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Honeywell Director, Portfolio Management – Friction Controls in South Bend, Indiana

As a Director, Portfolio Management – Friction Controls, you will play a critical role in driving growth and profitability for Friction Control offerings. In this role, you will have a significant impact on the strategic direction, revenue growth, customer acquisition, and market share expansion. You will be responsible for developing and executing strategies to expand our portfolio and capture growth opportunities, while ensuring achievable plans are in place to deliver on our current year financial objectives. These activities will include elements of Product Lifecycle Management, market analysis, product development execution, portfolio analysis, product road mapping, and inventory planning among other related portfolio activities. Your strong leadership skills across functional disciplines, strategic thinking, and market insights will be essential in driving the success of our business.

Location: South Bend, IN

Travel: 10%

Ideal Candidate Experience

  • 10+ years in product management, offering management, business management, engineering, or related roles driving growth within a portfolio

  • Strong strategic thinking, analytical, and problem-solving skills, with a track record of driving impactful results

  • Ability to identify growth industry segments, and architect and execute plans to grow presence in the space

  • Effective product lifecycle management delivering on revenue and margin goals

  • Cross-functional team leadership developing / launching new offerings in growth industries

  • Data analysis (e.g., 80-20) assessing business performance and implementing portfolio actions to address

Implementing pricing and go-to-market strategies maximizing revenue and market share

  • Knowledge of aircraft wheels and braking systems or carbon-carbon composite technologies

Key Responsibilities:

Product Strategy and Roadmap Development

Develop and execute the overall strategy for the company’s product portfolio encompassing both existing and new offerings

Understand market needs, competitive landscape, and internal capabilities to define the direction of the business

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 end-of-life decisions

Collaborate with cross functional teams (e.g., 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 functions 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 in touch with 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

U.S. PERSON REQUIREMENTS

Due to compliance with U.S. export control laws and regulations, candidate must be a U.S. Person, which is defined as, a U.S. citizen, a U.S. permanent resident, or have protected status in the U.S. under asylum or refugee status or have the ability to obtain an export authorization

YOU MUST HAVE

  • 5+ years in product management, offering management, business management, engineering, or related roles related to aircraft wheels and braking systems or carbon-carbon composite technologies

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

  • Strong leadership and people management skills

  • Excellent strategic thinking and problem-solving abilities

  • Ability to analyze market trends and customer needs to identify growth opportunities

  • Excellent communication and interpersonal skills

WE VALUE

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

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

  • Experience in a global organization

  • Experience in leading offering management teams focused on portfolio growth

  • Strong analytical and market research skills

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

Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.

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