Product Innovation Manager
1 week ago
In our office we have some of the coolest employees to work with, we have 35 employees in our Englewood, Colorado location. You will have an opportunity to have fun with and collaborate daily We are looking for local candidates only.
If you have Project Management and Product Development skills and want to grow with us, then look no further and review the skills below and apply today
We are seeking a dynamic and creative Product Innovation Manager to lead our product innovation initiatives for two CBD brands in our office in Englewood, Colorado. The successful candidate will play a pivotal role in driving product innovation, renovation, and the development of new product categories from ideation to commercialization. This position requires close collaboration with cross-functional teams, including Sales, Marketing, Operations, SEO, Purchasing, Production, Design, and Compliance, to bring innovative CBD products to market.
Roles and Responsibilities:
- Product Innovation Strategy:
- Develop and execute a product innovation strategy that aligns with the company's business objectives and market trends.
- Identify and prioritize innovative product opportunities, including new product categories, improvements to existing products, and novel features.
- Ideation and Concept Development:
- Lead brainstorming sessions and idea-generation workshops to foster a culture of innovation within the organization.
- Work closely with cross-functional teams to transform ideas into well-defined product concepts.
- Stage-Gate Process:
- Implement and manage a stage gate process for product development, from concept through to commercialization.
- Ensure rigorous evaluation and testing of product concepts at each stage to mitigate risks and optimize resource allocation.
- Cross-Functional Collaboration:
- Collaborate with Sales and Marketing to understand market needs, consumer preferences, and competitive landscape.
- Work with Operations, Purchasing, and Production to develop cost-effective production strategies.
- Coordinate with Design and Compliance teams to ensure product aesthetics and regulatory compliance.
- Project Management:
- Lead cross-functional project teams, providing clear direction, timelines, and objectives.
- Monitor project progress, identify potential roadblocks, and implement solutions to ensure project milestones are met.
- Market Research and Trends:
- Stay informed about industry trends, consumer behavior, and emerging technologies related to CBD products.
- Conduct market research and competitive analysis to identify opportunities for innovation.
Qualifications and Requirements:
- Bachelor's degree in business, marketing, product management, or a related field; MBA or relevant postgraduate degree is a plus.
- Proven experience in product innovation and development, preferably in the consumer packaged goods (CPG) industry or related sectors.
- A strong understanding of the CBD market and regulatory landscape is highly desirable.
- 5 years of experience in the cannabis sector required.
Project management skills, with the ability to lead cross-functional teams and manage projects. We are looking for;
- Excellent communication and interpersonal skills.
- Creative thinking and problem-solving abilities to drive innovation.
- Analytical skills to assess market data, consumer insights, and project performance.
- Self-motivated, results-driven, and adaptable to a fast-paced and fun environment.
Salary range - $105k
If you are a forward-thinking and experienced Product Innovation Manager with a passion for bringing innovative CBD products to market, and you thrive in a collaborative and dynamic environment, we encourage you to apply for this exciting opportunity to shape the future of our two CBD brands through innovation and creativity.
JOB CODE: 660599Apply for this position
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