Vice President / President - Hydraulic Cylinders Business

The incoming incumbent Vice President/President of our medium-sized hydraulic cylinder design and manufacturing company in Hyderabad, India has to take full responsibility for the overall strategic direction, operational efficiency, and financial performance of the organization. This includes leading the company towards achieving its transformation goals from Six Decades of Legacy Performance & Culture”, awakening it and bringing it to current performance indices, moulding & mentoring young talent for driving growth, removing red tape, bringing in accountability & transparency, instilling pride in the young individuals & teams at all levels, formulating and ensuring profitability while maintaining quality standards and customer satisfaction, benchmarking with the best in the world.

Here's a more detailed breakdown of the responsibilities and expected focus areas in a little more detail:

Strategic Leadership:

Defining Vision and Strategy:

Setting the long-term vision for the company, with involvement of all major stakeholders, developing strategic plans, and aligning all departments towards achieving these goals in a realistic quantified time bound program and duration.

Market Analysis and Opportunity Identification:

Taking in factual data on current market trends, customer needs, and competitive landscape to identify the existing niche and new opportunities available to plan for growth and innovation for both domestic and export markets.

Overseeing Product Development:

Guiding the development of new and improved hydraulic cylinder designs, ensuring they meet market demands and quality standards as also initiate re-engineering and perform Value Engineering on all current product portfolio of Cylinders to provide best value for customers for and in their applications & end products.

Building and Leading the Team:

Hiring, mentoring, and developing a high-performing young team across all departments, lowering the Average Age of each department and the Division itself, fostering a culture of collaboration and accountability as also creating a second line of leadership in each area of operations under a succession planning program.

Representing the Company:

Acting as the primary spokesperson for the company, building relationships with key stakeholders, including customers, suppliers, and industry partners and affiliated technology forums.

Operational Management:

Ensuring Operational Efficiency:

Overseeing all aspects of the company's operations, including design, manufacturing, supply chain management, marketing, and quality control.

Managing Financial Performance:

Monitoring financial performance, planning & managing budgets, and ensuring profitability, excelling benchmarked peer group standards.

Understanding Technical Requirements:

Possessing a strong understanding of hydraulic cylinder design principles, materials, manufacturing processes, Product Applications in Industrial, Mobile, Defence & Special Equipment and market segments.

Ensuring Compliance:

Ensuring the company's Cylinder products comply with relevant industry standards and regulations.

Implementing and Maintaining Quality Standards:

Establishing and enforcing quality control processes throughout the design and manufacturing processes to ensure products meet customer requirements and industry standards as applicable, including and not limited to IATF 16949, ISO 9001, ISO 14000 and other relevant Standards.

Further, specifically, taking up as a challenge and driving the company to achieve a TQM Certification over a predefined timeline.

Optimizing Production Processes:

Identifying areas for improvement in production efficiency, reducing costs, and maximizing output and in particular reducing operator dependence through Semi/Full Automation & Simple Cost-Efficient Solutions, specific to the components and the manufacturing lines.

Managing Supply Chain:

Ensuring a reliable and cost-effective supply chain for raw materials and components from Indian and International Sources to be cost efficient and driving down input costs overall and reduce costs of holding high Inventory by implementation of Just in Time Supply Principles and Solutions.

Sales and Marketing:

Driving Sales Growth:

Developing and implementing sales strategies to achieve revenue targets and expand market share through ethical business practices as also acute market intelligence, meeting the Budgeted Financial Goals.

Managing Customer Relationships:

Ensuring high levels of customer satisfaction and building strong, long-term relationships with Customers whose “Value Systems Mirror Ours”.

Overseeing Marketing Activities:

Developing and executing marketing campaigns to promote the company's products and services to regain lost market share and position, in chosen verticals/segments and applications.

Staying Updated on Technology:

Role & responsibilities

Preferred candidate profile

Age: 35 42 years

Gender: Female / Male

Place: Patancheru, Hyderabad.

Qualifications: MBA / An Undergraduate in Science or Technical Schools with A Post Graduation in Management majoring in Finance, Marketing & Strategy.

Experience: 10 years in a similar business with a leadership role & responsibility in Hydraulic cylinders or components & Systems Industry, Mobile/Industrial Machinery Manufacturing Businesses that utilise Hydraulic Components & Power Systems, or Automotive & High Precession Components Manufacturing Businesses.

CTC/Year: 25 to 36 Lacs/Year. Alternatively, or Additionally, Specific Performance Contracts and/or Bonuses based on Achievement Commitments under an agreed time frame are also on offer for anyone willing to take up serious turnaround challenges.

Concisely: