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Philips

Director - Product Development

Philips is hiring a Director - Product Development in Pune, India. Level rates it ; you can apply on Philips.

Level's read on this job

  • Level rates this role Little AI ●○○○: aI is not part of the work.
  • Level classifies it as an executive role.
  • Level lists 783 other open roles at Philips.
  • The role was posted in the last few days.

AI in this role

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.

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How we rate this

Director - Product Development at Philips rates 27 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

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