Chief Innovation Officer Job Description

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Chief Innovation Officer Job Description

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Executive

Job summary 1

The Chief Innovation Officer is responsible for ideation, strategy creation, and all product management activities required to bring a new solution to the market. In this role, the Chief Innovation Officer will serve as the overall owner of product development and strategically focus on the specific and unique needs of our clients, prospects, and channel partners, and identify and introduce products and capabilities that drive continued profitable growth. This position will report directly to our EVP, Chief Revenue Officer, and will work in partnership with our senior leadership and partner cross-functionally with operations, information technology, and other parts of the organization to achieve success metrics. The ideal incumbent will have a proven history of building strong client relationships and intimacy combined with market expertise to specify, strategize, and define growth opportunities.

Duties & Responsibilities 1

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Drive innovation and other disruptive technology strategies including products, services, and processes.
Assess industry and community market trends, leading to the generation of innovative ideas.
Recognize promising ideas and finds a way to introduce them into plans and discard ideas that are ineffective, costly, or beyond the scope of the company’s mission or abilities to develop.
Conduct due diligence on the capabilities of partners and evaluates the various alternatives for venture, adoption, and/or growth.
Create standardized outreach for current and future clients and coordinate implementation across sales channels, client management, and marketing and communication
- Define requirements for and procure the required technologies that underpin and enable revenue growth activities
- Create a business case, using research, data, and scenario modeling to demonstrate a full understanding of the range of potential outcomes
- Develop product positioning, launch, and overall communication strategy. Socialize widely to confirm full organizational alignment and support.

Requirements & Skills 1

Job summary 2

The Chief Innovation Officer is an executive-level position that manages the day-to-day operations of the Company’s Office of Performance Management and Policy Control (OPM). The Chief Innovation Officer provides a holistic view of the agency’s performance, encompassing virtually every level of performance data from department-level metrics to agency and state-wide transit goals to customer and employee attitudes.

Duties & Responsibilities 2

Manage all survey research at the Company, including organizational surveys, customer surveys, and other attitude and demographic measurement tools and ensure that the alignment of survey indicators is in line with organizational goals.
Skilled in providing direction and management of operations, services, and activities in assigned departments.
Able to interpret and apply Agency policies, procedures, laws and procedures in administering Statewide goals and objectives.

Requirements & Skills 2

Education: Possession of a Bachelor’s degree from an accredited college or university in Planning, Transportation Planning, Public Administration, Business Administration, Economics, Transportation Studies, Environmental Studies, or a related field. Preferred Master’s degree in Business Administration, Public Administration, Industrial-Organizational Psychology, Industrial Engineering, Organizational Development, Organizational Behavior, or a related field
Experience: Six (6) years of experience in administrative or professional work, with two (2) years of experience in one or more of the following: supervision of other employees, overseeing and coordinating the general operations of a unit, applying rules and regulations, or exercising responsibility for the development of policies and procedures.

Job summary 3

The Chief Innovation Officer coordinates the development of a data-driven innovation strategy for the Town, which includes leading the Town’s efforts to collect, analyze, and disseminate data to the public and across departments, facilitating the institutionalization of data-driven decision-making and continuous improvement processes across the organization, and promoting transparency through the use of accessible, open data.

Duties & Responsibilities 3

Serve as a strategic adviser to General Manager and Board of
- Directors to facilitate organizational decision-making.
- Align technology strategy with the policy goals of the Town and ensure that the organization’s technology provision evolves to meet those goals.
- Actively seek ways that technology can drive better results and experiences for Town staff and constituents, communicates opportunities to other department leaders, and co-develop plans for implementation.

Requirements & Skills 3

Eight (8) years of experience
Ideal candidates will also present progressively responsible managerial, and supervisory experience with a major emphasis on strategic program development, business model development, and change management
- Must possess a bachelor’s degree in Public Administration, Business Administration, Information Technology, or a related field
- Master’s degree in business administration, public administration, and/or Information Technology is strongly preferred
- Prior experience working in municipal government and/or the public sector strongly preferred

Job summary 4

The Chief Innovation Officer will help the district launch and implement sustainable instructional models to support teachers in improving student achievement and performance management systems to ensure the district is improving outcomes for students. The primary purpose of the Chief Innovation Officer is to oversee the planning of the program; design, manage, and implement the instructional plan; manage other grant programs as appropriate; manage program performance; ensure compliance with any grant requirements. This position will support all Innovation programs.

