Product Owner

Requisition ID: 34064- Job Location(s): Oragadam, INDanfoss is looking for a Product Owner to join our diverse team.

Product Owner is a champion of the assigned product line. Responsibilities include the support of existing product lines and global market introductions of new products. This role also serves as the sales and marketing representative in product development teams providing market insight to the project team. The Product Owner acts as a connector, bringing teams and customers/users together so the teams become more customer focused.

**Responsibilities**:
Responsibilities for this position include, but are not limited to, the following.
- Drive & lead new product development projects as a product owner.
- Optimizing the value add, cost and quality of the product by
- Clearly expressing Product Backlog items and documenting the value add(Value Proposition, Product Strategy, Business Value, Product Positioning)
- Prioritizing the items in the Product Backlog to best achieve goals and missions.
- Turns data insights into products with actionable outcomes to the ultimate customer.
- Continuously reviews the business needs, refines priorities keeping the balance between committed items and non-committed items for implementation to minimize customer disturbances when fast moving items are entering into backlog
- Is specialized in certain product management activities as Product Owner - could be across product families.
- Owns all aspects of the product (Hardware, Software, release, etc.)
- Drive product improvements based on market and customer needs with technical understanding and act as technical advisor for various internal projects.
- Has strong competitor insight for the relevant products
- Give necessary in-depth product support for Sales & Service teams and customers and make customer visits as required to help sales organization on key projects.
- Facilitate the development of technical and marketing literature for new products
- Engage with product owners globally for alignment of product gaps.
- Drive Regional Product Portfolio
- Drive product specifications based on regional and focused vertical dimensions by interviewing customers.
- Build business case for regional product requirements.
- Drive product launch activities as relevant for localized products

Success Criteria

Value of backlog
Well maintained and available
Priority set and reviewed.
Continuously refined
Value of delivered backlog (as planned, as sold)
“Building the right thing” - product meets the set value propositions
Product sales change & cost down & quality vs targets
Other measurements relevant for specific Segment/BU/Region or product

**Background & Skills**:

- Bachelors degree in Engineering - Electronics / Electrical
- Exposure to global markets
- Should have a broad base of business knowledge in addition to technical knowledge.
- Able to deal technically with complete systems involving complex technical components.
- Experienced at analysing customer needs and defining solutions.
- Experience in Product Management and/or Product Development
- Proven ability to influence cross-functional teams without formal authority
- Previous experience in similar business with good understanding of Agile product development
- Essential personal characteristics
- A proactive self-starter, keen to work in the fluid / dynamic environment
- Solution focused, not technology biased; will seek the appropriate tool for the job.
- Good aptitude with outstanding technical, interpersonal and communication skills.
- Presentation skills
- Demonstrating accountability.
- Leveraging the team to get results beyond targets.
- Stakeholder management & collaboration skills
- Excellent teamwork and communication skills
- Positive attitude, character, Integrity, Motivation, Determination and create value to the organization

**Danfoss - Engineering Tomorrow**:
At Danfoss, we are engineering solutions that allow the world to use resources in smarter ways - driving the sustainable transformation of tomorrow. No transformation has ever been started without a group of passionate, dedicated and empowered people. We believe that innovation and great results are driven by the right mix of people with diverse backgrounds, personalities, skills, and perspectives, reflecting the world in which we do business. To make sure the mix of people works, we strive to create an inclusive work environment where people of all backgrounds are treated equally, respected, and valued for who they are. It is a strong priority within Danfoss to improve the health, working environment and safety of our employees.

Following our founder’s mindset “action speaks louder than words”, we set ourselves ambitious targets to protect the environment by embarking on a plan to become CO2 neutral latest by 2030.

Danfoss engineers solutions that increase machine productivity, reduce emissions, lower energy consumption, and enable electrification.

Our solutions are used in s