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Product Strategy Director Jobs in Indiana (NOW HIRING)

Product Management Director

Indianapolis, IN · Hybrid

$222.70K - $233.20K/yr

Supports the development of short- and long-term strategic product plans in support of market ... Director Equivalent Workshift: Job Family: MKT > Product, Prog/Proj & Support Please be advised ...

Director, Product Management

Muncie, IN · On-site

$216.20K - $226.40K/yr

First Merchants Bank is seeking a Director, Product Management to join our team ... This position will lead the strategy, development, and performance of the product portfolio for the ...

Director, Product Management

Munster, IN

$227.40K - $238.10K/yr

First Merchants Bank is seeking a Director, Product Management to join our team ... This position will lead the strategy, development, and performance of the product portfolio for the ...

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Product Strategy Director information

See Indiana salary details

$96.6K

$176.8K

$272.1K

How much do product strategy director jobs pay per year?

As of May 28, 2026, the average yearly pay for product strategy director in Indiana is $176,798.00, according to ZipRecruiter salary data. Most workers in this role earn between $144,600.00 and $198,900.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Product Strategy Director, and why are they important?

To thrive as a Product Strategy Director, you need deep expertise in market analysis, product lifecycle management, and strategic planning, often supported by an MBA or relevant business degree. Familiarity with product management software, data analytics platforms, and financial modeling tools is essential. Strong leadership, communication, and cross-functional collaboration skills distinguish top performers in this role. These competencies are crucial for driving product vision, aligning teams, and ensuring the successful execution of business objectives.

How does a Product Strategy Director typically collaborate with cross-functional teams throughout the product lifecycle?

A Product Strategy Director works closely with cross-functional teams such as product management, engineering, marketing, sales, and customer support to ensure that product initiatives align with the organization's strategic goals. They facilitate regular meetings, align team objectives, and often act as a bridge between executive leadership and operational teams. By providing clear strategic direction and gathering feedback from various stakeholders, they help identify market opportunities and potential challenges early. This collaborative approach enables agile decision-making and ensures that the product vision is consistently executed across all departments.

What does a Product Strategy Director do?

A Product Strategy Director is responsible for defining and guiding the long-term direction and vision of a company's product offerings. They analyze market trends, customer needs, and competitive landscapes to develop strategies that ensure product growth and profitability. This role involves close collaboration with cross-functional teams, including product management, marketing, and engineering, to align product goals with business objectives. They also monitor product performance and adjust strategies as needed to achieve organizational success.

What is the difference between Product Strategy Director vs Product Manager?

AspectProduct Strategy DirectorProduct Manager
ResponsibilitiesDefines long-term product vision, strategic planning, and high-level roadmapsManages product development, feature prioritization, and day-to-day execution
Required SkillsStrategic thinking, leadership, market analysisProject management, user research, cross-functional collaboration
Work EnvironmentSenior leadership teams, cross-departmental strategy sessionsDevelopment teams, design, marketing, and customer support

The Product Strategy Director focuses on setting the overall product vision and strategic direction, working closely with executive leadership. In contrast, the Product Manager handles the tactical execution, managing product development cycles and ensuring features meet customer needs. Both roles require strong communication skills and industry knowledge, but the Strategy Director operates at a higher, more strategic level.

What are the most commonly searched types of Product Strategy jobs in Indiana? The most popular types of Product Strategy jobs in Indiana are:
What are popular job titles related to Product Strategy Director jobs in Indiana? For Product Strategy Director jobs in Indiana, the most frequently searched job titles are:
What cities in Indiana are hiring for Product Strategy Director jobs? Cities in Indiana with the most Product Strategy Director job openings:

Director, Product Innovation & Strategy

Knauf Insulation

Shelbyville, IN • On-site

$222.20K - $232.70K/yr

Full-time

This job post has expired today. Applications are no longer accepted.


Knauf Insulation rating

8.8

Company rating: 8.8 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

Overview

About the Role:

The Director, Product Innovation and Strategy provides visionary leadership and strategic direction to define, build, and scale Knauf's product and innovation agenda across North America. This leader is responsible for shaping the long-term product innovation strategy that drives profitable growth, market differentiation, and customer-centric solutions across channels and segments.  The position will connect global strategy to local execution, influence overall commercialization priorities, identify breakthrough growth opportunities, and create business cases that align customer insights, technology trends, and manufacturing capabilities into sustainable, margin-accretive solutions aligned to company strategies and priorities.

