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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 Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco 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.
About the team:
The Business Development team within LG Technology Ventures is responsible in creating synergies between innovative startups and LG affiliate companies. As a member of the LGTV Business Development team, you will work collaboratively across various internal functions (i.e., Open Innovation, R&D, New Business teams) and external networks (i.e., startup companies and venture capital firms) to identify and evaluate strategic investment opportunities globally and help portfolio companies grow through strategic partnership with LG.
You will introduce innovative startup companies to the right audience within LG, provide insight on their technology and business model of the startups, and suggest strategic relationships that could be developed. You understand LG’s open innovation needs, and harness them to enable deal teams to effectively formulate their strategic investing approach. With an air of humility, you bring strong strategic thinking, technology insight, and sound business judgment, along with the ability to think about what is - and what could be.
The Business Development team guarantees LGTV’s worldwide growth by identifying the appropriate strategic investments - and then working to make them happen. Consisting of experienced open innovation professionals and integration experts, we're dedicated to identifying the business opportunities of tomorrow. We find and evaluate investment opportunities across existing and future markets, influence management team decisions, assist investment thesis formulation, and help manage post-investment collaboration.
About the opportunity:
- Structure complex problems, gather and analyze massive amounts of information expeditiously, and deliver insights and recommendations to LGTV executive teams.
• Understand and stay current on various regional markets, industry trends, competitive landscape, and internal product development efforts; leverage this knowledge to help educate open innovation teams and evaluate deal opportunities.
• Identify and engage potential investment opportunities via personal and event networking, technology meet-ups, cold outreach and industry research. Build connections with investors and start-up ecosystems and industry experts.
• Build consensus among cross-functional teams, influence decision making within senior-level audiences, and drive management team decisions.
Required experience:
- Bachelor's degree or equivalent practical experience.
• 12+ years of experience with LG with 7+ years in open innovation, technology-focused corporate strategy function, corporate development, or new business planning.
• Extensive LG internal network and thorough understanding of LG open innovation strategy. Must be able to approach senior executive level decision makers within the LG companies.
Preferred experience and skills:
- MBA or Master’s degree in science or engineering.
• Strong business development skills, including demonstrated ability to engage the right teams, get the attention of the decision makers, manage collaborative projects, and build network.
• Experience in various technologies relevant to LG business.
• Relevant relationships and contacts within LG.
• Excellent communication and presentation skills.
Benefits Offered Full-Time Employees:
- No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
- Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
- Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
- Performance based Short-Term Incentives (varies by role).
- Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
- Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
- Group Rate Life and Disability Insurance.
Benefits Offered Temporary/Contractors:
- Eligible for the relevant benefit programs offered through our partner agencies.
Privacy Notice to California Applicants
Applicants who need assistance or a reasonable accommodation during the hiring process may contact our team by phone at: 973-477-7090 or [email protected]. This email and phone number will only reply to accommodation requests and is not intended for general employment inquiries.
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.
LG Electronics Santa Clara, California, USA Office
5155 Old Ironsides Dr, Santa Clara, CA, United States, 95054
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