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Intern – Strategy and Business Initiatives in Washington, DC at Arconic

Date Posted: 11/21/2018

Job Snapshot

Job Description

We’re currently seeking highly motivated and energetic business students to join our team as interns in our Corporate Resource Units. An internship at Arconic allows students to be a part of dynamic and innovative projects, while providing ample mentoring and professional development opportunities. Working alongside business leaders, our Corporate interns have the opportunity to sharpen their skills through hands-on learning. An internship with our Corporate team will provide you with invaluable experience that you could utilize in any role, and it is Arconic’s goal to evaluate its interns for potential entry-level openings. With over 60 locations across the US, there are opportunities to work in a variety of places around the country.
 
The Strategy & Business Initiatives (SBI) works closely with senior leadership across the organization to develop and deliver impactful solutions to some of the company’s most pressing strategic challenges. We provide thought leadership by leveraging a first-principles approach to solving problems and driving results. In addition to shaping business strategies, SBI often sees its efforts through to implementation, ensuring the desired transformation is achieved and sustained.
 
Our portfolio of work is diverse – spanning from the boardroom to the shop floor and across a broad range of practice areas, including:
  • 5-year strategic business planning
  • Growth and portfolio strategy
  • Technology commercialization
  • Benchmarking and cost reduction
  • Capital allocation
  • Operations strategy and improvement
  • Post-merger integration
  • Special corporate initiatives
     
    As a Strategy Intern, you will have exceptional opportunities to take on challenges that will test your abilities to think strategically, innovate and execute. The skills that you will build as a member of the SBI team will prepare you to succeed in any business endeavor you may pursue. Through your project work you will:  
  • Develop an Executive Mindset: You will work with business leaders to understand their most pressing business issues and quickly prioritize the immediate actions needed to drive progress forward.  You will be the owner of your workstream to ensure key deliverables are met on-time and with a high-degree of quality. 
  • Learn to Navigate through Ambiguity: Many of the strategic questions and critical business issues you will encounter will not be accompanied by perfect data. You will need to take a creative approach to drawing insights with limited information and triangulating data points from multiple sources to validate your findings.
  • Develop an Independent Point of View: We add value to our company by offering new perspectives and challenging conventional thinking. You will learn to quickly form opinions and hypotheses on important strategic issues for Arconic and its businesses.
  • Structure and Presentyour Ideas and Recommendations: You will develop and deliver executive-level presentations that clearly and concisely tell a compelling story.  
  • Generate Extraordinary and Lasting Impact: While success for many of our projects is typically measured at the bottom-line, our work also tends to have tremendous positive impact for our business partners, who are oftentimes under great pressure to meet financial/performance targets and solve extremely challenging business problems.
  • Build a Strong Network: By collaborating with stakeholders across the company and delivering impressive work, you will develop a robust professional network within Arconic, which could help pave the way for your next career move. 
     When you join SBI, you are joining a group that will challenge you and invest heavily in your professional development. SBI facilitates interactive development programs, with monthly trainings focused on strategy, leadership, project management, and company-specific topics. SBI also organizes offsite training and development functions that engage the entire team.  Beyond formal training, SBI provides informal development opportunities – in particular, giving and receiving real-time feedback is a big part of our culture and something we take very seriously. Moreover, through your daily interactions, you will gain significant exposure to Arconic’s business leaders and C-level executives in action.
     Ideal Strategy Intern candidates possess qualities that include:
  • A strong record of project and people leadership in a professional setting and drive to build a high performance team environment
  • Demonstrated ability to thrive in fast-paced, deadline-driven environments
  • A passion for leading positive change throughout organizations
  • The ability to draw key insights from complex and ambiguous business challenges
  • An aptitude for problem solving
  • Strong interpersonal and communication skills
  • A strong commitment to excellence and personal and professional growth
  • Being resourceful, responsible, tenacious, curious, independent, confident, and high energy
  • High level of maturity and self-awareness
  • Good sense of humor and ability to balance work and fun 
  • Willingness to travel, sometimes 3-4 days per week
    In addition to the above qualities, Strategy Interns will perform the following responsibilities:
  • Guide, coach and collaborate with Business Unit (BU) and Corporate Resource Unit (RU) team members to answer key strategic questions
  • Perform primary and secondary research
  • Conduct interviews and lead group sessions/workshops
  • Synthesize business insights derived from analysis into clear and concise recommendations for business leaders
  • Perform assessments to develop insights and action plans to achieve best-in-class performance
  • Recommend and implement practical solutions while working directly with stakeholders to drive business improvements


Qualifications

Basic Qualifications:
  • 3.0 GPA and above
  • Prior work experience.
  • Must be currently enrolled in a Master’s degree program in Business Administration, Economics, or Engineering