Senior Product Manager - Hardware, Connected Products

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too.

When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Are you interested in being a part of a fast growing, agile category management team that brings new smart, connected products to market? The Connected Security team has new openings for a Senior Product Manager - Hardware, Connected Products. 

The Senior Product Manager will be instrumental in leading and executing Hardware Product management of one or more product lines within our Connected Products Group, part of the Security Business unit which supports the market leading brands of Master Lock and Yale. The Senior Product Manager creates hardware product roadmaps and defines the strategic vision for their team driven by the overall Security business vision.

They have a deep understanding of the target market/industry/user and build close relationships with key stakeholders to ensure that the team’s effort is aligned with overall strategy. This role manages dependencies with other team’s functions while identifying, building and managing strategic partnership across the different teams. They work closely with the engineering and development teams to ensure business value is maximized by leveraging user feedback. Product Managers will be accountable for specific business OKRs based on Security product line needs.

POSITION LOCATION:

This position is eligible for a hybrid schedule with work performed in either San Francisco, CA or Deerfield, Illinois (onsite Tuesdays, Wednesdays, Thursdays).

RESPONSIBLIITIES:

• Lead & own the hardware product portfolio strategy for assigned Connected Product Group product lines. (ex: smart door locks, smart safes, or smart padlocks).
• Develop and execute a 3-year product roadmap plan through conducting ongoing competitive, market, and Voice of Customer (VOC) analysis to deliver best in class solutions.
• Partner with cross-functional product development (hardware & software) teams to help execute new product introductions and provide marketing leadership at business tollgates.
• Articulate product requirements and features to multiple teams (hardware & software) to deliver on value proposition, unique selling proposition, price, margin and supply for new product development.
• Have in-depth technical discussions with Engineering teams.
• Lead pricing decisions for assigned product portfolio driving revenue and margin contribution to achieve P&L objectives.
• Define market segment priorities and partner with Sales & Channel Marketing to establish go-to-market strategies and plans to achieve P&L objectives.
• Own product lifecycle management for assigned product portfolio, including product launches, focus on ongoing sustained product quality, & managing plans for discontinuing product.

• 6+ years of experience as a Product Manager, Category Manager, or Product Owner, should demonstrate a deep knowledge and passion for how customers work and think.
• Bachelor’s Degree in Engineering or related field.
• Experience in the Smart Home/Connected Home Industry is preferred.
• Solid knowledge of industry trends pain points to be able to create a high value product vision and user demands.
• Engineering background is required.
• Prior experience in durable goods manufacturing categories or direct physical connected devices
• Strong communication skills with ability to communicate complex messages and trade-offs and tell a compelling story.
• Entrepreneurial mindset and passion to challenge status quo to find new solutions and drive out of the box ideas – loves and embraces change.
• Able to build a sense of trust and rapport that creates a comfortable & effective workplace.
• Brings a high-energy and passionate outlook to the job and can influence those around them.
• Strong analytical skills, including ability to arrive at insights from analytical data, is essential for market and competitive evaluation, pricing and line management.
• Demonstrated ability to be a team player with skills to lead/participate in cross-functional teams.
• Ability to travel approximately 15%, mainly to trade shows & customer locations.

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $107,000 - $145,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity:

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations:

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.