Derek Hoy

Derek Hoy Email and Phone Number

Product Coach @ Principal Financial Group
Derek Hoy's Location
Dallas County, Iowa, United States, United States
Derek Hoy's Contact Details
About Derek Hoy

I'm a passionate customer advocate who loves to understand the problem, collaborate and create solutions others didn't think could exist.Dynamic visionary with 16+ years of experience forging leading-edge solutions across numerous industries and world-class brands, fostering cultures of innovation with bootstrapping attitudes while establishing customer-centric teams and best practices. Leverage entrepreneurship, innovation, growth mindset, and acute awareness of technologies and market trends to confidently lead and prioritize product solutions to drive new company growth. Skilled in identifying market and product opportunities, rallying executive leadership, and building consensus through rapid, evidence-based decision-making to achieve business vision and mission.Areas of Expertise:Lean Startup/Design Thinking, CX/UX/Customer Journey, Agile/Scrum, Jobs-to-be-Done, Market Research/Insights, Innovation Management, Growth Strategy, Entrepreneurship/Startups, Digital Tech (Mobile/Web/SaaS), Hardware/Software Solutions, Go-To-Market Strategy, Team Leadership/Development, Vendor/Partnership Management, Portfolio Management, Program/Project Management.Industry Experience: Agriculture, Consumer Electronics, Consumer Goods, Boatbuilding, Machinery, Manufacturing.

