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Business Development Strategist
2 months ago
Trane Technologies is seeking a Business Development Analyst to provide analytical support and market research that will influence the strategic direction of initiatives, inorganic growth, partnerships, and our innovative product and service offerings within the residential business unit.
Key Responsibilities- Conduct thorough market research and feasibility studies to analyze the viability of alternative business development opportunities.
- Understand strategic drivers, market dynamics, competitor strategies, operational characteristics, and customer behavior to support business development strategy and inorganic growth pipeline.
- Present findings, insights, and recommendations to key stakeholders and executive leadership in a clear and concise manner.
- Create standard process for assessing trends in competitor AHRI ratings, market share, and product portfolios to provide actionable competitive insights to the product growth teams.
- Partner with the Corporate Innovation team, Corporate Development, and other Strategic Initiatives teams to help mature target opportunities.
- Lead critical project tasks in the development of innovative products and services.
- Develop and maintain internal and external partnerships in strategic market domains.
- Bachelor's degree in Business, Marketing, Economics, or a related field. Advanced degree preferred.
- 5+ years of experience in product management, market analysis, or related field
- Demonstrated ability to analyze and synthesize complex data sets
- Occasional travel required
- Extensive knowledge of Excel, PowerPoint, Access, statistical analysis, data visualization tools, and financial modeling.
- High degree of comfort with navigating projects with ambiguity
- Strategic thinker with good business acumen
- Gather, analyze, and manage quantitative and qualitative data using a variety of primary and secondary research methods.
- Develop business cases that thoughtfully outline market opportunities, propose an approach to derive benefit, establish financial models to estimate opportunities quantitatively, and expose key sensitivities and uncertainties.
- Industry and market analysis including sizing markets and segments, evaluating channels, conducting value stream analysis, identifying and evaluating potential partnerships, and identifying resulting business opportunities or threats.
We offer competitive compensation and comprehensive benefits and programs that help our employees thrive in both their professional and personal lives. We are proud of our winning culture which is inclusive and respectful at its core. We share passion for serving customers, caring for others, and boldly challenging what's possible for a sustainable world.
We are committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.
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