Innovation Product Manager

1 month ago

Toronto, Ontario, Canada Canadian Tire Corporation Full time
Job Title: Innovation Product Manager

We are seeking an experienced and highly motivated Innovation Product Manager to join our AI and Emerging Technology team at Canadian Tire Corporation. This role is crucial in driving the development and implementation of cutting-edge retail products and capabilities that leverage AI and emerging technology.

Key Responsibilities:
  • Support the development and management of a robust pipeline of innovation products and emerging capabilities that are aligned with the organization's strategic objectives.
  • Manage the delivery of innovation products in the AI and Emerging Technology funnel from initial ideation to pilot.
  • Define and articulate a clear vision and strategy for each innovation product.
  • Conduct market research, competitive analysis, and customer interviews to identify opportunities and validate product concepts.
  • Perform in-depth analysis of the business value of each product and capability, evaluating the desirability, feasibility, and viability of proposed solutions.
  • Communicate product vision, strategy, business value, designs, and progress to stakeholders, including executives, technical teams, and other stakeholders.
  • Lead cross-functional teams through the entire innovation lifecycle, from ideation and design to development, launch, and post-launch optimization.
  • Ensure innovation initiatives adhere to timelines, budgets, and quality standards. Apply design thinking methodologies to ensure products are user-centered and deliver target business value.
  • Facilitate workshops and co-creation sessions to gather insights and drive innovation.
  • Build and maintain strong relationships with internal and external stakeholders to ensure alignment and support for innovation initiatives.
  • Act as the primary point of contact for all innovation initiatives. Collaborate with marketing, communications, customer insights, and support teams to ensure successful pilot launches, adoption, and testing.
  • Define and track key product performance metrics to measure innovation success and impact.
  • Foster a culture of innovation and continuous improvement within the cross-functional innovation team and broader organization.
  • Stay current with industry trends, best practices, and emerging technologies to drive innovation. Capture and document lessons learned from product initiatives to inform future projects.
Requirements:
  • Bachelor's or Master's degree or equivalent experience in Computer Science, Engineering, Business, or a related STEM field.
  • Advanced degrees or certifications in product management, design, or innovation are highly desirable.
  • Minimum of 5 years of experience in product management, with a focus on emerging technology and innovation.
  • Proven track record of successfully leading projects from inception to completion, including PoCs, prototypes, and pilots.
  • Strong understanding of AI, machine learning, and emerging technologies.
  • Proficiency in project management tools and methodologies, and design thinking and agile development practices.
  • Strong leadership and team-building skills, with the ability to motivate and guide cross-functional teams.
  • Excellent project planning, execution, and monitoring skills.
  • Ability to manage multiple products and projects simultaneously and prioritize tasks effectively.
  • Strong problem-solving and decision-making abilities.
  • Passion for innovation and emerging technologies.
  • High ethical standards and integrity in managing innovation initiatives and stakeholder relationships.

We value flexibility and have adopted a hybrid work model whereby employees use a combination of working in office and virtually in service of outcomes. Each leader is empowered to decide what work is best achieved in person based on the unique needs of their team.

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