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Innovation Business Development Jobs (NOW HIRING)

Reporting to the Head of Business Development & Plasma Affairs, the Strategy Manager oversees the Innovation vertical and collaborates closely with global stakeholders to ensure initiatives deliver ...

Career development and advancement opportunities Our Business Development Team Culture At Hibu, we celebrate diversity, innovation, and integrity. We're a team of passionate professionals who believe ...

Career development and advancement opportunities Our Business Development Team Culture At Hibu, we celebrate diversity, innovation, and integrity. We're a team of passionate professionals who believe ...

Reporting to the Head of Business Development & Plasma Affairs, the Strategy Manager oversees the Innovation vertical and collaborates closely with global stakeholders to ensure initiatives deliver ...

Career development and advancement opportunities Our Business Development Team Culture At Hibu, we celebrate diversity, innovation, and integrity. We're a team of passionate professionals who believe ...

Career development and advancement opportunities Our Business Development Team Culture At Hibu, we celebrate diversity, innovation, and integrity. We're a team of passionate professionals who believe ...

Career development and advancement opportunities Our Business Development Team Culture At Hibu, we celebrate diversity, innovation, and integrity. We're a team of passionate professionals who believe ...

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Innovation Business Development information

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$36.5K

$85.6K

$149K

How much do innovation business development jobs pay per year?

As of Jun 30, 2026, the average yearly pay for innovation business development in the United States is $85,602.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $100,000.00 per year, depending on experience, location, and employer.

What is Innovation Business Development?

Innovation Business Development is a strategic role focused on identifying, creating, and growing new business opportunities through innovative products, services, or partnerships. Professionals in this field work to bridge the gap between research and development and commercial success by bringing new ideas to market. They analyze industry trends, collaborate with cross-functional teams, and build relationships with internal and external stakeholders to drive growth. Their goal is to ensure that organizations stay competitive and relevant in a rapidly changing marketplace.

Is BDM higher than sales manager?

In most organizations, a Business Development Manager (BDM) focuses on identifying new business opportunities and building strategic partnerships, while a Sales Manager oversees sales teams and manages client relationships. The hierarchy depends on the company's structure, but BDM roles are often considered senior or specialized positions that may report to higher executives, whereas Sales Managers typically manage sales teams directly. The specific level varies by company and industry.

How does an Innovation Business Development professional typically collaborate with cross-functional teams to drive new initiatives?

In Innovation Business Development, professionals frequently work alongside teams from R&D, marketing, finance, and operations to evaluate and implement new business opportunities. This collaboration often involves facilitating brainstorming sessions, aligning on strategic objectives, and ensuring clear communication between departments. By leveraging diverse expertise, Innovation Business Development specialists help transform innovative ideas into viable products or services, navigating challenges such as resource allocation and market fit. Effective teamwork is essential for moving projects forward and achieving organizational growth.

What is the role of innovation in business development?

In innovation business development, the role involves identifying and implementing new ideas, products, or processes to drive growth and competitive advantage. It requires skills in market analysis, strategic planning, and collaboration to develop innovative solutions that meet customer needs and expand market share.

What is the difference between Innovation Business Development vs Product Manager?

AspectInnovation Business DevelopmentProduct Manager
Primary FocusIdentifying new business opportunities and driving innovation strategiesOverseeing product lifecycle, development, and market fit
Skills & CredentialsBusiness development, strategic thinking, industry knowledgeProduct management, technical understanding, user experience
Work EnvironmentCross-functional teams, strategic planning sessionsDevelopment teams, marketing, customer feedback sessions
Industry UsageBusiness strategy, innovation labs, startupsTech companies, manufacturing, software firms

While both roles focus on growth and innovation, Innovation Business Development emphasizes exploring new markets and partnerships, whereas Product Managers concentrate on developing and managing specific products to meet customer needs.

Is being a BDM a stressful job?

Business Development Managers (BDMs) often face stress due to targets, client negotiations, and managing multiple projects simultaneously. Success in this role requires strong communication, time management, and resilience, but workload and pressure levels can vary by company and industry.

What are the key skills and qualifications needed to thrive as an Innovation Business Development professional, and why are they important?

To thrive as an Innovation Business Development professional, you need strong analytical thinking, strategic planning abilities, and a background in business or related fields, often supported by a degree such as an MBA. Familiarity with market research tools, CRM platforms like Salesforce, and innovation management frameworks is typically expected. Excellent communication, creativity, and relationship-building skills help you drive collaboration and adapt to changing market demands. These skills enable professionals to identify new opportunities, foster partnerships, and successfully launch innovative solutions in competitive markets.

What are the top 5 skills for business development?

For an Innovation Business Development role, key skills include strategic thinking, strong communication, relationship-building, market research, and sales proficiency. Familiarity with industry trends and the ability to identify growth opportunities are also essential. These skills enable professionals to develop innovative strategies and expand business opportunities effectively.
More about Innovation Business Development jobs
What are the most commonly searched types of Innovation Business Development jobs? The most popular types of Innovation Business Development jobs are:
Senior Director Business Development & Innovation

Senior Director Business Development & Innovation

Dairy Management Inc.