Responsibilities

Product Management

  • Through a deep understanding of the go-to market opportunities and business requirements, translates these needs and through processes, ensures the most cost effective, dependable solution is provided.
  • Establishes a world-class product management framework aligned with strategic priorities, emphasizing portfolio discipline, pricing excellence, and lifecycle optimization.
  • Brings new products to market by analyzing proposed product requirements and product development programs, preparing ROI analysis, creating business case and comprehensive plan.
  • Drives stage-gate governance, SKU rationalization, and lifecycle management to ensure resources are invested in the highest-value opportunities.
  • Optimizes product line offerings by redesigning processes from manufacture to field applications.
  • Manages profitable SKU mix to include: recommending the mix and scope of present and future product lines by reviewing product specifications and technical requirements, appraising new product ideas, developing product roadmaps, and competitive offering reviews.
  • Partners with commercial, manufacturing, and supply chain teams to connect innovation to operational efficiency, digital enablement, and channel growth.
  • Ensures regular product comparison audits are completed.

Product Innovation

  • Creates a high-performance innovation engine that links market and customer needs to product roadmaps, leveraging building science, sustainability, and advanced materials expertise.
  • Fosters an innovative mindset that allows for new methods, while keeping safety as the number one priority.
  • Develops new products across multiple product categories and throughout all phases of product development, including ideation and scoping, manufacturing, validation, and launch, while considering important technical and sustainability issues.
  • Partners cross-functionally with Building Science, Global Product Management, and Centers of Excellence to deliver innovations that advance Knauf's sustainability and circularity goals.
  • Helps identify, develop, test, and commercialize products in new or existing market segments. Owns the product strategy for our light commercial, residential, commercial, and industrial markets.
  • Integrates voice-of-customer insights and competitive intelligence to prioritize innovation pipelines with measurable ROI, margin expansion, and strategic fit.

Strategic Product Planning

  • In partnership with internal stakeholders, drives sustained revenue, market share and margin growth through development and implementation of effective annual and multi-year strategies.
  • Leads the annual long-range product and innovation strategy, linking global and regional priorities into actionable investment roadmaps.
  • Establishes portfolio strategies that balance core product stewardship with breakthrough innovation and diversification into adjacent categories.
  • Develops improved positioning of the company's products through sound business case, value proposition and marketing strategy.
  • Effectively translates business strategies into product strategies, winning roadmaps and product specifications that meet revenue, profitability and customer satisfaction goals.
  • Manages cross-functionally to deliver programs on-time and at-cost.
  • Shapes and communicates the product vision enterprise-wide, ensuring that innovation is measurable, repeatable, and customer-led.
  • Drives gathering of local market intelligence for major product and customer segments; understand winning models and anticipate market moves that could create an advantage.
  • Responsible for product line performance of current and new products, with targets on orders, revenue, costs and margin.
  • Leads product portfolio reviews to drive data-backed decisions, balancing growth, margin, and customer objectives.

Analytics, Insights and Opportunity Prioritization

  • Oversees conceptual studies and market research; generates design concepts for new product ideas and enhancements to existing products.
  • Leverages data analytics, AI-enabled market sensing, and digital dashboards to guide strategic decision-making and innovation prioritization.
  • Proactively engages internal and external organizations and resources for product solutions, suggestions, and ideas.
  • Provides a focal point where new ideas may be directed to determine feasibility.
  • Interfaces with engineering and technical teams to determine feasibility, cost, and development estimates for generating ROI analysis.
  • Anticipates market shifts and emerging technologies, building adaptive product strategies that support long-term growth.
  • Translates complex data and trends into actionable business insights that inform portfolio and investment decisions.
  • Solves complex problems using structured analysis, collaboration, and sound judgment.
  • Balances long-term innovation objectives with near-term business results, applying analytical rigor to decision-making.
  • Utilizes primary and secondary research to validate hypothesis and business case assumptions.
  • Measures Portfolio Performance and identify fast and slow movers by sector and customer.
  • Establishes KPI frameworks to measure innovation throughput, time-to-market, customer adoption, and profitability.

Financial and Technical Application

  • Ability to collect, analyze and interpret data from financial systems, as well as the ability to create a business case for new markets, products or programs.
  • Builds comprehensive project scope, costs and financial model for new product development.
  • Analyzes and applies pricing leverage strategies to enhance financial outcomes and competitive positioning.
  • Responsible for budgetary compliance and profit volume.
  • Works closely with Director of Pricing and Sales Leadership to create effective and competitive pricing strategies.
  • Champions disciplined investment governance ensuring capital allocation to innovation projects meets ROI and payback thresholds while supporting Knauf's growth and sustainability goals.
  • Leverages deep technical and commercial fluency to translate complex product data into clear financial outcomes.

