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Digital Technologies – Global Commercial Director
3 months ago
THIS SEARCH WAS SUCCESSFULLY COMPLETED.
About the Company
Our client is an award-winning Canadian, employee-owned multidisciplinary firm that delivers a comprehensive range of technical and strategic services, including consulting, information technology, engineering, process development, project and construction management to the Mining, Metallurgical, Energy, and Infrastructure sectors. The firm has served clients for over 80 years and has project experience in more than 150 countries around the world.
Our client is widely recognized for its ability to bridge the gaps between research and innovative technologies, and between engineering and reliable operations. The firm is particularly known for working with clients to develop business strategies and technologies; managing and optimizing production; executing projects that involve the scale-up of process technologies; and managing start-ups, commissioning and ramp-ups.
Our client delivers unprecedented business results for its clients through a commitment to quality, lower operating costs, more efficient utilization of capital assets, higher standards for safety and risk management, faster start-ups and continuous performance improvements in all projects and programs.
Scope of Position
Our client is currently seeking a highly accomplished individual to help develop/mature the firm’s growing global technology business which boasts both a complement of internally developed as well as customer solutions undertaken around the world. Reporting to the global leader of the digital business the role will assist on a broad range of issues from strategy to business modelling, go to market strategy development, pricing, contracts, licensing, SLAs, major client agreements, business development, and JVs/partnerships.
The role calls for someone who knows how both technologies and innovation can be deployed to best effect; an integrative thinker who is comfortable and has experience with many business models in the technology sector; a builder and an implementer. Working with the company’s full complement of capabilities, the Global Commercial Director will give identity, structure, direction and drive growth utilizing the firm’s unique abilities for disruptive thinking, technology, scale and business case driven solutions and products to enhance customers.
Success will involve coordination with the company’s customers, its internal business unit directors, technology directors and 3rd party organizations to refine the business such that the commercial value from the company’s products, technologies and solutions are maximized.
The successful individual will be an entrepreneurial businessperson with a portfolio of successes in converting ideas, new technologies into substantive businesses.
The position will be based in the firm’s Toronto offices.
Functional Tasks
- Assist product leaders with commercialization strategies commercial terms, and partner agreements.
- Advise product leaders on intellectual property protection methods.
- Mentor and educate project personnel on commercial issues.
- BU specific activities as requested such as Project Value Benefit Analysis, write-off reviews, etc.
- Interface with Project Managers and Sponsors, Shared Services support team members (HR, Finance, and Proposal Teams), Joint Venture partners and client representatives regarding Digital products and project commercial and business issues as necessary.
- Develop and review commercial arrangements and terms contained in proposals and contracts, including the prime contract, subcontracts and Joint Venture agreements for all Digital products, projects and proposals.
- Prepare standard Intellectual Property (IP) terms and conditions for inclusion in all Digital proposals and contracts to ensure the protection of Background IP and for the treatment of co-created foreground IP.
- Given the relatively new commercial models being used by the Digital practice, aid with typical software development contracting vehicles, including recurring revenue and licensing models.
- Develop NDAs, MOUs and JVs with technology partners and other third-party companies that become engaged as part of the technology ecosystem during project execution.
- Continuous improvement of existing commercial arrangements: limitation of liabilities in line with Corporate requirements, reduction and mitigation of risks being undertaken, achieving target multipliers and cash neutral or cash positive payment terms, reduction and elimination of problem receivables.
- Assist with preparation and presentation of Global and Regional Risk Review documentation.
- Lead in negotiations with clients on contractual and commercial terms.
- Interface with the regional BP leadership and Project Managers regarding ongoing updates to sales forecasts.
- Involve with business intelligence and developing market strategy with Business Unit Leads.
- Client engagement at the appropriate level, developing client relationships as required.
- Interface with Shared Services for Commercial proposals including Legal (T&C’s), Finance (Rates, bonds, country entity setup), Taxation, etc.
- Work with Product and Project managers and project staff to ensure smooth project start-up and team mobilization.
- Together with the project team, Commercial Managers, ensure proper prime contract and Joint Venture invoicing setup, contract compliance and change management.
- Develop strategy and implement business cases to maximize commercial value of identified opportunities.
- In conjunction with other company leaders, identify opportunities to expand service offerings associated with new technologies.
- Work with the senior management team to develop, refine and implement the strategic direction for the division.
- Continue to build world-class capabilities.
- Focus the team to accelerate and drive the growth of the business, new market penetration and development, sector leadership and profitability.
- Remain abreast of the industry, competitors and technology trends.
- Where possible, leverage relationships and projects to the benefit of other divisions and the organization as a whole.
Key Performance Deliverables
In light of the identified responsibilities, the following are specific deliverables that the position is designed to achieve.
- Specific performance measures will be discussed with and agreed upon with the successful candidate.
Competency Profile
The following competencies define the role of Global Commercial Director:
Strategic Approach
Develops a strategic plan to realize the vision. Revises strategy in light of changing circumstances. Takes a long-term view of organizational success.
Commercial Acumen
Applies appropriate commercial and financial principles. Understands situations in terms of costs, profits, added-value and return on investment.
Results Orientation
Focuses strongly on achieving agreed upon outcomes and ensures that key objectives are met.
Initiative
Proactive. Seizes opportunities and acts upon them immediately.
Customer/Client Orientation
Strives to provide customers/clients with personalized and efficient service. Anticipates customers’/clients’ needs.
Industry & Market Awareness
Seeks to anticipate and respond to industry and market changes/challenges.
Boundary-Spanning
Incorporates information about the organization’s structure and protocol into decisions.
Team Skills
Helps to create a sense of team spirit and harmonious relations through cooperation and support.
Role Expertise
Demonstrates critical technical or professional knowledge/skills related to the role.
Preferred Experience / Education
The following indicates specific industry, academic and functional experience/qualifications that are important to the successful achievement of the identified responsibilities:
- Minimum of 10 years of experience in senior consulting/leadership capacity preferably with experience in engineering.
- Engineering degree and/or business degree – preferably both.
- Relevant experience in an industrial software business – desired 15+ years.
- A highly intelligent, strategically minded executive with superb communication and interpersonal skills.
- Industrial Sales or Business Development experience a plus.
- Knowledge and practical experience dealing with intellectual property.
- Minimum 10+ years’ experience with software licensing and various commercial models.
- Strong analytical skills for cost estimating, pricing, terms & conditions and financial review.
- Strong writing skills for preparation of commercial proposals and correspondence to clients.
- High collaborative, strong team orientation well-suited to building consensus in a global concern.
- Experience in building and managing distributed teams of professionals.
