Senior Product Manager
AllegionAbout the role
Creating Peace of Mind by Pioneering Safety and Security
At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 30 brands, 12,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond. Additionally, in 2024 we were awarded the Gallup Exceptional Workplace Award, which recognizes the most engaged workplace cultures in the world.
Senior Product Manager-Remote Indiana-Remote Illinois-Remote Colorado
The Senior Product Manager is the expert, leader and decision-maker for their product line(s) and/or portfolio within the organization. They are responsible for managing their assigned families of products, ensuring profitability and growth for the business as well as the leading the strategy, planning, positioning, and product life cycle management for those products. The Senior Product Manager uses their strong leadership and communication ability, analytical skills, and business acumen to maximize the growth, revenue and performance of the portfolio.
A Senior Product Manager has an expert and demonstrated understanding of the KPIs and/or financial metrics of their product line(s) and their business unit. They consistently demonstrate strong leadership skills, communication ability, analytical skills, and business acumen to maximize the growth, revenue and return on investment of their portfolio. They assist with development of others in the business through mentorship and development through sharing best practices and continuous improvement opportunities.
What You Will Do:
Responsible for independently developing product strategy by identifying, evaluating and prioritizing business and product line opportunities to meet business objectives
Manages the product life cycle for assigned product lines including new product introductions & innovation opportunities, sunsetting and other enhancements in line with SBU strategy.
Participates in & influences SBU product prioritization discussions
Maintains broad and comprehensive knowledge of the markets and channels of their product line(s) and Allegion markets as well as consumer/customer needs, industry trends and go-to market strategy; consistently evaluates future market opportunities, threats and internal competencies to adjust product strategy as needed
Proactively & regularly assesses and evaluates market opportunities & threats to the business unit & Allegion and builds SBU strategy recommendations that enable the business to win
Leads development of KPIs and/or business cases in partnership with cross-functional stakeholders that detail sales forecasts, investment and commercialization strategy for a business opportunity within a business unit or across platforms
Synthesizes sales, market and other data to serve as inputs to business cases and developments or adjustments to the portfolio and business unit strategy
Actively manages the performance of their product line(s) through financial metrics & KPIs; evaluates and determines actions to positively influence business performance and drive better results and outcomes
Maintains strong, trusting partnerships with stakeholders and leaders across the business. Consistently and easily inspires, influences and aligns others to toward shared goals. Proactively identifies possible areas of conflict and partners with stakeholder(s) to identify resolution
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