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Opportunity in Thomson Reuters for the post of Product Manager

 

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Thomson Reuters is the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. Through its more than 50,000 people across 93 countries, Thomson Reuters delivers this must-have insight to the financial, legal, tax and accounting, scientific, healthcare and media markets, and is powered by the world's most trusted news organization.

Post: Product Manager

Job Description:
The Product Manager is responsible to identify the future roadmap of a product, balancing market opportunity and competitive risks. The primary responsibility is to understand the market and represent these market needs across the organization - typically in the form of product positioning, product features and high level product requirements. The Product Manager is accountable to product ROI and must coordinate a cross-functional team to identify specific investment prioritization recommendations which optimize limited resources to maximize revenue and customer satisfaction. A Product Manager is generally responsible for a functional area over a lifecycle, including recommendations for new products as well as sunset of existing products.
* Encourage sales, customer and prospect feedback. Establish a continuous dialog with customers and others intelligent about the market segment.
* Identify and manage ongoing market and customer analysis to identify and interpret opportunities for and threats to revenue growth
* Monitor all sales, customer and prospect feedback.
* Partner with Market Research/Business Intelligence and Strategic Marketing as appropriate for specific research projects.
* Understand key assets and differentiators of Thomson Reuters in context of industry trends and competitive landscape.
* Recommend and gain consensus on commercial product strategy for specified business solutions, including marketing positioning, product roadmap and pricing strategy
* Includes, if relevant, support in identification of strategic acquisitions where an organic growth strategy is not preferred
* Educate and integrate relevant departments (Prod Dev, Editorial, Marketing, Sales) around go-to-market strategy and product strategy especially product positioning and key user requirements
* Working with marketing, develop general strategies for demand generation, especially during initial launch of new products and solutions.
* Assist, where relevant, with identification of early adopters or development partners
* Prioritize product development investments, across products, value propositions, and customer segments.
* Monitor key indicators of product success (revenue, renewal, customer satisfaction) and conduct product rationalization analysis as needed
* Leverage customer feedback and analysis to direct prioritization of enhancements to support customer satisfaction, increased usage, and other business goals.
* Review or contribute to functional specifications, prototypes and early product versions to ensure ability to meet market goals and obtain customer acceptance.
* Establish and maintain a variety of customer and prospect communication channels to support decisions on strategy and prioritization.

Qualifications
Knowledge, Skills, and Abilities Required:
* Excellent professional experience in product management or product marketing role which includes deep knowledge of the discovery segment of the pharmaceutical industry, especially biology.
* Established relevant relationships in the pharma industry.
* Experience in working with a target market to identify unmet needs to conceptualize and/or validate a net new product offering.
* Depth of understanding around the pharmaceutical industry, in at least one geographical market (EMEA, US, APAC) and relevant functional area.
* Experience in creation of inter-departmental launch plan and/or demand generation techniques for a new product.
* Experience in monitoring commercial success (ROI and customer satisfaction) of a newly launched or established product.
* Experience in working with a team having diverse skill sets.
* Strong facilitation skills.
* Excellent oral and written English communications.
* Well organized and disciplined with regards to policy, procedure and standards.


Additional Information:
Experience: 0-2 yrs
Location: 77 Hatton Garden, London, United Kingdom-London-GB
Education: any
Industry Type: Pharma/ Biotech/Clinical Research
ID: PRO00004397

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