As a UW employee, you have a unique opportunity to change lives on our campuses, in our state and around the world. UW employees offer their boundless energy, creative problem solving skills and dedication to build stronger minds and a healthier world.
UW faculty and staff also enjoy outstanding benefits, professional growth opportunities and unique resources in an environment noted for diversity, intellectual excitement, artistic pursuits and natural beauty.
The Creative Destruction Lab (CDL in the Foster School of Business has an outstanding opportunity for a full-time Site Operations Manager.
The Creative Destruction Lab (CDL) is an objectives-based program for massively scalable, seed-stage science and technology-based companies. The program’s objective-setting process enhances the performance of technical founders who learn from the insights of experienced entrepreneurs, increasing their probability of success. CDL is run as a partnership between CDL Global (based at the University of Toronto) and the business schools of nine leading universities. The universities act as a convener of talent, bringing together mentors, world-class scientists, and economists to accelerate and enable investment. CDL is a unique not-for-profit program. It does not charge participating entrepreneurs and takes no equity in their companies. CDL-Seattle will launch at the Foster School of Business at the University of Washington and will accept 25 deep-science companies from within and outside UW for the 2021/22 stream. CDL-Seattle will specialize in companies operating on the frontier of Biology and Computing. Companies which have that advanced beyond the concept stage apply (at no cost to them) to participate in CDL. Once companies are selected for participation, they participate in a 9-month long program, with 5 intensive full-day sessions with CDL mentors every eight weeks. At each session they assess progress and set new short-term objectives. Mentors are typically successful entrepreneurs from the local region or broader CDL community.
The Manager’s role and responsibilities extend beyond the Foster School. The success of CDL will depend on the director’s ability to bring great technology-company founders together with superb mentors (entrepreneurs who themselves have founded and built great companies), venture capitalists, leaders of other area accelerators, technology corporations and UW technologists and economists. To make this work, the manager must work widely across campus and build partnerships with the College of Engineering, School of Medicine and CoMotion to get their help to underwrite the program financially and encourage their faculty and students to participate. The CDL educational curriculum will draw students from across campus and include non-Foster STEM PhD students, as well as MBAs and undergraduates. As of 2021, the Allen School, College of Engineering and CoMotion are all committed as co-founders for the first three years. The Manager also must work with other Washington state research institutions as companies in the program will draw from PIs far beyond the University of Washington. The Manager will also need to be deeply involved in the Seattle entrepreneurial community, speaking at local and national events, and keep constantly in touch with the evolving state of the entrepreneurial ecosystem. Fund-raising is a continual activity, and CDL will be supported by several active multi-year donations, all of which will be raised by the Manager working closely with UW advancement. The Manager will also be responsible for a high-school outreach program to engage URM high-school students to participate in CDL.
For the Community in the Pacific Northwest, CDL will be an engine for the creation of massively scalable deep-science companies. Act as a bridge, drawing in the best in the Seattle entrepreneurship ecosystem to work with entrepreneurial faculty and students from across campus. It breaks down traditional silos. Accelerate the economic impact of UW innovation in the community For the University of Washington CDL will: create a forum where top researchers starting deep-technology companies have access to amazing mentors, be a place where CDL scientists technical experts and economists do research and present curated talks on emerging technologies and markets, be a magnet for top faculty and student talent, who will have front-row seats to, and immersion in, a year-long objectives based accelerator, energize faculty research through access to a unique startup dataset. All CDL company objectives and outcomes have been tracked since inception in 2012. This is a rich dataset on how companies were chosen, mentored, and subsequently performed as CDL alumni. This track record, including equity value created by each company, is available for review, analysis, and learning.
Site Leadership (25%):
Develop and manage relationships with key CDL stakeholders including, Fellows/Associates (mentors), Scientists, venture investors, and funding organizations.
Develop long-term strategies and goals to increase the success of the CDL site program in collaboration with the CDL-Global team.
Collaborate with CDL-Global team to manage all aspects of quality at CDL-site (including overseeing risk registry process) and produce all required reporting in accordance with the MOU.
Act as figurehead and spokesperson for CDL-site both inside and outside the University.
Site Operations (50%):
Oversee CDL-site operating team, which is responsible for event planning and logistics, venture recruiting, venture management, and implementing processes.
Ensure CDL-Global Standard Operating Procedures are implemented and adopted at CDL-site, provide mentorship and performance management to CDL Venture Managers.
Ensure CDL-site team is achieving its targets based on CDL KPIs (equity value creation and maximizing net promoter score from Fellows/Associates and ventures.
Ensure quality of all CDL documentation and external facing material.
Lead CDL-site session moderation and train other moderators as needed.
Assist site lead in securing financing from high-net-worth individuals and corporate partners to contribute to funding CDL-site operating budget.
Manage CDL corporate and government partners to ensure partner satisfaction and engagement with CDL ventures.
This position will direct and manage a staff of three (3), with planned grow of an additional 2-3 positions.
As a UW employee, you will enjoy generous benefits and work/life programs. For a complete description of our benefits for this position, please visit our website, click here.
Bachelor’s Degree in Business Administration or similar and a minimum 5 years’ experience in a senior management position or the equivalent combination of education and experience.
Experience leading teams and working with senior startup/technology leadership roles.
Strong understanding of business models and drivers of success in startups across several verticals.
Financial literacy and experience with fundraising and venture deals.
Highly motivated with a strong interest in all aspects of business development and relationship management.
Ability to analyze and systematically evaluate ventures.
Excellent written and verbal communication skills, and public speaking skills.
Passion to consistently meet or exceed performance objectives.
Strong, team-oriented work ethic with a willingness to work independently and autonomously.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
Master’s Degree in Business Administration
Previous experience founding a startup
Experience working as a consultant or advisor to a startup company
CONDITIONS OF EMPLOYMENT
Application Process: The application process for UW positions may include completion of a variety of online assessments to obtain additional information that will be used in the evaluation process. These assessments may include Workforce Authorization, Cover Letter and/or others. Any assessments that you need to complete will appear on your screen as soon as you select “Apply to this position”. Once you begin an assessment, it must be completed at that time; if you do not complete the assessment you will be prompted to do so the next time you access your “My Jobs” page. If you select to take it later, it will appear on your "My Jobs" page to take when you are ready. Please note that your application will not be reviewed, and you will not be considered for this position until all required assessments have been completed.
Founded in 1861, the University of Washington is one of the oldest public institutions in the west coast and one of the preeminent research universities in the world. The University of Washington is a multi-campus university comprised of three different campuses: Seattle, Tacoma, and Bothell. The Seattle campus is made up of sixteen schools and colleges that serve students ranging from an undergraduate level to a doctoral level. The university is home to world-class libraries, arts, music, drama, and sports, as well as the highest quality medical care in Washington State and a world-class academic medical center. The teaching and research of the University’s many professional schools provide undergraduate and graduate students the education necessary toward achieving an excellence that will serve the state, the region, and the nation. As part of a large and diverse community, the University of Washington serves more students than any other institution in the Northwest.