Innovation Consultant

AGR has secured the exclusive mandate to set up and manage a Global Capability Centre (GCC) in India for our client Merak Capital (). The Innovation Consultant role will be a part of this GCC. Merak Capital is a technology investment firm licensed by the Capital Market Authority of Saudi Arabia and based in Riyadh. It manages Venture Capital and Private Equity funds, with investments from across the region in various technology verticals such as FinTech, Logistics, E-Commerce, and others.

Role Overview:

The Innovation Consultant will support the design, development, and execution of innovation projects, including accelerators, incubators, hackathons, and internal and open innovation programs. This role involves conducting in-depth research, developing detailed proposals, and providing insights to guide the execution of impactful programs. Additionally, the Innovation Consultant will contribute to the development of new services and solutions that align with client needs and industry trends.

Responsibilities:

1. Program Development and Support:

• Assist in designing innovation programs such as accelerators, incubators, and hackathons, focusing on both internal and open innovation.
• Develop detailed program proposals, including objectives, timelines, budgets, and success metrics.
• Conduct benchmarking and analysis to ensure programs align with best practices and industry standards.

• Perform research to identify trends, best practices, and emerging methodologies in innovation.
• Analyze findings to provide actionable insights for program development and new service offerings.
• Support the creation of innovation-related frameworks, methodologies, and tools.

3. Consulting on Innovation Services:

• Collaborate with internal teams to identify opportunities for developing new innovation services.
• Provide recommendations on services that can address client needs and enhance the organizations offerings.
• Prepare detailed service proposals, outlining the scope, value proposition, and implementation strategy.

• Assist in designing and planning ideation and prototyping sessions as part of internal or external programs.
• Support the development of tools and materials required to facilitate innovation processes.

• Define KPIs for innovation programs and services.
• Develop systems to track program outcomes and measure their success and impact.
• Prepare reports summarizing program results, insights, and recommendations for improvement.

Required Skills and Competencies:

• Strong research, analytical, and organizational skills.
• Creative problem-solving with an ability to explore and propose innovative solutions.
• Proficiency in developing professional proposals, presentations, and reports.
• Familiarity with innovation methodologies (e.g., Design Thinking, Lean Startup).
• Attention to detail and ability to manage multiple projects simultaneously.
• Strong written communication skills in English are a must, and Arabic is preferred.

Qualifications:

• Bachelors or Masters degree in Business, Innovation, Design, or a related field.
• 6+ years of experience in innovation consulting, program development, or a related field.
• Experience with innovation program design (accelerators, incubators, hackathons) is a plus.
• Strong interest in entrepreneurship, innovation, and emerging technologies.