Director of Business Development and Innovation

1 day ago

Kota, Rajasthan, India beBeeInnovator Full time ₹ 20,00,000 - ₹ 25,00,000
Job Title:

Senior Innovation Director

Job Description:

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

Key Responsibilities:
  • Define and implement the innovation 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.
Innovation Management:
  • Lead, mentor, and manage the innovation team.
  • Oversee new product development, formulation improvements, prototyping, and testing.
  • Monitor innovation 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 innovation processes.
  • Ensure all innovation activities comply with relevant industry regulations and safety standards.
Key Performance Indicators (KPIs):
  • New product development cycle time
  • Innovation cost-efficiency and budget adherence
  • Customer satisfaction and retention metrics
  • Number of successful product launches or patents

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