Director, Product Management

Welcome to Best Buy, where technology meets innovation! We are looking for a dynamic and driven individual to join our team as the Director of Product Management. As the Director, you will play a crucial role in shaping the future of our product offerings and driving the success of our company. Our ideal candidate has a strong background in product management and a passion for staying ahead of the curve in the ever-evolving world of technology. If you are a strategic thinker, a natural leader, and thrive in a fast-paced environment, we want to hear from you!

1. Develop and execute product strategies that align with the company's overall goals and vision.
2. Lead and manage a team of product managers, providing guidance, mentorship, and support to ensure their success.
3. Conduct market research and analyze industry trends to identify new product opportunities and make informed decisions on product enhancements.
4. Collaborate with cross-functional teams, including marketing, sales, and engineering, to ensure that product development and launch plans are executed effectively.
5. Set product pricing and monitor product margins to achieve financial targets.
6. Define and track key performance indicators (KPIs) to measure product success and make data-driven decisions.
7. Stay updated on emerging technologies and market trends to accurately anticipate customer needs and stay ahead of competitors.
8. Work closely with the sales team to understand customer needs and gather feedback to inform product improvements.
9. Develop and maintain strong relationships with key stakeholders, including vendors and partners, to support product development and innovation.
10. Communicate product updates, launches, and performance to internal teams and external stakeholders.
11. Develop and manage the product roadmap, prioritizing features and enhancements based on business objectives and customer needs.
12. Manage product budgets and resources effectively to ensure on-time and on-budget delivery.
13. Ensure all products meet quality standards and regulatory requirements.
14. Continuously evaluate and improve product management processes and procedures to drive efficiency and effectiveness.
15. Represent the company at industry events and conferences to showcase our products and stay informed on industry developments.

According to JobzMall, the average salary range for a Director, Product Management in Richfield, MN, USA is between $150,000-$200,000 per year. This may vary depending on factors such as experience, industry, and company size.

Best Buy Co., Inc. provides consumer electronics, home office products, entertainment products, appliances and related services. It operates through two business segments: Domestic and International. The Domestic segment is comprised of the operations in all states, districts and territories of the U.S., operating under various brand names, including but not limited to, Best Buy, Geek Squad, Magnolia Audio Video and Pacific Sales. The International segment is comprised of all operations outside the U.S. and its territories, which includes Canada and Mexico. It also markets its products under the brand names: Best Buy, Geek Squad, Magnolia Audio Video and Pacific Sales.