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Capstone · 2 weeks ago

Senior Director of New Product Innovation and Growth

Minneapolis, MN

Full-time

Hybrid

Director/Executive

$148K/yr - $223K/yr

10+ years exp

Capstone is a mission-driven company focused on literacy and educational publishing. They are seeking a Senior Director of New Product Innovation and Growth to lead the development and launch of new digital products aimed at enhancing literacy skills for kids and generating significant revenue.

Publishing

Work & Life Balance

No H1B

Responsibilities

Drive the development, launch, and go-to-market activities for new products. Including the initial innovation and design cycles through product development, launch, and successful market adoption. Key activities include:

Implementing and owning responsibility for a structured product innovation process, with rapid iterative product prototyping, feedback, and market analysis cycles

Hands-on product development work and user and market research – with a mix of independent work and cross-functional collaboration with design, engineering, content, finance, and sales team members

Assessing partnership and “build vs. buy” opportunities

Creating a business case for a product and market target that will generate $5M in new revenue for Capstone in 3 years

Defining success metrics during the innovation process and post-launch phases, including product impact/outcomes, user engagement, market adoption, and revenue goals

Defining, hiring, and managing the development and go-to-market teams required for different phases of the product and go-to-market build out

P&L accountability for the new product post-launch

Qualification

Product innovationBusiness developmentContent strategyAnalytical skillsProduct managementStrategic thinkingRisk managementCommunication skillsLeadershipCollaboration

Required

Bachelor's degree in Business, Marketing, Education, Media, or a related field; MBA or advanced degree preferred

10+ years of experience in product innovation and management, business development, or content strategy

5+ years of experience successfully building and scaling new products, ventures, or businesses with direct ownership of outcomes

Demonstrated experience in identifying growth opportunities and launching product from concept to commercialization, with at least one example of a product generating $3+ in revenue

Strong analytical and strategic thinking skills, with the ability to translate data into actionable insights

Hands-on product development/management experience. Content development experience a plus

Comfortable operating in a fast-paced, ambiguous, high-pressure environment with significant executive visibility

A collaborative, energetic, and dynamic leader who is comfortable working both independently and in teams; navigating ambiguous situations; and supporting change initiatives

Excellent communication and presentation skills, with experience working with executive leadership

This position requires some travel (Up to 10%)

Pre-Employment Background Check Required

Employment Authorization: At this time Capstone unfortunately cannot sponsor or take over sponsorship of an employment visa. To be considered for one of our roles, applicants must be authorized to work in the United States

Preferred

MBA or advanced degree preferred

Experience in acquisitions, partnerships, or licensing preferred

Passion for content, media, education, and exploring innovative ways to reach audiences

Company

Capstone

Capstone is a leading content creator for digital solutions, children’s books, and literacy programs for school libraries, classrooms, and at home reading including the award-winning PebbleGo™ research database.

Founded in 1991

North Mankato, MN, US

201-500 employees