Identifies white space opportunities (based on local market trends, competition, and consumer behavior) to deliver compelling new product solutions consistent with company/brand strategies.
Develops business cases and feasibility studies for each new project to justify future actions.
Leads all facets of conceptualization for assigned new products/projects, including target consumer, insights, benefit, and price point.
Monitors market trends on existing products; identifies opportunities to improve performance of current SKUs (e.g., improved claims, better packaging, etc.).
Leverages internal and external resources to identify relevant trends/insights to build into NPD plans.
Collaborates with R&D to ensure new product concepts align with brand strategies and values.
Tracks all project KPIs and demonstrates holistic insights of assigned products and initiatives.
Helps to govern all dimensions of new product (or renovation) project management, including critical path milestones, detailed timelines, and workflows.
Adheres to all aspects of NPD processes, ensuring timeliness, accuracy, and stakeholder alignment to all deliverables.
Partners with the Insights team to gather and analyze consumer data, informing the development and optimization of innovation projects.
Works with the Finance team to evaluate the financial feasibility of new initiatives, ensuring they contribute to profitable and sustainable growth.
Works collaboratively with the brand and value team and IA to develop and create a brand innovation strategy, with a special focus on breakthrough innovation, new products, and new market spaces. Includes innovation in business model or strategy. partnership. Explains the innovation strategy to internal and key external partners
Helps shape the culture and processes required for innovation to succeed in our organization, as well as train others on how to get better at it.