Job Description Summary
The FACTS Product Management Leader will ensure that the FACTS product portfolio aligns with business goals, meets customer needs, and maintains competitiveness in the market. Working closely with the GSI CTO and FACTS NPI Leader, the FACTS Product Manager will be responsible for the strategic planning and management of the FACTS product portfolio, including defining the product strategy, vision, and roadmap to meet market needs. The role includes conducting market research to gather customer insights and perform competitive analysis, identifying key differentiators for GE Vernova products. These insights are used to define high-level requirements for new products. The role requires collaboration with cross-functional teams such as engineering, design, and marketing to prioritize feature development. Additionally, the responsibilities include planning and executing product launches, as well as monitoring product performance to make data-driven decisions for continuous improvement.
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• Product - Complete medium and long-range product plans, investigate new generations of FACTS products, understand new market and potential, work to build commercial relationship with partners.
• Price - investigate different methods for selling, Update market focused pricing, investigate market pricing influencers, understand disrupter value propositions.
• Promotion - Produce Brochures, Internal Training, External Training, Publish Papers, Professional Society activity and presentations, Standard customer presentations, GSI Regional Education (seminars/share point), Generate FACTS presentation and post/promote.
• Place - define how GE Vernova sells FACTS, monitor market and Universities for breakthrough/disruptive technology, drive use of on-line tools to better promote GE Vernova FACTS products (AppDash). Coordinate with marketing & sales for customer education opportunities.
• Market - Understand the market FACTS is selling into, generate ideas how to develop existing and new markets, understand competition, understand market changes including regulatory climate, government investments, & changing customer initiatives, Create competition analysis - marketing answers to customer and competitor developments.
Job Description
About Us:
Come bring your energy to change the world. Grid Solutions, part of the GE Vernova portfolio of energy businesses, serves customers globally with over 12,000 employees. Grid Solutions provides equipment, systems, and services to bring power reliably and efficiently from the point of generation to end power consumers. We electrify the world with advanced grid technologies and accelerate the energy transition. GE Vernova, a dynamic accelerator comprised of our Power, Renewable Energy, Digital and Energy Financial Services businesses, is focused on leading a new era of energy - electrifying the world while simultaneously working to decarbonize it. If you are ready to make a difference and usher in a new era of energy, come join us.
Why we come to work:
At GE Vernova, we are always up for the challenge - and we're always driven to find the best solution. Our projects are unique and interesting, and you'll need to bring a solution-focused, positive approach to each one to do your best. Surrounded by committed, loyal colleagues, if you can dare to bring your ingenuity and desire to make an impact, you'll be exposed to game-changing, diverse projects that truly allow you to play your part in the green energy transition
Essential Responsibilities:
These responsibilities ensure that the existing and new products align with business goals, meets customer needs, and maintains competitiveness in the market.
- Defining Product Strategy and Vision: Establish and communicate a clear product strategy and vision that aligns with business goals and market needs.
- Market Research and Analysis: Conduct market research, gather customer feedback, and analyse industry trends to identify opportunities and understand customer needs.
- Product Roadmap Development: Develop and maintain a roadmap for new and existing products that outlines the timeline, key milestones, and features for FACTS solutions, driving decisions on the NPI Investment.
- Stakeholder Collaboration: Work closely with cross-functional teams (engineering, sales, marketing, and operations) to ensure alignment on product goals and requirements.
- Product Requirements Definition: Define and document detailed product and service requirements based on market research and customer insights.
- Competitive Analysis: Monitor and analyse competitor products and industry developments to ensure the product remains competitive and innovative.
- Product Lifecycle Management: Oversee the full lifecycle of the product, from concept to development, launch, and ongoing improvements.
- Product Launches: Plan and execute successful product launches, ensuring smooth coordination between teams and strong market introduction.
- Performance Monitoring and Metrics: Track and analyse product performance metrics to evaluate product success and identify areas for improvement.
- Customer and Market Engagement: Engage with customers and key stakeholders to gather feedback, address concerns, and ensure the product continuously meets market demands.
Required Qualifications:
- Educational Background: A bachelor's degree in electrical engineering, power systems, or a related technical field. An MBA or advanced degree is often preferred for a broader business perspective.
- Experience in the Power Systems Industry: Several years of experience in the power systems or energy sector, specifically with FACTS technologies or similar electrical transmission systems.
- Product Management Experience: Proven experience in product management, preferably in a technical or industrial product environment, including managing the entire product lifecycle.
Desired Characteristics:
- Strong Analytical Skills: Ability to analyse market trends, customer needs, and competitor products to make data-driven decisions.
- Technical Understanding: A solid grasp of electrical engineering, particularly in power systems and FACTS technology, to effectively collaborate with engineering teams and understand product requirements.
- Problem-Solving Abilities: Ability to address complex technical challenges and develop innovative solutions that meet both customer needs and business objectives.
- Strategic Thinking: A clear vision for long-term product development and the ability to plan and execute strategies that align with the company's goals.
- Customer-Centric Focus: Strong focus on customer needs and satisfaction, with the ability to translate customer feedback into actionable product features.
- Effective Communication: Strong written and verbal communication skills to engage with cross-functional teams, customers, and senior leadership.
- Collaboration and Teamwork: Proven ability to work effectively across diverse teams, including engineering, design, sales, and marketing.
The salary range for this position is 152,400.00 - 203,200.00 - 254,000.00 USD Annual. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate's experience, their education, and the work location. In addition, this position is eligible for a performance bonus Total Base Pay Range 152,400.00 - 203,200.00 - 254,000.00 USD Annual.
Healthcare benefits include medical, dental, vision, and prescription drug coverage; access to a Health Coach, a 24/7 nurse-based resource; and access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services. Retirement benefits include the GE Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions, as well as access to Fidelity resources and planning consultants. Other benefits include tuition assistance, adoption assistance, paid parental leave, disability insurance, life insurance, and paid time-off for vacation or illness.
General Electric Company, Ropcor, Inc., their successors, and in some cases their affiliates, each sponsor certain employee benefit plans or programs (i.e., is a "Sponsor"). Each Sponsor reserves the right to terminate, amend, suspend, replace, or modify its benefit plans and programs at any time and for any reason, in its sole discretion. No individual has a vested right to any benefit under a Sponsor's welfare benefit plan or program. This document does not create a contract of employment with any individual.
GE Vernova offers a great work environment, professional development, challenging careers, and competitive compensation. GE Vernova is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE Vernova will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: Yes