drjobs Innovation Product Manager

Innovation Product Manager

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1 Vacancy
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Job Location drjobs

Mumbai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Key responsibilities of an Innovation PMO:
  • Identifying Innovation Opportunities:
    • Conduct market research to identify emerging trends and potential areas for innovation.
    • Facilitate brainstorming sessions to generate new product service or process ideas.
    • Analyze customer feedback to pinpoint unmet needs and potential innovation opportunities.
  • Innovation Portfolio Management:
    • Develop a framework for evaluating and prioritizing innovation projects based on strategic alignment potential impact and feasibility.
    • Manage a portfolio of innovation projects ensuring balanced risk and potential return across different initiatives.
    • Allocate resources effectively to support the most promising innovation projects.
  • Fostering a Culture of Innovation:
    • Promote an environment where creative thinking and risktaking are encouraged.
    • Develop training programs to equip employees with innovation methodologies and tools.
    • Establish crossfunctional teams to facilitate collaboration and knowledge sharing across departments.
  • Innovation Project Management:
    • Define clear project goals timelines and success metrics for innovation initiatives.
    • Implement agile project management methodologies to enable rapid iteration and adaptation.
    • Monitor project progress identify potential roadblocks and take corrective actions.
  • Stakeholder Management:
    • Communicate innovation plans and progress to key stakeholders including senior leadership crossfunctional teams and customers.
    • Manage expectations and address concerns regarding innovation projects.
    • Secure necessary resources and approvals for innovation initiatives.

Employment Type

Full Time

Company Industry

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