President, New Jersey Innovation Institute (NJII) Job at New Jersey Institute of Technology
Title:
President, New Jersey Innovation Institute (NJII)
Department:
President & CEO NJII
Reports To:
Position Type:
Staff
Position Summary:
New Jersey Innovation Institute (NJII), an NJIT corporation, was founded in 2014 and helps turn ideas into workable solutions across four divisions: healthcare, entrepreneurship, defense and homeland security, and professional and corporate education. NJII combines the vast assets and resources of NJIT, strong and far-reaching industry and government relationships, and proven methods for building industry-centric ecosystems to help drive innovation and deliver solutions that have a direct impact on the regional and larger economy and the health, welfare, and well-being of those in the communities it serves.
NJII seeks a dynamic, creative, effective, and proven leader to guide, strengthen, and expand its growing portfolio of innovation commercialization efforts, sponsored and contract activities, and economic development initiatives. The NJII President will connect customers, clients, and partners to NJIT’s unique and substantial resources, including world-class and pioneering research, state-of-the-art facilities, globally recognized experts, and top STEM-educated student talent. S/he will provide both a bold vision and strategic direction for: bolstering commercialization efforts and tech transfer initiatives; amplifying existing, and developing new, economic development enterprises; growing vital collaborations with business and industry, government agencies, national labs, foundations, higher education institutions, and non-profit organizations; and building robust ecosystems in which industry, academia, and government collaborate to address major challenges, spur innovations, and create stronger, healthier, and more prosperous and sustainable communities.
NJII’s next President will lead the development and growth of its suite of programs in healthcare, entrepreneurship, defense and homeland security, and professional and corporate education, with significant implications for technology-driven solutions, products, and services, innovation commercialization services, and workforce development in the U.S. and globally, within the fast-evolving commercial ecosystem of the greater NYC metro region. S/he will also be responsible for identifying, assessing, and adding to the existing suite of programs, as appropriate, new vertical markets or divisions that leverage the assets and resources of NJII and NJIT.
The NJII President reports to the NJIT President and serves as a member of the university’s senior leadership team. S/he also works closely and collaboratively with NJII’s Board of Directors, on which both members of the university’s Board of Trustees and other business and community leaders serve.
- Establishes a bold and comprehensive vision for NJII and its role, current and aspirational, as a catalyst of economic development in the region and beyond.
- Collaborates with NJIT faculty and researchers to develop a deep understanding of the university’s assets, research programs, and new technology directions, as well as to educate those faculty and researchers about industry trends and priorities, with a view to identifying, developing, and implementing new business development initiatives, commercialization opportunities, and industry-centric product and services solutions.
- Builds, sustains, and strengthens multilayered, mutually beneficial partnerships, relationships, and alliances with business and industry, government agencies, national labs, non-profits, higher education institutions, and the leadership of these entities.
- With the counsel and guidance of the NJII Board of Directors, identifies, evaluates, and implements opportunities for new business development, commercialization, and industry-centric product and services solutions that leverage NJII’s and NJIT’s assets and strengths, drive future revenue growth, align with strategic needs and priorities, and expand NJII’s and NJIT’s recognition and brand.
- Works closely with NJIT’s Research office to promote opportunities for faculty and student entrepreneurial activities and to connect them to VentureLink@NJIT, New Jersey's largest startup incubator, providing assistance with the formation and structuring of start-up companies, preparation of business plans, and access to the investment community including early-stage venture capital.
- Provides oversight of VentureLink@NJIT, and steers its growth and service to communities both on and off campus.
- Advises NJIT’s senior leadership on technology commercialization strategies for the portfolio of intellectual property generated at the university.
- Manages, leads, mentors, and develops a team of high-performing professionals, empowering them to identify and create pioneering solutions, products, and services, to commercialize work products and intellectual property, and to deliver workforce development programs in the region.
- Communicates and markets NJII’s unique mission, vision, and services, together with NJIT’s distinctive assets and resources, to current and potential partners in business and industry, government, and the non-profit sector.
- Works in close collaboration and harmonious coordination with NJIT’s senior leadership, faculty, research staff, and the NJII Board of Directors and keeps these and other stakeholders regularly informed about the status of pending external business development transactions and partnerships with business and industry, government, and other organizations.
- Works closely with externally-focused divisions at NJIT to create unified and focused strategies designed to grow partnerships with corporations, foundations, government agencies, and other organizations and to expand revenue generation.
This list of duties and responsibilities is not intended to be all-inclusive and may be expanded or revised to include or exclude other duties or responsibilities as deemed necessary.
- A Bachelor’s degree is required; an advanced degree (e.g., MBA, PhD, JD) is strongly preferred.
- 15+ years of successful senior management and leadership experience in a relevant sector (public or private companies, start-ups, etc.).
- Proven real-world experience in building, managing, and leading entrepreneurial organizations – in start-ups, within corporations, and/or in academic environments.
- A distinguished record of entrepreneurial and executive experience as well as nonprofit and/or government acumen.
- Demonstrated ability to build, strengthen, and sustain robust relationships, partnerships, and alliances with internal constituents and external stakeholders, including business and industry, government agencies, national labs, foundations, higher education institutions, and non-profit organizations.
- Experience working effectively and productively with governing boards.
- Demonstrated ability to shape and lead corporate transactions, preferably with focus on strategic collaborations, including negotiating, reviewing, revising, and closing a variety of sophisticated and complex transactions.
- Experience in developing business and/or strategic plans, managing complex budgets, and assessing outcomes.
- Intellectual curiosity, creativity, strategic thinking, and significant leadership capability, including hands-on management experience.
- International experience preferred.
- At the university's discretion, the education and experience prerequisites may be exempted where the candidate can demonstrate to the satisfaction of the university, an equivalent combination of education and experience specifically preparing the candidate for success in the position.
Bargaining Unit:
Non-Aligned
Range/Band:
2
FLSA:
Exempt
Full-Time
Special Instructions to Applicants:
NGrowth has been exclusively retained to lead this search.
- As an EEO employer NJIT is committed to building a diverse and inclusive teaching, research, and working environment and strongly encourages applications from individuals with disabilities, minorities, veterans, and women.
- Diversity is a core value of NJIT and we are committed to make diversity, equity and inclusion, part of everything we do. We celebrate the diversity of our university community and
recognize the cultural and personal differences. We strive to cultivate an inclusive campus culture that promotes excellence among
our faculty, staff and students. Building a robust and diverse community is critical to NJIT’s continuing status as a premier institution
of higher education and a leading polytechnic university.
- Employment at NJIT is subject to the provisions of New Jersey First Act which mandates new employees, who are not NJ residents, to establish primary residence in New Jersey within one year of their appointment to certain positions. The law does not apply to any individual employed at NJIT on a temporary or per semester basis as a visiting or adjunct professor, teacher, lecturer, researcher or administrator. For more information on the act
- If special accommodations are needed in applying for a position, please visit the Department of Human Resources located in Fenster Hall, Room 500, University Heights, Newark, NJ 07102 or call (973) 596-3140. If you have questions, please email the Human Resources Department at hr@njit.edu.
- Information regarding NJIT campus security, personal safety, and fire safety including topics such as, disciplinary procedures, crime prevention, NJIT Police law enforcement authority, crime reporting policies, and crime statistics for the most recent three year period is available on the NJIT Department of Public Safety website. If you would like to obtain a copy of NJIT's Annual Security Report containing this information, you may contact the NJIT Department of Public Safety, 154 Summit Street, Newark NJ or by phone at 973-596-3120.
NJIT is an E-Verify employer and uses E-Verify to confirm work authorization of each new hire.
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