Cincinnati Children's Hospital-Vice President of Innovation Ventures

Gardner Innovation Search Partners   Cincinnati, OH   Full-time     Management
Posted on April 30, 2024
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Are you someone who is a progressive, out-of-the-box, and creative entrepreneurial thinker, with an ambitious, venture-minded approach to tech transfer, coupled with a strong business acumen?

Do you have strong emotional intelligence and the leadership skills to implement change management and work effectively with a variety of stakeholders across many different disciplines?

Then read on to learn more about the Vice President of Innovation Ventures at Cincinnati Children's:

The Vice President will oversee all CCHMC-generated intellectual property and technologies and lead the innovation effort, developing the technology as well as finding commercialization opportunities within the portfolio for innovation and technology products. This person will establish best practices and ensure the effective implementation across all aspects of licensing including invention assessment, intellectual property protection strategies, market analysis and commercialization strategy, negotiating and structuring licenses, option and other related agreements, and post-license surveillance. They will manage the portfolio of intellectual property working closely with the inventors and Legal staff to achieve the appropriate level of claim protection. The VP will manage the pipeline of technologies from invention disclosure to license expiration and manage all aspects of reporting, as well as align programs to CCHMC's strategic plan and support the achievement of goals. They will further plan, direct, implement and improve services and technical and administrative operations of the Innovation Ventures organization.

* Organization: Cincinnati Children's Hospital Innovation Ventures

* Title: Vice President of Innovation Ventures

* Salary range: $275-325,000 (depending on qualifications)

* Bonus: Position is eligible for a 20-25% bonus

* Work environment & Location: On-site required in Cincinnati, Ohio

* Visa Sponsorship: Must be a U.S. citizen or permanent resident

Job Duties

The Vice President will strategically and operationally steer CCHMC's technology commercialization efforts, with a focus on venture development. This position will be responsible for continually looking for alternative exit or translation pathways including, but not limited to, creating new companies and/or service businesses. This role may also help coordinate efforts to evaluate outside technologies that may be co-developed by CCHMC. This role may also be involved in the development of an innovation studio that can help develop solutions to ideas or problems.

Representative Responsibilities

* Technology Transfer and Commercialization Management: Provide the strategic direction, operational guidance and leadership to CCHMC's evolving technology commercialization and investment activities. a. Oversee all activity relating to technology transfer whether through transfer or commercialization. Manage and improve processes related to invention assessment, patent and market analysis, patent filing and prosecution and agreement negotiation, execution and maintenance. Develop strategies to commercialize CCHMC technologies, including options, licenses, sponsored research, and start-up companies based on CCHMC technologies.

* Relationship Management: Foster an entrepreneurial culture among faculty and investigators, guiding them to balance research potential with commercial opportunities. Engage and assist faculty in determining the appropriate balance of research that has the potential for commercialization versus traditional extramural funding. Work with Faculty and investigators to identify innovations, commercial opportunities and funding possibilities, and establish formal working relationships with industry and other partners in commercialization space. Establish internal and external advisory groups as needed. Develop relationships with industry, venture capital firms and individuals, technology assistance organizations, the State of Ohio's Third Frontier and other external bodies as needed. Manage relationships with start-up companies based upon CCHMC technologies.

* Operational and Patent Portfolio Management: Develop and maintain policies, processes and procedures regarding all aspects of technology transfer, including patent portfolio management. Develop training related to technology transfer to benefit investigators and other interested parties. Direct the daily activities of Innovation Ventures, through individual actions and through delegation of responsibilities. Responsible for annual operating and capital budgets and responsible for effective and efficient management of patent counsel and patent filing and maintenance fees and expenses.

* Staff Management: Build a team culture that values creativity, entrepreneurial thinking, and challenges conventional innovation paths. Proactively manage the selection, development, motivation, evaluation and discipline of Innovation Ventures personnel. Share knowledge and/or provide support for team members. Contribute to and promote a positive and professional work environment/atmosphere. Make job requirements and goals for each position clear to employees and provide sufficient training to achieve the desired level of competency. Coach and provide annual performance evaluations.


Qualifications

Required:

* Demonstrated executive capabilities

* Master's degree or equivalent

* Experience managing professional staff

Preferred:

* Technology transfer and/or related business experience that includes licensing, developing start-up companies, structuring and negotiating deals and complex contracts

* Record of productive biomedical or clinical research and/or proven industry experience AND related to academic tech transfer

Unique Skills:

* Organizational Agility: Understanding how to get things done in organizations; accurately identifying and initiating and cultivating relationships with key stakeholders and decision makers who have the ability to provide needed resources, information, or expertise; accomplishing objectives through formal and informal channels

* Regulatory Standards: Knowledge of related regulatory requirements and standards

* Strategic/Systems Thinking: Formulating credible, effective, long-range strategies to attain overarching organizational objectives; anticipating future trends, as well as potential threats or opportunities; accurately predicting how strategies will play out

* Communication - Advanced: Excellent verbal, written and interpersonal communication skills.

* Negotiation: Advanced skill in persuasively articulating one's position, carefully listening to others' positions, and tailoring negotiation tactics to bring all parties together and reach desired outcomes; striking a balance between being firm and being willing to compromise; preserving long-term relationships by demonstrating fairness and searching for win-win solutions.

* Organization: Possess strong organizational skills and attention to detail

Qualified for this Position?

We welcome your interest, referrals, and nominations for this position. Interested applicants should send a detailed resume and any questions to:

Lisa Rooney, Recruiter
lisa@gardnerisp.com
(740) 251-7390

Gardner Innovation Search Partners has been retained to manage this search. Gardner Innovation Search Partners is the top technology transfer recruiter in the world and is committed to presenting a diverse slate of candidates who possess the skills, expertise, and enthusiasm to thrive in this role.

Gardner Innovation Search Partners is committed to diversity in both people and ideas. Read more about our commitment to diversity and inclusion.

Cincinnati Children's is proud to be an Equal Opportunity Employer that values and treasures Diversity, Equity, and Inclusion. They are committed to creating an environment of dignity and respect for all employees, patients, and families (EEO/AA).

Read more here: Gardner ISP: VP of Innovation Ventures-Cincinnati Children's Hospital