Chief Innovation Officer

TheHiveCareers; Madhya Pradesh; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

TheHiveCareers is seeking a Chief Innovation Officer to drive enterprise-wide innovation, identify growth opportunities, and foster a culture of experimentation. You will lead the development of new products and partnerships to ensure long-term competitiveness.

The role requires 15-20+ years of leadership experience, a strong track record of launching new ventures, and a deep understanding of digital technologies and market trends. MBA is preferred.

Qualifications

• Bachelor's degree in Business, Technology, Engineering, or related field (MBA preferred).
• 15-20+ years of experience in innovation, strategy, product, or technology leadership.
• Proven track record of launching new products or business models.
• Experience working with startups, ecosystems, or venture initiatives.
• Strong understanding of digital technologies and market trends.

Responsibilities

• Define and execute the organization's innovation strategy aligned with business goals.
• Identify emerging trends, technologies, and market disruptions.
• Advise executive leadership on future growth opportunities.
• Lead ideation, incubation, and scaling of new products, services, and ventures.
• Explore new revenue streams, including digital and platform-based models.
• Drive concept validation through pilots, MVPs, and rapid experimentation.
• Establish and manage innovation labs, accelerators, and incubators.

Skills

Strategic thinking

Creative problem solving

Leadership

Cross-functional collaboration

Change management

Education

Bachelor's degree

MBA preferred

Job description

Job Title: Chief Innovation Officer (CInO) Role Summary

The Chief Innovation Officer is responsible for driving enterprise-wide innovation, identifying new growth opportunities, and fostering a culture of experimentation. This role leads the development of new products, services, business models, and partnerships to ensure long-term competitiveness and market differentiation.

Key Responsibilities

1. Innovation Strategy & Vision
   Define and execute the organization's innovation strategy aligned with business goals
   Identify emerging trends, technologies, and market disruptions
   Advise executive leadership on future growth opportunities
2. New Product & Business Model Development
   Lead ideation, incubation, and scaling of new products, services, and ventures
   Explore new revenue streams, including digital and platform-based models
   Drive concept validation through pilots, MVPs, and rapid experimentation
3. Innovation Programs & Labs
   Establish and manage innovation labs, accelerators, and incubators
   Implement structured innovation frameworks (design thinking, lean startup)
   Run hackathons, innovation challenges, and internal idea programs
4. Emerging Technology & Partnerships
   Evaluate and adopt emerging technologies (AI, blockchain, IoT, etc.)
   Build partnerships with startups, universities, and technology providers
   Lead corporate venture and open innovation initiatives
5. Culture & Change Management
   Foster a culture of innovation, agility, and experimentation
   Promote cross-functional collaboration and idea sharing
   Drive organizational change toward a growth and innovation mindset
6. Portfolio Management & Governance
   Manage innovation portfolio, prioritization, and funding allocation
   Track KPIs such as ROI, time-to-market, and innovation pipeline health
   Ensure alignment with enterprise strategy and risk frameworks
7. Commercialization & Scaling
   Transition successful pilots into scalable business solutions
   Work with product, technology, and business teams to operationalize innovations
   Measure and communicate business impact of innovation initiatives

Qualifications & Experience

Bachelor's degree in Business, Technology, Engineering, or related field (MBA preferred)

15-20+ years of experience in innovation, strategy, product, or technology leadership

Proven track record of launching new products or business models

Experience working with startups, ecosystems, or venture initiatives

Strong understanding of digital technologies and market trends

Key Competencies

Strategic and forward-thinking mindset

Creativity and problem-solving ability

Strong business and commercial acumen

Leadership and influence across functions

Ability to drive change and cultural transformation

Originally posted on Himalayas