Here's how you can secure a raise in your current role within Product Innovation.

Continuously honing your expertise, staying updated with industry trends, and acquiring new competencies will enhance your performance and position you for growth opportunities.

Product Innovation is all about delivering more value. Beyond quintessential "life skills"; continuous learning, up-skilling and identifying potential signals from the below 9 areas fuels this: 1. Consumer behavior 2. Buyer / Seller expectations 3. Domain niche 4. Industry break-throughs 5. Emerging Technology trends 6. Product analytics (feature usage, user journeys, 80-20) 7. Ecosystem - Strategic Partnership upstream and downstream 8. Compliance (local and global) 9. Competitive landscape and intelligence

In order to increase my role in Product Innovation, I will focus on market research, collaboration with cross-functional teams, staying updated on industry trends, taking ownership of projects, and seeking feedback for continuous improvement. By developing a deep understanding of customer needs, working closely with teams, staying informed on trends, demonstrating leadership, and seeking feedback, I aim to enhance my skills and contribute effectively to innovative product development.

By consistently contributing innovative ideas, improving processes, and demonstrating measurable impact, you can enhance your significance to the organization and position yourself for career growth.

Adding value in business must be tangible or quantitatively measurable, you cannot claim that you have created value but your business manager does not see that value. The value must be seen, if you can't understand the value to others, then maybe you haven't created any value! Remember, gold is not necessarily the rarest metal, but people buy it

From my experience clear communication is key when advocating for a raise. Articulate your achievements effectively, showing their impact on company goals, and practice delivering a compelling narrative.

Clear, concise, and persuasive communication fosters collaboration, ensures alignment on goals, and highlights your contributions, thereby enhancing your visibility and potential for career growth.

Networking internally helps in conceptualizing and serving a larger initiative. Generally, product organization have teams which are niche and expected to work collaboratively. Involving team in an initiative brings diversity of opinion, skills, efforts, resources and growth.

Building strong relationships with colleagues, mentors, and decision-makers increases your visibility, opens opportunities for collaboration, and enhances your prospects for career advancement.

A big part of networking is working on your own skills and abilities. Networking does not mean finding new people, but it means creating credibility for people so that you can use that credibility for yourself in the future. But to get credit you must have created results.

By strategically choosing the optimal moments to propose ideas, seek feedback, and request promotions, you can maximize your impact and improve your chances of career growth.

When the company is doing well financially, such as after announcing strong quarterly or annual earnings, they might be more amenable to discussing raises. Another "perfect" time? If your role has significantly expanded or you’ve taken on additional responsibilities without a corresponding increase in pay, it’s a valid reason to ask for a raise. An anniversary of your employment with the company can be a symbolic and appropriate time to discuss your compensation, particularly if you have a track record of positive performance.

While working hard and working smart for your current company is wise, especially if it has a solid culture dedicated to professional development, it's important to remember that there are countless opportunities beyond your current cubicle. Additionally, having an offer or two from another company gives you powerful leverage when seeking a raise or a promotion - after all, it will take time and money to replace you if you leave.

Make your request, many times managers also know that you are worth more, but they will definitely not increase your salary until you ask for it. So don't be afraid and make a meeting