Business Insight

  • Understands our existing business and makes decisions to navigate it successfully.
  • Navigates complex business environments and creates strategies to reach company goals. Envisions future scenarios, evaluates competitive advantages, and makes decisions that align with the company's overall objectives. Prioritizes and adapts to meet goals and execute strategic action plans.
  • Gathers, collects, analyzes data, forms connections, and makes decisions. Sees problems or scenarios from different perspectives to better devise strategies to deal with these situations or issues.
  • Guides team, making pivotal decisions, and fosters a productive work environment. Inspires and motivates employees and ensures team members achieve their goals.
  • Articulates ideas, collaborates with stakeholders, and facilitates clear and concise exchanges of information. Builds relationships, manages conflicts, and ensures that all team members are aligned with the business's goals.
  • Brings proven leadership experience from industrial technology and building materials sectors driving innovation cultures.
  • Oversees P&L requirements for product management and innovation.

People, Culture, and Collaboration

  • Builds a culture of trust, inclusion, and accountability that supports collaboration and high performance.
  • Creates psychological safety, encouraging open dialogue, diverse thinking, and responsible risk-taking.
  • Drives engagement by linking individual and team goals to organizational purpose and recognizing contributions.
  • Manages team dynamics, provides feedback, and supports professional development and succession planning.
  • Acts as a change leader, fostering collaboration across functions and geographies to achieve transformation goals.
  • Represents Knauf externally as a champion of innovation, partnership, and sustainability in industry forums and events.
  • Identifies, leads and develops talent to maximize individual, team and organizational effectiveness in meeting company goals.
  • Builds and mentors a diverse, high-performing product and innovation team capable of scaling world-class product management capabilities.
  • Promotes cross-functional collaboration, agility, and accountability creating a "One Knauf" culture that unites innovation, commercial, and operational excellence.
  • Drives the highest levels of employee retention and engagement to ensure a sustainable workforce.
  • Fosters a culture of innovation, collaboration, and accountability within the organization.
  • Instills an environment of inclusion, where all employees feel that they can contribute and impact the company in a positive manner.
Qualifications

Education: 

  • Bachelor's degree in Engineering, Materials Science, or a related technical discipline required.
  • Advanced degree (MBA or equivalent) preferred.
  • Executive education or certification in Product Strategy, Innovation, or Business Leadership desirable.

 

Experience: 

  • Minimum 10 years of progressive experience in product management, marketing within manufacturing, building materials, or related sectors.
  • Experience in the building and construction industry and/or insulation industry preferred.
  • Proven success leading product strategy, innovation, and transformation across complex, cross-functional organizations.
  • Demonstrated achievement in portfolio management, SKU rationalization, new product development (NPD), and market segmentation, with measurable results.
  • Experience partnering across CoEs, global teams, and customers to drive business alignment.
  • Skilled in financial governance, including ROI analysis, capital allocation, and investment prioritization.
  • Proven track record of linking digital enablement, sustainability, and innovation into a cohesive commercial strategy.
  • Familiar with application engineering or technical sales principles.
  • Effective negotiation, presentation, and communication skills with executive and cross-functional audiences.
  • Proficiency in Microsoft Office and digital tools including CRM, PLM, ERP, and analytics platforms (e.g., Salesforce).

Knowledge, Skills, and Abilities:

 

Leadership and Emotional Intelligence 

  • Demonstrates self-awareness, empathy, and active listening to foster collaboration and trust.
  • Practices self-regulation and clear communication, maintaining professionalism under pressure.
  • Skilled in team building, conflict resolution, and feedback delivery, promoting accountability and growth.
  • Encourages creativity and learning within a culture of respect and inclusion.

Strategic and Analytical Skills

  • Strong strategic and financial acumen, linking innovation and market performance to business outcomes.
  • Advanced problem-solving and analytical reasoning, using data to drive prioritization and decision-making.
  • Proactive in identifying opportunities for improvement, efficiency, and scalability.

Industry and Technical Knowledge

  • Understanding of building and construction practices, insulation manufacturing processes, and technical design principles.
  • Knowledge of industry codes, standards, and adoption cycles shaping market opportunities.
  • Familiarity with design techniques, tools, and principles used for technical plans, blueprints, drawings, and models.

 

Communication and Collaboration

  • Communicates effectively across all organizational levels and geographies.
  • Builds consensus and negotiates effectively among diverse stakeholders.
  • Skilled in cross-functional collaboration.
  • Operates comfortably in both industrial and corporate settings, bridging strategy and execution.

Digital and Operational Competence

  • High digital literacy, leveraging analytics, AI, and visualization tools to enhance innovation outcomes.
  • Results-driven and proactive, demonstrating ownership and execution discipline.
  • Embodies Knauf leadership principles through collaboration, accountability, and continuous improvement.

It is the policy of Knauf Insulation to provide equal employment opportunities to all qualified persons without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, protected veteran status or any other protected characteristic prohibited by applicable law.

Employment Type: FULL_TIME