Startup Data Analyst & Strategist (Innovation Center)

Company:  LG
Location: Santa Clara
Closing Date: 08/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

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 & Air Solution, Home Entertainment, Vehicle Components Solutions, and Business 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.

LG NOVA

LG Electronics’ North America Innovation Center (a.k.a., LG NOVA) in Santa Clara, California has an ambitious vision to become the nerve center of global innovation. Aiming to create the future of LG with the focus on disruptive and exponential growth areas such as healthcare, cleantech, and AI, LG NOVA’s mission is to create and launch new LG ventures by working with global corporations, startups, governments, and technology stakeholders using open/outside-in innovation.

Position Summary

LG NOVA is seeking an experienced and dynamic contract Startup Data Analyst & Strategist in the San Francisco Bay Area. The primary goal for this position is to maximize the value of data at LG NOVA to support our mission of creating, developing, and spinning out new businesses for the future of LG. Specifically, this role aims to guide LG NOVA in developing optimal new businesses for spinout by leveraging startup-related data and data-driven strategy to inform our ecosystem engagements and outside-in innovation processes.

The Startup Data Analyst & Strategist will conduct in-depth, evidence-based analyses of startups both within our ecosystem and externally. This role will utilize data to inform and evaluate strategies that support the creation of new businesses, drawing on both internal resources and external partnerships to swiftly address the specific needs of our unique startup development process. Additionally, it will involve developing engagement strategies for the ecosystem and building internal capabilities to assess the effectiveness of various approaches. A strong technical background, demonstrated leadership skills, and the ability to translate business requirements into technical solutions are essential for this role.

This Startup Data Analyst & Strategist will report to the Head of Grand Challenges & Ecosystem Development.

Job Responsibilities:

  • Data Analysis and Interpretation: Analyze data on startups in the LG NOVA ecosystem and startups external to LG NOVA.
  • Trends Analysis to Inform Strategic Decision-Making: Analyze large sets of data to extract insights, trends, and patterns that inform strategic decision-making.
  • Strategy Development: Create and implement data-driven strategies that align with business objectives to improve operational efficiency and competitiveness.
  • Strategy Analysis: Lead the execution of evidence-based analyses comparing current and future strategies while engaging ecosystem partners to analyze and integrate their strategic insights and recommendations.
  • Collaborate with Ecosystem Partners on Startup Data and Strategy: Identify and engage high-quality external ecosystem partners to enhance LG NOVA’s capacity to support new business incubation and the spinout process.
  • Tool and Technology Evaluation: Assess and recommend data analytics tools and technologies that best meet our organizational needs.
  • Data Governance and Maintenance: Implement and uphold data management practices to ensure data quality, security, and regulatory compliance. Perform data cleaning as necessary to prepare for analysis.
  • Performance Monitoring: Develop key performance indicators (KPIs) and dashboards to monitor the effectiveness of data strategies and inform ongoing improvements. Provide performance feedback in a timely fashion including monthly, quarterly, and annual feedback.
  • Work closely with cross-functional teams including Business Incubation, Engineering, Marketing, and Business Development to integrate data strategies into broader business initiatives.
  • Stakeholder Engagement: Communicate data insights and strategies to stakeholders at all levels, translating complex findings into actionable recommendations.
  • Training and Development: Provide training and resources to team members and stakeholders on data literacy and analytics best practices.
  • Project Management: Lead data-related projects from conception to execution, ensuring timelines and objectives are met. Ensure high-quality, scalable, and innovative solutions are developed within specified timelines and budgets.
  • Research and Innovation: Stay up-to-date with industry trends and emerging technologies to identify new opportunities for leveraging data including the use of AI-enhanced analytic capabilities.

Requirements:

  • Bachelor’s Degree in fields such as data science, statistics, mathematics, computer science, business analytics, or a related discipline. A Master's Degree or PhD in computer science, data analysis, or a relevant technical field is a plus.
  • Minimum 8+ years of relevant work experience in data analysis, business intelligence, or strategy development. Proven track record in analyzing startup-related data and in developing data-driven strategies. 5+ years of experience in data strategist role(s) is a plus.
  • Technical Proficiency: Minimum 8+ years experience with and proficiency in data analysis tools and programming languages such as Python, R, SQL, MATLAB, or similar.
  • Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret complex data sets and translate findings into actionable insights.
  • Data Visualization Skills: Experience with data visualization tools e.g. Tableau, Power BI, or similar to create compelling reports and dashboards.
  • Business Acumen: Understanding of business operations, strategies, and market dynamics to align data strategies with organizational goals.
  • Project Management: Experience in managing projects, including planning, execution, and stakeholder communication.
  • Communication Skills: Excellent verbal and written communication skills to effectively convey complex data insights to non-technical stakeholders including promptness in responding to requests from other teams and stakeholders.
  • Continuous Learning: A commitment to staying updated with the latest trends, tools, and technologies in data analysis and strategy.

Preferred Qualifications:

  • Experience working in new business incubation or startup environments.
  • Familiarity with cloud platforms, AI/ML, or emerging technologies is a plus.
  • Experience with agile methodologies and rapid development cycles.

Location:

  • This position will work out of the LG NOVA office in Santa Clara, California. Travel may be up to 10~20%.
  • This position will be a hybrid position. Current hybrid policy is to be in the office on Tuesday, Wednesday, and Thursday.

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.

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