Emerging Business Opportunities

2 days ago

Rajahmundry, Andhra Pradesh, India beBeeStrategist Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Business Innovation Specialist

We are seeking a skilled professional to drive growth and innovation within our organization. This role will focus on identifying emerging business opportunities, conducting market analysis, and developing strategic plans to capitalize on these opportunities.

The ideal candidate will have a deep understanding of IoT technology stack, competitive landscape, and key market drivers. They will possess superior analytical and financial modeling skills, with experience building business cases from ground up. Exceptional strategic thinking and ability to thrive in ambiguity, developing structure around poorly defined problems is essential.

Key Responsibilities:

  • Opportunity Discovery & Landscape Analysis:
    • Conduct continuous scanning of the IoT ecosystem to identify emerging technologies, new business models, competitor moves, and untapped market spaces.
    • Develop insightful research and synthesis 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 market size, potential ROI, and strategic value of new opportunities.
  • Strategic Incubation & Business Building:
    • Lead initial incubation phase for validated opportunities, defining product-market fit, building MVPs or prototypes, and running pilot programs with early customers.
    • Coordinate cross-functional resources to accelerate incubation process.
  • Ecosystem Engagement:
    • Build network of external contacts (startups, academics, industry experts, venture capitalists) to serve as radar for emerging innovation and potential partnership opportunities.
  • Strategic Communication:
    • CLEARLY AND PERSUASIVELY communicate findings, recommendations, and progress to senior leadership to inform strategic investment decisions.

Requirements:

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

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

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