Director of New Ventures, Cleantech (Innovation Center)

LG Electronics USA
United States, California, Santa Clara
5150 Great America Parkway (Show on map)
Dec 19, 2024
Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance & Air Solution, Home Entertainment, Vehicle Components Solutions, and Business Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone. We are currently seeking a Director of New Ventures (EIR), Cleantech to join LG NOVA, the LGE innovation unit based in Santa Clara, CA. This can be a hybrid position. LG Electronics North America Innovation Center ("LG NOVA") LG Electronics recently established the North America Innovation Center ("LG NOVA") in Santa Clara, California, USA, with an ambitious vision to become the nerve center of global innovation. Aiming to create the future of LG with a focus on disruptive and exponential growth, LG NOVA works with global corporations, startups, governments, and technology stakeholders to create new businesses, establish strategic partnerships, and develop a broad ecosystem using the process of "outside-in" innovation. We are a forward-thinking Cleantech Team leading new ventures in sustainable technologies under LG NOVA. Our mission is to harness the power of software to create scalable, impactful solutions that address some of the world's most pressing environmental challenges with LG NOVA Ecosystem Partners and the Coalition for Innovation. We are seeking a dynamic Director of New Ventures (EIR) to join our team and lead the development of groundbreaking software-centric solutions in the clean tech space (climate technology, energy management, mobility, and/or sustainability) and ultimately become one of the co-founders of venture spun out from the Cleantech Team. Position Overview: The Director of New Ventures (EIR) will be an integral part of our innovation team, focusing on identifying, developing, and launching new software-driven clean tech ventures in collaboration with startup partners. This role is ideal for a seasoned entrepreneur with a strong background in software development (engineering, product management, business development or other similar experience) and a passion for environmental sustainability. The EIR will work closely with our startup partners, engineers, and leadership team to conceptualize and bring to market innovative software-centric Cleantech solutions. Key Responsibilities: Venture Ideation and Development: Jointly identify and evaluate new business opportunities in the clean tech space in collaboration with ecosystem startups. Develop business models, conduct market research, and validate concepts through customer engagement and pilot programs. Product Development: Lead the development of software solutions from ideation to launch, working with cross-functional teams including product management, engineering, and marketing. NOVA Strategic Partnerships: Be open-minded, and jointly develop business proposals with NOVA Ecosystem partners (Startups, Coalition for Innovation, and other external partners). Process and Budget Management: Lead business proposals, manage budgets and resources effectively to maximize the impact and success of new ventures. Mentorship and Leadership: Provide mentorship and guidance to team members and other entrepreneurs within the organization. Foster a culture of innovation and collaboration. Market Analysis: Stay abreast of industry trends, competitive landscape, and emerging technologies in the clean tech and software sectors. Provide insights and recommendations to inform strategic decision-making. Qualifications: 12+ years of experience in leading and launching successful startups/products/ventures in Cleantech from idea to scale (climate technology, mobility, energy management, and/or sustainability). BS in CS, Engineering, Science, Business, product management or related domain experience in Cleantech. An MBA or other relevant master's degree is a plus. Strong background in software-centric Cleantech solutions is preferred. Demonstrated ability to recruit and lead cross-functional teams, and work with external partners. Exceptional communication and interpersonal skills, with the ability to influence and collaborate with diverse stakeholders. Passion for clean tech and a commitment to creating a positive environmental impact. Why Join Us: Opportunity to shape and lead new ventures from the ground up, supported by LG NOVA resources (business, technical and financial) from idea throughout the venture lifecycle with the dedicated funds we are in the process of creating. Be at the forefront of clean tech innovation, working on solutions that have a real impact with a potential to reach $1B+ valuation. Collaborate with a talented and passionate team and LG NOVA Ecosystem Partners dedicated to driving change. Competitive compensation and benefits package. What We Can Offer You: Culture for Growth \| Top Notch Employee Health & Well Being Benefits \| Every Voice Matters \| Global Reach Recruiting Range $175,000 - $257,000 USD Privacy Notice to California Applicants At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics. In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.