Director of Innovation Strategy

3 days ago

Pune, Maharashtra, India beBeeInnovation Full time ₹ 1,80,00,000 - ₹ 2,50,00,000

Job Title: Innovation Director

Location: Pune, India

The Innovation Director will lead the R&D function with a strong focus on innovation 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.

Key Responsibilities:

  • Strategic Leadership & Vision:
    • Define 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.
  • R&D Management:
    • Lead, mentor, and manage the R&D team.
    • Oversee new product development, formulation improvements, prototyping, and testing.
    • Monitor R&D budgets 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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