Interim Executive Director

Department Description: The mission of the Technology Ventures Office (TVO) is to promote public utilization of Beth Israel Deaconess Medical Center (BIDMC) technologies for society's use and benefit and to foster alliances with industry through collaboration and licensing agreements, while generating unrestricted income to support research at our institution.

We work with biomedical companies, venture capitalists, and entrepreneurs to find the best way to commercialize new technologies and to promote corporate collaborations that can increase our level of industrial support for research.

Job Location: Boston, MA

Req ID: 25998BR

Job Summary: Interim Executive Director, Technology Ventures Office (TVO) provides leadership and direction for all aspects of intellectual property management and technology commercialization activities for BIDMC. The Interim Executive Director supports and encourages faculty in the creation, disclosure and development of new ideas that may lead to inventions, licensing opportunities, and new company formations. The Interim Executive Director helps identify and pursue opportunities for strategic alliances with global life sciences companies and other commercial entities to promote the success of BIDMC's research enterprise. BIDMC expects to appoint a Chief Academic Officer (CAO) within six months, and the CAO will ultimately choose a permanent Executive Director of the TVO.

Essential Responsibilities:

1. Recruits and manages an experienced staff of full-time professionals and support staff dedicated to serving the BIDMC faculty in technology transfer and industrial relations activities.
2. Mentor and supervise Director, Senior Associates, and other TVO staff on IP and commercialization strategies.
3. Develops and oversees action plans to maximize commercial revenue to BIDMC's research enterprise.
4. Coordinates and leads BIDMC intellectual property strategy development and implementation, derived from best practices from academic and corporate environments.
5. Establishes and maintains effective networks among local, national, and international businesses, investors, and entrepreneurs to help bring BIDMC innovations to the marketplace through licensing, startups, or partnerships.
6. Has the authority to direct and support managers with functional area responsibilities. Has the direct responsibility to undertake the following employment actions: hiring, termination, corrective action and performance reviews. Direct Reports: 4-6 Indirect Reports: 6-10


7. Has full responsibility for planning, monitoring and managing department budget.

Required Qualifications:

1. Master's degree required.
2. More than 10 years related work experience required and 8-10 years supervisory/management experience required
3. Documented track record of results in managing technology transfer processes, and demonstrated ability to lead, educate, and communicate.
4. Excellent interpersonal, consensus, and team-building skills, along with demonstrated ability to establish effective working relationships with broad range of faculty, administrators, business leaders, and venture capital firms and other investors.
5. Proven successful negotiator and deal maker.
6. Experience with computer systems required, including web based applications and some Microsoft Office applications which may include Outlook, Word, Excel, PowerPoint or Access.

Preferred Qualifications:

1. MD or PhD preferred.
2. Non-bench industry experience (business development, licensing and/or strategic alliance management) or venture background (regular VC, or corporate VC or experience in running an academic VC fund) preferred. Familiarity with start-up company formation and equity interest matters.
3. Strong strategic planning knowledge and experience. Knowledge of academic medical center environment, policies, and regulations.

Competencies:

1. Decision Making: Ability to make decisions with significant, broad implications for the management and operations of a major department or multiple departments. Participates in decisions on overall strategy and direction of the organization.
2. Problem Solving: Ability to address problems that are broad, complex and abstract, often involving Medical Center-wide issues and requiring substantial creativity, resourcefulness, staff engagement, Lean diagnostic techniques, negotiation and diplomacy to develop solutions.
3. Independence of Action: Ability to set direction and vision for major departments or multiple departments. Establishes priorities, develops policies and allocates resources.
4. Written Communications: Ability to communicate complex information in English effectively in writing to all levels of staff, management and external customers across functional areas.
5. Oral Communications: Ability to verbally communicate complex concepts in English and address sensitive situations, resolve conflicts, negotiate, motivate and persuade others.
6. Knowledge: Ability to demonstrate broad and comprehensive knowledge of theories, concepts, practices and policies with the ability to use them in complex and/or unprecedented situations across multiple functional areas.
7. Team Work: Ability to lead collaborative teams for larger projects or groups both internal and external to the Medical Center and across functional areas. Results have implications for the management and operations of multiple areas of the organization.
8. Customer Service: Ability to provide a high level of customer service and staff training to meet customer service standards and expectations for the assigned unit(s). Resolves service issues in the assigned unit(s) in a timely and respectful manner.

Physical Nature of the Job:
Sedentary work: Exerting up to 10 pounds of force occasionally in carrying, lifting, pushing, pulling objects. Sitting most of the time, with walking and standing required only occasionally