Emerging Business Ventures

2 days ago

Mysore, Karnataka, India beBeeBusiness Full time US$ 1,00,000 - US$ 1,50,000
Unlock Emerging Opportunities in IoT

We are seeking a skilled Business Development Manager to capitalize on emerging business opportunities in the IoT ecosystem.

Opportunity Identification & Landscape Analysis:
  • Conduct proactive market research to identify untapped market opportunities, new business models, and competitor moves.
  • Develop insightful reports on long-term trends, disruptions, and potential threats to our current business.
Market Validation & Feasibility Assessment:
  • Design and execute validation processes for new opportunity hypotheses, utilizing primary customer research, expert interviews, competitive analysis, and prototype testing.
  • Develop robust financial models and business cases to assess the market size, potential ROI, and strategic value of new opportunities.
Strategic Incubation & Business Growth:
  • Lead the initial incubation phase for opportunities that pass validation. Define product-market fit, build minimal viable products (MVPs) or prototypes, and run pilot programs with early customers.
  • Coordinate cross-functional resources to accelerate the incubation process.
Ecosystem Engagement:
  • Build a network of external contacts to serve as a radar for emerging innovation and potential partnership opportunities.
Strategic Communication:
  • Clearly communicate findings, recommendations, and progress to senior leadership to inform strategic investment decisions.

Requirements:

  • Bachelor's degree in Business, Engineering, Computer Science, or a related field; MBA or advanced degree is a strong plus.
  • 5+ years of experience in a strategy role such as corporate strategy, venture capital, management consulting, product management, or business development within a technology context.
  • Proven experience in market analysis, new venture development, or managing early-stage innovation projects.
  • Deep understanding of the IoT technology stack, competitive landscape, and key market drivers.
  • Superior analytical and financial modeling skills, with experience building business cases from the ground up.
  • Exceptional strategic thinking and ability to thrive in ambiguity, developing structure around poorly defined problems.
  • Outstanding communication and storytelling skills, with the ability to influence senior stakeholders.

Preferred: Experience taking a new product or business from concept through to launch.

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