Senior Director Strategy Incubation Innovation
Senior Director Strategy Incubation Innovation
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$ 189000 - 252000
1 Vacancy
Job Description
The Senior Director Strategy Incubation & Innovation is responsible for enabling the growth relevance and success of the Science & Growth organization by leading and executing the key strategic priorities that are aligned to UL Solutions growth position requires close collaboration with key stakeholders across the company to ensure the successful implementation of strategic initiatives and incubator startups which will contribute to the growth and success of the the role is closely partnered with the Senior Vice President and Chief Scientist as well as the teams within the Science & Growth organization. Success in this role and unique opportunity will leave a large and positive legacy of growth and impact for UL Solutions a 130 year leader in safety science.
Responsibilities
- Manage and support the of key strategic priorities for Science & Growth that align with the companys goals and objectives. This includes leading and building the Long Range Planning process coordinating closely with the Strategy leads from Testing Inspection & Certification (TIC)software & Advisory (S&A) and Strategic Support Functions to ensure alignment across UL Solutions; providing input into the strategic planning process operationalize annual goals and objectives from strategic plan with leaders.
- Enable the success of the Incubators by developing and implementing the strategic vision and goals for the incubators. This includes key areas of growth and innovation (Cyber AI and Modeling Simulation).
- Create and implement the framework for incubator startups to determine when they are ready to operate independently and succeed in the market. This includes establishing predefined milestones and criteria assessing financial stability market readiness including early indicators of progress/success to reduce the instances of failure to improve outcomes; best practices and milestones for scaling.
- Establish the ground work for a successful incubation program by conducting a feasibility study to help determine if the project has solid market financial base to be successful.
- Track the progress and performance of incubator startups. Use qualitative and quantitative data and metrics as well as feedback to continuously improve the incubation programs and services offered.
- Provide support to the SVP & Chief Scientist as directed such as development and consolidation of Board materials LRP etc.
- Responsible for stakeholder management (fostering relationships establishing credibility) across programspecific Steering Committees Operating Committee senior leadership and other critical internal/external stakeholders and Board members.
- Contribute and support the SVP & Chief Scientist on executing the Power of Three strategic efforts pursuing joint outcomes that fulfill the longterm vision and relevance of the UL enterprise.
- Other duties as assigned.
Qualifications
- 15 years of experience in project management P&L leadership business operations or similar.
- Prefer strong technical background in engineering sciences physics or similar.
- Innovative and strategic decisionmaker making informed and strategic decisions that balance shortterm needs with longterm objectives. Analyzing data assessing risks and considering various perspectives.
- Leading by example and able to partner and lead partnership across global matrixed and crossfunctional divisions/teams.
- Able to evaluate risk effectively and move forward quickly.
- Strong communication skills essential for conveying ideas clearly listening actively and facilitating open dialogue ensuring all stakeholders are aligned and engaged.
- Able to engage employees across all levels and backgrounds.
- Able to adapt and serve as change agent.
- Demonstrates ULSs Ways of Working for leadership.
- Commitment to continuous learning.
- Strategic Planning and : the ability to develop and implement strategic plans that align with the incubators goals and objectives including market analysis identifying growth opportunities and setting longterm objectives.
- Financial Management: budgeting forecasting.
- Innovation & Product Development: experience in guiding startups through the innovation process from ideation to product development and market launch including knowledge of prototyping testing and scaling products.
- Networking & Partnership Building: ability to maintain relationships with key stakeholders working crossfunctional to drive and execute strategic initiatives.
- Data Analytics & Metrics: Proficiency in using data to measure success including tracking KPIs and using insights to improve programs and services.
- Project Management.
- Global experience (culture business practices etc.
- Experience leading transformational change.
Total Rewards: We understand compensation is an important factor as you consider the next step in your career . The estimatedsalary range for this position is $189000 to $252000 and is based on multiple factors including jobrelated knowledge/skills experience geographical location as well as other position is eligible for annual bonus compensation with a target payout of 30 of the base salary and long term incentive plan of 30 of base salary. This position also provides health benefits such as medical dental and vision; wellness benefits such as mental and financial health; and retirement savings 401K) commensurate with the standard rewards offered in each individual location or country. We also provide fulltime employees with paid time off including vacation 20 days) holiday including floating holidays 12 days) and sick time off 72 hours).
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Required Experience:
Exec
Employment Type
Full Time
