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Steven Fifita
Corporate and start-up strategy and venture advisory.
Professional Background
Steven Fifita is an innovative leader in the design, build, and finance of new technologies, particularly at the intersection of cyber-physical systems. With extensive expertise in Smart and Renewable Communities, Steven has successfully forged collaborative partnerships between start-ups, corporate entities, universities, and government organizations. His extensive career traverses a myriad of industries including high technology, smart cities, media and telecom, financial services, healthcare, retail, mobility, and infrastructure.
His passion lies in empowering entrepreneurs, organizations, and communities to visualize, plan, and execute their strategies for entering new markets via innovation and investment initiatives. Steven has honed his skill set as both an entrepreneur and an executive, navigating the complex landscapes of start-ups and Fortune 100 companies alike.
Education and Achievements
Steven’s academic background is robust and diverse, highlighting his commitment to understanding innovation and entrepreneurship on a global scale. He has studied the Stanford Project on Regions of Innovation and Entrepreneurship, as well as Innovation and Entrepreneurship at Stanford University. Additionally, Steven holds an MBA in International Management from the Thunderbird School of Global Management, and a Master’s degree in Information Management from Arizona State University. He began his academic journey with a Bachelor's degree in Economics from Oregon State University.
His educational foundation equips him to deal with complex business and technological challenges and foster education and innovation—qualities he further demonstrated during his tenure as an Adjunct Professor at the Kaplan Institute for Innovation and Tech Entrepreneurship at the Illinois Institute of Technology.
Notable Positions
Throughout his career, Steven has held numerous prestigious positions. He was the Managing Partner at Artemis Venture Group and served as the Senior Vice President of Digital Innovation and Technology at Strategic Property Partners, LLC. Another highlight of his extensive career includes his role as the Managing Director of Technology Commercialization and Smart Cities at MxD, formerly known as UILabs. Here, he applied his comprehensive knowledge to advance smart city projects and initiatives.
As a Venture Partner at Forté Ventures and the Head of Corporate Development and M&A at Best Buy Co Inc, Steven played a pivotal role in guiding corporate strategies and fostering growth through mergers and acquisitions. His earlier positions as Chairman of the Economic Advisory Board and Research Fellow at Stanford University, as well as in Global Treasury management at HP, showcase his diverse experiences in finance, economic research, and strategic corporate development.
At Cisco Systems Inc, Steven’s role as the Head of Emerging Markets and Economic Research & Analysis within Corporate Strategy further exemplifies his ability to understand global market dynamics and leverage data-driven insights for competitive advantage.
Areas of Expertise
Steven Fifita's specialties encompass a broad range of areas, including Open Innovation & Incubation, where he focuses on strategies from start-ups through to corporate and governmental innovation. He is adept at developing new products and their commercialization, a crucial aspect in today’s competitive markets.
He is also highly knowledgeable in Cyber-Physical Systems development, including IoT, AI and Machine Learning, robotics, autonomous systems, and intelligent infrastructure, which are pivotal in modern technology ecosystems. His international network extends across start-ups, accelerators, and corporates in the Americas, Europe, Asia, and the Middle East, reflecting his global engagement and understanding of various markets.
Steven’s professional acumen extends into corporate development, where he focuses on M&A (mergers and acquisitions) and strategic alliances, ensuring successful corporate ventures and originations. Through effective operations optimization and digital transformation strategies, he has aided organizations in planning lengthy market entries and long-range objectives, optimizing their businesses in this rapidly changing digital landscape.
His work across high technology, media, telecommunications, cloud-based services, eCommerce, and Smart City initiatives underscores his ability to bridge the gap between technology and community advancement, providing significant contributions to the industries he engages with.
Conclusion
A visionary leader, Steven Fifita embodies innovation and the pursuit of excellence. His diverse education, extensive professional experience, and unwavering commitment to collaboration position him as a key player in bringing cutting-edge technologies and smart solutions to communities around the globe. With his expertise spanning various sectors, he continues to inspire and drive impactful change, shaping the future of our societies through technological advancements and strategic ingenuity.