Derek Hoy's Current Company Details
Principal Financial Group

Principal Financial Group

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Product Coach
Derek Hoy Work Experience Details
  • Principal Financial Group
    Product Coach
    Principal Financial Group May 2022 - Present
    Des Moines, Iowa, Us
  • Kreg Tool Company
    Director Of Experience Innovation Lab
    Kreg Tool Company Sep 2018 - May 2022
    Ankeny, Iowa, Us
    Hired to build and lead transformational growth initiative to explore new markets, customers, channels, solutions and business models through hypothesis-driven experimentation, iterative product releases, and validated learning. Cultivated and prioritized business opportunities through market research, empathetic customer interviews, journey mapping and qualitative research. Developed and directed an operational framework and scorecard to prioritize weekly Learning Sprints conducting hundreds of experiments to validate riskiest assumptions of business cases. Synthesized results and rallied executive team toward Minimum Viable Product (MVP) launch.● Navigated ambiguity, built team, user group, established goals, KPIs and methodology to establish company competency while training leadership on best practices in product management, customer research, UX, Jobs to be Done, and Lean Startup.● Incubated and tested three new business models (workshops, ecommerce, and online learning) with startup-like autonomy and a relentless focus on customer needs, a detailed analysis of industry trends and competitive landscape, followed with iterative, lean solutions.● Launched a world class online learning platform (Kreg Academy) with NPS of 70 in four months by leading a cross-functional team with a boot-strapping attitude, managing all aspects of development and launch.● Delivered phased inorganic growth strategy to achieve CAGR goals by collaborating with product management, evaluating portfolio gaps and identifying M&A targets with projected budgets to deliver a holistic product offering over a five-year period.● Delivered over a dozen foundational portfolio views to better understand the business through product roadmaps, performance, risks, opportunities, prioritization, resource allocation and budget to empower leadership with informed decision making.
  • John Deere
    Mobile Shared Services Coordinator | Mobile Project Manager - Intelligent Solutions Group
    John Deere 2016 - 2018
    Delivered and supported 20+ "Go" and "Plus" mobile apps that simplified a traditionally complex and low-tech equipment setup process resulting in time savings and a best-in-class user experience for hundreds of thousands of growers. ● Built a reputation as a reliable mobile app service center for seven business units by synthesizing feature requests, customer needs, writing requirements, prioritizing a backlog, and executing the roadmap while cultivating vendor partnerships and leading 2-4 scrum teams to deliver on time and budget. ● Championed a common app framework, codebase, and content management platform to consolidate development efforts and accelerate department bandwidth while creating a seamless user experience by assimilating stakeholder needs and driving consensus on platform requirements.
  • John Deere
    Technical Product Manager - Intelligent Solutions Group
    John Deere 2014 - 2016
    Generated Real-Time Management roadmap identifying customer needs, prioritizing opportunities, and authoring charters delivering Data Sync, Wireless Data Transfer, Remote Display Access, and apps Operations Center Mobile and MyAnalyzer. Delivered desired customer outcomes by rapidly developing/testing prototypes to validate UX and value prop while managing a lead user group.● Advanced John Deere's market lead in innovative technology solutions by delivering industry first Operations Center Mobile app that generated unprecedented value distilling a paralyzing amount of real-time data into hyper focused actionable insights solving critical real-world use cases for hundreds of thousands of remote growers and managers. ● Set high standard of excellence in the industry with a 4.6 rating in the app store by executing a roadmap leveraging streaming and cloud technology delivering first in class solutions for growers to remotely monitor field progress, machine health, location, job quality in addition to remotely adjusting settings—eventually becoming the platform for the fully autonomous tractor.
  • Hoyboy Llc (Cooler Cannon)
    Founder/Manager
    Hoyboy Llc (Cooler Cannon) 2007 - Jan 2017
    ● Cooler Cannon—Managed and developed patented remote controlled can tossing cooler.● Featured on Tonight Show with Jay Leno, Rachael Ray, CMT, ESPN and Invention Hunters.● Shark Tank finalist (cut before filming).● 30M+ views on Facebook.● BizKids4Hire—Peer to peer marketplace connecting homeowners to local kids for simple jobs.● Startup Mentoring—Tech Stars, West Des Moines Business Incubator, Waukee APEX, Ankeny Orbis, UMKC.
  • Garmin International
    Product Line Manager
    Garmin International 2010 - 2013
    Olathe, Ks, Us
    Orchestrated 65% growth over product lifecycles for a $100M portfolio consisting of displays, autopilots, radars, sonar, media devices, handhelds, apps and watches, while conducting market research, competitive analysis, lifecycle management, positioning, pricing, messaging and go-to-market plans. Drove roadmaps and supporting product proposals defining features, requirements and priorities guiding cross-functional hardware and software teams through development.● Championed a 5yr growth strategy, and roadmap directing 10+ new product proposals worth $350M lifecycle revenue earning seven industry awards for innovation, setting up a seven-year run (and counting) as marine electronics manufacture of the year.● Disrupted the large boat market by launching first in class glass cockpit displays leveraging two strategic partnerships (Volvo-Penta & BEP/CZone) to provide seamless engine and digital switching integration. ● Pioneered innovative sustainable advantages by strategically leveraging Garmin's unique strengths in consumer product technologies in combination with a deep understanding of the holistic customer experience to deliver solutions that solved customer problems in ways our competitors could not touch.● Conceived, proposed, and delivered the marine industry’s first, award winning smart watch (Quatix) by focusing on mobility use cases leveraging wireless technologies to solve customer problems in synergistic ways previously unimagined.
  • Garmin International
    Program Manager
    Garmin International Sep 2008 - Aug 2010
    Olathe, Ks, Us
    Managed business development, integration and delivery of GPS products for strategic marine OEM/ODM partners.• Managed projects with OEM/ODM partners for Volvo, Weatherdock, Kanematsu, and Kenwood• Generated ODM product development proposals and quotes for strategic alliances• Developed feasibility studies, schedules, resource allotment and risk analysis• Led cross functional teams though product development with frequent partner engagement
  • Brunswick Boat Group
    Product Enhancement Manager
    Brunswick Boat Group May 2007 - Sep 2008
    Us
    Implemented 60 product enhancements projects and model year changes on time and under budget by leading cross-functional teams, identifying customer needs and and prioritizing resources.
  • Brunswick Boat Group
    Sr. Electrical Engineer
    Brunswick Boat Group Jul 2005 - May 2007
    Us
    Delivered 10+ electrical designs, while modernizing documentation and training engineers and dealers on best practices.
  • Vermeer Manufacturing
    Systems Engineer
    Vermeer Manufacturing May 2001 - May 2005
    Pella, Ia, Us
    Designed and tested electrical control systems for off-highway equipment.
  • Pella Corporation
    Continuous Improvement Co-Op
    Pella Corporation 1998 - 1999
    Pella, Ia, Us

Derek Hoy Skills

Product Development Product Management New Business Development Cross Functional Team Leadership Product Marketing Continuous Improvement Manufacturing Marketing Strategy Start Ups Process Improvement Strategic Planning Marketing Entrepreneurship Account Management Engineering Management Business Development Business Process Improvement Agile Project Management

Derek Hoy Education Details

  • University Of Missouri-Kansas City
    University Of Missouri-Kansas City
    Entrepreneurship; Marketing
  • Iowa State University
    Iowa State University
    Electrical Engineering

Frequently Asked Questions about Derek Hoy

What company does Derek Hoy work for?

Derek Hoy works for Principal Financial Group

What is Derek Hoy's role at the current company?

Derek Hoy's current role is Product Coach.

What is Derek Hoy's email address?

Derek Hoy's email address is de****@****ail.com

What schools did Derek Hoy attend?

Derek Hoy attended University Of Missouri-Kansas City, Iowa State University.

What skills is Derek Hoy known for?

Derek Hoy has skills like Product Development, Product Management, New Business Development, Cross Functional Team Leadership, Product Marketing, Continuous Improvement, Manufacturing, Marketing Strategy, Start Ups, Process Improvement, Strategic Planning, Marketing.

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