Job Description

Family Description

Product, Portfolio & Solution Management (PP) covers the provision of input to the complete set of all products / services related to design, production, maintenance, and termination information processes. Ensures the optimal allocation of resources between different products / services and areas of potential improvement to balance the products / services mix and maintain alignment between Nokia's products / services and the overall business strategy. Ensures a successful launch of the products / services in the market applying go-to-market strategy. Translates key market, business and customer needs into products / services and solutions.

Subfamily Description

Product Management (PRM) ensures the management of specific products / services as they progress along their lifecycle with both operational and strategic responsibility. Comprises positioning of the product / service in the respective markets, defined business models, segmentation, and pricing. Contains implementation of strategies set by portfolio management and ensures that products / services are developed or updated accordingly to the portfolio and in close linkage of R&D, technology, and markets (operators, end-users).

Qualifications

Impact is primarily short term and typically functional, departmental or small single geographic in scope through management of resources. Accountable for departmenta/program goals, achievement and cost performance. Actions and errors will normally impact business, program, project, function. Marked contribution to defining the direction for new products, processes, standards or operational plans based upon business strategy.

Scope & Contribution: Individual Contributor: Independently carrying out consulting, specific functional work within a Business Unit/Geography. Assumes broad perspective. Resolves unique and highly complex problems within own discipline. Makes decisions about own and/or project work using known solutions as basis. Managerial/Supervisory: Typically second (occasionally first) level of solid line management. Effective management of resources and development/implementation of plans and processes. Interprets policies and establishes procedures. Increased awareness and influence of other functions outside of own business area. Decision making often repeated in similar manner - able to choose correct solution or modify existing solution.

Innovation: Highly independent and self directed. Develops plans, measures effectiveness. Assesses customer relationships and service levels. Can develop and implement complex and innovative concepts. Problems require searching and selecting. Anticipates problems, seeks opportunities. Models creative and innovative work methods.

Communication: Communicates with parties within and outside of own job function, which may include external customers or vendors depending upon the job function. Requires ability to influence others outside of own job area on policies, practices and procedures. Has cross-cultural knowledge and global mindset. Works to influence others to accept job functions view/practices and agree/accept new concepts, practices, and approaches. Requires influencing others outside of own job area on policies, practices and procedures, e.g. by expressing complex information in an engaging and inspiring manner.

Knowledge & Experience: Management Experience / Mastery of a specific professional discipline combining deep knowledge of theory and practice within a function. Expert in more than one area, broad perspective. Typically requires 7-10 years extensive relevant experience and/or a graduate / postgraduate equivalent degree.

Responsibilities

• Interprets critical internal or external business issues and develops innovative solutions that help to sustain competitive advantage (EG responsible for a complete lifecycle of a particular Nokia product and thus using comprehensive analyses to collect information required to its professional management).
• Responsible for alignment amongst sales team and customer on key product priorities (EG selling the product roadmap to the customer).
• Defines processes and standards (EG ensuring Nokia products are always up-to-date, competitive and profitable).
• Uses knowledge on how the job contributes to the corporate goals as well as knowledge of industry and competitive landscape to increase own effectiveness (EG understanding customer requirements and market conditions to draw conclusions on how to increase sales by excellence in customer experience and product competitiveness).
• Influences strategic decisions within professional area that affect the performance of the subfunction (EG influencing decisions regarding the conception of a new products).
• Solves highly complex or novel problems based on sophisticated analytical thought and complex judgment.
• Independently develops concepts to set the professional direction of own organizational unit (EG leading end-to-end product lifecycle management activities).
• Acts as a senior subject matter expert, typically at a global or regional level, in many organizational units the most senior internal expert who serves as best practice / quality resource and is an acknowledged authority both within and outside own organizational unit.
• Often leads functional teams or projects with considerable resource requirements, risk, and complexity, handles day-to-day staff management issues, including resource management and allocation of work.
• Contributes to the effective contribution of key financial KPIs (P&L).

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