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Business Innovation Lead

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Emerging Business Opportunities Job Description

Job Summary:

The Emerging Business Opportunities team is seeking a skilled Business Development Strategist to identify and capitalize on emerging technologies, new business models, and untapped market opportunities.

Key Responsibilities:

1. Opportunity Discovery & Landscape Analysis:
  • Conduct ongoing research to identify emerging technologies, competitor moves, and market trends in the IoT ecosystem.
  • Develop comprehensive reports on long-term trends, disruptions, and potential threats to our current business.
2. Market Validation & Feasibility Assessment:
  • Design and execute validation processes to test new opportunity hypotheses, leveraging 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.
3. Strategic Incubation & Business Building:
  • Lead the initial incubation phase for validated opportunities, including defining product-market fit, building MVPs or prototypes, and running pilot programs with early customers.
  • Coordinate cross-functional resources to accelerate the incubation process.
4. Ecosystem Engagement:
  • Build and leverage a network of external contacts to serve as a radar for emerging innovation and potential partnership opportunities.
5. Strategic Communication:
  • Clearly communicate findings, recommendations, and progress to senior leadership to inform strategic investment decisions.

Requirements:

  • A bachelor's degree in Business, Engineering, Computer Science, or a related field; an MBA or advanced degree is a strong plus.
  • 5+ years of experience in a strategy role within a technology context.
  • Proven experience in market analysis, new venture development, or managing early-stage innovation projects.
  • A deep understanding of the IoT technology stack, competitive landscape, and key market drivers.
  • Superior analytical and financial modeling skills.
  • Exceptional strategic thinking and ability to thrive in ambiguity.
  • Outstanding communication and storytelling skills.

Preferred:

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