Principal Specialist: Venture Manager at Vodafone Global Enterprise

Role Purpose

• Identify opportunities to design and build and take to market, inter-aliaPlatform businesses
• Design, model, test and launch new ventures operationally, commercially and financially
• Develop market Awareness, Acquisition, Activation and Retention strategies and plans
• Take responsibility for the launch and success of the ventures
• Assess build, buy, and Partner options to accelerate growth plans

Have a clear understanding of

• Strategic thinking,
• Business planning,
• Storytelling and pitching,
• Proactive problem solving
• End-to-end venture assessment,
• Articulating pivot points in the development of a venture
• Reengineering and radically simplifying operational models
• Platform businesses and associate technologies
• Understand Design Thinking principles and the Agile Project Management framework
• Ensure human-centric focus to venture and user experience designs
• Identify ideas that result in improving operating efficiency and reducing costs.
• Prepare written documentation across all stages of developing a venture
• Must be able to manage the end-to-end incubation and acceleration stages of multiple ventures running concurrently
• Build quality business plans, go-to-market and growth plans for ventures to be accelerated
• Follow a lean start-up methodology to launch new ventures in the market to ignite and prove new revenue streams

Your Responsibilities Will Include

Key accountabilities and decision ownership:

• Identify and validate new venture opportunities
• Develop the vision, framework and strategy for new ventures to be built
• Create operating models and business process maps of the high-level activities involved in defining what a planned business entity will do, who is responsible, and how the success of a business unit can be determined
• Identify, develop, and assess build, buy, and Partner options to accelerate the growth plans
• Identify and exploit opportunities for venture funding
• Participate in the design, development, deployment, testing and configuration of products affiliated with each venture.
• Ensure alignment of products to vision defined for venture
• Work collaboratively to understand the customers’ problem statements, the value chain, cost structures, profit pools, size of the opportunity, and the associated sensitivity analysis
• Support the development and scale-up of a venture from inception to exit
• Define and develop business, financial and commercial models that deliver outsized value to customers
• Establish key performance indicators for venture outcomes
• Compile reports at each incubation and acceleration stage of ventures to cascade design considerations, trial findings, market reactions to the launched venture, and pivot recommendations
• Deliver a great experience to partners when working with our organisation - Be the Internal partners’ liaison.
• Develop Vision and strategy for Ventures
• Drive ventures through the Incubation and, where applicable, the acceleration stages contained in the Innovation Framework
• Assess outcomes of each stage/sub-stage, cascade findings, opportunities and pivot recommendations
• Develop, test and execute business models and plans
• Develop best practices, processes and innovative procedures to improve the quality of ventures established and their associated success rate
• Identify and mitigate risks confronting planned ventures
• Provide written documentation (incl. reports)

The Ideal Candidate For This Role Will Have

• Postgraduate Degree in Commerce or Business Science degrees
• Bachelor's Degree in technology or engineering-related discipline is a must
• Demonstrated entrepreneurial experience
• 7 years of experience incubating new businesses and/or establishing new businesses or markets
• Strong preference for candidates with entrepreneurial/intrapreneurial and consultancy industry experience
• 5 years of Business Management hands-on experience

Strong Interpersonal And Communication Skills Are Required

• Ability to influence and get stakeholder buy-in
• Analytical thinker with interpersonal skills
• Ability to apply a disciplined experimental and design thinking approach to solving problems and modelling businesses using data and current technology tools

Skills

• Business Management
• Communication and active listening
• In-depth knowledge of business design, Incubation, and Acceleration
• Business Modelling – financial and commercial
• Business Plan development and execution
• Networking
• Critical and Creative Thinking
• Time Management and Organisational

Closing date for Applications: 24 April 2023.