Head Of Portfolio
Posted on Apr 12, 2021 by Nike International
This is a unique opportunity to join Nike Valiant Labs (NVL), Nike's new business incubator. We're a fast-moving entrepreneurial team currently exploring the edges of possibility. We move with speed and purpose, taking calculated risks and failing fast - all with one goal in mind: serving consumers in new and unimagined ways.
In support of that mission, we are seeking an experienced Senior Leader as the Head of Portfolio. This role serves as the leader of an established Portfolio team dedicated to managing Nike Valiant Labs complete pipeline of new digital innovations and consumer offerings - from research to prototyping to launch to integration into Nike - following a venture capital influenced portfolio approach.
WHO WE ARE LOOKING FOR
The Head of Portfolio will drive the successful collaboration across diverse functions within our Portfolio team in a spirit of servant leadership that empowers and develops the leadership strengths of the team. By streamlining operations, maintaining portfolio governance, driving a cohesive portfolio strategy, fostering an open and honest feedback culture of leadership development and growth, and building strong relationships with our internal Nike partners, this Head of Portfolio will guide NVL into its next evolution. They will support, guide, and empower (1) our Investment Team, which seeks to identify new business-critical white spaces by assessing needs from Nike partners and researching trends in the wider external marketplace; (2) our in-house Design Studio, which delivers consumer research to help kick off new businesses' exploration of those white spaces; (3) our Tech Studio which develops the technologies behind NVL's digital offerings; (4) our Product Director which supports the launch of our offerings into the consumer marketplace; and (5) our Integration Team, which helps ensure adoption of our Portfolio's innovations by Nike partners and at scale. You will also serve on the NVL Leadership Team, representing the portfolio realities and helping guide NVL strategy so that NVL delivers on its mission to serve the consumer in new and unimagined ways.
WHAT YOU WILL WORK ON
In this role, you will focus on identifying, driving, governing, measuring impact, and integrating new digital innovations across our portfolio of innovations that support Nike's growth.
Will be responsible for providing leadership and strategic direction of the Portfolio's innovation efforts focused on speed, on-time delivery of landmarks, flexibility, quality and productivity, including preparing and communicating results and recommendations to the Investment Committee.
Providing executive leadership, mentoring, coaching, and partnership to the wider Portfolio team, as well as entrepreneurs-in-residence, as they navigate the innovation process to drive value to Nike in the short, medium and long term
Building and nurturing executive-level relationships with key partners, VPs, and other critical partners across all of Nike to support integration and scale of validated innovation, and ensure the Portfolio is delivering value across Nike.
Partner with cross-organizational groups within NVL to define and develop portfolio priorities.
Lead portfolio strategy, guide scenario planning with the Head of Finance of NVL, iterating on processes that support the needs of a dynamic and evolving portfolio of investments.
Work with a cross-functional teams and leadership to define, build, and drive the Portfolio strategy and analytics process and deliverables. Develop and stand up new NVL teams to drive new initiatives across NVL and Nike and partnering functions across NVL.
Facilitate relationships with external partners and subject matter specialists to find opportunities that serve priority consumer segments that also use Nike's and NVL's strengths and assets.
As a member of the NVL Leadership Team, foster a spirit of excitement for innovation, as well as belonging, inclusivity, and psychology safety-all critical elements for innovation.
Crafting the overall communication and engagement plan for building awareness and inspiring a culture of innovation across the rest Nike.
You are constantly balancing the needs of the consumer with the needs of the business, inspiring those around you to do the same.
Ensure the portfolio businesses achieve critical achievements on time and on budget with timely communication between teams and senior management.
WHO YOU WILL WORK WITH
You will be part of the NVL Leadership Team, and report to the President of Valiant Labs. You will lead the diverse functions of the Portfolio Team.
WHAT YOU BRING
14+ years of experience in a combination of corporate incubators, corporate innovation, corporate venture capital, lean-startup style innovation processes, a founding member of a startup that found scale, and/or running incubator/accelerator programs or managing innovation portfolios for large institutions. Previous experience must include both financial/deals, as well as strategy/partnership experience.
Significant experience managing a portfolio of multiple large-scale projects simultaneously.
Strong analytical skills with a strategic approach. The ability to identify and assess key points, implications and recommendations and to provide thought leadership is critical.
Exceptional communications skills and executive presence.
A unifying leader that inspires their team and leads with empathy to bring together disparate teams and skill sets. They must possess demonstrated leadership experience developing leaders and among diverse industry backgrounds is strongly preferred.
Teammate with proven ability to influence and collaborate cross functionally to drive and track results.
Self starter with the ability to connect dots and synthesize disparate sources of research into investment theses.
Bachelor's degree, and MBA preferred.