Duties & Responsibilities 4

Requirements & Skills 4

5+ years of successful teaching experience, exemplifying a willingness to try bold, innovative strategies
2+ years experience in school leadership
Experience in facilitating, designing, and presenting professional development experience
Successful experience in designing, implementing, and progress-monitoring district programs
- Teacher Certificate
- Bachelors degree required
- Masters degree preferred

Job summary 5

Serves as the Chief Innovation Officer for the Business and Support Services Division. This role is responsible for leading growth strategies and effecting change by evaluating opportunities for internal and external innovation. Directs all innovation and marketing strategies, and translates them into organizational action. Provides oversight for Marketing and Innovation Directorate.

Duties & Responsibilities 5

Develops operational guidelines for the full range of actions and standards for Directorate operations when established guidelines have not been successful, do not apply or none are available.
Leads a team of markets in implementing marketing strategy, ensuring brand integrity, and developing a strategic communication plan to drive deep and measurable engagement between the organization as a brand and our customers.
- Serves as the chair of the Innovation Assessment Board, and ensures appropriate monitoring and performance management of all innovation initiatives. Ensures resource allocation and sustainment strategies. Continuously analyzes operations for improvement and program optimization.
- Initiates coordination of efforts and provides leadership in formulating methods to get results through cooperative efforts while monitoring coordination of conflicting or overlapping objectives. Participates in phased, milestone, and final program reviews. Identifies program documentation requirements or procedures. Executes and leads a proactive, comprehensive, and integrated communications strategy.
- Actively identifies opportunities to implement best-in-class, innovative techniques to ensure the organization is staying ahead, leading trends in technology and business.

Requirements & Skills 5

Job summary 6

The Chief Innovation Officer would be part of a multidisciplinary team sourcing, vetting, performing diligence, completing financial modeling related to healthcare (e.g., digital health, diagnostics, medical devices) specific innovation initiatives, start-ups or ventures, and spearheading implementation of select innovations.

Duties & Responsibilities 6

Participate in internal innovation idea diligence process and innovation portfolio management including innovation idea prioritization & evaluation, financial assessment and forecasting, value-adding projection, negotiation, clinical need impact assessment
Support the external investment team by contributing preliminary due diligence efforts, including financial analysis of investments, analysis & projections of returns, scenario planning, and operating plan analysis
Carry out primary and secondary research to provide key insights to support decision making
Plan and facilitate internal educational seminars, proposal calls, pitch events, and other innovation events
- Coordinate, oversee and provide traction of internal pilots to assess the commercial viability
- Assist in the development of innovation infrastructure, process, and capabilities
- Provide constructive feedback to early-stage entrepreneurs and mentorship to internal innovators in select areas

Requirements & Skills 6

Bachelor's degree required. Master's degree in healthcare or business (MBA, MHA, MPH, or equivalent) preferred.
Preference will be given to candidates with clinical and/or technical qualifications.

Job summary 7

The Chief Innovation Officer is responsible for the development and implementation of technology-focused proactive business development including business attraction programs and activities to encourage new investment, business, and jobs. This role requires a strategic, entrepreneurial-minded, action-oriented, risk-balanced, and inclusive collaborator which can be a catalyst for progress.

Duties & Responsibilities 7

Develops strategies, budgets, and implements programs that promote tech and innovation initiatives; including establishing goals and objectives for the tech-innovation functional area.
Oversees the development and implementation of targeted business attraction activities and programs to reach prospective companies through qualified national and international business development leads.
Manages engagement with key organizations focused on technology and innovation, including but not limited to local and regional resource providers, accelerators, trade associations, schools, colleges, and universities.
- Stays current on issues and trends that affect tech and innovation partners, entrepreneurs, companies, and investment activity; maintains a pulse of the tech industry priorities and trends.
- Convenes and builds collaborations and relationships among key technology and innovation leaders, corporate enterprises interested in the innovation ecosystem, angel investors, venture capitalists, high net-worth individuals, and relevant family offices.
- Develops and maintains professional business relationships with clients, brokers, consultants, site selectors, and allies regionally, nationally, and internationally through personal contact and participation in professional industry-related organizations.

