Minntronix, Inc. A Standex Company · 1 month ago
Director of Business Development and Product Management MAG Electronics
Standex International is a global industrial growth company operating through market-leading brands in electronics and other sectors. They are seeking a Business Development Manager to identify and execute strategic growth initiatives, manage M&A activities, and collaborate across functions to drive business success.
ElectronicsHardwareManufacturingProduct Design
Responsibilities
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
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
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
Lead cross-functional teams to advance growth initiatives from concept through execution
Monitor progress, manage risks, and communicate updates to executive stakeholders
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
Qualification
Required
Bachelor's degree in Engineering, Business, Marketing or related field
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
Preferred
MBA or advanced degree
Company
Minntronix, Inc. A Standex Company
Minntronix, Inc, A Standex company, is a designer and manufacturer of custom magnetics including coils, inductors and transformers for industrial, medical and consumer electronics.
Funding
Current Stage
Late StageTotal Funding
unknown2023-07-31Acquired
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