Business Development Intern Job at SmartThings, Mountain View, CA

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Job Description

Description


We’re SmartThings, one of the leading IoT ecosystems in the world, creating the most effortless way for anyone to create a smart home. As an independent subsidiary of Samsung, our corporate offices are based in Minneapolis, the Bay Area, and remote home offices throughout the US.

SmartThings’ culture is built on our core values, offering singular opportunities to make a real, immediate impact in every role. With our focus on trusted ownership, connected leadership and radical empathy, we embrace inclusive practices and celebrate everyone’s uniqueness on our team.

Like the smartphone revolution, smart home technology is transforming the way we interact with the world around us. With SmartThings products, we’re reducing global emissions, improving service industries, and creating a safer, smarter planet. Come be a part of the transformation with us!

SmartThings has Summer Fridays so you will be working 32 hours a week.

Duration
The internship program will last 10 weeks, providing a comprehensive exposure to the industry. This will be a hybrid role at our Mountain View, CA office location.


Key Responsibilities


Program Overview
  • Conduct industry research, including market trends, key players, regulatory environment, and emerging technologies in the smart home space
  • Perform a competitive landscape analysis, assessing the strengths and weaknesses of the company's competitors, their market share, pricing strategies, and value proposition
  • Identify new revenue opportunities, potential partnerships, and market entry strategies and prioritize based on revenue potential, feasibility and other key factors
  • Develop detailed business plans for the new revenue opportunities identified, including financial projections, key performance indicators, and implementation timelines
  • Present and communicate findings and recommendations to the senior leadership team, and communicate the results of their research to internal stakeholders

Skills Knowledge and Expertise


Inclusive Hiring Practices

Our hiring team is passionate about diversity, equity and inclusion, and the data shows that candidates from underrepresented groups are less likely than others to apply for a career opportunity if their qualifications and experience don’t appear to be an identical match. We welcome candidates from every professional background, so even if you aren’t certain you meet every requirement, we encourage you to apply!

Skills and Qualifications
The ideal candidate for the MBA internship program should possess strong analytical and problem-solving skills, be familiar with market research and industry analysis methodologies, and have excellent communication and presentation skills. They should also have a good understanding of the smart home industry, emerging technologies and trends, and possess a keen interest in consumer technology.

Requirements
  • candidates should pursue an MBA degree or equivalent advanced university degree
  • 3-5 years of experience in strategy, planning, business operations
  • Completion of internship experience powerpoint presentation on program end date
  • Ability to complete a 10-week internship (June - August 2023)
Benefits:
The MBA internship program provides a unique opportunity for candidates to gain practical experience in the Smart Home industry, develop their analytical and strategic thinking skills, and build relationships with industry experts and professionals. It also offers a platform to learn from experienced professionals in the field, and gain exposure to the latest trends and technologies in the industry. Successful interns may also have the opportunity to be considered for full-time employment upon completion of their MBA program.


About SmartThings

Creating a safer, smarter world with you.

SmartThings brings your home to life by being the leading open platform for the consumer Internet of Things. Bringing together developers, device makers, and service providers to make the world a smarter place. From a door that knows when to lock itself, to a living room that can get the party started or a sink that can help to call a plumber; the opportunities are endless to make everyday objects around us more useful. So if you’re innovative, not afraid to challenge status quo, collaborative and have a passion for technology, then you’ve found your next home with SmartThings!

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