A new challenge?
Are you a motivated and forward-thinking Business Analyst to join our dynamic innovation team? As a Business Analyst focused on opportunity definition and project planning, you will play a crucial role in driving the company's growth by identifying and quantifying new business opportunities, understanding market needs, and developing concrete project plans including robust business cases. The ideal candidate is a strategic thinker with a passion for innovation, a keen eye for emerging trends, and a strong ability to translate ideas into actionable plans.
Key Responsibilities:
Innovation Opportunity Identification and Market Analysis:
1. Conduct thorough market research to identify emerging trends, customer needs, and potential business opportunities.
2. Collaborate with cross-functional teams to gather insights and data to support opportunity identification.
3. Score ideas by clarifying the value proposition of the innovative solution and compare against existing commercial solutions (ability to win).
Opportunity Validation and Quantification:
4. Develop frameworks and methodologies to validate and quantify the viability of identified opportunities.
5. Conduct actions to validate the main assumptions in the field (events, customers, expert interviews etc).
6. Analyze data and metrics to assess the financial, operational, and strategic potential of each opportunity.
Project Planning and Business Case Development:
7. Work closely with internal teams to translate validated opportunities into detailed project plans.
8. Define project scope, objectives, milestones, and deliverables.
9. Develop comprehensive business cases that outline potential benefits, risks, resource requirements, and financial projections.
Cross-functional Collaboration:
10. Collaborate with various teams, including R&D teams, sales & marketing, finance, and operations, to align project plans with organizational goals.
11. Facilitate brainstorming sessions, workshops, and ideation exercises to generate innovative concepts.
Continuous Improvement:
12. Stay informed of industry trends, competitive landscape, and technological advancements to enhance the innovation process.
13. Regularly review and refine methodologies for opportunity assessment, validation, and project planning.
Communication and Reporting:
14. Present findings, recommendations, and project plans to senior leadership and stakeholders.
15. Provide regular updates on the progress of projects, highlighting key milestones and challenges.
Qualifications and Skills:
16. Bachelor's or Master's degree in Business, Marketing, Innovation Management, or a related field.
17. Proven experience in innovation management, opportunity assessment, and project planning.
18. Strong analytical skills with the ability to gather and interpret data to make informed decisions.
19. Excellent communication and presentation skills, with the ability to convey complex concepts in a clear and concise manner.
20. Proficiency in project management methodologies and tools.
21. Strategic thinker with a creative mindset and a knack for identifying disruptive opportunities.
22. Strong interpersonal skills and the ability to collaborate effectively with cross-functional teams.
23. Detail-oriented with excellent organizational and time management skills.
24. Adaptability and the ability to thrive in a fast-paced and dynamic environment.
If you are a motivated and innovative thinker with a passion for identifying new business opportunities and turning them into actionable projects, we invite you to apply for this exciting opportunity.
To apply, please submit your resume and a cover letter outlining your relevant experience and explaining your approach to opportunity assessment and project planning.
We are currently not working with external agencies for this vacancy.