Innovation Analyst Job Description
Innovation analyst
provides business subject matter perspective in reviewing technology options and recommending implementation approaches, particularly with one or more contemporary/emerging technologies, such as social media and other means of interpersonal communication.
Innovation Analyst Duties & Responsibilities
To write an effective innovation analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included innovation analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Supporting the sourcing, screening, evaluating and optimally capturing opportunities of high strategic value to the Consumer R&D and Global Franchise Organizations
Drive the maturation of the Ideas@CS framwork, supporting the development and execution of the expansion strategy
Conducting Secondary research, including the summary, collation and/or synthesis of existing research (45%)
Working with colleagues in Marketing Research to design and conduct Primary research of patients, customers, physicians and payers (15%)
Synthesizing and communicating complex information from disparate sources into a clear compelling story
Swiftly identify and drive the most promising ideas and opportunities through the organization
Assess high-level consumer, industry, and/or market trends for actionable insights that could power growth in the business
Work in a highly-effective and well respected team, executing at superior levels of performance and thought leadership
Play a key role in supporting innovation investment and be part of the team setting up innovation labs globally
Work with innovative technologies to drive transformation within the bank
Innovation Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Innovation Analyst
List any licenses or certifications required by the position: CISCO, CMA, CPA, MBA, SOX, CBAP, 9001, ISO, HERMES, CPRE
Education for Innovation Analyst
Typically a job would require a certain level of education.
Employers hiring for the innovation analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Business, Engineering, Finance, Education, Economics, Computer Science, Business/Administration, MBA, Marketing, Accounting
Skills for Innovation Analyst
Desired skills for innovation analyst include:
SQL
Lean
Rapid prototyping
R
Tableau
Theory and principles of agile
Agile development methodologies
Business systems software
Contemporary/emerging technologies
Especially social media and mobile apps
Desired experience for innovation analyst includes:
Work with business to develop, adhere and maintain the Business Capability Model
Partner with global IT colleagues to ensure IT APAC adheres with global strategy and standards, and leverage where possible leading solutions developed/deployed elsewhere
Actively engage with the IT Architects to design IT Roadmaps, including interim states with the necessary controls to mitigate operational risk
Support and participate in the Design Authorities to execute the IT Strategy and work with business unit leaders to define localized Key Performance Indicators to evaluate business success
Ensure the coherence for a One Bank perspective over the Investment Banking Design Authority in Private Banking/Wealth Management and Investment Banking working groups
Conduct strategic assessment of our competitive position in the marketplace tailored to established strategic priorities
Innovation Analyst Examples
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Innovation Analyst Job Description
Job Description Example
Our company is looking for an innovation analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for innovation analyst
- Support advise to the business divisions and CS executive management to guarantee that IT and technology capabilities are fully utilized to enable to help put CS into a competitive position
- Support the innovation process in such a way that it accelerates the IT Strategy and increases the competitiveness of CS
- Define Roadmaps and Target Operating Models (TOMs) that position CS and its divisions to maximum PTI and competitive advantage
- Filter key trends, competitor analysis and regulations that will impact CS and interpret the implications to business and IT leadership
- Build relationships with communities, vendor and industry partners that can enable innovation initiatives and support development of solutions
- Potential to create significant differentiated organsiation capabilities in highly changing and dynamic environment
- On-going projects and initiatives including reporting and maintaining dashboards • Assist in the delivery of events and other activity as part of the Innovation Centre Engagement Calendar • Participate in and support client pilots and POCs, assisting in delivery of workshops, tracking, burndown charts etc
- Analyze complex business and application problems and design/define solutions
- Develop subject matter expertise in services and solutions developed by Innovation
- Act as liaison between system users and application providers and development teams
Qualifications for innovation analyst
- Capture functions, features, scope, deliverables, in presentations and process materials
- Gather, define and document product requirements, detailed process workflows, system specifications and test plans
- Track and report progress on project goals, deliverables and milestones
- Coordinate product development and delivery of solutions across departments
- Assist in the analysis of emerging trends, regulations and employer needs
- Support client consulting engagements with business analysis, project tracking and deliverable management
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Innovation Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of innovation analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for innovation analyst
- Coordinate cross-team delivery of centrally managed Innovation capabilities
- Train sales and operations staff on product enhancements and track the product roadmap for future capabilities
- Prepare various daily, weekly, and monthly reports for management as needed
- Assist in managing communication internally and externally on the SVP’s behalf
- Assist with project scheduling, meeting preparation, travel arrangements and calendar items
- Work with the business units to establish and foster a culture of sustaining innovation throughout the organization
- Support growth of Innovation culture at the institute through management of internal messaging, creation of collateral, & newsletter, innovation contests and creation and execution of other programs to build awareness that sustaining innovation is every employee’s responsibility
- Working closely with the Senior Director, Consumer Scientific Innovation, s/he will apply a high-level of scientific expertise and insights to identify and evaluate the best opportunities for value-generating collaborations (working together with internal scientific and commercial business partners), assist in developing an industry-leading portfolio of investment opportunities, and assist in cultivating a strong scientific reputation and a network of experts in the global innovation community
