Innovation Lab Manager at Interswitch

Job Purpose

• We are seeking an experienced Innovation Lab Manager to lead our innovation lab, drive innovation, and manage the day-to-day operations of the lab.
• The Innovation Lab Manager will work closely with cross-functional teams to identify new opportunities, develop and implement new products and services, and support the development of the overall innovation strategy.

Responsibilties

• Manage the day-to-day operations of the innovation lab, ensuring that projects are delivered on time, within budget, and meet quality standards.
• Work closely with cross-functional teams to identify new opportunities and develop new products and services that meet the needs of our customers and drive innovation. 
• Develop and implement innovation strategies and initiatives that align with the overall business strategy
• Foster a culture of innovation and creativity within the innovation lab and across the organization.
• Manage a team of innovation specialists, designers, and engineers to deliver high-quality innovation projects.
• Develop and manage budgets and resources for the innovation lab, ensuring that the lab has the necessary tools, equipment, and resources to support innovation projects.
• Manage relationships with external partners and vendors to support innovation projects.
• Ensure that the innovation lab meets all safety, health, and environmental requirements.
• Develop and implement metrics and KPIs to track the success of innovation projects and initiatives. 
• Keep up-to-date with industry trends and emerging technologies and use this knowledge to drive innovation within the organization.

Position Requirements

• Bachelor's degree in business, engineering, design, or a related field. Master's degree is preferred.
• Minimum of 5 years of experience in innovation management, product development, or related fields. 
• Strong leadership skills and experience in managing cross-functional teams. 
• Experience in developing and implementing innovation strategies and initiatives. 
• Experience in managing budgets and resources.
• Excellent communication, collaboration, and interpersonal skills.
• Strong problem-solving and critical thinking skills.
• Ability to manage multiple projects simultaneously and prioritize tasks effectively.
• Experience in working with external partners and vendors.
• Knowledge of emerging technologies and trends in the innovation space.