Venture Architect Director

We’re BCG Digital Ventures. Welcome.
 
We are an ever-growing global team of the world’s most remarkable entrepreneurs, designers, engineers, venture architects, product experts and investors. Our ventures create a strategic advantage for the most important global companies.
 
This is BCG Digital Ventures. Adventure awaits you…


Introducing our Venture Architect Team.
 
We have entered a decade of disruption of large corporate business models, driven by a step change in the power of technology and the audacity and speed of start-ups. To be fit for the future, visionary companies will deliberately re-imagine themselves by injecting or attacking established models with new ideas fuelled by technology.
 
Our Venture Architect Team consists of world-class business leaders, corporate strategists, product specialists and designers. Together, we are helping corporations own the next horizon of innovation.
 
As a Venture Architect Director, you will use your skills to:
 
·         Demonstrate leadership across all stages of the BCG Digital Ventures business model, including innovation, product development, incubation and commercialization
 
Innovation:
·         Lead a cross-functional team of senior professionals to build and launch new ventures, products and services on behalf of clients, adhering to strict deadlines and integrating all perspectives into a strong product brief
·         Define the business model options and case for new ventures, products and services
·         Develop the economic model and business plan for new ventures, products and services
·         Assess internal capabilities and capacities to develop a sourcing strategy
·         Quantify business value and funding models
·         Define the commercial launch and go-to-market strategy
·         Create the framing report (an overview and explanation of the project scope, objective and hypothesis) for new initiatives
·         Collaborate with the Strategic Design and Product Development leads, as well as clients, to define a minimum viable business build (or product / service)
 
Incubation:
·         Plan and deliver new ventures, products and services
·         Collaborate with multi-disciplinary teams to ensure that product development and delivery is aligned with the launch and value scheme of new ventures, products and services
·         Mobilize new venture models by defining the target state, commercial partnership construct and success criteria
·         Align target state outcomes and success criteria to develop a clear understanding of how value will be created
·         Adopt a lean start-up approach to building a minimum viable business and go-to-market strategy
·         Outline key team roles and responsibilities across work streams
·         Identify required partners for regulatory requirements or support needs
·         Define the investment business case and outline key performance, measurement and reporting frameworks
·         Explore and define commercial partnership options with the client, considering alternate fee arrangements as appropriate
·         Work with Product and Partnership managers to identify, negotiate and secure eco-system partners to accelerate business build and launch (leveraging strategic alliances to make the best technologies available to the world)
·         Oversee newly established venture teams to execute the organizational staffing, product or service development and business build efforts
·         Work with Strategic Design and Product Development leads, as well as clients, to align feature prioritization with go-to-market testing
 
Commercialization:
·         Lead the execution of agreed go-to-market plans
·         Facilitate the build and testing of operational processes, systems and reporting capabilities
·         Lead the preparation and negotiation of contractual agreements with suppliers, partners and regulatory bodies
·         Implement an early feedback loop to enable continuous feedback, learning and iteration for ventures, products and services
·         Monitor and report key business and customer success measures to clients, including regulatory reporting, celebrating successes and balancing opportunities for improvement
·         Review service-level outcomes across support partners, ensuring accountability and providing feedback for change where required
·         Ensure the venture team is consistently synthesizing customer and market feedback to recommend opportunities for change or improvement in subsequent releases
·         Mobilize follow-on release plans with consideration to both the run and change aspects of the venture, balancing value creation with quality of product and service
·         Foster an environment of innovation and customer centricity, institutionalizing agile innovation practices and a customer insight to action culture
·         Scale new ventures, products or services to achieve outsized returns and profound customer and market impacts
·         Execute alternate fee arrangements to ensure a celebrated outcome that secures client advocacy and referral business
 
Client Management (all phases)
·         Engage directly with the client and new venture business units to identify continual support opportunities for BCG Digital Ventures
·         Help strike the balance between clients’ needs and business requirements
·         Ensure all perspectives are appropriately represented
 
Business Development and IP Creation (outside of Venture work)
·         Contribute to business development ahead of, as well as throughout, client engagements
·         Create intellectual property, points of view and industry/ topic platforms
·         Contribute to the development of thought leadership across a range of emerging business, technology and design topics
·         Design and facilitate co-creation sessions with multi-disciplinary client teams
 
 
 
 
As a Venture Architect Director, you will need:
 
·         10+ years experience with strategy development, business planning and future visioning, as well as quantitative and economic modeling (preferred)
·         Design or product development expertise
·         A background in product prototyping and testing
·         A bachelor’s degree (business, psychology, economics, strategy or equivalent from a top-tier institution preferred)
·         A master’s degree (postgraduate, MBA or equivalent study)
·         Experience in a high-pressure start-up environment with exposure to multidisciplinary teams and/or involvement with a top-tier consulting firm

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