Director of Innovation and Product Development

13 hours ago

Thiruvananthapuram, Kerala, India beBeeInnovation Full time ₹ 1,50,00,000 - ₹ 2,00,00,000

Job Title: Director of Innovation and Product Development

The ideal candidate will lead the R&D function with a strong focus on innovation, product development, and technical excellence. This role is responsible for managing R&D operations, aligning research initiatives with business objectives, and driving product development to meet organizational goals.

R&D Strategy
  • Develop and implement the R&D strategy in alignment with overall business goals.
  • Collaborate with executive leadership to prioritize research projects and innovation initiatives.
  • Develop business cases for new product innovations and improvements.
Leadership and Management
  • Lead, mentor, and manage the R&D team.
  • Oversee new product development, formulation improvements, prototyping, and testing.
  • Monitor R&D budgets, timelines, and performance metrics.
  • Ensure IP strategy (patents, trade secrets) aligns with research outputs.
Cross-Functional Collaboration
  • Work closely with production, quality assurance, procurement, and marketing teams to ensure product readiness and market fit.
  • Translate R&D outcomes into commercially viable offerings.
  • Facilitate technology transfer from R&D to manufacturing.
Compliance and Quality Assurance
  • Stay up to date with scientific, technological, and market trends.
  • Ensure documentation, certification, and audit-readiness of R&D processes.
  • Ensure all R&D activities comply with relevant industry regulations and safety standards.
Key Performance Indicators (KPIs)
  • New product development cycle time
  • R&D cost-efficiency and budget adherence
  • Customer satisfaction and retention metrics
  • Number of successful product launches or patents

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