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Vice President of Product Innovation
2 months ago
Company Overview:
Our client is a prominent manufacturing organization that collaborates with leading Fortune 500 companies and well-known 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 products within the Over the Counter (OTC) sector. This position is pivotal in driving innovation to secure a competitive edge in a swiftly changing market environment.
What This Position Offers:
- A competitive compensation package, including bonuses and comprehensive benefits (medical, dental, vision), along with a 401(K) matching program.
- A workplace culture that emphasizes high employee retention and minimal bureaucratic obstacles.
- Strong financial stability, with the company holding a substantial market presence.
- A dedication to innovation, with resources allocated for new product development and support for existing brands.
- Exceptional autonomy, empowering you to influence your career path.
Key Responsibilities:
- Work closely with the Commercial team to establish the strategic roadmap and pipeline for a high-value OTC product portfolio.
- Lead the integrated Research & Development (R&D) and analytical laboratory teams to define and deliver a range of monograph/New Drug Application (NDA) products.
- Steer the product and analytical development process from conception 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 key design criteria are satisfied.
- Manage the portfolio/projects actively, documenting development activities, assessing risks, and making critical decisions 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 collaboration across various product teams and functional areas.
- Provide leadership at the site and company level 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 a strong background in developing and commercializing both oral monograph and NDA drug products.
- More than 10 years of progressive leadership and management experience.
- Extensive experience in OTC product development across 505.B.2/NDAs & monograph drugs in the United States.
- An entrepreneurial mindset with a strong sense of ownership to maximize business value.
- Demonstrated ability to effectively engage and motivate senior leaders both internally and externally.
- Excellent communication skills, capable of representing the company and its products effectively with major CPG/pharma/retail clients.
- Strong analytical capabilities and business acumen to drive innovation and effectively tackle challenges.
- Ability to lead and mentor cross-functional teams, fostering a culture of continuous improvement.
- Proficiency in Microsoft Office suite and other relevant software applications.
About Blue Signal:
As an award-winning executive search firm, Blue Signal has a proven track record of placing top talent in the manufacturing and industrial sectors, specializing in manufacturing leadership, engineering, supply chain, and logistics roles.