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Steve Faktor

SF
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Roles available for:

  • Fractional
  • Consulting
  • Contract
  • Interim

FCIO

Fractional Chief Innovation Officer

  • new york, New York, United States
SF
Message

Steve Faktor

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Roles available for:

  • Fractional
  • Consulting
  • Contract
  • Interim

FCIO

Fractional Chief Innovation Officer

  • new york, New York, United States
Experience
  • Senior Vice President, Innovation & Growth Ventures

Strengths in this role: — Blazingly fast unconventional thinker, innovator, strategist & problem-solver — Trusted advisor with deep understanding of organizational psychology & how to innovate in large, complex organizations — Expert in economics, payments & emerging trends & technologies, focused on driving growth

Industry Group: Finance

Industry: Financial Services

Years of experience: 20 years

Industry Group: Corporate

Industry: Management Consulting

Years of experience: 20 years

Industry Group: Consumer Goods

Industry: Consumer Electronics

Years of experience: 10 years

Industry Group: Consumer Goods

Industry: Consumer Goods

Years of experience: 7 years

Company name: American Express

Company size: 65,000 employees

Role in this company: — Head of Chairman’s Innovation Fund — Led corporate innovation, incubation & venture for $50M Chairman's Innovation Fund — Managed $350M acceleration fund for existing businesses; Accelerated & tripled currency exchange business — Launched four $150M loyalty, data & payments businesses. — Developed & managed companywide pipeline of $2B+ of new revenue opportunities in 5 strategic growth areas — Developed three $115M+ new business alliances with IBM & two startups across 4 divisions

Company name: Citi

Company size: 300,000 employees

Role in this company: — Senior Vice President – Innovation & Growth Ventures — Managed new product & service development programs to boost organic growth by 5% across 3 global divisions — Deployed innovation management program; generated $200M+ new revenue pipeline; Produced one year ROI — Invented revolutionary model bank branch piloted in Japan & Singapore — Reduced product development cycle time from 6 to 3 months via “Fast-Track” redesign of critical processes

Company name: MasterCard

Company size: 24,000 employees

Role in this company: — Led strategy, innovation & marketing projects for Head of Global Product (reported to CEO) — Served as COO managing $31M budget & $220M P&L, reporting to Global Head of Commercial Products — Created two $150M+ data & loyalty businesses: Commerce Coalition/Intelligence & SpendingPulse — Led development of cross-organizational pre-IPO global merchant strategy — Formulated 3-year Product Development strategy, overhauling product org — Developed alt pricing system impacting $800B volume

Company name: Andersen

Company size: 80,000 employees

Role in this company: — Management Consulting Manager — Delivered strategy, e-commerce, startup advisory, & technology implementation projects from $250K to $1M — Devised B2B & B2C strategy for five divisions of Samsung Electronics with 3-year ROI

Company name: IdeaFaktory

Company size: 10 employees

Role in this company: Founder/CEO — Provide innovation (product & service development, IP licensing & monetization), venture, strategy, & trend forecasting services to clients like Hallmark, Hanes, Weight Watchers, JG Wentworth, Samsung, Intel & more, with 12+ consumer launches — Facilitated 18+ acquisitions, partnership & commercialization $475M+ in deals — Advisor to executives & startups — Thought leader: speaker, futurist author (Econovation, Wiley), LinkedIn Influencer, Forbes, WSJ, HBR, Bloomberg, Inc.

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Dear Employers, Members & Friends of GigX

 

First, we hope you and yours are as safe and well as possible, considering these unprecedented times.

Second, we wanted to make you aware of the new membership & pricing options so you can see what we've been working on for the community. You can find further information on our blog, as well as a variety of other helpful content.

Third, for employers and outplacement companies that are facing the necessity and consequences of layoffs and furloughs, we have solutions such as volume pricing to allow the inclusion of a GigX Membership in transition/service packages to ease the adjustment and provide access to the gig economy for those affected.

Finally, we are pleased to announce a new partnership with SoleVenture that will provide GigX Members with additional benefits, and opportunities for SoleVenture’s customers to increase their exposure.

Together we will persevere.

Stay strong!
The GigX Team