Senior Innovation Manager for Planters and Skippy Brands Corporate Innovation Corporate Office (Downtown Chicago, IL)

SENIOR INNOVATION MANAGER FOR PLANTERS AND SKIPPY BRANDS CORPORATE INNOVATION CORPORATE OFFICE (DOWNTOWN CHICAGO IL)

HORMEL FOODS CORPORATION

To save time applying Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time.

ABOUT HORMEL FOODS Inspired People. Inspired Food.

Hormel Foods Corporation based in Austin Minnesota is a global branded food company with approximately $12 billion in annual revenue across more than 80 countries worldwide. Its brands includePlantersSkippySPAMHormelNatural Choice Applegate Justins Wholly HormelBlack Label ColumbusJennie-Oand more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats was named one of the best companies to work for by U.S. News & World Report one of Americas most responsible companies by Newsweek recognized by TIME magazine as one of the Worlds Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement Inspired People. Inspired Food.to bring some of the worlds most trusted and iconic brands to tables across the globe. For more information visit.

RESPONSIBILITIES:

• Development of innovation strategy and pipelines to deliver against retail vision and business goals:Develops the innovation strategy that connects to the overarching brand and business strategy and portfolio growth goals. Assesses size of the prize for growth opportunities and develops and managesthe workplan against the innovation goal. Applies consumer and trend lens and thinks creatively to source new product ideas. Facilitates ideation sessions. Writes new product concepts. Works collaboratively with consumer insights business analytics brand and R&D teams to build a multi-year innovation pipeline. Secures leadership buy-in and approval for recommended pipelines. Presents and gets key customer alignment. Pushes pipelines through the Capex planning process to secure capabilities/capacity required when needed.

• Commercialization of new products:Collaboratively leads multi-level cross-functional project teams across stage gates for Innovation launches. This includes having a working knowledge of multiple cross-functional areas i.e. sales P&L regulatory operations insights R&D. Puts together and adheres to timelines of the project through creation development and launch of new items. Must be able to put together a high-level P&L product concept and build and present a sell-in story to the customer and internal stakeholders.

• Partnership with external agency partners: Collaborates with external suppliers and agencies across different steps of the innovation process when needed to bring in new capabilities (i.e. in-market test) fresh thinking (i.e. ideation) or agility (i.e. quick turnaround).

• Leadership: Provides guidance and support to a junior team member. Delegates shares regular feedback and develops a direct report to ensure strong motivation and performance. Champions team participates in monthly portfolio management reviews annual planning process and champions resource governance (stage gate) process.
  

QUALIFICATIONS:

Required

• Bachelors degree and 5 years of innovation marketing/marketing related or sales experience ORMBA and 3 years of innovation marketing/marketing related experience.
• Pattern of initiative.
• Experience commercializing a new item.
• Experience developing brand or business strategy.
• Proven problem-solving and decision-making skills.
• Understanding of P&L structure and components.
• Ability to write product concepts and positioning statements.
• Highly developed interpersonal and organizational skills.
• Well-developed written and verbal communication skills.
• Strong analytical and time management skills.
• Ability to translate data into consumer insights and then into product innovation.
• Ability to travel 15% of the time as needed (to the Corporate Office in Austin MN customer meetings etc.).
• Applicants must not now or at any time in the future require sponsorship for a work visa.
• Applicants must be authorized to work in the United States for any employer.

Preferred

• Curiosity and creative thinking skills.
• Working knowledge of prompt engineering for AI.
• Speak-up mentality.
• Understanding of brand positioning and marketing levers.
• Project management experience.
• Cross functional experience beyond Marketing function.

A comprehensive relocation package to the Chicago IL area will be offered if required.

At Hormel Foods base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for the Senior Innovation Manager role is between$111550 - $156175 per year and your actual base pay within that range will depend upon a variety of factors including but not limited to job-related knowledge skill set level of experience and geographic market location.

BENEFITS:Other components of Hormel Foods total compensation package includes comprehensive medical dental and vision coveragediscretionary annual merit increases bonuses and profit sharing 401(k) with employer match stock purchase plan relocation assistance paid time off free two-year community/technical college tuition for children of employees and more.

TRAVEL REQUIREMENTS:15% of the time

For immediate consideration apply online at: Hormel we invite difference and diversity in all aspects. We offer a space of support understanding and community. We are committed to the journey! Learn more about our progress here: Foods provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy childbirth or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.