VP & General Manager, LR Legal Markets

The Vice President (VP) of the Legal Markets Group (LMG) serves as a member of the LRUS Executive Team and is responsible for managing a P&L of ~ $130 million in revenues. The VP-LMG sets the vision and strategic approach for the entire Legal Markets Group and ensures all business objectives and goals are met, with a focus on developing leading digital products.

The individual must be able to manage directly and through influence across a highly complex and matrixed organization, of varied functions and business units. S/he is focused on delivering solutions that create significant strategic and go to market value.  S/he ensures adequate opportunity identification and testing, business case development, strong management of roadmaps, budget, quality and scope of product development.

This role has primary responsibility for leading rapid digital product innovation from ideation and conceptualization to product proto-typing, market testing and go-to-market planning and launch. Team consists of product managers, UX/UI designers and technologists (developments, database architects, quality).

Key responsibilities include the growth and transformation of LMG products and services (e.g., to include GenAI capabilities, upgrade electronic platforms), adapting the WK business model to meet evolving market needs, driving profitability and market position, developing and inspiring strong performance from LMG employees, and serving as a key business and thought leader within the WK organization.

**This role is a Hybrid role, requiring two days a week, in a Wolters Kluwer office**

Activities of the VP-LMG include: creating vision, value proposition and overall digital product strategy for the WK-LMG; establishing standards and processes for the LMG; overseeing and guiding individual practice areas and team in the execution of company-wide strategies and tactics; leading the management of the entire LMG team; driving growth and transformation through comprehensive electronic product development and marketing strategy; creating and maintaining a reliable system for measurement of business performance for all operations; directing budget development and administration; representing the LMG in cross organizational activities; maintaining performance standards while working remotely; and representing WK within the industry.

Essential Duties & Responsibilities:

• Creates vision, value proposition and overall digital product strategy for the Wolters Kluwer Legal Markets Group by engaging in in-depth and on-going analysis of Client and Marketplace needs and WK products, services, processes, and customer preferences; staying abreast of industry standards, methodologies, processes, and best practices; evolving and continuing the rolling 3 year vision strategic plan (VSP); identifies long and short term business opportunities including competitive positioning; developing merger and acquisition strategies to aid in the expansion of LMG’s existing market domain; translating business needs into solutions that the organization can deliver; and effectively communicating all goals, objectives and strategies to staff and associates.

• Develops market leading digital products utilizing modern product development methodologies.  Ability to develop products that integrate technology including GenAI, business needs, and customer needs into high value offerings which customers demand.  Deep knowledge of lean product development processes for delivering digital products.  Ability to understand and manage technology capabilities that can be utilized to develop world-class products.

• Oversees and owns Legal Markets Group P&L by directing forecasting of product line/market segment revenue, gross margin and operating costs; consolidating business functions plans and resource requests (e.g. business travel, training, client support, laptops, mobile phones); estimating financial resources required to support the activities; driving LMG  leaders to assemble and execute to a practical budget; ensuring budgets are captured and iterated into standard templates; reviewing and verifying the spending against the budgets throughout the year; and justifying and securing unplanned resources as necessary to maintain business operations; and collaborating with Legal & Compliance Solutions leadership to ensure P&L budget is represented in the overall operating budget.

• Drives strategy for ensuring human capital resources and capabilities are sufficient to meet the vision and value proposition standards by working to identify needs and capabilities within the organization and identify viable human capital options for a variety of business functions (e.g., product development); creating and executing RFI/RFP processes to thoroughly assess outsourcing options, costs and timelines; conducting full due diligence/analysis t