Vidya Shankar

About Vidya Shankar

Executive who uses strategic business planning and continuous process improvement to drive growth, increase profitability, and develop and retain talent. Excels in communicating common goals and mission to achieve organizational alignment and operational excellence. Collaborates to identify low cost solutions. Utilizes knowledge of market requirements to find opportunities to grow. Experienced in P&L management, sales & proposal development, client management, project & program management, engineering, and new product development. Key accomplishments include:• Improved overall profitability by 5%-10%• Created and implemented a 3-5-year business plan with targeted growth opportunities• Expanded business into new regions• Developed 3-new products along with marketing plans• Negotiated a frame agreement with a key client for supply of equipment• Reduced cost of products through value engineering initiatives• Improved cash flow by implementing a stage-gate governance process• Let the HSE and Quality local management teams and promoted Safety & Quality first mindset• Developed employees to realize their full potential - 98% employee retentionCompetencies: General Management, Operational Excellence, Operations Management, Product Development, Systems Engineering, Design Engineering, Product Development, Project Management, Client Management, Communicating, Strategic Business Planning, Budgeting, P&L Management, Proposal Development, Market Analysis, Continuous Improvement, Organizational Planning, Change Management, Program Management

Experience

1. Director of Engineering

   Oceaneering

   Feb 2024 — Present · Hanover, MD, US

Education

• The University of Akron

  Master of Science - MS, Mechanical Engineering

• Bangalore University

  Bachelor of Engineering - BE, Mechanical Engineering

• Rice University

  Master of Business Administration (MBA)

• The University of Akron

  Doctor of Philosophy - PhD, Mechanical Engineering