Internal Walmart subject area experts (e.g., supply chain, merchandising, store ops.)Įxternal talent with domain depth or strategic support, EIRs and industry expertsįunctional leads to stand-up POCs and MVPs as relevant Store No.8’s Incubation strategists & ecosystem manager that initially identified and defined the opportunity and execution path Use a collaborative approach to rapidly identify, assemble, and lead a “pod” to take defined concepts to next level of pre-launch detail (which would differ in composition and timing depending on every specific venture being designed). Translate all initial hypotheses and pod findings into an actionable and fully vetted business plan, financial model and operating model ready for funding including any strategic ownership choices, operating environment and channel design, headcount model and capital expendituresĭefine success metrics and stage-gates at various stages of the venture’s incubation maturityĬlearly present key points and findings to senior leadership Perform detailed build/buy/partner analysis for key capability pillars (including tech/product/talent) and propose a recommended approachĭefine operating environments, channels and customer segments for initial launch Test initial business model assumptions & hypotheses defined during the early concepting phase, using a human-centered design approach and refine concept design including key features, demand and cost levers, using various triangulation techniques Structure, lead and program manage business design sprints with clearly defined OKRs and success metrics, working with the newly created pod to: Take specific opportunities through to the Venture Design phase Work closely with the Store No.8 core incubation team on market landscapes, strategy, and concept definitions for unexplored and newly proposed opportunities Upon completion of the Venture Design phase, each concept will be ready to move into the Store No.8 portfolio as a development phase start-up company. You will also validate any build-buy/partner analyses to catalyze execution and build the initial operating team. You will lead a blended team of relevant operators from Walmart, incubation strategists from Store No.8, and external experts through a human-centered, discovery-driven process, to design the detailed value levers, stage-gates, talent, technology, and other functional pillars of the venture. You may also be required to partner closely with the Incubation team on early-stage concept discovery and definition. Your role will further validate the solution, define the optimal business and operating models that maximize desirability, viability and feasibility of the new venture and stand-up the new venture. Often these concepts will have already been through a rigorous initial phase of problem discovery and opportunity analysis. We’re creating a portfolio of companies acting as a force to drive commerce & health forward.Īs the Venture Design Lead for Store No.8’s incubation team, you will work with a blended team of strategists, operators, technologists, and entrepreneurs to design and launch early-stage incubation concepts. We incubate and partner with entrepreneurs, early stage start-ups, VCs and academics to innovate across a wide variety of areas including mixed reality, health analytics, machine learning, artificial intelligence, and more. We're developing leapfrog capabilities that will transform the future of retail and healthcare. Real Estate, Construction and Realty Execution. Installation, Maintenance and Utilities.Data Analytics and Business Intelligence.Project and Program Management - Technology.
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