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Senior Director of Innovation
1 month ago
Position Overview:
We are seeking a dynamic and experienced Senior Director of Innovation to spearhead our innovation strategy and drive the development of cutting-edge solutions. The ideal candidate will be a visionary leader with a proven track record of successfully leading innovation initiatives, managing cross-functional teams, and translating creative ideas into tangible business results.
Key Responsibilities:
Strategic Leadership: Develop and implement a comprehensive innovation strategy aligned with the company's goals and objectives. Identify emerging trends, technologies, and opportunities to drive long-term growth and competitive advantage.
Innovation Management: Lead the ideation, development, and execution of innovative projects and initiatives. Establish and manage innovation processes, including idea generation, evaluation, prototyping, and scaling.
Team Leadership: Build, mentor, and lead a high-performing team of innovation professionals. Foster a culture of creativity, collaboration, and continuous improvement.
Cross-Functional Collaboration: Collaborate with various departments, including R&D, marketing, operations, and finance, to ensure alignment and integration of innovation initiatives across the organization.
Stakeholder Engagement: Communicate innovation strategy, progress, and outcomes to key stakeholders, including executive leadership, board members, and external partners.
Market Analysis: Conduct market research and competitive analysis to identify opportunities and threats. Utilize insights to guide innovation efforts and ensure relevance in the market.
Budget Management: Develop and manage the innovation budget. Allocate resources effectively to support project goals and deliver ROI.
Performance Measurement: Establish metrics and KPIs to assess the effectiveness of innovation initiatives. Monitor progress and make data-driven adjustments as needed.
Qualifications:
Bachelor's degree in Business, Engineering, Technology, or a related field; advanced degree (MBA, MSc, etc.) preferred.
10+ years of experience in innovation management, strategic planning, or related roles, with at least 5 years in a leadership capacity.
Proven track record of successfully leading innovation projects and initiatives from concept to execution.
Strong understanding of industry trends, emerging technologies, and market dynamics.
Excellent leadership, communication, and interpersonal skills.
Ability to think strategically and creatively, with a strong focus on results and impact.
Experience managing cross-functional teams and collaborating with senior executives.
