Group Product Manager - Connected Products

Fortune Brands; Illinois; Hybrid; USD 105,000 - 165,000; Full time

Benefits offered by this job

Health plans

401(k) with company contribution

Product discounts

Job summary

Fortune Brands is seeking a Group Product Manager for the Connected Security portfolio, leading a team of product managers and shaping category strategy across Master Lock and Yale brands. The role is hybrid from our Deerfield, IL headquarters or San Francisco, CA, with on-site days and close collaboration with hardware and software teams.

You will drive lifecycle planning, VOC analysis, and market insights to deliver differentiated products, pricing, and profit growth while partnering with

Qualifications

• 5+ years of experience in product management, category management, or product ownership within a consumer electronics, IoT, smart home, or connected products company.
• Demonstrated team leadership experience, including managing, mentoring, or leading a team of product or category managers.
• Proven ability to drive category growth through data-driven insights and innovative strategies.
• Solid knowledge of industry trends and pain points, with the ability to create a high-value product vision that meets user demands.
• Strong communication skills with ability to communicate complex messages and trade-offs and tell a compelling story at all levels of the organization.

Responsibilities

• Develop and execute a comprehensive category strategy to drive sales growth, market share, and profitability.
• Identify market trends, competitive threats, and consumer needs to inform portfolio roadmap and go-to-market strategies.
• Establish clear KPIs and performance metrics to track category success.
• Partner with Software Product Leadership to drive platform-level software prioritization.
• Lead & own the product portfolio strategy and lifecycle for the assigned Connected Products portfolio.
• Develop and execute a 3-year portfolio roadmap plan through conducting ongoing competitive, market, and VOC analysis to deliver best-in-class solutions.
• Partner with cross-functional product development (hardware & software) teams to define new product introductions and provide regular updates to business leadership.
• Lead the product management team as they define requirements and features for multiple teams (hardware & software) to deliver on value proposition, price, margin and supply for new product development.
• Define market segment priorities and partner with Sales & Channel Marketing to establish go-to-market strategies and plans to achieve business objectives.
• Lead portfolio and pricing strategy for the assigned product portfolio, driving revenue and margin contribution to achieve business objectives.
• Leverage data analytics, market research, and consumer insights to inform category strategy.
• Monitor category performance, pricing trends, and competitive benchmarks to make proactive adjustments.
• Influence senior leadership by providing strategic recommendations based on category insights.
• Build strong relationships with external partners, channel partners, and technology partners.

Skills

Product management

Category management

Leadership

Data-driven insights

Voice of customer

Cross-functional collaboration

Storytelling

Education

Bachelor’s Degree in Engineering, Business, Marketing

MBA (preferred)

Job description

Fortune Brands Innovations is an industry-leading home, security and digital products company. We’re advancing exciting innovations across our portfolio, which includes: Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

Are you interested in being a part of a fast growing, agile product management team that brings new smart, connected products to market? The Connected Security team has a new opening for a Group Product Manager hybrid based out of our Global headquarters in Deerfield, IL or San Francisco, CA location.

The Group Product Manager will be instrumental in leading and executing product management for a portfolio of retail solutions within our Connected Products Business, related to the security group brands of Master Lock and Yale. The Group Product Manager leads a team of connected product managers. The Group Product Manager drives category growth through portfolio execution and defines the strategic vision for their team driven by the overall Security business vision. They have a deep understanding of the target market/industry/user and build close relationships with key stakeholders to ensure that business priorities are aligned with overall strategy. This role manages dependencies with other teams’ functions while identifying, building and managing strategic partnerships across the different teams. They work closely with commercial functions, project, development and supply chain teams to ensure business value is maximized. Group Product Managers will be accountable for their category revenue growth, category and portfolio growth strategy, and for specific business OKRs based on their Security portfolio needs.

POSITION LOCATION:

This position is eligible for a hybrid schedule with work performed in Deerfield, Illinois or San Francisco, CA (onsite Tuesdays, Wednesdays, Thursdays).

RESPONSIBILITIES:

Category Strategy & Leadership

• Develop and execute a comprehensive category strategy to drive sales growth, market share, and profitability.
• Identify market trends, competitive threats, and consumer needs to inform portfolio roadmap and go-to-market strategies.
• Establish clear KPIs and performance metrics to track category success.
• Partner with Software Product Leadership to drive platform-level software prioritization.

Product & Portfolio Management

• Lead & own the product portfolio strategy and lifecycle for the assigned Connected Products portfolio.
• Develop and execute a 3-year portfolio roadmap plan through conducting ongoing competitive, market, and Voice of Customer (VOC) analysis to deliver best-in-class solutions.
• Partner with cross-functional product development (hardware & software) teams to define new product introductions and provide regular updates to business leadership.
• Lead the product management team as they define requirements and features for multiple teams (hardware & software) to deliver on value proposition, unique selling proposition, price, margin and supply for new product development.

Go-to-Market Execution

• Define market segment priorities and partner with Sales & Channel Marketing to establish go-to-market strategies and plans to achieve business objectives.
• Lead portfolio and pricing strategy for the assigned product portfolio, driving revenue and margin contribution to achieve business objectives.

  Data-Driven Decision Making

  • Leverage data analytics, market research, and consumer insights to inform category strategy.
  • Monitor category performance, pricing trends, and competitive benchmarks to make proactive adjustments.

  Stakeholder Collaboration

  • Influence senior leadership by providing strategic recommendations based on category insights.
  • Build strong relationships with external partners, channel partners, and technology partners.
  • 5+ years of experience in product management, category management, or product ownership within a consumer electronics, IoT, smart home, or connected products company. Should demonstrate a deep knowledge and passion for how customers work and think.
  • Demonstrated team leadership experience, including managing, mentoring, or leading a team of product or category managers.
  • Bachelor’s Degree in Engineering, Business, Marketing, a related field, or equivalent experience required. MBA preferred.
  • Proven ability to drive category growth through data-driven insights and innovative strategies.
  • Solid knowledge of industry trends and pain points, with the ability to create a high-value product vision that meets user demands.
  • Strong communication skills with ability to communicate complex messages and trade-offs and tell a compelling story at all levels of the organization.
  • Entrepreneurial mindset and passion to challenge status quo to find new solutions and drive out-of-the-box ideas – loves and embraces change.
  • Able to build a sense of trust and rapport that creates a comfortable & effective workplace.
  • Brings a high-energy and passionate outlook to the job and can influence those around them.
  • Strong analytical skills, including the ability to arrive at insights from data, are essential for market and competitive evaluation, pricing and line management.
  • Demonstrated ability to be a team player with skills to lead/participate in cross-functional teams.
  • Ability to travel approximately 15%, mainly to trade shows & customer locations.

  Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $105,000 USD - $165,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

  At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

  Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

  Equal Employment Opportunity

  Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

  Reasonable Accommodations

  Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [e-mail] and let us know the nature of your request along with your contact information.

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  To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.