Requirements & Skills 7

Job summary 8

The Chief Innovation Officer, will ensure the Incubator operations run efficiently through concept management, resource management, and project management. This role ensures the tools, processes, and day-to-day coaching or team support needed for the incubator to carry out its mission to launch innovation concepts to enable the success of incubator teams and projects.

Duties & Responsibilities 8

Contribute to the execution of the Innovation strategy as established by the business.
Work collaboratively with a multi-disciplinary team to deliver the expected results of the Incubator.
Leverage technical expertise to contribute to concept development and execution.
Actively participate in innovation processes on behalf of the Incubator and the company, including leading efforts to integrate technical expertise into the processes where appropriate.
Work with key stakeholders to establish best practices around innovation processes, dependable concept hand-off, and integrated project plans for utilizing expertise, information, and functionality.
- Work collaboratively with internal and external stakeholders as appropriate, to execute or integrate innovation concepts and ensure successful implementation and realization.
- Foster a culture of innovation and learning within the incubator and across the organization.
- Foster relationships outside of the company to introduce new avenues toward innovation development.

Requirements & Skills 8

Bachelor’s degree in business, marketing, or related field required.
MBA or graduate degree preferred.
Minimum 5 years’ experience in innovation, R&D, or product development required.
Minimum 5 years of experience in project management, with demonstrated project successes required.
- Experience with Design thinking methodology or other innovation frameworks required.
- Experience managing cross-functional teams preferred.
- Minimum of two years as a coach of others using Design Thinking or another established innovation methodology preferred.

Job summary 9

The Chief Innovation Officer will be responsible for actively identifying key areas for innovative transformation; creating a 5-year product plan by aligning innovation goals with the company's operating agenda for new product development (NPD) and new business model offerings. The Chief Innovation Officer will be directly responsible for the entire product management team, managing the product development process and pipeline; and ensuring that key deliverables are met. The successful candidate shall be detail driven, strategic, motivated, have a forward-leaning approach to business, and have excellent collaboration skills with all levels of the organization.

Duties & Responsibilities 9

Build a five-year innovation pipeline that drives growth by the company's operating agenda and strategy.
Has the executive presence and business acumen to present pro forma financials to key stakeholders and can justify the ROI for all products presented in the innovation pipeline.
Responsible for all product management functions. Directly responsible for managing the production process and pipeline ensuring that key deliverables are met on time. Provides periodic post-mortem analysis and implements improvements that enhance speed and effectiveness.
Actively evaluates the competition and has a keen understanding of the overall company and product strategies. Can position the company in a value-added space and avoids commoditization. Provides a balance of innovative opportunities that are incremental and transformative.
Is a champion and expert in the voice of the customer. Is acutely aware of the customer pain points and can transition this information to value. Organizes external focus groups and creates “product champions” early on in the innovation process to ensure front-line preliminary design feedback for initial product concepts, alpha and beta testing, and use as testimonials to others.
- Visionary who can take risks, drive towards fast failure, and possess an entrepreneurial spirit that can bring the mastery of vision and what is possible to the table. Also shows the ability to deal with failure.
- Actively engages the R&D department and external resources such as Universities and consultants to enhance the creative approach both from an outside and technological perspective
- Understand the importance of sales channels and target product strategies to the strengths and core competence of the company where possible by leveraging established existing channels, thus providing economies of scale for field sales.

Requirements & Skills 9

Job summary 10

As the Chief Innovation Officer, you will oversee the innovation process by identifying strategies, business opportunities, and new technologies to grow the product lines for the water and wastewater markets. In this role, you will develop initiatives through new product development, market development, acquisitions, mergers, and technological developments. The Chief Innovation Officer inspires ideas from varied sources, selects the ideas to pursue, and champions them into products, new businesses, and new processes. Other responsibilities include the review of existing processes and identifying opportunities for improvement that produce measurable results. The Chief Innovation Officer fosters an innovative corporate culture while establishing innovative processes and building idea teams.

