Job title: Managing Director Startup Innovation
Company: Altria Client Services LLC
Job description: Overview
Want to lead a newly created Connect & Transform organization, to identify new technology and business opportunities that will help Altria meet Reduced Harm Product goals and permit opportunities in strategic adjacent areas? If you have 10 plus years of relevant experience and deep knowledge of start-up innovation and implementation to drive revenue and profit growth, we want to speak with you! We are currently seeking a Managing Director Startup Innovation to join our Innovation team in Richmond, VA but are open to remote work arrangements.
What you will be doing:
- Working with internal and external partners in tight alignment with the CGO (aka S&BD) organization to identify new technology and business opportunities.
- Taking needs (“Needs Briefs”) and sharing with an extensive network of innovation partners to identify technology leads, solutions, and business models.
- Once solicited solutions are returned, this role will facilitate the process to evaluate the merits and drive decisions from the technical and business operations inclusive of funding or investment.
- Maintaining a relationship with the partner and helping run the partnership as it grows or evolves. This individual will start with initial external partners and will grow the external network over time on a global basis.
- Building and running a global ecosystem of innovators, technical experts, accelerators, VCs and academia that can provide solutions to problems in an efficient and expansive manner.
- Working with project teams to create Needs Briefs, while identifying and aligning broader technology connections. Taking technical requirements, assuring alignment with the business objectives and translate to a broader audience to increase return.
- Deriving and facilitating the internal process of evaluating potential opportunities. Screening good ideas from poor ideas and evaluating the probability of success and strategic fit with cross-functional business partners.
- Training partners and decision makers across the Organization on Connect & Transform principles, best practices, and decision-making criteria. Leading a team of diverse talent to implement the roles for C&T.
- Crafting and managing processes to recommend and communicate strategic funding and investment opportunities when appropriate to the vision.
We want you to have:
- Bachelor of Science/Engineering/Marketing preferred.
- 15+ years of confirmed experience working across multiple categories in the industry and working with external companies.
- A demonstrated ability to communicate well in large forums.
- Strong business acumen and broad understanding of our product categories is required.
- Demonstrated ability to make technology connections across multiple industries and multiple internal programs is strongly preferred.
- In-depth knowledge of start-up innovation and implementation to drive revenue and profit growth.
- Proven technical project expertise in the development and process scale up of new products
- Excellent track record of partnering with manufacturing sites for product development, scale up and commercialization.
- Expertise in compliance or regulatory challenges and requirements directly related to product development and commercialization across complex and diverse business initiatives
- Understanding of GMP and QbD requirements and experience implementing standards and processes that ensure compliance with the FDA tobacco regulations
- Demonstrated capability to lead large groups of people in alignment with Our Leadership Advantage principles
- Achieves results and brings out the best in the team by:
- Establishing job design and ensuring appropriate staffing to deliver the department’s strategic operating plan and objectives.
- Communicating the department’s objectives and goals and cascading to others, ensuring the workload is distributed appropriately to achieve goals and objectives.
Ability to negotiate with partners to prioritize work, allocate resources, provide direction, and develop talent
Alongside the opportunity to develop and refine your skills, you’ll receive an excellent compensation package. Benefits include: a competitive base salary; comprehensive health/vision/dental insurance; participation in our deferred profit-sharing plan; incentive compensation programs; tuition reimbursement and a relocation assistance package.
Company Overview
Altria has a leading portfolio of tobacco products for U.S. tobacco consumers age 21+. Altria’s Vision through 2030 is to responsibly lead the transition of adult smokers to a non-combustible future. Altria is Moving Beyond Smoking™, leading the way in moving adult smokers away from cigarettes by taking action to transition millions to potentially less harmful choices – believing it is a substantial opportunity for adult tobacco consumers, Altria’s businesses and society. Altria’s wholly owned subsidiaries include the most profitable tobacco companies in their categories: Philip Morris USA Inc. (PM USA), U.S. Smokeless Tobacco Company LLC (USSTC), and John Middleton Co. (Middleton). Altria’s smoke-free portfolio includes Helix Innovations LLC (Helix), the maker of on! oral nicotine pouches, exclusive U.S. commercialization rights to the IQOS Tobacco Heating System®* and Marlboro HeatSticks®*, and an equity investment in JUUL Labs, Inc. (JUUL). Altria also owns equity investments in Anheuser-Busch InBev SA/NV (ABI), the world’s largest brewer, and Cronos Group Inc. (Cronos), a leading Canadian cannabinoid company. At Altria, we celebrate the power of diverse teams working together to shape our future. We are inspired to bring our best because our unique strengths are valued. We believe our personal success and progress should be guided by Our Cultural Aspiration, a new articulation of what we value and who we aspire to be, collectively. Our Cultural Aspiration respects and complements individual identity, embracing each other’s unique strengths, welcoming newcomers and developing the best, most inclusive and diverse teams. Join us as we work together to shape a better future for adult tobacco consumers, our employees, and our shareholders. Each Altria company is an equal opportunity employer. Learn more about Altria at www.altria.com and follow us on Twitter, Facebook and LinkedIn. *IQOS Devices and HeatSticks® are currently unavailable for sale in the United States.
Expected salary:
Location: Richmond, VA
Job date: Sat, 25 Jun 2022 22:59:47 GMT
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