Strategy & Consulting

Innovation Manager

SOC 11-1021.00 · ESCO 1223 · OSCA 131239

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Role snapshot

Overview

Scouts emerging trends and facilitates the development of new ideas within an established organisation, running workshops, pilots, and proof-of-concept projects. This role involves building a strategic pipeline from early-stage concepts through to viable business initiatives, driving growth, and fostering a culture of innovation across departments.

Drives future growth, competitive advantage, and cultural transformation within an organization by continuously introducing and commercializing novel products, services, or processes.

On the job

  • Identify and evaluate emerging market trends, technologies, and customer needs.
  • Develop and manage the innovation funnel, overseeing projects from ideation to commercialization.
  • Lead and collaborate with cross-functional teams to develop and test new concepts.
  • Facilitate innovation workshops and brainstorming sessions to generate creative solutions.
  • Present strategic business cases and progress reports to senior leadership and stakeholders.
Innovation Manager at work

Tools & technology

MiroJiraMicrosoft PowerPointSalesforceMural

Average salary

$140K
MEDIAN SALARY Annual · USD
$100K Bottom 10%
$180K Top 10%

Job outlook

Growing

Job growth is expected to be above average over the next five years.

Education & training

Bachelor's or Master's degree in Business Administration, Engineering, Marketing, or a related field; often supplemented by innovation-specific certifications.

Career pathways

WHERE YOU COULD GO

Director of Innovation
Chief Innovation Officer (CINO)

CURRENT ROLE

Innovation Manager

Strategy & Consulting

ADJACENT MOVES

Strategy Consultant
Product Manager
Strategy Analyst
Business Development Manager

STARTING POINTS

Who thrives here

Interest profile

E

enterprising · ECI

People who enjoy leading strategic initiatives, engaging with diverse stakeholders, and applying structured thinking to develop new ideas tend to thrive in this role. It combines a drive for business outcomes with analytical and collaborative skills.

Personality characteristics

Curious

Driven to explore new ideas, technologies, and market opportunities to identify potential for innovation.

Strategic

Plans and executes innovation initiatives with a clear vision, structured approach, and focus on business outcomes.

Influential

Effectively communicates and persuades diverse stakeholders to adopt new concepts and support innovation projects.

Collaborative

Works well with and empowers cross-functional teams to foster a culture of shared innovation and collective problem-solving.

Resilient

Maintains composure and adapts quickly to setbacks, ambiguity, and the iterative nature inherent in innovation processes.

Best for

  • Individuals passionate about driving future growth and challenging existing paradigms within an organization.
  • Professionals who thrive in dynamic, fast-paced environments and enjoy leading complex, strategic projects.
  • Those who excel at translating abstract ideas into concrete, viable business initiatives and fostering a culture of creativity.

Watch out for

  • Requires a high tolerance for ambiguity, uncertainty, and the potential for project failures inherent in innovation.
  • Involves frequent presentations, cross-functional negotiation, and managing diverse expectations.
  • Can be demanding in terms of continuously keeping up with rapid technological and market changes.

A week in the life

A representative working week for a Innovation Manager — where the deep work, meetings, and admin actually land.

8am9am10am11am12pm1pm2pm3pm4pm5pm6pm
Mon
Daily Standup
Strategic Planning & Trend Analysis
Innovation Project Review
Email & Administrative Tasks
Tue
Design Thinking Workshop Prep
Innovation Workshop Facilitation
Stakeholder Alignment Meeting
Idea Incubation & Prototyping
Wed
Market Research & Competitor Analysis
Cross-functional Team Sync
Mentoring & Coaching Junior Innovators
Documentation & Reporting
Thu
Business Case Development
Leadership Presentation Rehearsal
External Partnership Discussion
Strategic Reading & Continuous Learning
Fri
Follow-ups & Action Item Prioritization
Team Brainstorming Session
Innovation Pipeline Management
Deep work Meeting External Social Admin

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