- Conducting initial technical screening of internally and externally sourced opportunities to evaluate strategic fit, quality of the science and/or technology and initial roadmap for further organizing and implementing due diligence assessments to thoroughly vet each opportunity, and coordinate with the broader team to align diligence activities with deal structure and business model discussions
- Serving as a member of deal teams to support the ongoing diligence activities, business case assessment and internal governance and approval processes
Qualifications for innovation analyst
- Employee benefits industry experience preferred
- High intellectual capability and achievement with intellectual curiosity
- Exceptional problem solving skills and a desire to make an impact
- Project management experience and/or training preferred
- System development skills including methodologies for software development, database design, and computer programming a plus
- Remarkable attention to detail
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Innovation Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for an innovation analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for innovation analyst
- Contributing to developing the JLABS ecosystem other incubators and accelerators to ensure that innovations created in those settings are appropriately evaluated, developed and leveraged
- Conducting actionable competitive landscaping to identify potential areas of investment opportunity by working with internal and external databases combined with internal CRM deal databases
- Analyzing specific potential new business opportunities related to market gaps, disruptive technologies, and shifts in behaviors – across a wide range of industries
- Driving execution of new business initiatives using a combination of product prototyping, modeling, financial analysis, incubation or business development capabilities
- Developing strategic partnerships with potential counter-parties on a global basis
- Executing on strategic opportunities (e.g., M&A)
- Scan, track, and trend global innovation trends, synthesizing for AIE’s needs
- Identify existing and increasingly influential key ecosystem participants and build meaningful relationships
- Provide regional analysis in support of AIE research, including key events and organizations (companies, government organizations, academics, non-profits, ) and other factors impacting a technology
- Regularly attend regional events, meet-ups, conferences and synthesize learnings for AIE
Qualifications for innovation analyst
- Knowledge and/or in depth understanding of technology concepts
- Familiarity with research methodologies
- Knowledge of and interest in project management methodologies and tools
- Ability to scan landscape for idea & opportunity generation
- Strong multi-tasking skills with the ability to effectively balance the needs of multiple initiatives in parallel
- Ability to work across multiple constituencies, including third parties, at multiple levels of the organization
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Innovation Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of innovation analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for innovation analyst
- Partner with the R&D Product Development organizations to understand their IoT and SaMD needs, help prioritize investments, develop use cases, generate processes, and develop overall solution requirements including application definition, integration, security, hardware, and system configurations
- Help facilitate AIE client visits by coordinating with key AIE partners and ecosystem stakeholders
- Support the operations scorecard/metrics of formal alliance partners
- Collect and analyze business intelligence on customers and competitors on a routine basis (weekly)
- Represent AIE externally through presentation, mentorship, and event participation and sponsorship
- Conduct business audit and review, analyze and report on financial results and key metrics - distilling/synthesizing key trends and assessing current and future business risk
- Participate in strategic data analysis and research and modeling for senior leadership
- Provide analytical support for forecasting, budgeting and long-range planning
- Fulfill ad-hoc analytical requests as needed
- Partners with counterparts in US/UK Strategy and Group Technology to identify external technology innovation needs over a long-term horizon
Qualifications for innovation analyst
- Ability to extrapolate consumer insights and interpret into requirements
- Advanced knowledge of Microsoft Office suite of applications (Word, PowerPoint, Excel, Project, and Visio), web-based applications and database capabilities
- Experience developing products and services for a membership-based professional association and for global audiences
- 1-3 years of related experience including identifying customer needs and translating into new products and services and product development lifecycle management or experience in strategy and innovation in a top tier consulting firm
- Advanced knowledge of the Firms Financial Systems (HANA, SAP, Essbase, dPlan, Excel, PowerPoint)
- Bachelor’s degree in Business, Engineering or Marketing
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Innovation Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of innovation analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for innovation analyst
- Strong experience with SQL and RDBMS
- Leads the development and execution of tech scouting exercises/strategies/briefs/white papers in energy technology innovations mapped against near term core business needs for the envisioned evolving energy ecosystem and utility of the future
- Assists in stage–gated experimentation process to move external technology from ideation through venture
- Builds long-term relationships with external companies/suppliers/universities/federal laboratories that are likely to develop technology solutions in energy technology innovation areas of interest
- Establishes in-depth knowledge of the capabilities of energy technology companies and ventures
- Aligns key energy technology companies/ventures’ capabilities with needs of US/UK core business and market innovation opportunities
- Promotes and sells external ideas/technologies to wide-range of internal stakeholders
- Serves as a key technology expert, partnering in collaborative external research/feasibility evaluations
- Transfers new technologies to core business with the objective of commercializing new technologies and applications quickly
- Conducts and/or leads the assessment of novel energy technologies/ solutions
Qualifications for innovation analyst
- 1+ years experience in innovation, consulting, marketing or banking a plus
- Expert proficiency in Microsoft Excel and presentation tools
- Full proficiency in any foreign language is a plus (especially Mandarin, Spanish, Portuguese)
- Global travel could be required
- Ability to successfully work on multiple tasks in a fast-paced environment with tight deadlines
- An advanced degree (MS, MBA, PhD, ) in a science-related discipline and/or an advanced degree with a record of high grades and test scores is preferred