Duties & Responsibilities 10

Requirements & Skills 10

Must exhibit a B. S. or B. A. degree from an accredited four-year college or university. Proof of transcript is required.
Must exhibit four (4) to six (6) years of work experience performing innovative-related work. Preferably after completion of an MBA or Ph.D.
Must exhibit two years' experience leading innovation-related teams.
Must be able to travel domestically and internationally for long periods.
Must exhibit two years' experience leading cross-functional teams.
- Must exhibit prior experience in the use of word processing, spreadsheet, and database software such as Word, Excel, Access, etc.
- Six (6) or more years of work experience performing innovative type work after completion of an MBA or Ph.D.
- Six (6) or more years of work experience as a Chief Innovation Officer or six (6) or more years of work experience performing similar types of work.

Frequently asked questions

What are 10 things chief innovation officers do?

Chief Innovation Officers (CIOs) are responsible for driving innovation and growth within an organization. Here are ten things that CIOs typically do:

Develop innovation strategies: CIOs create and implement strategies that help their organizations stay ahead of the competition. They identify new markets, technologies, and business models to pursue.

Foster a culture of innovation: CIOs cultivate a work environment that encourages experimentation, risk-taking, and creativity. They inspire and motivate their teams to generate new ideas and solutions.

Manage innovation projects: CIOs oversee the entire innovation process, from idea generation to commercialization. They allocate resources, set timelines, and ensure that projects stay on track.

Identify emerging technologies: CIOs stay up-to-date on the latest technological developments and identify opportunities for their organizations to leverage them.

Build partnerships: CIOs forge partnerships with other companies, research institutions, and startups to collaborate on innovation projects.

Evaluate market trends: CIOs analyze market trends to understand customer needs and preferences. They use this information to develop products and services that meet or exceed these expectations.

Manage intellectual property: CIOs protect their organization's intellectual property by filing patents, trademarks, and copyrights. They also develop strategies to license or sell intellectual property to generate revenue.

Implement open innovation: CIOs use open innovation strategies to tap into the collective wisdom of their employees, customers, and partners. They encourage collaboration and knowledge sharing across the organization.

Measure innovation performance: CIOs use metrics and analytics to evaluate the performance of innovation initiatives. They track the success of projects and identify areas for improvement.

Communicate innovation strategy: CIOs communicate their innovation strategy to all stakeholders, including executives, employees, and customers. They ensure that everyone understands the organization's innovation goals and the role they play in achieving them.

What are chief innovation officer skills?

Chief Innovation Officers (CIOs) need a diverse set of skills to effectively lead innovation and growth in their organizations. Here are some of the key skills that CIOs should possess:

Strategic thinking: CIOs must be able to think creatively and strategically to develop innovative ideas and solutions that meet organizational goals.

Leadership: CIOs need strong leadership skills to motivate and inspire their teams to generate and implement new ideas.

Business acumen: CIOs must have a deep understanding of the business and industry they operate in to identify opportunities for innovation and growth.

Analytical skills: CIOs must be able to analyze data and market trends to make informed decisions about innovation initiatives.

Communication skills: CIOs need excellent communication skills to effectively communicate their vision and strategy to stakeholders at all levels of the organization.

Collaboration skills: CIOs must be able to collaborate with other departments, stakeholders, and external partners to drive innovation and growth.

Risk management: CIOs must be able to assess and manage risks associated with innovation initiatives, including financial, legal, and reputational risks.

Entrepreneurial mindset: CIOs must have an entrepreneurial mindset and be willing to take calculated risks to drive innovation and growth.

Creativity: CIOs must be creative and able to generate new and innovative ideas to solve complex problems.

Continuous learning: CIOs must be committed to continuous learning and be able to adapt to new technologies, trends, and business models.

Olivia Powell
Recruiting expert

Last updated Sep 22, 2024

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Chief Innovation Officer Job Description

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Frequently asked questions

What are 10 things chief innovation officers do?

What are chief innovation officer skills?

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