Manager of Strategy and Innovation
Manager of Strategy and Innovation
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Job Description
About MELIC:
The Mitsubishi Electric Innovation Center (MELIC) is Mitsubishi Electrics open innovation hub in North America. Located in Cambridge MA MELIC drives new venture creation strategic startup partnerships and digital transformation initiatives. We work closely with business units academic institutions and entrepreneurs to turn high-potential ideas into scalable solutions across energy mobility automation and AI.
Position Overview:
We are seeking a strategically minded and analytically rigorous Manager Strategy and Innovation to lead critical assessments of new product and business opportunities. In this role you will be responsible for conducting ROI analysisto evaluate investment potential and applying value engineering to optimize early-stage product concepts. You will help MELIC make data-driven go/no-go decisions shape product strategy and drive cost-effective innovation.
This position bridges corporate strategy product development and venture buildingideal for a candidate who thrives at the intersection of business insight and technical feasibility.
Key Responsibilities:
- Lead financial and strategic analysis of new product ideas business models and innovation initiatives.
- Conduct ROI analyses including NPV IRR and payback period to evaluate project viability and investment readiness.
- Apply value engineering principles to early product concepts to improve performance-to-cost ratios without sacrificing user or business value.
- Collaborate with MELIC engineers designers and business unit stakeholders to define MVPs and lean product roadmaps.
- Prepare business cases and investment memos that synthesize market data cost structures and strategic fit.
- Facilitate cross-functional decision-making on product scope investment stage-gates and business model pivots.
- Track product impact cost evolution and return post-launch to refine future strategy.
- Perform other duties as assigned.
Qualifications:
- Bachelors degree in Business Engineering Economics or a related field; MBA or equivalent graduate degree preferred.
- 48 years of experience in strategy product management corporate innovation or business operations.
- Deep familiarity with ROI modeling financial valuation and scenario-based analysis.
- Practical understanding of value engineering lean product development and cost/performance tradeoffs.
- Excellent communication and presentation skills for both technical and executive audiences.
- Able to operate independently in a fast-paced evolving innovation environment.
Why Join MELIC:
This is a rare opportunity to sit at the heart of a global corporations innovation engine. Youll influence which ideas become new ventures or products directly shaping Mitsubishi Electrics transformation through strategic insight and disciplined execution.
The pay range for this position at commencement of employment is expected to be between $111200 and $152900; however base pay offered may vary depending on multiple individualized factors including market location job-related knowledge skills and experience. The total compensation package for this position may also include other elements including commissions based on achieving individual performance and/or sales metrics incentive compensation and discretionary awards in addition to a full range of medical financial and/or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation sick time and parental leave) dependent on the position offered. Details of participation in these additional compensation and benefit plans will be provided if an employee receives an offer of employment.
If hired employee will be in an at-will position and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance Company or individual department/team performance and market factors.
In compliance with federal law all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.
To view the EEO is The Law Poster and the supplement please visit view the Notice to Job Applicants and Employees regarding San Franciscos Fair Chance Ordinance and the Know Your Rights poster please visit with a disability who need assistance with the application process may contact Human Resources by email at or by calling 714.229.3813.
Required Experience:
Manager
Employment Type
Full Time
