Our Chief Innovation Officer will play a critical role in finding relays of growth for the Group, driving change, instilling and cultivating innovation capabilities within the group and a people-centric innovation culture.
You will need to set the right innovation strategy, and a strategy for each of these departments, as well as understand the Chalhoub Group, its current dynamics, pain points and future-looking potential.
You will need to garner both financial and operational support from key stakeholders both internal and external and enable your teams to take ownership of their brands, and make good of the milestones and budgets set by themselves for their success.
You will foster a culture of innovation, within your teams and within the Group, in order to attract successful innovators and entrepreneurs.
Responsibilities and Duties
Full management responsibility of diverse departments, including but not limited to : Greenhouse & Ibtikar, The Beauty Makers, The Fashion Makers (To Be Created) and Corporate Innovation (To Be Created).
Developing a holistic innovation strategy for the Chalhoub Group and a strategy for each of your departments long and short-term with key objectives and KPIs for each direct report and brand owner
Setting milestones and timelines to be respected for the right achievement of long-term goals
Garnering support from business stakeholders, such as fellow C-level executives, employees, customers and business partners
Finding smart money and the right funding internal and external to support the innovation drive of the Group
Creating a portfolio of winning brands, concepts and innovations and a roadmap to fill a healthy pipeline & drive growth across the SGII team
Introducing and overseeing new startups and innovations as they are presented to the market and group
Assessing competition and maintaining overall market awareness and forward looking intelligence
Ensuring innovation provides value to customers and cultivates long-term relationships with those customers
Driving clear strategic innovation plans in collaboration with relevant team members
Supporting the Strategy & Growth team with its priorities and reorganizing the Innovation team in order to prioritize answering to these priorities
Creating speedboat models to conduct specific missions and penetrate specific priority segments & markets
Establishing the right partnerships outside the Group to nurture our growth with the innovation global ecosystem
Building a winning roadmap to look for new companies, new brands, new segments, and new industries where the Group can invest to establish a first-mover advantage, with little to no territorial limitations
Prioritizing projects to meet timelines efficiently, to adapt to changes in priorities quickly, and to structure and manage multiple initiatives simultaneously with a focus on a drive to completion and tangible impact
Establishing the Chalhoub Group as a recognized Innovation leader among industry groups
People Management :
Building a strong network of connections outside the Group who can support collaboration and provide valuable feedback innovation processes
Establishing clear processes for generating ideas, and empower teams to learn and perform at their highest potential while embracing diverse thinking
Evaluating and balancing risk / reward for innovation and organizational objectives
Putting together financial and non-financial motivational tools, to cater for alignment between Group-wide objectives and personal / start-up objectives
Supporting staff development and nurturing talents
Building a high performing culture and bring the teams together to achieve common goals
Instilling an entrepreneurial culture and a people-centric innovation drive to your teams, your peers and the Group
Championing change management
Required Profile :
Master of Business Administration from a top-10 Business School
Backgrounds in finance, project management, business development and strategy are recommended.
Strong business judgement and decision-making skills
Demonstrated success in innovation
Ability to define and nurture a culture of innovation
Working in a leadership role
Must possess an inquisitive, entrepreneurial and creative mind.
Independent and self-directed while able to work and lead a team of creative individuals.
Strong leadership skills to develop a high performing team
Superior ability to track and predict trends
Must be able to financially predict the investment and financial requirements to get to the next decision-making assessment point
Balancing the emotional intelligence and detachment to fail fast when required
Must be able to work creatively within a budget
Strong business knowledge and acumen, understanding a variety of business practices, and familiarity within the retail industry
Excellent ability to collaborate with executive teams and many different internal and external stakeholders, and garner financial & operational support
Must have excellent interpersonal skills and the ability to persuasively sell ideas.
Must be willing to take the right risks, while manage expectations of all stakeholders involved, with a clear roadmap, milestones and investment points
Required Experience and Qualifications
Graduation : Master's Degree( Required )
Proficient in English( Required )