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Innovation & Design Recruiting Wharton MBA Career Management &
Innovation & Design Club
Part 1:
Overview of the Innovation & Design space / roles
Mike Lytle Innovation & Design Club Co-President
Part 2:
Recruiting with Innovation & Design Firms
Porsha Alexander Recruiting Relationship Manager
Jennifer Savoie Sr. Associate Director/Career Advisor
recruiting.
“Who you are: A fun, genuinely
open-minded collaborator
who wants to turn their
previous work experience and
MBA education into an exciting
and nontraditional venture
into the branding innovation
space.” - co:collective
Innovation & Design – Major Players
MBA Career Management
11
A few firms where Wharton Alumni are now or have been:
MBA Career Management
12
Innovation & Design Firms - Internship Offer History
MBA Career Management
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1
2
3
4
5
6
7
8
2010 2011 2012 2013 2014 2015 2016
Offers
Accepts
Wharton MBA students
Multi-year Internship Median Monthly Salary: $5,000 (range $1,500 - $10,000)
Innovation & Design Firms – Fulltime Offer History
MBA Career Management
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0.5
1
1.5
2
2.5
3
3.5
2010 2011 2012 2013 2014 2015 2016
Offers
Accepts
Wharton MBA students
Multi-Year Fulltime Median Annual Salary: $110,000 (range $65,000 - $175,000)
Innovation & Design Recruiting – What recruiters seek in candidates
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Ability to work in multi-disciplinary teams
Can work with designers, social researchers, engineers, etc.
Strong qualitative and quantitative skills
Firms generally just expect quant skills because you are at Wharton
Passion for conducting research and finding answers
Quirky people welcome – non-linear thinking valued
Creativity / comfort with creative concepts
Don’t always need management consulting experience
Creativity / comfort with creative concepts
Innovation & Design Recruiting – Why to Network
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Exposure – Gain insights into what’s happening in the field, at the firms
Learn – Every firm is different. You must internalize those differences as you get into
the process in order to do well
Advice – Seek to understand how to most successful in the job search
Sell – Know your value proposition – for this sector, for each firm
Referrals – Get more connections
Innovation & Design Recruiting
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Still a relatively “new” arena; don’t worry that the process is enterprise
Recruiting is often organic, accomplished through both active networking and
submitting impressive job applications
Show initiative: Hustle and be “scrappy”
Keep your eye on your target firms’ sites (and CareerPath) for postings
Network and follow up - Cultivate connections in this industry
Use club, students/alumni and LinkedIn
Learn how target firms talk about themselves and their methodology
Participate in key events (like treks and the MBA Innovation Summit)
Figure out your story; talk succinctly about your goals and passions
Recognize the importance of “fit”
Tell stories with vivid language and imagery
Have a point of view on innovation and/or design
Innovation & Design Recruiting – 2 key questions
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Where can I find a list of these firms?
Quora Article “What companies are similar to IDEO?”
https://www.quora.com/What-companies-are-similar-to-IDEO
Should you create a portfolio / webfolio ?
Not all jobs ask for one, especially those that target MBAs
However, it’s nice to have something when asked for it
Here is an alumni example:
https://justine-lai-bekw.squarespace.com/#hello
APPENDIX
Every firm is different. Do your homework
Example 1 . . .
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Every firm is different. Do your homework
Example 2 . . .
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Every firm is different. Do your homework
Example 3 . . .
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