Executive Head Product

3 weeks ago

Randburg, South Africa MultiChoice Full time
Job title : Executive Head ProductJob Location : Gauteng, RandburgDeadline : January 02, 2025Quick Recommended Links
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Key Performance Objectives

Tasks

Strategy Development & Execution

  • Develop overarching DTH product and pricing strategy that aligns with overall customer strategy.
  • Establish, embed and manage the product and pricing strategy development process.
  • Develop a product innovation strategy that delivers disruptive consumer-centric innovation, renovation and impact, both within and across product categories
  • Work with technology, Stream and Connectivity teams to optimise bundles
  • Set the overarching product development strategy. Support the development of specific product strategies.
  • Work with industry thought leaders (local & International) to scenario plan product conceptualisation, creation and adoption.
  • Develop understanding of, and monitor, DTH product profitability
  • Input and approve approach to customer offers

Benchmarking/Governance

  • Set and manage a governance plan to ensure consistency and adherence to product development and pricing methodology and parameters, as well as the timely provision of key inputs from participating functions
  • Commission competitor product and pricing intelligence analysis to develop a robust understanding of our position in the market and an awareness of our competitiveness
  • Coordinate and conduct large-scale product and pricing studies & research (e.g. the impact of consumer value perceptions on price elasticity) to inform and refresh products and pricing

Budget Management

  • Manage financials and associated controls in respect of the Product team (effective cost control).
  • Lead input into subscriber and pricing assumptions for budget – working with strategy and insight teams
  • Implement action plans in respect of budget deviations.
  • Rigorously monitor expenditure against approved budgets and put measures in place to address variances.
  • Continuously identify areas for improved efficiency and reduced cost.

Pricing & Stakeholder Management

  • Manage the overall DTH NPD[BN2] pipeline, ensuring resource allocation aligns with overall customer strategy
  • Work with all Customer functions to develop and recommend products with specific pricing and packaging strategies that balance short-term performance with long term goals
  • Work with customer marketing, brand, and sales teams to develop annual promotion plan and provide promotion guidelines and parameters to optimize annual discount budgets
  • Provide regular and timely product and pricing updates with corresponding pricing insights and recommendations
  • Evaluate the price performance of products by developing a robust price monitoring plan and make corresponding price optimisation recommendations

People Management

  • Oversee the activities of the team to ensure effective delivery of business outcomes.
  • Develop a high performing team by embedding formal performance management, informal coaching and recognising effort and success
  • Encourage frequent knowledge sharing between team members.
  • Determine and analyse development needs for the team
  • Interview and recruit new members of the team
  • Manage team performance – including disciplinary or grievance processes (with support from Human Capital when required)

Qualifications Essential:

  • Post Grad Qualification or Equivalent NQF Level 8 Qualifications in Business Management/Marketing or similar

Qualification Preferred:

  • MBA advantageous

 Experience

  • A minimum of 10 years’ experience in new product development and strategic pricing analysis,
  • A minimum of 5 years of senior management experience
  • Substantial experience driving innovative new products and building pricing models

  • Sales / Retail / Business Development  jobs

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