The pathway
How you actually get there, here
How you become one varies far more by country than what one does. This is the UK route. Most people take one of these ways in; the right one depends on where you're starting from.
- 1
Open Innovation Manager (L5) to Director
3-5 years as an L5 ManagerSkills to master
- Mastering portfolio management for a significant business area, building and leading a team of managers, consistently delivering scaled innovations, and developing strong C-suite communication skills.
You're ready to move on when
- Successfully managed an innovation portfolio with an NPV of £5M+.
- Consistently transitioned 1-2 pilots into scaled operations annually.
- Received strong feedback on leadership, team development, and strategic influence.
- Proactively identified and addressed significant market shifts or technological threats.
- 2
Director of R&D Partnerships (from another large corporate)
Direct entry, assuming equivalent experienceSkills to master
- Quickly understanding our specific industry sector, internal R&D capabilities, and corporate culture. Building immediate credibility with our executive team and key internal stakeholders.
You're ready to move on when
- Proven track record of leading similar-sized teams and managing multi-million pound innovation budgets.
- Demonstrable experience in a highly regulated or complex R&D environment.
- Strong network of external partners relevant to our strategic objectives.
- Ability to articulate a clear vision for open innovation within our specific context during interviews.
- 3
Head of Corporate Venture Capital (CVC) or Venture Partner
Direct entry, assuming strong operational R&D backgroundSkills to master
- Translating investment theses into actionable R&D collaboration opportunities, managing the relationship between venture capital and corporate R&D, and understanding the nuances of internal product development cycles.
You're ready to move on when
- Experience with both investment and operational aspects of innovation.
- A deep understanding of startup ecosystems and venture deal flows.
- Proven ability to identify and nurture high-potential technologies beyond just financial returns.
- Strong strategic thinking combined with a pragmatic, results-oriented approach.