Director, Enterprise Strategy - Northbrook, United States - Idex Corporation

Idex Corporation

Verified Company

Northbrook, United States

1 day ago

Posted by:

Mark Lane

beBee recruiter

Description

Director, Enterprise Strategy

The Director, Enterprise Strategy will play an essential role in our enterprise efforts to unlock growth through organic initiatives, innovation efforts, and deploy capital via transformative inorganic investments to drive enterprise value.

This role will collaborate with the Chief Strategy and Innovation Officer and the broader IDEX strategy community to shape our strategic direction, analyze new enterprise growth opportunities, developing partnerships and coordinating strategic initiatives.

Reporting into the SVP, Chief Strategy and Innovation Officer, they will lead the research and assessment to develop a strategic plan along with building a well-defined pipeline of organic initiatives, and M&A targets by identifying companies that align with strategic goals and partnering with business leaders to develop analytics and rationale to support acquisitions.

What's unique and exciting about this role:

Being part of a strong company with a track record of performance & stock appreciation
Access to and frequent interaction with Clevel and Executive Leadership Team
Internal career growth opportunities
Enterprise level strategy development & execution

Key Accountabilities

Conduct primary and secondary research to build a deep understanding of market spaces and acquisition targets that can extend us into new spaces
Conduct market work to ensure we have early conviction in the space: industry and market sizes, structure, scope and trends, competitive threats relevant products, technologies, and services for potential growth.
Progress the work of establishing an enterprise growth framework for targeted assessment
Evaluate, develop the financial analysis for, and pursue investments that deliver against those core business strategies
Support the portfolio analysis effort reviewing current businesses and platforms
In partnership with the SVP, Chief Strategy and Innovation Officer lead the development of a comprehensive strategic plan and acquisition target list by cultivating a deep understanding of market dynamics:
Conduct thorough analysis of industry and market landscapes, evaluating size, structure, scope, and trends.
Identify and assess competitive threats and profitable business opportunities for the organization, including potential growth avenues encompassing products, technologies, and services.
Craft visual market maps presenting key market segments and opportunities, facilitating clear strategic decisionmaking.
Develop a robust pipeline through proactive engagement and cultivation
Collaborate with key stakeholders across the organization to identify and vet companies aligning with strategic objectives, fostering strategic partnerships in both established and emerging market domains.
Drive lead generation initiatives, nurturing relationships to cultivate a diverse and robust pipeline that has a successful conversion rate.
Drive the advancement of IDEX's innovation capabilities, shaping toolkits and metrics to uphold excellence and measure success:
Establish comprehensive innovation metrics in collaboration with business leaders, aligning internal benchmarks with industry best practices to gauge performance and drive continuous improvement.
Foster a culture of innovation across the organization through targeted training and coaching, empowering leaders and peers to excel in innovationdriven initiatives and strategic endeavors.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

Minimum of 610 years of strategy consulting in Industrial niches (should have reached engagement manager or equivalent level), private equity or corporate strategy experience.
Strong team leadership capabilities and communications skills; an ability to work with and influence a variety of different positions within an organization.
Experience preferred in industrial engineered products manufacturing or durable goods manufacturing.
Experience conducting primary and secondary research on target companies and their markets, channels, and competitors.
Strong business and financial acumen with exceptional analytical skills.
Drive for Results: A selfstarter who can manage multiple projects and activities end to end. Has the capability and willingness to "rollup" their sleeves to achieve results; will do so in a persistent and resilient way to work through obstacles.
Low ego and a strong team player. Lives the IDEX Values of Trust, Team, and Excellence.

EDUCATION
A Bachelor's degree required, and MBA preferred.

LOCATION
Ideally based in Northbrook, Illinois

IDEX Leadership Attributes

While IDEX leaders are a diverse group of individuals with differing backgrounds, experiences, and personalities, we've found some attributes are prevalent across successful leaders at IDEX.

Successful IDEX leaders are authentic, values/purpose-driven, and dedicated to the pursuit of learning and growing self (and others). They tend to be self-aware, nat