Lead, Products and Innovation at iCentra

Overview:

• As the Lead for Products and Innovation, you will play a crucial role in steering the company’s growth through the development of innovative products and services.

Responsibilities

• Innovation Strategy: Develop and execute the innovation strategy aligned with the company’s objectives and market demands.
• Product Development: Lead the ideation, conceptualization, and development of new products, services, or solutions.
• Market Research: Conduct market research and analysis to identify emerging trends, consumer needs, and opportunities for innovation.
• Cross-functional Collaboration: Collaborate with various departments (such as R&D, marketing, sales, and operations) to align innovation efforts and product development with company goals.
• Prototyping and Testing: Oversee the prototyping, testing, and validation of new products or features before market launch.
• Risk Management: Evaluate potential risks associated with new product launches and develop risk mitigation strategies.
• Team Leadership: Manage and mentor teams involved in product development, fostering a culture of creativity and innovation.

Requirements

• Bachelor’s or Master’s degree in Business, Engineering, Product Management, or a related field.
• Extensive experience (5+ years) in product development, innovation management, or a similar role, with a track record of successful product launches.
• Strong leadership and team management skills, with the ability to inspire and guide cross-functional teams.
• Strategic thinking and problem-solving abilities to navigate complexities in product development and innovation processes.
• Proficiency in market research methodologies and familiarity with emerging technologies relevant to the industry.
• Excellent communication skills to convey complex ideas and concepts to diverse stakeholders.

Key Performance Indicators (KPIs):

• Product Launch Success: Success of new product launches based on sales, customer adoption, and market response.
• Innovation Pipeline: Number of innovative ideas generated and their progression through the development pipeline.
• Market Share Growth: Impact of new products or innovations on the company’s market share.
• Customer Feedback: Customer satisfaction levels regarding new products or innovations.
• Time-to-Market: Efficiency of the innovation process by measuring the time taken from ideation to market launch.
• Revenue Generation: Contribution of new products or innovations to the company’s revenue growth.
• Team Performance: Team productivity and collaboration in delivering innovative solutions.