Business Associate for Growth Ventures
Salt group has a #Bold2025 strategy that calls for ?going beyond salt?. This implies, strengthening the core, extending the core and going beyond our current business model. The core businesses are organized into Water Quality, Road Safety and Food. To realize this ambitious strategy the group is standing up a Growth Ventures business, that will lead core capabilities of marketing, pricing, strategy, business development, portfolio management, and lead creation of an innovation model, bring the innovation to market & creating new businesses.
?Business Associate will lead/work on innovation projects that are intended to build new businesses or create new business models. These projects will be run like a startup and will require the associate to wear multiple hats that include opportunity analysis, project management, product/business model design, commercialization & publishing results. Principal Accountabilities65% Building products and working on projectsCo-leading/provide significant contribution to high potential & business model innovation projectsTaking the project through commercialization and either scaling to become a stand-alone business or transition it to one of the three existing businessesSpearheading one or more of the following areas of the venture (Planning, business model design, product design, feature testing, business development & commercialization, etc)Provide agility to the project by applying lean startup methodologyCollaborating across Growth Ventures and Businesses to leverage resources?25% Opportunity Analysis Analyzing market-size and opportunity to win for ideasGuiding market insights lead & analysts from the three businesses to get the analysis neededIdentifying other data and analysis needs & working on them to gain insightsLead financial analysis of the selected ideaCreatively modelling scenarios for the business models that maybe new to the businesses/world10% Project decisionDevelop an investor/innovation-board presentation (Startup style) and ensure stakeholders are aware of the progress of the projectPitch for additional funding (time & money from the board) if neededAssess success/failure and make recommendations to continue, park or kill the projectEvangelize success and create enthusiasm in the business around innovation#LI-KL1Skills:
Required?Bachelor?s degree with demonstrated superior
academic achievement.5 years of experience or3 years of experience with an MBACommercial acumen and strategic foresightPassion for building something new and ability
to deal with the initial stage ambiguityAbility to zoom-in (get hands dirty)/zoom-out
(create strategic discussions) as neededAble to incorporate technology in solutionsAgile and action orientedEffective interpersonal, collaboaration and
influencing skillsAnalyticalAbility to Travel up to 10%.