In the dynamic world of Corporate Venture Building, where innovation and agility are key, the role of the manager takes on even greater importance. This person represents a vital element for leading teams towards the achievement of goals, creating an environment conducive to creativity, collaboration, and effective project execution.

Although there are parallels with profiles in other business models or large corporations, we at Byld find it interesting to break down the functions and delve into some necessary skills to perform this fundamental role in a model like ours.

Beyond traditional responsibilities, a highly effective manager at Byld possesses a set of key skills that make a difference when leading teams and innovative projects:

Strategic Leadership

It involves thinking long-term and understanding how current actions impact future goals. At Byld, as a manager, you not only set clear objectives but also help the team see the big picture, aligning individual contributions with the company’s overall vision. Additionally, you are the chief ambassador of our methodology, advocating for it and adapting it according to each project.

Management of Multidisciplinary Teams

In an environment like ours, similar to that of startups, teams are diverse in skills and experiences. Managing this diversity, fostering collaboration, and leveraging the unique talents of each member is essential. An effective manager recognizes and enhances individual strengths, creating an environment where everyone feels valued.

Impactful Communication

It’s not just about conveying information clearly, but also about inspiring and motivating. A good manager at Byld uses communication to align the team with the vision, generate purpose, and build trust. Furthermore, they know how to listen actively and give constructive feedback.

Quick and Effective Decision-Making:

In our environment, quick decision-making is fundamental. An effective manager quickly evaluates the available options, uses data and analysis to support their decisions, and takes responsibility for the outcomes. They also learn from mistakes and adjust the course when necessary.

Adaptability and Resilience

These are key in a constantly evolving business context. An adaptable manager adjusts to new circumstances, embraces change, and guides the team through uncertainty. Resilience means staying calm under pressure, learning from challenges, and leading with optimism even in difficult times.

Facilitation of Innovation

It involves creating an environment conducive to creativity and disruptive thinking. An innovative manager at Byld encourages experimentation, values unconventional ideas, and provides resources to explore novel solutions. They also take risks and learn from the failures of the innovation process.

Negotiation Skills

They are essential in a Corporate Venture Builder, where collaborations and agreements both internal and external are constant. A skilled negotiator understands the needs and motivations of all parties involved, seeks mutually beneficial solutions, and knows how to close deals that drive project success.

Empathy and Servant Leadership

These skills strengthen the internal relationships of the team. An empathetic manager understands the concerns and aspirations of the team, creating a positive environment and providing support when necessary. Servant leadership involves prioritizing the needs of the team over one’s own, promoting the development and success of others.

Time Management and Prioritization

It is fundamental to meet deadlines and objectives. An effective manager prioritizes tasks according to their importance and urgency, allocates resources efficiently, and keeps the team focused on key objectives. Additionally, they know how to delegate wisely, which is not always straightforward.

Continuous Development and Mentoring

Investing in the professional and personal growth of the team is key. An effective manager identifies learning opportunities, offers guidance, and fosters an environment where continuous improvement is valued. Mentoring helps share experiences and knowledge, strengthening the team’s ability to tackle challenges and grow professionally.

By combining these skills, we create a well-rounded and effective manager profile in the challenging context of Corporate Venture Building. They are not isolated attributes but interconnected gears that work together harmoniously to achieve success in this exciting adventure. In every challenge and achievement, the manager who masters these skills is the catalyst that transforms innovative ideas into successful business realities.

And you, from your experience, which of these skills do you consider the most essential?