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Business Development Manager

Job in Cincinnati, Hamilton County, Ohio, 45208, USA
Listing for: Standex Electronics
Full Time position
Listed on 2026-02-16
Job specializations:
  • Business
    Business Management, Business Analyst, Business Development, Corporate Strategy
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

We are seeking a Business 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
  • 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
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