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Business Development ManagerStandex ElectronicsOhio, Illinois, United States
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Business Development Manager

Standex Electronics
  • US
    Ohio, Illinois, United States
  • US
    Ohio, Illinois, United States
Postuler Maintenant

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
  • Ohio, Illinois, United States

Compétences linguistiques

  • English
Avis aux utilisateurs

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