Innovation Portfolio Manager

RELX; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Join a dynamic team as an Innovation Portfolio Manager at a leading company. In this strategic role, you will oversee a diverse portfolio of over 20 innovation initiatives, applying stage-gate methodologies and performance metrics to enhance project success aligned with revenue goals. Your expertise in market assessment and collaboration with cross-functional teams will drive innovation, ensuring informed decision-making and alignment with company objectives. The ideal candidate possesses a strong background in business administration, with experience in portfolio management and a commitment to fostering a culture of continuous improvement.

Benefits

Dutch Share Purchase Plan

Annual Profit Share Bonus

Comprehensive Pension Plan

Home, office or commuting allowance

Generous vacation entitlement

Flexible working hours

Various employee discounts

Work from anywhere

Employee Assistance Program (global)

Wellbeing programs and gym facility

Qualifications

• 5+ years of experience in portfolio or innovation management.
• Strong understanding of stage-gate processes.
• Track record of managing multiple projects simultaneously.

Responsibilities

• Oversee and manage a diverse portfolio of innovation initiatives.
• Develop, track and report on key performance indicators.
• Collaborate with cross-functional teams to ensure initiative success.

Skills

Analytical skills

Communication

Problem-solving

Project management

Education

Bachelor's degree in Business Administration, Innovation Management or related field

Master's degree preferred

Tools

Project management tools

Innovation management software

Job description

Innovation Portfolio Manager

Are you an innovative person?

About Us:

Elsevier’s A&G Solutions is a forward-thinking organization committed to driving innovation and delivering cutting-edge solutions to our customers in the Academic and Government sector. Our mission is to create value through innovative initiatives that address market needs and enhance our competitive position. We are seeking a talented and strategic Innovation Portfolio Manager to join our dynamic team.

About Role:

The Innovation Portfolio Manager will play a crucial role in overseeing a diverse portfolio of 20+ innovation initiatives. This individual will apply a consistent process for assessing the commercial potential of each initiative and implementing stage-gate methodologies to determine the appropriate allocation of resources. The Innovation Portfolio Manager will also be responsible for providing and monitoring performance metrics for individual initiatives, as well as the overall portfolio, ensuring alignment with the company’s revenue goals.

Key Responsibilities:

• Portfolio Management:Oversee and manage a diverse portfolio of innovation initiatives, ensuring they are aligned with the company’s strategic objectives and revenue goals.
• Stage-Gate Process:Implement and maintain a robust stage-gate process to assess the commercial potential of initiatives at various stages of development, providing recommendations for resource allocation.
• Performance Metrics:Develop, track, and report on key performance indicators (KPIs) for individual initiatives and the overall portfolio to evaluate progress, success, and alignment with business objectives.
• Market Assessment:Conduct market research and analysis to identify trends, opportunities, and competitive positioning for innovation initiatives, ensuring informed decision-making.
• Cross-Functional Collaboration:Collaborate with cross-functional teams including R&D, marketing, finance, and operations to ensure successful execution and scaling of initiatives.
• Risk Management:Identify potential risks associated with initiatives and develop mitigation strategies to address them proactively.
• Stakeholder Communication:Communicate portfolio performance, insights, and recommendations to senior leadership and stakeholders, ensuring transparency and alignment across the organization.
• Continuous Improvement:Foster a culture of innovation by identifying best practices, lessons learned, and opportunities for enhancing the innovation process and portfolio management.

Requirements

• Bachelor’s degree in Business Administration, Innovation Management, or a related field; Master’s degree preferred.
• 5+ years of experience in portfolio management, innovation management, or product development, preferably in [industry/sector].
• Strong understanding of stage-gate processes and metrics used to assess innovation initiatives.
• Proven track record of successfully managing multiple projects and initiatives simultaneously.
• Excellent analytical and problem-solving skills, with the ability to interpret data and make data-driven decisions.
• Strong communication and interpersonal skills, with the ability to work effectively with diverse teams and stakeholders.
• Experience in market analysis and understanding of commercial viability and revenue generation principles.
• Proficiency in project management tools and innovation management software.

Work in a way that works for you

We promote a healthy work/life balance across the organisation. We offer an appealing working prospect for our people. With numerous wellbeing initiatives, shared parental leave, study assistance and sabbaticals, we will help you meet your immediate responsibilities and your long-term goals.

• Working flexible hours - flexing the times when you work in the day to help you fit everything in and work when you are the most productive

Working for you

We know that your well-being and happiness are key to a long and successful career. These are some of the benefits we are delighted to offer:

• Dutch Share Purchase Plan
• Annual Profit Share Bonus
• Comprehensive Pension Plan
• Home, office or commuting allowance
• Generous vacation entitlement and option for sabbatical leave
• Maternity, Paternity, Adoption and Family Care leave
• Flexible working hours
• Personal Choice budget
• Variety of online training courses and career roadshows
• Wellbeing programs and gym facility in the office
• Internal communities and networks
• Various employee discounts
• Recruitment introduction reward
• Work from anywhere
• Employee Assistance Program (global)
• Annual Event

About Data Science at Elsevier

Elsevier is one of the world’s leading publishers of trusted scientific, technology, and medical content. Building on that foundation of content, we leverage data science and AI to deliver knowledge and analytics products that advance science and improve healthcare outcomes. Therefore, an efficient, streamlined, and optimized data science development process is key to sustaining innovation and business growth, especially with the opportunities ahead with GenAI. Elsevier is committed to adhere to our RELX Responsible AI Principles, for the development and deployment of all of our AI solutions.

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Elsevier is an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law. We are committed to providing a fair and accessible hiring process. If you have a disability or other need that requires accommodation or adjustment, please let us know by completing our Applicant Request Support Form: https://forms.office.com/r/eVgFxjLmAK , or please contact 1-855-833-5120.

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