Executive Leader for AI Innovation

4 days ago


Santa Clara, California, United States LG Electronics USA Full time

**Unlock Transformational Growth with LG Electronics USA**

We are seeking an experienced Executive Leader to join our North America Innovation Center in the Bay Area. As Director of New Ventures/Entrepreneur-In-Residence, you will play a critical role in driving transformational growth for LG Electronics, a global technology leader with over $60 billion in revenue.

The successful candidate will be responsible for identifying and evaluating high-potential startups and new technology growth areas within AI and Technologies. They will develop collaboration models, product/service concepts, and business models, as well as work with startups and outside innovators to create new businesses using various collaboration models.

This is a unique opportunity to shape the future of LG and contribute to its ambitious vision of becoming a nerve center of global innovation. You will have the chance to interact with new technology startups at all stages and help identify and develop new business opportunities in future growth areas of AI Technologies.

Key Responsibilities:

  • Evaluate high-potential startups and new technology growth areas within AI and Technologies.
  • Develop collaboration models, product/service concepts, and business models.
  • Work with startups and outside innovators to create new businesses using various collaboration models.
  • Develop new business plans and financial projections for new joint businesses with startups and outside innovators.

**Requirements:**

  • 12+ years of experience in corporate innovation, corporate development, accelerators/incubators, or startups.
  • Experience in open innovation, collaborative venture studio model, and new business development based on collaboration with startups.
  • Broad understanding of technology around SW, HW, cloud, platforms, system engineering, and various business models such as recurring revenue models.
  • Critical thinking, intellectual curiosity, analytical/problem-solving skills, and ability to combine and balance qualitative analysis, strategy, and operations.
  • Excellent written and verbal communication skills and organizational skills.

**What We Offer:*

  • A culture that values growth, employee health and well-being, and diversity.
  • An estimated salary range of $184,000-$270,000 USD.

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