Matrix designs, manufactures, and sells innovative technological products that help keep people safe. Originally focused on the underground coal mining industry, Matrix has expanded into new industrial markets in the United States and globally.
We are seeking an experienced and visionary Director of Product Development to lead and expand our product division. This role involves overseeing the development and management of Matrix's Product group and the oversight of product lines. The ideal candidate will have a passion for building a highly functional product team that is process-driven and focuses on building value for our customers. The candidate will have a strong background in product management, a deep understanding of technology trends, and a proven track record of bringing innovative products to the market. This position works in a team environment at our home office in Newburgh, IN.
This is not a remote position.
This position reports to the VP of Product and Engineering.
Key Responsibilities:
- Strategic Leadership:
- Develop and implement a comprehensive product strategy aligned with Matrix Design Group's mission and market demands.
- Identify and prioritize new product opportunities, ensuring a balanced portfolio that drives growth and innovation
- Conduct and evaluate thorough market research to understand customer needs, industry trends, and the competitive landscape and engage with the commercial team to assist in business model development.
- Assist in developing and maintaining the company product roadmap.
- Effectively prioritize engineering development efforts based on product roadmap and customer and business needs.
- Drive innovation by exploring and integrating emerging embedded technologies, artificial intelligence, and real-world analytics, into product offerings.
- Team Development:
- Build and lead a high-performing product management team, fostering a culture of collaboration, creativity, and excellence.
- Mentor and develop team members, providing guidance and support to achieve individual and collective goals.
- Product Lifecycle Management:
- Oversee the entire product lifecycle, from ideation and development to launch and post-launch evaluation.
- Collaborate with cross-functional teams, including engineering, marketing, customer success, field service, and sales, to ensure successful product development and market introduction.
- Utilize insights to inform product development and positioning strategies.
- Innovation and R&D:
- Market and customer research for hardware and software solutions in industrial and mining industries
- Assist in developing and maintaining the company product roadmap
- Effectively prioritize engineering development efforts based on product roadmap and customer and business needs.
- Drive innovation by exploring and integrating emerging technologies, such as artificial intelligence and real-world analytics, into product offerings.
Qualifications and Competencies:
- Bachelor's degree in Engineering, Business, or a related field;
- Deep understanding of hardware and software technologies and trends as they apply to industrial and mining industries
- Minimum of 10 years of experience in product management, with at least 5 years in a leadership role.
- Proven experience in developing and launching technology products, preferably in industrial or mining sectors.
- Strong understanding of product development processes, market analysis, and strategic planning.
- Excellent leadership, communication, and interpersonal skills.
- Ability to think strategically while managing operational details.
- Demonstrated ability to build and lead effective teams in a dynamic environment.
Working Conditions:
- The working conditions will be in a climate-controlled office environment. The noise levels most times are nominal.
Physical Requirements:
The employee is occasionally required to stand, walk and stoop, or crouch. The employee may need to lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Benefits:
- First day coverage of all benefits - no waiting period
- No premium medical, dental and vision insurance – working spouse must take major medical at their place of employment if offered
- On-site health clinic
- Basic Life (2x annual base salary at no cost)
- Optional Life and Accidental Death and Dismemberment (AD&D) insurance
- Short-Term and Long-Term Disability insurance (no cost)
- 401(k) Plan with up to an 8% company match
- FSA for Health Care and Dependent Care
- 10 Paid annual holidays plus vacation time
- Educational Reimbursement Program
- Scholarship Program
- Optional Gym Membership
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Last updated on Jan 24, 2025