Director - Product Development

Job Title Director - Product Development Job Description Job title: The Innovation and Engineering Leader is responsible for managing and guiding R&D and product implementation, coordinating cross-functional teams, monitoring development progress, staying updated on technical developments, and overseeing personnel for efficient operation of the development function, while assessing emerging technologies for product roadmap integration. The role formulates and implements a long-term vision and strategy to align with customer needs and enhance cross-organizational innovation. The role oversees departmental capabilities, ensuring competency development for new technology adoption and efficient resource allocation. The role fosters an engaged and innovative work environment, guides project execution, and collaborates across departments to gather input on technological advancements. The role drives data-driven decisions, contributes to product development policy formulation, guides technology roadmap development, and leads talent management initiatives. Your role: • Formulates and implements a long-term vision and strategy to maximize future business value, aligning with current and future customer needs, and contributes to cross-organizational innovation projects. • Oversees departmental capabilities, ensuring a long-term focus on necessary competences and knowledge for new technology introduction, while also overseeing resource allocation, technology, and architectural responsibilities. • Cultivates an engaged, innovative, and inspiring work environment by motivating, challenging, and coaching employees, fostering innovation, entrepreneurship, and engagement. • Provides guidance and oversight to ensure exceptional project execution by continually enhancing project management practices, aiming to exceed customer expectations consistently. • Collaborates with relevant parties outside the department, formulating strategies/project proposals across departmental borders, establishing networks with scientific and business entities to gather input on technological advancements and trends. • Harnesses in-depth customer insights to drive informed decision-making and effective strategy implementation, ensuring alignment with customer needs and market dynamics. • Takes the lead in driving data-driven decision-making processes to enhance efficiency and effectiveness across operational functions, leveraging analytics and metrics to optimize performance and drive continuous improvement. • Plays a role in formulating parts of the product development policy and manages a software or hardware development group, integrating development processes with industrial, marketing, or purchasing processes. • Guides the development of systems/products and technology roadmap, optimizes competencies against product development projects and product creation process within organizational and market dynamics. • Leads succession planning and comprehensive talent management, driving employee selection, performance management, compensation management, and career development in alignment with organizational operational goals. You're the right fit if: Minimum required Education: Bachelor's / Master's Degree in Electrical Engineering, Electronic Engineering, Mechanical Engineering, Computer Science Engineering, Innovation, Business or equivalent. Minimum required Experience: Minimum 18 years of experience with Bachelor's OR Minimum 15 years of experience with Master's in areas such as Manufacturing, Production, Engineering, Management, System Design, R&D or equivalent. Preferred Certification: Lean Six Sigma or equivalent Preferred Skills: • Hardware Engineering • Operational Excellence Methodologies • Strategic Planning • Project Management • Budget Management • People Management • Product Development Lifecycle Management • Systems Engineering • Business Acumen • Configuration Management (CM) • Stakeholder Management • Operations Management • Change Management How we work together We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company’s facilities. Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations. About Philips Are you ready to do the work of your life to help the lives of others? Learn more about our business , discover our rich and exciting history and learn more about our purpose . If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our culture of impact with care . #LI=PHILIPS