Business Development Manager
- Ohio, Illinois, United States
- Ohio, Illinois, United States
À propos
We are seeking a Bu
siness Development Manager
. This individual will play a key role in identifying, evaluating, and executing strategic growth initiatives—ranging from market expansion and partnership development to M&A support. This role requires a strategic thinker and strong communicator who thrives in a matrixed, fast-paced environment.
What You'll Do
Strategy & Market Development
- Lead market analysis to identify high-growth applications, regions, and customer segments.
- Develop business cases for organic and inorganic growth opportunities, including TAM/SAM/SOM analysis.
- Support the development and execution of long-range strategic plans.
- Lead the annual strategy planning process; develop critical questions that will be validated via VOC, analyze gaps to the winning position, and design initiatives to close gaps.
Mergers & Acquisitions
- Work closely with the VP to manage the M&A funnel, including sourcing, qualification, and diligence.
- Build financial models, synergy assessments, and integration plans in collaboration with cross-functional teams.
Cross-Functional Collaboration
- Collaborate with Product Management, Sales, Engineering, and Operations to align growth strategies.
- Contribute to Voice of Customer (VOC) efforts and translate insights into strategic actions.
Project Management & Execution
- Lead cross-functional teams to advance growth initiatives from concept through execution.
- Monitor progress, manage risks, and communicate updates to executive stakeholders.
Other
- Successfully identify strategic customers and build strong technical relationships with industry leaders.
- Set, monitor, report and achieve annual sales goals for assigned strategic growth laneways.
- Successfully track and improve Churn/retention rates influenced by product improvements
What You'll Bring
- Bachelor's degree in Engineering, Business, Marketing or related field; MBA or advanced degree preferred.
- 7 + years of experience in business development, strategy, or corporate development roles—preferably in an industrial or electronics manufacturing environment.
- Demonstrated success in leading complex business initiatives, including market entry, M&A, or partnership development.
- Strong financial modeling, analytical, and problem-solving skills.
- Excellent communication and executive presentation skills.
- Ability to work across geographies and cultures with strong interpersonal and collaboration skills.
Key Performance Indicators
- Revenue growth on targeted initiatives
Growth targets will vary by initiatives, but since most initiatives will have financial models, goal will be to achieve noted objectives.
M&A Advancement
Number of vetted M&A opportunities moved from initial contact to due diligence or deal execution stage per year (target: 5 quality targets annually).
Strategic Initiative Execution Rate (OTD)
Percentage of strategic initiatives (e.g., market entry, partnerships, NPI commercialization) launched or completed on schedule (target: 90% on-time execution).
Churn/ Retention
- Churn/retention rates influenced by product improvements
Compétences linguistiques
- English
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