Principal - Product Management Job

Job Description

OVERVIEW

Job Title

Principal

Job Code

Grade

T1

Division

MoI & NIC Products Division

Department

M&NP - Products Integration

Section

Unit

ROLE PURPOSE

The aim is to state the overall significance of the job from the organization’s perspective.

KEY ACCOUNTABILITIES & ACTIVITIES

This section describes the principal outputs required from the job.

Key Accountabilities

Key Activities

1. Product Strategy & Vision

• Define and articulate the long-term product strategy and vision, aligned with the organization's overall business objectives and market opportunities.
• Conduct market research, competitive analysis, and customer insights to identify emerging trends, customer needs, and growth opportunities.
• Collaborate with executive stakeholders to ensure alignment of the product strategy with the overall company vision

2. Product Lifecycle Management

• Lead the planning, development, and management of products throughout their lifecycle, from ideation to retirement.
• Drive the product roadmap, prioritization, and feature backlog, considering market demands, customer feedback, and business goals.
• Ensure effective cross-functional collaboration between engineering, design, marketing, sales, and other teams involved in the product lifecycle.

3. Product Execution & Control

• Lead cross-functional teams in the successful execution of products, ensuring adherence to timelines, budgets, and quality standards.
• Monitor product progress, identify and mitigate risks, and resolve issues to ensure successful product delivery.
• Utilize product management methodologies and tools to track product milestones, deliverables, and dependencies.
• Conduct thorough products assessments, including risk analysis, resource allocation, and timeline development
  Ensure the compliance with all relevant information Security practices and standards to ensure data integrity and confidentiality

4. Stakeholder Management:

• Build and maintain strong relationships with key stakeholders, including executives, department heads, and project team members.
• Collaborate closely with stakeholders to gather requirements, provide regular project updates, and address concerns or issues.
• Facilitate effective communication and foster collaboration among team members and stakeholders throughout the program lifecycle.

5. Market Analysis & Performance Monitoring

• Conduct in-depth market research, customer interviews, and data analysis to gather insights and validate product decisions.
• Leverage market intelligence to drive product positioning, pricing strategies, and go-to-market plans.
• Monitor product performance metrics, including adoption rates, customer satisfaction, and revenue growth, and identify areas for improvement.
• Implement data-driven decision-making processes and leverage analytics to measure and optimize product performance.
• Continuously gather customer feedback and work cross-functionally to iterate and enhance the product offering.

JOB SPECIFICATIONS

Academic and professional qualifications

• Bachelor’s degree in Business Administration, IT or equivalent with preferably an

Years and Nature of Experience

• 8 of years of relevant experience