Product Strategy Manager Warwickshire
Job description
REQ ID: 116564
JOB TITLE: Product Strategy Manager
SALARY: £62,400 - £75,000
POSTING END DATE: 14.06.23
LOCATION: Warwickshire
Beyond Property, Purchasing, HR and IT, more than being part of our Finance or Marketing teams, beyond even Sales and Service, every role in every business area offers unique opportunities to make an impact on the future of mobility and the automotive industry.
WHAT TO EXPECT
The Commercial Product Strategy team are creators of the world’s most desirable experiences, products and services, inspired by customer foresight. We are responsible for four key deliverables: (1) Understanding our future target customers (customer foresight), (2) Define the world’s most desirable customer experiences, (3) Deliver customer-led innovation stories, and (4) Deliver the best products and services for future customers.
The Product Strategy Manager will be a key member of a squad that creates products and services during early development stages, responsible for: (1) Ensuring the future customer needs are met and exceeded, (2) Delivering unique customer experiences and innovations onto our future products and services, and (3) Optimising the revenue equation to maximise profit through the right balance of volume, price and product/market mix. With business-wide exposure, this role will provide an excellent experience to internal customers and develop and manage relationships with stakeholders at all levels.
KEY ACCOUNTABILITIES AND RESPONSIBILITIES
Customer foresight – Strive to truly understand the target customers for our future products and services. Utilise the framework and toolkit from our Customer Foresight team to understand the demographics, psychographics and behaviours of our future customers, driving their wants and needs into the business.- Customer experience (CX) – Work with our CX team to generate world-class customer experiences that excite our future customers, ensuring they land in our future programmes.
- Revenue equation – Lead the revenue equation inputs for future products and services. Optimise revenue through pricing, product/market mix and volume.
- Management of Analyst – Lead, motivate and develop the Product Strategy Analyst to deliver key projects as one team, with each team member taking ownership and accountability for tasks.
- Customer offer – Create the complete customer offer, including the core product, halo model, and services.
- Customer research – Support the requirements for customer research and attend clinics as necessary to drive customer feedback into future product concepts.
WHAT YOU'LL NEED
Customer engagement – Experience in identifying and futuring a target customer group and developing products and services that meet and exceed their wants and needs.- Customer experience – Experience in CX development by thinking through customers' perceptions and feelings from interactions with a brand's future products and services.
- Revenue generation – Understanding how to drive income into the business to maximise profitability through optimising the right balance of volume, price and product/market mix.
- Strategic thinking – Capable of seeing the 'bigger picture' and thinking strategically. Generation of strategic options through a creative mindset and seeking out new innovations to excite customers. Knowledge of core strategy processes – external (macro/micro) analysis, internal analysis, developing and filtering strategic options.
- Highly numerate – Analytical, capable of detailed analysis and evaluating extensive data sets to provide summaries and recommendations. Knowledge of financial statements and business cases (EBIT %, IRR, NPV, payback period).
- Creative presentation skills – Ability to bring a story to life and excite your audience.
- Prioritisation – Ability to manage priorities, identify issues and solutions using your own judgement and initiative, coupled with a desire to make a difference and achieve great results.
- Market trends – Thorough understanding of market trends; consumers, segmentation, macroeconomics.
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Degree qualification – Educated to degree level.
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SO WHY US?
Bring all this to the home of premium innovation, and you’ll find the opportunities to further your career with a world-class team, a discounted car purchase and lease scheme for you and your family, membership of a competitive pension plan, private medical cover and performance related bonus scheme. As a manager, you’ll also be able to select one of our luxury premium vehicles to lease at a fraction of the cost. All this and more makes Jaguar Land Rover the perfect place to continue your journey.
This role may offer the opportunity for hybrid working where you can split your time between working from home and in the office. At Jaguar Land Rover, hybrid working is a voluntary, non-contractual arrangement providing employees with more choice and flexibility around how, when and where they work, if suitable for their role. Further details can be discussed with the Hiring Manager at interview stage.
Please be aware that we may close this vacancy for applications before the stated deadline if we receive a high volume of interest. We strongly advise you to submit your application as early as possible.
Jaguar Land Rover is committed to equal opportunity for all.
