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Expertise spans product management, product development/innovation and product marketing. Passionate about leading teams and applying a customer perspective to achieve business goals by fulfilling market needs.Products have included B2C and B2B websites and apps, including enterprise web-based software, plus service products beyond technology. Adept at overall product portfolio management as well as user experience.Able to scale to any needs, gained from experience ranging from Start-ups to Fortune 100 companies across technology, financial services and healthcare industries (e.g., Microsoft, Schwab and Blue Shield).Specialties:+ product management + product development + innovation+ strategy + product vision + product roadmap + portfolio management + customer needs + user experience + market research + product marketing + go-to-market + competitive positioning+ team leadership + management + coaching + training+ partnerships + collaboration + cross-functional + process reengineering+ data-driven decisions + KPIs/metrics + analysis + prioritization + product development lifecycle + agile + user stories + prototypesCharacteristics:• Results Focused: I strive to accomplish goals in a timely manner, by translating strategy into an action plan, ensuring that activities and deliverables are driving to desired outcomes, and overcoming obstacles (conveying urgency without panic).• Motivational Leadership: I generate enthusiasm for a shared vision, contribute to organizational culture, and help people grow via effective delegation.• Collaborative Partnerships: I diplomatically build cross-functional relationships to allow the organization to smoothly work together on strategic priorities, using negotiation and conflict resolution skills when needed.• Customer Empathy: I am customer-centric, and aim to build solutions that delight. I ask clients and users probing “why” questions and actively listen to understand their underlying problems and needs. I observe how the product fits into a broader end-to-end experience.• Data-driven Insights: I apply analytical strengths to derive insights and creative problem-solving to drive innovation. I advocate for continuous learning and improvement via experiments (mitigated risk-taking), A/B testing and prototypes for usability testing.• Strategic Vision: I use a transparent approach to craft a product vision and prioritize the roadmap, linked to business strategy and the value of customer problems to be solved.Reach me via LinkedIn messaging or at formanek.product@gmail.com
Launch By Ntt Data
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Senior Director Of Product ManagementLaunch By Ntt DataLos Angeles, Ca, Us -
Senior Director Of Product ManagementLaunch By Ntt Data Dec 2021 - Present -
Product Management ConsultantFull Spectrum Product Management Consulting Oct 2019 - PresentDepending on whether clients need to start, grow, improve and/or augment the product management team, services offered include: Ownership of the success of a product portfolio. Identification of opportunities to solve customer problems. Forming collaborative partnerships to deliver solutions. Continuously innovating to differentiate product from competitors. Carrying strategic vision through roadmap and requirements decisions to launch. Ultimately satisfying market needs in order to achieve company goals.Specific services offered:• Lead the end-to-end product lifecycle: vision and strategy that accomplish goals, roadmap, requirements definition, pricing, positioning, launch and continual metrics• Drive innovation. Identify and assess opportunities. When warranted, create succinct business case including forecasted revenue. Prioritize by making data-driven decisions.• Understand customer needs/problems by segment (through direct meetings, observation, support monitoring, surveys, focus groups) and translate into requirements/solutions. Ensure optimal customer experience.• Know trends through market research and analysis. Leverage models from across industries.• Assess competition to position/differentiate products for each market segment and to anticipate potential competitive scenarios.• Translate product strategy into prioritized features. Oversee documentation of use cases and user stories.• Develop product marketing strategy and value proposition; communicate value, features and benefits; train Sales.• Lead a team of product managers and product/UX designers to collective success. Hire, train, coach, mentor, assess performance, promote. Manage team productivity and effectiveness, including through resource allocation and process improvements.• Build and maintain collaborative partnerships. Facilitate, influence, negotiate and evangelize as appropriate. -
Product Management ConsultantMymedicarebot Feb 2020 - Dec 2021Served as Vice President, Product Management & Client Success for a portion of my tenure at this 19-person start-up. I oversaw the product development lifecycle, with particular emphasis on Business Intelligence solutions. I managed the Product Roadmap and prioritization to ensure resources were effectively utilized for the development and delivery of new product and service offerings. I also helped the organization adopt agile product development methodologies and processes to improve its ability to scale to support multiple regional and Fortune 100 clients.Specific responsibilities included business case development, product strategy, use case definition, agile requirements documentation, operations integration, client deployment, product marketing, and process improvement. I also supported growth of the brand and the culture. -
Senior Director, Product ManagementConifer Health Solutions Feb 2016 - Oct 2019I led a team to develop and continuously innovate products. I spent time with clients and end users to identify opportunities to solve customer problems. I also strengthened the organization’s product management capabilities, including launching a product advisory board, defining processes and metrics, championing user experience, and enhancing team culture. I covered the entire product lifecycle, starting with a roadmap tied to business strategy and market analysis, carrying the vision through agile development and market launch—ensuring success by sales and implementation teams and ultimately clients. -
Director Of Product ManagementConifer Health Solutions Aug 2015 - Feb 2016 -
Director Of Product ManagementConnecture (Originally Drx/Destinationrx) Nov 2013 - Aug 2015For a technology company, I was responsible for the success of a portfolio of web-based and mobile products for enterprise users, small businesses and consumers. I led a team to balance client needs, user experience and corporate goals. Scope spanned the full product development life cycle from strategy and roadmap through launch and subsequent analytics. -
Senior Product ManagerConnecture Oct 2011 - Nov 2013 -
Product ManagerConnecture Mar 2011 - Oct 2011 -
Product ManagerBlue Shield Of California Mar 2007 - Mar 2011I was accountable for all product development and portfolio management for Blue Shield’s Individual and Family line of business. - Continuously optimized the portfolio to maximize sales, retention, revenue and profitability. - Planned long-term roadmaps and strategies to support business unit goals.- Developed unique products that reversed a multi-year trend of declining membership. I led a team of direct reports and large cross-functional teams. Often reporting to VP of Individual & Small Group Markets, I regularly interacted with business unit CEO and senior leadership team. -
Assistant Implementation ManagerBlue Shield Of California Apr 2006 - Sep 2007 -
Senior Product Marketing Manager / Project ManagerCharles Schwab 2003 - 2005As a consultant at Schwab and Visa, I:- Managed fast-paced projects for web-based tool as well as collateral.- Defined business requirements and functional specifications for online initiatives.- Worked directly with Executive and Senior VPs on strategies and best practices.- Guided agency and vendor implementation after developing marketing programs.
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Frequently Asked Questions about Dan Formanek
What company does Dan Formanek work for?
Dan Formanek works for Launch By Ntt Data
What is Dan Formanek's role at the current company?
Dan Formanek's current role is Senior Director of Product Management.
What is Dan Formanek's email address?
Dan Formanek's email address is da****@****lth.com
What is Dan Formanek's direct phone number?
Dan Formanek's direct phone number is +197233*****
What schools did Dan Formanek attend?
Dan Formanek attended The University Of Texas At Austin.
What skills is Dan Formanek known for?
Dan Formanek has skills like Product Management, Strategy, Product Marketing, Product Development, Leadership, Competitive Analysis, Business Strategy, Strategic Planning, Analytics, User Experience, User Experience Design, Solution Selling.
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