Job Description:

Key Responsibilities:
1. Lead and manage innovation initiatives across all corporate functions
2. Develop and implement strategies to foster a culture of innovation within the company
3. Identify new market opportunities and trends to drive business growth
4. Oversee academic and industry outreach programs to establish partnerships and collaborations
5. Drive the development of new services and products to meet customer needs
6. Manage the launch of startups and new ventures in alignment with company goals
7. Collaborate with cross-functional teams to execute innovation projects
8. Monitor and analyze industry developments to stay ahead of the competition
9. Build and maintain relationships with key stakeholders in the innovation ecosystem
10. Present innovative ideas and strategies to senior management for approval and implementation
Success Metrics:
1. Number of successful innovation projects launched
2. Revenue generated from new products and services developed
3. Increase in customer satisfaction and retention rates
4. Number of new partnerships and collaborations established
5. Growth in market share and competitive advantage
6. Recognition and awards received for innovation achievements
7. Employee engagement and satisfaction levels within the innovation team
8. Return on investment for innovation initiatives
9. Number of startups launched and their success rate
10. Overall impact on company profitability and growth.
Tasks:
1. Conduct research and analysis on market trends and customer needs
2. Develop and maintain a pipeline of innovation projects and initiatives
3. Lead brainstorming sessions and ideation workshops to generate new ideas
4. Collaborate with internal teams and external partners to pilot and test new concepts
5. Evaluate the feasibility and potential impact of new innovations
6. Prepare business cases and proposals for new projects
7. Monitor and track the progress of innovation projects and initiatives
8. Communicate updates and results to stakeholders and senior management
9. Drive a culture of continuous learning and improvement within the innovation team
10. Attend industry conferences and events to stay informed about the latest trends and developments

Qualification:

• Bachelor’s degree in engineering
• 20+ years experience as innovation manager or researcher
• Knowledge of lean startup methodology
• Experience in moving technology projects from conception to commercialization
• Knowledge of product development process
• Experience managing cross-functional teams
• Strong leadership