strategy while maintaining awareness of commercial and business objectives.
• Ensure the accomplishment of organizational unit objectives by managing staff;
  planning and evaluating organizational unit activities.
• Define objectives, identifies, and evaluates trends and options, chooses a course of
  action, and evaluates outcomes.
• Accomplish financial objectives by forecasting requirements, preparing an annual
  budget, scheduling expenditures, analyzing variances, and initiating corrective actions.
• Support with strategic problems resolution and subjective decision making.

Managerial Responsibilities

• Supervise the entire work done by the team members and making sure it is completed on time without any delay.
• Lead the team to complete tasks and meet goals through delegation of responsibilities and supervising business operations.
• Set the vision and motivation of the team in order to achieve the sought objectives
  efficiently.
• Set appropriate and achievable deadlines.
• Track and report critical organizational unit performance results and escalate and
  negotiate business related issues to senior management.
• Accomplish staff results by communicating job expectations, planning, monitoring, and appraising job results.

Functional Responsibilities

• Develop, communicate, and implement a holistic product strategy that aligns with the company's vision and long-term objectives.
• Work closely with executive leadership to refine and prioritize the product roadmap.
• Conduct comprehensive market analyses to identify emerging trends, competitor
  activities, and customer needs in the shipbuilding and MRO services sector.
  Utilize market insights to drive informed decision-making and maintain a competitive edge.
• Lead and inspire a cross-functional team, including product managers, engineers, and designers, throughout the product development lifecycle.
• Ensure the timely, cost-effective delivery of innovative and high-quality shipbuilding and MRO products.
• Apply in-depth technical knowledge of shipbuilding processes, materials, and
  engineering principles to guide product development initiatives.
• Collaborate closely with the engineering team to assess the technical feasibility and viability of new product concepts.
• Foster a culture of collaboration by facilitating effective communication across
  departments, ensuring alignment between product strategy, marketing, sales, and
  operations.
• Serve as a bridge between technical and non-technical stakeholders, translating
  complex concepts into business-friendly language.
• Establish and monitor key performance indicators (KPIs) to gauge product success and market penetration.
• Provide regular, detailed updates to the executive team on the progress of ongoing
  product development initiatives.

Qualifications

• Bachelor's Degree in Business Administration or any other similar field.
• Above 12 years of experience in related field including 6 years in a leadership role.
• Master's Degree in Business Administration or any other similar field.