Director of Strategic Innovation
2 months ago
Company Overview:
Our client is a prominent manufacturing firm collaborating with leading Fortune 500 companies and well-known consumer brands to create successful products. They are in search of a forward-thinking Senior Director of Innovation.
Role Overview:
The Senior Director of Innovation will oversee a vibrant technical team focused on enhancing the use of confectionary-based forms within the Over the Counter (OTC) sector. This position is pivotal in spearheading innovation to secure a competitive edge in a swiftly changing market environment.
What This Role Provides:
- A competitive compensation package, including bonuses and a comprehensive benefits plan (medical, dental, vision), along with a 401(K) match.
- A workplace culture that promotes high employee retention and minimizes bureaucratic obstacles.
- Strong financial stability, with the company maintaining a substantial market presence.
- A focus on innovation, with dedicated resources for new product development and support for existing brands.
- Significant autonomy, enabling you to influence your career path.
Key Responsibilities:
- Work closely with the Commercial team to establish the strategic direction and pipeline for a valuable OTC product portfolio.
- Lead the integrated Research & Development (R&D) and analytical laboratory teams to create and deliver a range of monograph/New Drug Application (NDA) products.
- Guide the product and analytical development journey from concept to market launch, collaborating cross-functionally with sales, marketing, and operations teams.
- Partner with Value Stream Leaders to effectively scale and commercialize products, ensuring that essential design criteria are fulfilled.
- Proactively manage the portfolio/projects, documenting development activities, mitigating risks, and making key decisions in conjunction with executive leadership.
- Enhance and oversee the product development process to promote efficiency and compliance.
- Establish and implement best-in-class tools, techniques, and methodologies to boost technical efficiency.
- Cultivate a culture of innovation and teamwork across various product teams and functional divisions.
- Provide leadership at both the site and company levels by engaging in key initiatives and driving organizational goals.
Qualifications:
- Ph.D. in a relevant scientific discipline (e.g., chemistry, chemical engineering, pharmaceutical sciences).
- Over 15 years of experience in Research & Development, with substantial expertise in the development and commercialization of both oral monograph and NDA drug products.
- More than 10 years of progressive leadership and management experience.
- Extensive experience in OTC product development, particularly in 505.B.2/NDAs & monograph drugs in the US.
- An entrepreneurial mindset with a strong sense of ownership to maximize business value.
- Demonstrated ability to effectively engage and drive action with senior leaders both internally and externally.
- Exceptional communication skills, capable of representing the company and its products effectively with major CPG/pharma/retail clients.
- Strong analytical abilities and business acumen to foster innovation and tackle challenges efficiently.
- Proven capability to lead and mentor cross-functional teams, promoting a culture of continuous improvement.
- Proficiency in Microsoft Office suite and other relevant software applications.
About Blue Signal:
Blue Signal is an award-winning executive search firm with a strong history of placing top talent in the manufacturing and industrial sectors, specializing in roles related to manufacturing leadership, engineering, supply chain, and logistics.
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