Business Growth- Research & Development Manager

Job Description: Business Growth Research & Development (R&D) Manager

Position Overview:

The Business Growth Research & Development (R&D) Manager is responsible for driving innovation, identifying new business opportunities, and enhancing the organization's competitive edge through research and strategic development. This role involves market analysis, trend forecasting, product/service development, and collaboration with cross-functional teams to implement growth initiatives. The ideal candidate will have a strong blend of analytical skills, business acumen, and innovative thinking to support long-term sustainability and expansion.

Key Responsibilities:

1. Business Growth Strategy & Market Research:
   Conduct in-depth market research to identify new business opportunities, trends, and competitive landscapes.
   Analyze customer needs, industry developments, and emerging technologies to inform growth strategies.
   Develop business models, feasibility studies, and strategic roadmaps for expansion.
2. Research & Development (R&D):
   Lead R&D initiatives to enhance existing products/services or develop new ones.
   Collaborate with product development, sales, and marketing teams to align R&D efforts with business objectives.
   Evaluate new technologies, partnerships, and investment opportunities to drive innovation.
3. New Business Development & Partnerships:
   Identify and develop strategic alliances, partnerships, and collaborations.
   Support mergers, acquisitions, and joint ventures that align with the company's growth vision.
   Negotiate contracts and agreements to secure business expansion opportunities.
4. Data Analysis & Performance Measurement:
   Utilize data analytics and market intelligence to measure the effectiveness of growth initiatives.
   Develop KPIs and performance metrics to track progress and optimize strategies.
   Present insights and recommendations to senior management for informed decision-making.
5. Process Improvement & Innovation Management:
   Foster a culture of innovation and continuous improvement within the organization.
   Implement R&D best practices to improve operational efficiency and cost-effectiveness.
   Drive digital transformation and automation strategies where applicable.

Qualifications & Skills:

• Education: Bachelor's or Master's degree in Business Administration, Marketing, Economics, Engineering, or a related field.
• Experience: Proven experience in business growth, R&D, market research, or corporate strategy.
• Technical Skills:
  • Proficiency in data analytics tools (e.g., Power BI, Tableau, Google Analytics).
  • Familiarity with R&D methodologies and business model innovation.
• Soft Skills:
  • Strong analytical, problem-solving, and critical-thinking abilities.
  • Excellent communication, negotiation, and leadership skills.
  • Ability to work cross-functionally and drive collaboration between teams.
• Industry Knowledge: Understanding of industry-specific market trends, regulatory landscapes, and competitive forces.