Target Hiring Principal Product Manager | Apply Now

Role: Principal Product Manager 

Company: Target 

Location: Minneapolis, MN

Salary: $144,400 – $259,900 a year

Principal Product Manager Description

The Principal Product Manager is responsible for overseeing the improvement and lifecycle of key merchandise inside the corporation. This role entails strategic planning, market analysis, and go-functional collaboration to ensure that products meet market desires and power business growth. The Principal Product Manager acts as a frontrunner and mentor in the product control group, guiding the vision, strategy, and execution of product initiatives.

Principal Product Manager Key Roles

• Strategic Leadership: Define and drive the product vision and approach.
• Market Analysis: Conduct thorough marketplace studies and aggressive analysis.
• Product Development: Oversee the whole product lifecycle from ideation to launch and past.
• Team Leadership: Mentor and manual junior product managers and move-useful groups.
• Stakeholder Communication: Liaise with key stakeholders to make sure alignment and successful product delivery.

Principal Product Manager Responsibilities

1. Define the product vision and strategy in alignment with employer desires.
2. Conduct marketplace studies and aggressive evaluations to identify opportunities and threats.
3. Collaborate with engineering, design, and advertising groups to increase product roadmaps.
4. Oversee the product improvement system, ensuring timely and great shipping.
5. Gather and prioritize product requirements based on customer comments and marketplace developments.
6. Create and hold unique product documentation and specifications.
7. Monitor product performance and iterate on product improvements put up-release.
8. Communicate product plans, progress, and consequences to stakeholders and executive management.
9. Manage the product price range, ensuring cost-powerful development and advertising strategies.
10. Mentor and expand junior product managers, fostering a subculture of non-stop development.

Principal Product Manager Skills

• Strategic Thinking: Ability to develop and enforce long-term product strategies.
• Market Research: Proficiency in carrying out marketplace evaluation and know-how of aggressive landscapes.
• Product Lifecycle Management: Expertise in coping with the stop-to-end product lifecycle.
• Leadership: Strong management and mentoring competencies.
• Communication: Excellent verbal and written communique talents.
• Collaboration: Ability to work efficiently with move-useful groups.
• Analytical Skills: Strong analytical and hassle-fixing abilties.
• Project Management: Proficiency in challenge control and planning.
• Customer Focus: Deep understanding of consumer wishes and behaviors.
• Technical Aptitude: Ability to apprehend and paint with technical teams and ideas.

Principal Product Manager Education and Qualifications

1. Bachelor’s diploma in Business, Marketing, Computer Science, Engineering, or an associated area.
2. MBA or superior degree preferred.
3. Minimum of 7-10 years of revel in product control or a related role.
4. Proven song file of correctly dealing with and launching merchandise.
5. Experience in a leadership position with strategic making plans and execution responsibilities.
6. Strong understanding of Agile improvement methodologies.
7. Proficiency in product management gear and software (e.g., JIRA, Trello).
8. Relevant certifications in product management (e.g., Certified Scrum Product Owner, AIPMM Certified Product Manager).
9. Experience inside the generation area or an associated enterprise.
10. Excellent references from previous employers or tasks.

Principal Product Manager Conclusion

The Principal Product Manager is a pivotal role that drives the strategic imaginative and prescient execution of key products in the employer. By main the product lifecycle from ideation to release, conducting market studies, and fostering go-purposeful collaboration, this position guarantees that products meet marketplace desires and make contributions to business increase. The best candidate can have a robust strategic mindset, super management capabilities, and a deep knowledge of product management concepts and exceptional practices.

Apply Now: Principal Product Manager 

More Jobs

SEO Analyst Job

AM Design Job

Technical Consultant

Internal Audit