The Industrial Components Division of the Industrial Powertrain Solutions (IPS) Segment is seeking an experienced Project Manager with a mechanical engineering background to focus on New Product Development (NPD) projects. This role provides the opportunity to manage projects and gain diverse exposure to differing aspects of the business, products, strategic initiatives, leadership, and teams. In this role you would support the highest priority, most complex, largest revenue impact projects within the division or the segment. The NPD environment is highly collaborative and requires a high energy, driven, assertive communicator with a strong sense of urgency. Project work is dynamic, product launch scale is large, and experience with highly engineered products in a global manufacturing environment is a plus.
Key Responsibilities Manage 2-5 large and complex global NPD Projects through the entire NPD lifecycle (market/customer analysis, feasibility/business case, development, product/market launch, and measure commercial success) while managing to a structured NPD Stage Gate Process. NPD projects range from pure mechanical, new technology development, digitally connected, service, or a hybrid of the above. Projects outside of NPD occur and can include strategic initiatives, major cost saves, product line simplifications. Identify, align, and manage the cross functional team and work status when teams are separated across multiple regions.Leverage highly developed planning and organizational skills to assign individual responsibilities, develop and monitor scope, budget, resources, schedules, and risk mitigation plans to deliver committed milestones.Guide teams to meet Stage Gate Exit commitment dates while ensuring adherence to Gate Exit Process, deliverable completion, and Gate Exit approval thresholds.Actively communicate and mitigate issues before they impact the project. Protect the critical path and when necessary, escalate with urgency to remove obstacles, evaluate move forward options using opportunity cost and business metrics, and lead the corrective actions.Accountable for projects success and budgets while being the single point of contact within the business for the project.Develop and manage the overall project work breakdown structure and integrated master schedule to deliver projects on time, within budget and to scope.Develop critical path analysis and identify means to accelerate timelines, reduce cost, and/or mitigate risk.Assertive leadership for countermeasure plans to course correct off-track projects (schedule, budget, resources, scope)Learn, practice and coach the application of the CFI (Customer Focused Innovation) Process to prepare detailed project plans, facilitate team meetings, Gate Exit Decisions and communicate project status to all levels of the org.An expert of indirect people management that provides a vision of success that motivates the team while working across departments to achieve common goals.Challenges traditional methods of thinking to ensure the work is always structed in the most effective manner to achieve project goalsControls project work to align with the approved project scope, budget, and schedule.Designs and deploys Visual Management to track project status and key metrics. Utilizes multiple levels of planning and management tools to reinforce accountability and clarify individual ownership.Ability to independently manage projects with the discipline to consistently focus on top priorities.Support the development of Project Management Best Practices, process, and continuous improvement initiatives.PROFESSIONAL EXPERIENCE/QUALIFICATIONS
Bachelor's degree in Engineering (mechanical or similar discipline). MBA preferred.3 to 5+ years of project management for complex, cross functional and multi-site teams in a manufacturing environment.Excellent verbal and written communication skill.Experience working closely with product management and/or strategic marketing during the early initiation of the project including market analysis, customer VOC, creation of customer requirements, marketing requirements document, feasibility analysis, and the business case, preferred.Must be results driven and willing to operate in an environment of conflicting priorities and compressed timelines.PMP Certification with Project Management Institute (PMI), preferred.Ability to apply financial and business acumen to daily decisions required.Experience with schedule tool MS Project (and others), proficient with the MS Office package.Experience with APQP, Design for Lean Six Sigma, waterfall and/or agile project management.Strong written and verbal communication skillsAbility to travel up to 25% of the time Interpersonal/Leadership Skills Ability to influence in a matrix management environmentExperience in leading, supervising, and/or mentoring othersEmbrace and lead with Regal Rexnord ValuesAbout Regal Rexnord Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
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