Rosemont, IL โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 7 days ago


Job description

In-office Tuesday through Thursday; visa sponsorship and relocation are not available for this position.
People. Planet. Community.
Dairy's journey starts on the farm, and the road we travel demonstrates our unwavering commitment to sustainable nutrition, as our farmers provide lasting and meaningful nourishment to people, the planet and our communities, both urban and rural.
We are a nonprofit organization located in the greater Chicagoland area and we're always looking for talented people to join our team who share the passion and motivation to promote the goodness of dairy.
Position Summary
The Business Development & Innovation professional at Dairy Management Inc. (DMI) will lead key strategies that drive incremental category growth and trust in U.S. Dairy. This role plays a central part in accelerating dairy demand by scaling impact through partnerships, inspiring disruptive investment in dairy innovation, and collaborating to increase the reach, usage, and frequency of dairy consumption both domestically and internationally.
This position oversees strategic partnerships with major foodservice, retail, and consumer packaged goods (CPG) companies. The Senior Director will guide cross-functional teams to explore, build, and commercialize new dairy growth platforms, integrated marketing programs, and breakthrough innovations across these channels. In addition, the role is responsible for broad industry outreach-engaging brands and processors to elevate their understanding of dairy's growth opportunities. This includes participating in top-to-top conversations with leading companies and representing U.S. Dairy at major global events such as Natural Products Expo, IDFA Forum, and the National Restaurant Show.
The overarching objective of the Partnerships & Growth Platforms team is to deliver dairy-centric innovation-including new products, packaging, menu concepts, and brand marketing-that generates incremental dairy sales for both industry and partners. In addition to driving sales, the role will help build trust in dairy by collaborating with partners to activate programs focused on responsible production, nutrition, community impact, and the taste and enjoyment of dairy.
Externally, the role engages with C-suite leaders of our partners and dairy industry innovation, marketing, and corporate social responsibility teams. Internally, it collaborates closely with DMI experts across research and development, nutrition science, strategic intelligence, marketing communications, and sustainability teams to ensure alignment, excellence, and measurable impact.
Responsibilities
  • Collaborate with individual partners to create dairy sales growth goals, strategies, tactics, measurements and budgets.
  • Drive success and provide day-to-day oversight of sales and trust initiatives including:
    • New product and/or menu innovation process (ideation, concept development, validation, P&L development, go/no go, launch, ROI)
    • Marketing and brand innovation including packaging, advertising, PR, etc.
  • Working with and through industry companies to inform, educate and help stimulate dairy growth.
  • Lead DMI cross-functional partner team, including R&D, New Product Development, Strategic Intelligence, Nutrition Science, Marketing Communications and Finance to build and lead partner and industry outreach presentations.
  • Become an expert on the dairy industry value chain as well as DMI capabilities to help inform brands and processors.
  • Build strong working relationships with key staff at partner and industry companies including Marketing, R&D, Supply Chain, NPD, communications, etc.
  • Evaluate sales, market and ROI impact of partnership and industry programs.
  • Lead key presentations internally at DMI to farmer committees and board of directors and externally at key industry events and to senior management at targeted companies.

Requirements
Qualifications:
Education & Experience
Bachelor's degree required in business, marketing or related field; MBA preferred.
7 years+ in food industry CPG or other food industry B2C marketing management
Proven success in:
o Developing annual and strategic marketing/business plans to deliver results
o Leveraging data and insights, to identify consumer needs, and to identify business growth opportunities
o Leading innovation stage gate, including concept development and commercializing new products.
o Leading cross-functional teams, including agencies and other external resources, to achieve business results.
o Proven success presenting to senior management and/or other industry events.
o Leading the development of integrated consumer marketing programs which include media and advertising.
Skills & Abilities
Strong strategic thinking and business acumen
Strong team leadership and people management skills
Strong verbal and written communication skills in addition to presentation skills
Strong work ethic and integrity; a good representative of farmer values
Able to travel 25-30%
New Hire Salary Range: $135,000-$185,000. This is a salary range that DMI believes, at the time of this posting, that it might be willing to pay for the posted job in the location specified.
Benefits
We know that in order to meet our goal of growing dairy demand, we need the best people. We offer competitive compensation and generous benefits to help our employees balance their work and personal lives. Our office is conveniently located, taking less than 10 minutes to walk from CTA's Blue Line Rosemont station. We offer regular and chocolate milk on tap.
Our comprehensive health and welfare plans offer medical, dental, vision, paid parental leave, life, short-term and long-term disability and flexible spending accounts (health care, dependent care, transit and parking). Our 401k provides up to a 10% match and includes a Roth account. DMI reserves the right to change or end its benefits plans or programs at any time.
Dairy Management Inc.โ„ข is proud to be an Equal Employment Opportunity Employer committed to the principles of diversity. Qualified applicants will receive consideration for employment without regard to race, color, religion, ethnicity, sex, disability, age, sexual orientation, gender identity, protected veteran status, or any other characteristic protected by applicable law.
ABOUT DAIRY MANAGEMENT INC.
Dairy Management Inc.โ„ข (DMI) is funded by America's nearly 28,000 dairy farmers, as well as dairy importers. Created to help increase sales and demand for dairy products, DMI and its related organizations work to increase demand for dairy through research, education and innovation, and to maintain confidence in dairy foods, farms and businesses. DMI manages National Dairy Council and the American Dairy Association, and founded the U.S. Dairy Export Council and the Innovation Center for U.S. Dairy. DMI works with state and regional promotion organizations to implement these programs across the country.
We regret it is not possible to communicate with candidates except those who most closely match our requirements. Thank you.